Mergers & Acquisitions Archives - Page 2 of 14

Package Concierge Transaction

Transaction Announcement

Package Concierge, a US-based multifamily parcel management solutions provider, has been acquired by Quadient (Euronext Paris: QDT), a global automation platform.

“The acquisition of Package Concierge naturally aligns with Quadient’s ‘Elevate to 2030’ ambitions to automate first and last mile parcel delivery driven by rising e-commerce penetration and bring us closer to reaching the €200 million in revenue target set for 2030 for our Lockers automation platform,” said Geoffrey Godet, CEO at Quadient. “We’re excited to welcome the top industry talents from Package Concierge to the Quadient family and look forward to building a successful future together.”

To learn more, please visit our website: www.glca.com

GLC did a great job managing a successful sale – from our initial meeting to the conclusion of the process, they instilled confidence that we had the right partner. The GLC team offered valuable guidance on expected value and approach, provided necessary support and drove the process on a tight schedule. The GLC team worked tirelessly and remained steadfast in their commitment to providing value to all of Gibraltar’s stakeholders. We wish our teammates success with Package Concierge’s new owners.
Kerri Winter
President & GM, Florence, a Gibraltar Company

GLC Technology Team Overview

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.

Deal Team

David Bluth

Managing Director / Denver

Adam Haynes

Managing Director / Denver

Jim Williams

Managing Director / Denver

AVI Roofing Transaction

Transaction Announcement

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

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.

Deal Team

Michael Richter

Managing Director / Denver

Adam Fiedor

Managing Director / Denver

Michael Fleschner

Managing Director / Denver

Mike Armbuster – PENDING

Director

Sutherlands Lumber & Design Gallery Transaction

Transaction Announcement

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

Business Services & Industrials Team

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 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.

Deal Team

Adam Fiedor

Managing Director / Denver

Michael Richter

Managing Director / Denver

Michael Fleschner

Managing Director / Denver

Mike Armbuster – PENDING

Director

Marcus Fenimore – PENDING

Associate

OpenCounter Deal Announcement

Transaction Announcement

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.”

To learn more, please visit our website: www.glca.com

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 Team Overview

Deal Team

David Bluth

Managing Director / Denver

Adam Haynes

Managing Director / Denver

Jim Williams

Managing Director / Denver

Silicon Mountain Technologies Transaction

CoorsTek Transaction

Chapter Spot Transaction

Transaction Announcement

ChapterSpot, a leader in providing non-profit organizations with innovative software solutions including CRM and member management, has been acquired by Billhighway, a provider of finance management solutions for fraternal organizations and associations.

“ChapterSpot joining forces with Billhighway creates a comprehensive, powerful, and scalable technology solution. We are now uniquely able to deliver a best-in-class system — one that is seamless throughout the member lifecycle from recruitment to dues, from chapter operations to financial management, from donor management to housing,” says Joe McMenemon, co-founder of ChapterSpot. “Together, as one company, we are deeply committed to the success and growth of the fraternal community and each of our clients.”

To learn more, please visit our website: www.glca.com

We engaged the GLC Technology Team in response to inbound interest from strategic parties. GLC plugged in immediately and was able to get us organized and out to market in a matter of days. I can’t overstate the value that GLC brought to the transaction. I was impressed with the team’s creative approach to complex deal issues, broad knowledge of the technology sector, and commitment to providing unmatched service. They are true experts of the entire M&A process and helped guide us to the best outcome for everyone involved.
Joe McMenemon
Co-founder, ChapterSpot

GLC Technology Team Overview

Deal Team

David Bluth

Managing Director / Denver

Adam Haynes

Managing Director / Denver

Jim Williams

Managing Director / Denver

Champion Auto Carriers Transaction

Transaction Announcement

Champion Auto Carriers (“Champion”), a premier auto logistics and transportation solutions provider, announced its acquisition by Accelerated Services, a national auto transport carrier and auto transport broker service provider.

