Financial Advisor to AVI Roofing

GLC Advisors Transaction Closing Announcement

Acquired by

GLC served as the exclusive financial advisor to AVI Roofing

AVI Roofing, Inc. (“AVI”), a provider of roofing and repair & maintenance services based in Denver, Colorado, announced its acquisition by Salt Creek Capital, a San Francisco-based private equity firm.

Founded in 1998, AVI completes 5,000+ projects annually across the Front Range of Colorado and is a leading provider of complete roofing services for residential, commercial, and HOA and property management end markets.

AVI offers a comprehensive portfolio of roofing services for steep-slope and low-slope environments, including the installation of roof systems, gutter systems, solar, waterproofing, and maintenance and services.


“When looking for an investment banking partner, GLC Advisors rose to the top in my selection process given their proven knowledge and experience in the industry – along with their high touch approach. After going through this process, I am deeply grateful and even more impressed with the GLC team’s unwavering commitment to me, my management team, and staff in identifying and transacting with the ideal partner to set AVI up for future success and growth.”

Pete Kruse
Founder, President & CEO, AVI Roofing


GLC’s Business Services & Industrials Team 
GLC’s Business Services & Industrials Team is exclusively focused on advising business services and industrials clients in the Middle Market. Our team’s advisory work includes M&A (sell-side and buy-side), financing/debt advisories, recapitalizations, fairness opinions, and valuations. We excel at working with founders and owner-operators. Our team is passionate about the businesses and people that hire us to advise in their strategic decisions and events.

Michael Richter  /  Managing Director
Michael.Richter@glca.com   /  303.479.3844

Adam Fiedor  /  Managing Director
Adam.Fiedor@glca.com  /  303.479.3845

Michael Fleschner  /  Director
Michael.Fleschner@glca.com  /  303.479.3846

Michael Armbruster  /  Vice President
Michael.Armbruster@glca.com  /  303.479.3851

GLC Advisors & Co.
GLC Advisors & Co. delivers objective, senior-level expertise to clients through a variety of advisory assignments including: mergers & acquisitions, equity and debt capital advisories, restructurings/recapitalizations, fairness opinions, and valuations. Offices are located in New York, Denver, Los Angeles and San Francisco.

Financial Advisor to Tower Health

GLC Advisors Transaction Closing Announcement

$1.2bn Recapitalization

$157.5mm Financing

GLC served as the exclusive financial advisor to the Bond Trustee

Tower Health (“Tower”), an integrated 1,200-bed regional health system based in Reading, PA, successfully completed a recapitalization through a comprehensive exchange of over $1bn of outstanding bonds and a new $157.5mm financing. The transaction significantly strengthened Tower’s balance sheet, providing sufficient liquidity and runway for Tower to continue its impressive turnaround.

GLC served as Financial Advisor to the Bond Trustee and an ad hoc group of bondholders (the “AHG”) holding more than 84% of Tower’s $1.2bn of outstanding bonds. The public exchange offer was open to all bondholders and was accepted by 92% of outstanding bonds. Concurrently, the AHG and other participating bondholders provided $157.5mm of new financing to bolster Tower’s near-term liquidity.

GLC is a registered Municipal Advisor with the MSRB and SEC and maintains a core focus on the tax-exempt financial markets.


GLC’s Healthcare Coverage Team
GLC brings a distinctive and dedicated approach to coverage of the Healthcare sector. Our professionals have advised on a range of complex transactions including M&A, debt financing and restructuring & recapitalizations, and our institutional knowledge spans the full spectrum of sub-sectors in this constantly evolving industry. Our clients include corporations, creditors, entrepreneurs, and financial sponsors.

Alex Geier  /  Managing Director
Alex.Geier@glca.com

Sean Cannon
  /  Managing Director
Sean.Cannon@glca.com 

Soren Reynertson  /  Managing Director
Soren.Reynertson@glca.com

Michael Sellinger /  Managing Director
Michael.Sellinger@glca.com

Jason Leshner /  Vice President
Jason.leshner@glca.com

GLC Advisors & Co.
GLC Advisors & Co. delivers objective, senior-level expertise to clients through a variety of advisory assignments including: mergers & acquisitions, equity and debt capital advisories, restructurings/recapitalizations, fairness opinions, and valuations. Offices are located in New York, Denver, Los Angeles and San Francisco. For more information, visit www.glca.com.

