Leveraging Technology to Expand Into New Markets Overview Company founded in 1961 and profitable every year Proprietary products drove strong customer relationships and recurring revenues Founder limited growth to a lifestyle business resulting in low penetration of a large potential market (100+ U.S. pulp mills and untapped mining market) Attractive EBITDA margins Management buyout completed…
Culture of Excellence Drives Billion Dollar Exit Overview Founded as an executive recruiter, in the late 1980’s Developed the “Hire, Train, Retain” outsourced human resources model Purchased several companies in targeted areas; multiplied the sales post-acquisition by cross-selling to Fortune 500 customer base Rapid growth attracted national attention, including membership in the INC 500 and…
Recapitalization lets Liberty’s founder take money off the table, share equity with the management team, and build a balance sheet for growth. OVERVIEW Liberty pioneered the direct-to-store distribution of confections and snacks to the check out aisle for non-food retailers in 1998 Company had achieved sales of over $40 million by 2007 Founder desired liquidity…
Mark Harshbarger, former CFO and COO of Philosophy, talks to us about his experience helping build one of the most successful cosmetic companies in the USA K: Mark, thanks for coming in. M: You’re welcome! K: For the benefit of our CEOs, we want to showcase the success that you’ve had with Philosophy and talk…
Accelerates Social Business for Workforce Transformation ARMONK, N.Y. – 4 December 2012 . . . IBM (NYSE: IBM) today announced the closing of its acquisition of Kenexa. Kenexa bolsters IBM’s leadership in helping clients embrace social business capabilities while gaining actionable insights from the enormous streams of information generated from social networks every day. The net…
You may have been wondering about Private Equity. But is it right for your company? When should I look for Private Equity? If your company is at a turning point, chances are you should be looking into Private Equity. Often it’s because you are growing faster than the bank can fund, a new acquisition…
(Chandler, AZ) In June 2012, Liberty Distribution completed its sale to Vistar, a division of Performance Food Group. Founded in 1998 by Jim Schweikert, Liberty Distribution grew to become the leading snack food distributor to non-food retailers. G. Kevin Fechtmeyer, Managing Partner of Cave Creek Capital, noted, “This was a tremendously successful investment due to…
Bastech, (Jacksonville, FL) a leading provider of chemical solutions to the paper, pulp and mining industries, was named as one of the 50 fastest growing companies by the Jacksonville Business Journal, as well as one of the top 10 fastest growing companies in total revenues in the region. Bastech was ranked 6th in total revenue…
Bastech LLC (Jacksonville, FL), a leading provider of performance chemical solutions to the paper/pulp and mining industries, completed a $14 million refinancing with SunTrust Bank. The proceeds were used to repay its remaining senior and subordinated debt and to expand its credit facilities. The senior term and revolver financing allowed Bastech to substantially lower its…
New York (January 25, 2012) – Insurance brokerage and risk management firm Integro, established in 2005 as an alternative to legacy brokers, has overtaken them in ‘lead broker’ client loyalty, according to results of Greenwich Associates’ annual industry survey. Integro earns a perfect 100 score when clients are asked if they’d recommend the firm to…