Established in 1999, Champion provides delivery of over 120,000 automobiles each year and specializes in auto sourcing, load distribution & batch management, auto pick-up & transport, and auto delivery & unloading. Champion’s comprehensive auto logistics solutions cover 18 states throughout the Central and Western United States primarily serving the world’s leading automotive OEMs and dealers.

The team at GLC did an amazing job along the journey to completing the transaction. Their dedication and professionalism was unmatched, and they always stayed focused on reaching the final goal. They fully understand the process and have an expertise in the M&A industry. I want to personally thank them and their entire team for everything they did for us. They truly bring value to the M&A process.
Tony Cromwell
Founder, President & CEO, Champion Auto Carriers

Business Services & Industrials Team

Deal Team

Michael Richter

Managing Director / Denver

Adam Fiedor

Managing Director / Denver

Michael Fleschner

Managing Director / Denver

Mike Armbuster – PENDING

Director

Jackson Winn – PENDING

Associate

Augustus Aerospace Acquisition Transaction

Transaction Announcement

Augustus Aerospace Company (“AAC”), a leading developer and provider of Intelligence, Surveillance, and Reconnaissance (“ISR”), communications, and radar systems for space platforms has been acquired by Aeronix Technologies Group (“ATG”), a provider of defense electronics for use in the domains of air, land, sea, and space. ATG is a portfolio company of ShoreView, a Minneapolis-based private equity firm.

Founded in January 2018, with facilities in Lone Tree and Colorado Springs, Colorado, AAC designs, develops, and delivers robust, integrated mission systems to meet military, defense, and intelligence customers’ most challenging ISR, communications, and radar requirements. AAC has successfully executed over 15 separate programs and will have delivered more than 40 flight payloads by the end of this year – each requiring sophisticated innovations for mission success in addition to supporting aggressive delivery schedules.

ATG’s acquisition of AAC will support AAC’s transition from cutting edge research and development of ISR space systems to high-capacity production that meets and exceeds the demanding standards of space operations.

At Augustus we develop cutting edge capabilities across the entire spectrum of electromagnetics from ultrawide band electronically steerable arrays, to very low noise digital sampling receivers to the most complicated signal processing algorithms in the world. The only way we were going to get top dollar for the sale of our company is with the support of an extremely intelligent investment banking team. GLC Advisors was up to the challenge and became persuasive advocates throughout the entire process.
Mace Golden, Ph.D.
President & CEO, Augustus Aerospace Company

Business Services & Industrials Team

Deal Team

Adam Fiedor

Managing Director / Denver

Michael Richter

Managing Director / Denver

Michael Fleschner

Managing Director / Denver

Mike Armbuster – PENDING

Director

Jackson Winn – PENDING

Associate

Octopi Brewing Transaction

Transaction Announcement

Octopi Brewing, one of North America’s largest contract beverage production and co-packing facilities, located in Waunakee, Wisconsin announced its acquisition by Asahi Europe & International (AEI), the international branch of Asahi Group Holdings, Ltd. (TSE:2502) – a global food and beverage holding company of brands such as Asahi Super Dry, Peroni Nastro Azzurro, Pilsner Urquell, and Kozel among others.

Octopi Brewing’s modern production facility was built from the ground up to innovate and produce a wide range of beverages, including beer, non-alcoholic, and ready to drink products, using state-of-the-art packaging lines. Today, Octopi operates over 545,000 square feet of production and warehousing facilities with production capacity exceeding 1,000,000 bbl annually.

Octopi will be integrated into AEI’s U.S. subsidiary, Asahi Beer USA, and begin production of global brands Asahi Super Dry and Kozel for the North American marketplace along with a wider portfolio of brands for distribution and sale in Canada. The acquisition of Octopi represents a significant step forward in accelerating Asahi’s global ambitions for Asahi Super Dry, Japan’s most popular beer, which will now be brewed in the U.S. for the first time.

I had the opportunity to work with GLC in the past and when the opportunity to partner with a leading, global food and beverage products company became a possibility, the team at GLC was my first call to make it a reality. The GLC team’s ability to guide us through the complex process of a sale was invaluable in achieving a successful outcome for us.
Isaac Showaki
Founder & President, Octopi Brewing