Business Services & Industrials M&A Update Q2 2024


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GLC’s Business Services and Industrials Team

Adam C. Fiedor
Managing Director
303.479.3845
Adam.Fiedor@glca.com 

Michael D. Richter
Managing Director
303.479.3844
Michael.Richter@glca.com 

Mike P. Fleschner
Director
303.479.3846
Michael.Fleschner@glca.com 

Mike D. Armbruster
Vice President
303.479.3851
Michael.Armbruster@glca.com

Marcus Fenimore
Associate
720.543.3009
Marcus.Fenimore@glca.com

GLC’s Business Services and Industrials Team is exclusively focused on advising business services and industrials clients in the Middle Market. Our team’s advisory work includes M&A (sell-side and buy-side), financing/debt advisories, recapitalizations, fairness opinions, and valuations. We excel working with founders and owner-operators. Our team is passionate about the businesses and people that hire us to advise in their strategic decisions and events.

About GLC Advisors & Co, LLC

GLC Advisors & Co., LLC delivers objective, senior-level expertise to clients through a variety of advisory assignments including: M&A, financing/debt advisories, restructurings, recapitalizations, fairness opinions, and valuations. Our offices are located in New York, Denver, Los Angeles and San Francisco. Our firm advises shareholders, boards of directors, entrepreneurs, management teams, and capital providers on material financial transactions regarding strategic alternatives, capital structure, and transactions.

Securities offered through GLCA Securities LLC, Member FINRA, SIPC
© 2024 GLC. All rights reserved. This material may not be reproduced in any format by any means or redistributed without the prior written consent of GLC. GLC gathers its data from sources it considers reliable; however, it does not guarantee the accuracy or completeness of the information within this presentation. This material has been prepared solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. No investment, divestment or other financial decisions or actions should be based solely on the information in this presentation and GLC is not, by making this report available, providing investment, legal, tax, financial, accounting or other advice to you or any other party. GLC may from time to time provide investment banking or related services to companies referenced in this presentation.

Financial Advisor to Sutherlands Lumber & Design Gallery

GLC Advisors Transaction Closing Announcement

A wholly owned subsidiary of

Acquired by

GLC served as the exclusive financial advisor to Sutherlands Lumber & Design Gallery

Sutherlands Lumber & Design Gallery (“Sutherlands”), a leading supplier of structural building materials and interior building products based in Fort Collins, Colorado has been acquired by Dardanelle Timber Co. Sutherlands serves as a one-stop-shop source for home design, improvement, renovation, and building needs for both homebuilders & contractors and commercial framers for residential new construction in the Colorado Front Range and surrounding areas.

Sutherlands boasts a dedicated management team focused on delivering exceptional service – prompt, friendly, and expert – to residential homebuilders and contractors. This unique combination of a design center and lumberyard under one roof, with dedicated rail access, positions Sutherlands as a leader in Northern Colorado’s building supply market and will continue to serve the broader Front Range market for generations to come.


“GLC was highly diligent and persistent in presenting our business to potential buyers. We will definitely use them again when the need arises.”

Bob Sutherland Jr.
Owner & Chief Executive Officer, Sutherlands Lumber & Design Gallery


GLC’s Business Services & Industrials Team 
GLC’s Business Services & Industrials Team is exclusively focused on advising business services and industrials clients in the Middle Market. Our team’s advisory work includes M&A (sell-side and buy-side), financing/debt advisories, recapitalizations, fairness opinions, and valuations. We excel at working with founders and owner-operators. Our team is passionate about the businesses and people that hire us to advise in their strategic decisions and events.

Adam Fiedor  /  Managing Director
Adam.Fiedor@glca.com  /  303.479.3845

Michael Richter  /  Managing Director
Michael.Richter@glca.com  /  303.479.3844

Michael Fleschner  /  Director
Michael.Fleschner@glca.com  /  303.479.3846

Michael Armbruster  /  Vice President
Michael.Armbruster@glca.com  /  303.479.3851

Marcus Fenimore /  Associate
Marcus.Fenimore@glca.com  /  720.543.3009

GLC Advisors & Co.
GLC Advisors & Co. delivers objective, senior-level expertise to clients through a variety of advisory assignments including: mergers & acquisitions, equity and debt capital advisories, restructurings/recapitalizations, fairness opinions, and valuations. Offices are located in New York, Denver, Los Angeles and San Francisco. For more information, visit www.glca.com.

Software Capital Markets Report Q2 2024


GLC’s Technology Team:

GLC provides senior-level advice and attention to technology leaders, entrepreneurs and financial sponsors. GLC’s Technology Group specializes in providing sell-side M&A advisory, buy-side M&A advisory, minority and majority recapitalizations, debt and equity capital raising, and other corporate finance advisory services. The GLC Technology Group has decades of technology M&A and capital markets experience and has closed transactions with leading technology consolidators and technology focused private equity firms representing billions of dollars in aggregate transaction value for its clients. 

David Bluth
Managing Director
303.479.3855
David.Bluth@glca.com 

Adam Haynes
Managing Director
303.479.3842
Adam.Haynes@glca.com 

Jim Williams
Managing Director
303.479.3850
Jim.Williams@glca.com 

About GLC Advisors & Co, LLC

GLC Advisors & Co., LLC delivers objective, senior-level expertise to clients through a variety of advisory assignments including: M&A, financing/debt advisories, restructurings, recapitalizations, fairness opinions, and valuations. Our offices are located in New York, Denver, Los Angeles and San Francisco. Our firm advises shareholders, boards of directors, entrepreneurs, management teams, and capital providers on material financial transactions regarding strategic alternatives, capital structure, and transactions.

Securities offered through GLCA Securities LLC, Member FINRA, SIPC
© 2024 GLC. All rights reserved. This material may not be reproduced in any format by any means or redistributed without the prior written consent of GLC. GLC gathers its data from sources it considers reliable; however, it does not guarantee the accuracy or completeness of the information within this presentation. This material has been prepared solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. No investment, divestment or other financial decisions or actions should be based solely on the information in this presentation and GLC is not, by making this report available, providing investment, legal, tax, financial, accounting or other advice to you or any other party. GLC may from time to time provide investment banking or related services to companies referenced in this presentation.

Financial Advisor to OpenCounter

GLC Advisors Transaction Closing Announcement

A subsidiary of a portfolio company of

Acquired by

A portfolio company of

GLC served as the exclusive financial advisor to OpenCounter

OpenCounter, a pioneer in streamlining the permitting and licensing process for citizens and government staff, has been acquired by Accela, a leading provider of cloud-based solutions for government.

“OpenCounter has primarily focused on the applicant experience, understanding that the permitting process starts when someone has an idea and not when they submit their first application.” said Linh Vuong, Product Director at OpenCounter. “Having worked alongside Accela for many years, the OpenCounter team is excited to combine strengths with this partnership, and thrilled for the opportunities we’ll have to bring a comprehensive and user-friendly permitting solution  to cities, counties and states across the country.”


“Integrating OpenCounter’s technology with Accela’s comprehensive platform will revolutionize how citizens and businesses interact with government services. We are committed to making the licensing and permitting process as intuitive and efficient as possible.”

Noam Reininger
CEO, Accela


GLC Technology Group 
GLC’s Technology Group specializes in providing sell-side M&A advisory, buy-side M&A advisory, minority and majority recapitalizations, debt and equity capital raising, and other corporate finance advisory services. The GLC Technology Group has decades of technology M&A and capital markets experience and has closed transactions with leading technology consolidators and technology focused private equity firms representing billions of dollars in aggregate transaction value for its clients.

David Bluth  /  Managing Director
David.Bluth@glca.com  /  303.479.3855

Adam Haynes  /  Managing Director
Adam.Haynes@glca.com  /  303.479.3842

Jim Williams  /  Managing Director
Jim.Williams@glca.com  /  303.479.3850

GLC Advisors & Co.
GLC Advisors & Co. delivers objective, senior-level expertise to clients through a variety of advisory assignments including: Mergers & Acquisitions, equity and debt capital advisories, restructurings/recapitalizations, fairness opinions, and valuations. Offices are located in New York, Denver, Los Angeles, and San Francisco.

IT Services Capital Markets Report Q1 2024


GLC’s Technology Team:

GLC provides senior-level advice and attention to technology leaders, entrepreneurs and financial sponsors. GLC’s Technology Group specializes in providing sell-side M&A advisory, buy-side M&A advisory, minority and majority recapitalizations, debt and equity capital raising, and other corporate finance advisory services. The GLC Technology Group has decades of technology M&A and capital markets experience and has closed transactions with leading technology consolidators and technology focused private equity firms representing billions of dollars in aggregate transaction value for its clients. 

David Bluth
Managing Director
303.479.3855
David.Bluth@glca.com 

Adam Haynes
Managing Director
303.479.3842
Adam.Haynes@glca.com 

Jim Williams
Managing Director
303.479.3850
Jim.Williams@glca.com 

About GLC Advisors & Co, LLC

GLC Advisors & Co., LLC delivers objective, senior-level expertise to clients through a variety of advisory assignments including: M&A, financing/debt advisories, restructurings, recapitalizations, fairness opinions, and valuations. Our offices are located in New York, Denver, Los Angeles and San Francisco. Our firm advises shareholders, boards of directors, entrepreneurs, management teams, and capital providers on material financial transactions regarding strategic alternatives, capital structure, and transactions.

Securities offered through GLCA Securities LLC, Member FINRA, SIPC
© 2024 GLC. All rights reserved. This material may not be reproduced in any format by any means or redistributed without the prior written consent of GLC. GLC gathers its data from sources it considers reliable; however, it does not guarantee the accuracy or completeness of the information within this presentation. This material has been prepared solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. No investment, divestment or other financial decisions or actions should be based solely on the information in this presentation and GLC is not, by making this report available, providing investment, legal, tax, financial, accounting or other advice to you or any other party. GLC may from time to time provide investment banking or related services to companies referenced in this presentation.

Software Capital Markets Report Q1 2024


GLC’s Technology Team:

GLC provides senior-level advice and attention to technology leaders, entrepreneurs and financial sponsors. GLC’s Technology Group specializes in providing sell-side M&A advisory, buy-side M&A advisory, minority and majority recapitalizations, debt and equity capital raising, and other corporate finance advisory services. The GLC Technology Group has decades of technology M&A and capital markets experience and has closed transactions with leading technology consolidators and technology focused private equity firms representing billions of dollars in aggregate transaction value for its clients. 

David Bluth
Managing Director
303.479.3855
David.Bluth@glca.com 

Adam Haynes
Managing Director
303.479.3842
Adam.Haynes@glca.com 

Jim Williams
Managing Director
303.479.3850
Jim.Williams@glca.com 

About GLC Advisors & Co, LLC

GLC Advisors & Co., LLC delivers objective, senior-level expertise to clients through a variety of advisory assignments including: M&A, financing/debt advisories, restructurings, recapitalizations, fairness opinions, and valuations. Our offices are located in New York, Denver, Los Angeles and San Francisco. Our firm advises shareholders, boards of directors, entrepreneurs, management teams, and capital providers on material financial transactions regarding strategic alternatives, capital structure, and transactions.

Securities offered through GLCA Securities LLC, Member FINRA, SIPC
© 2024 GLC. All rights reserved. This material may not be reproduced in any format by any means or redistributed without the prior written consent of GLC. GLC gathers its data from sources it considers reliable; however, it does not guarantee the accuracy or completeness of the information within this presentation. This material has been prepared solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. No investment, divestment or other financial decisions or actions should be based solely on the information in this presentation and GLC is not, by making this report available, providing investment, legal, tax, financial, accounting or other advice to you or any other party. GLC may from time to time provide investment banking or related services to companies referenced in this presentation.

Middle Market M&A Update Q1 2024


Please use the link below to subscribe to future newsletters:
SUBSCRIBE TO THE NEWSLETTERS

GLC’s Business Services and Industrials Team

Adam C. Fiedor
Managing Director
303.479.3845
Adam.Fiedor@glca.com 

Michael D. Richter
Managing Director
303.479.3844
Michael.Richter@glca.com 

Mike P. Fleschner
Director
303.479.3846
Michael.Fleschner@glca.com 

Mike D. Armbruster
Vice President
303.479.3851
Michael.Armbruster@glca.com

Jackson Winn
Associate
303.479.3854
Jackson.Winn@glca.com

GLC’s Business Services and Industrials Team is exclusively focused on advising business services and industrials clients in the Middle Market. Our team’s advisory work includes M&A (sell-side and buy-side), financing/debt advisories, recapitalizations, fairness opinions, and valuations. We excel working with founders and owner-operators. Our team is passionate about the businesses and people that hire us to advise in their strategic decisions and events.

About GLC Advisors & Co, LLC

GLC Advisors & Co., LLC delivers objective, senior-level expertise to clients through a variety of advisory assignments including: M&A, financing/debt advisories, restructurings, recapitalizations, fairness opinions, and valuations. Our offices are located in New York, Denver, Los Angeles and San Francisco. Our firm advises shareholders, boards of directors, entrepreneurs, management teams, and capital providers on material financial transactions regarding strategic alternatives, capital structure, and transactions.

Securities offered through GLCA Securities LLC, Member FINRA, SIPC
© 2024 GLC. All rights reserved. This material may not be reproduced in any format by any means or redistributed without the prior written consent of GLC. GLC gathers its data from sources it considers reliable; however, it does not guarantee the accuracy or completeness of the information within this presentation. This material has been prepared solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. No investment, divestment or other financial decisions or actions should be based solely on the information in this presentation and GLC is not, by making this report available, providing investment, legal, tax, financial, accounting or other advice to you or any other party. GLC may from time to time provide investment banking or related services to companies referenced in this presentation.

Financial Advisor to Near Intelligence, Inc.

GLC Advisors Transaction Closing Announcement

Chapter 11 Reorganization and $50mm Section 363 Asset Sale to

GLC served as the exclusive financial advisor to Near Intelligence, Inc.

Near Intelligence, Inc. (NASDAQ:NIR) (“Near”), a global, privacy-led data intelligence platform, was sold to funds affiliated with Blue Torch Finance LLC (“Blue Torch”) for $50.0mm through a Chapter 11 363 asset sale process.

Near curates one of the world’s largest sources of intelligence on people and places. Near’s patented technology analyzes data to deliver insights on approximately 1.6 billion unique user IDs across 70 million points of interest in more than 44 countries. With a presence in California, Paris, Bangalore, Singapore, Sydney, and Tokyo, Near serves enterprises in a diverse spectrum of industries including retail, real estate, QSR, travel, telecom, media, and more.


GLC Technology Coverage Overview
GLC provides senior-level advice and execution throughout the Technology sector. Our professionals have advised on a range of complex transactions including restructuring & special situations, M&A, debt financing and recapitalizations, and our institutional knowledge spans a broad spectrum of sub-sectors in this evolving industry, with a focus on SaaS, Vertical Applications, Online Applications & Services, and IT & Tech-Enabled Services. Our clients include corporations, creditors, companies, entrepreneurs and financial sponsors.

Deal Team:

Abe Han  /  Managing Director
Abe.Han@glca.com  /  212.542.4555

Bob Swindell  /  Managing Director
Bob.Swindell@glca.com  /  212.542.4552

Daniel Grundei  /  Vice President
Daniel.Grundei@glca.com  /  212.542.4549

David Bluth  /  Managing Director
David.Bluth@glca.com  /  303.479.3855

Jim Williams  /  Managing Director
Jim.Williams@glca.com  /  303.479.3850

GLC Advisors & Co.
GLC Advisors & Co. delivers objective, senior-level expertise to clients through a variety of advisory assignments including: Mergers & Acquisitions, equity and debt capital advisories, restructurings/recapitalizations, fairness opinions, and valuations. Offices are located in New York, San Francisco, and Denver. For more information, visit www.glca.com.