Archives: Transactions
Verus Global
Transaction Announcement
Verus Global equips clients to successfully achieve strategic imperatives by providing tailored programs that develop and align collaborative leaders and teams. Founded in 1990, Verus Global has served 25+ industries across 35+ countries for mid-sized and Fortune 500 clients with proprietary in-house content to facilitate custom programs, workshops, certifications, and coaching utilizing three core programs with both virtual and in-person delivery models.
The combination of Verus Global’s 30 years of experience bringing out the best in individuals and organizations, and iPEC’s industry-leading Coach Training Program, which has certified 25k+ professional coaches worldwide, will allow the businesses to make an ever bigger impact and establish collaboration as a core value in society.
To learn more, please visit our website: www.glca.com. Lorem ipsum dolar sit. Lorem ipsum dolar sit.
Relinquishing control of what you’ve dedicated your life to building isn’t easy. GLC proved you can move through this experience with confidence. Because of their skills and integrity, you can trust them fully to deliver the results you imagine.
Craig Ross
Chief Executive Officer, Verus Global
Business Services & Diversified Industries Team
GLC’s Business Services and Diversified Industries 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
House Advantage
Smartabase Transaction
Transaction Announcement
Smartabase, the premier SaaS-based health & human performance analytics platform for elite sports, military, and public safety organizations, announced its acquisition by Teamworks, an enterprise SaaS company serving elite sports and tactical organizations. Teamworks is a portfolio company of Delta-V Capital and General Catalyst.
Smartabase is one of several recent acquisitions by Teamworks in their strategy to become the Operating System for Sports™. “Adding Smartabase as a Teamworks product is transformative to our company, allowing our customers the best tool in the human performance space and expanding our full product suite to more athletes and service members,” said Zach Maurides, Founder and CEO of Teamworks.
Markus Deutsch, Co-Founder and CEO of Smartabase stated, “This was a no-brainer for pro, college and Olympic teams and the National Governing Bodies we serve. Many of our customers use Teamworks today, so having both products together under one umbrella will help them simplify their tech stacks.” For Smartabase military and public safety clients, Deutsch added, “Our tactical users will benefit from additional investments in product development to meet their specific needs and have access to new tools to communicate with and support service members.”
As an Australian headquartered company embarking on our first capital raise in the US, we knew from the outset that our selection of the right banking partner was critical. We conducted an extensive selection process, during which time GLC demonstrated by far the highest level of knowledge and expertise, and most importantly work ethic and flexibility, compared to the other candidates. We also felt a strong sense of culture fit with the GLC team, a very important factor knowing the journey ahead would not be an easy one given the difficult market conditions. To make matters even more complicated, just as we were preparing to launch the raise process with GLC, we received an unsolicited response to be acquired by a US company. Despite such an unusual twist, GLC was able to immediately adapt and run a parallel process of both capital raising and a possible acquisition. What ensued was an incredibly complex two months of negotiations and due diligence, involving legal and accounting matters on a global scale, given our entities in Australia, the US, UK, and EU. GLC relentlessly quarterbacked the whole process, enduring all matter of working hours, twists and turns as things unfolded. Whilst many observers told us the process would take at least 3-4 months, GLC was able to work with us to get it done in two. Quite simply we could not have done it without the team at GLC.
Markus Deutsch
Chief Executive Officer, Smartabase
Technology Team
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
Melvin Brewing Acquired By Roadhouse Brewing Co.
Transaction Announcement
Melvin Brewing (“Melvin”) is the largest craft brewer in Wyoming producing over 35,000 barrels annually, offering award winning beers, a world-class destination brewing location in Alpine, WY, and established distribution channels across 27 states. Melvin’s 40+ accolades include winning Small Brewpub and Brewery Group of the Year at the Great American Beer Festival in 2015 and 2017, respectively.
The combination of Melvin Brewing and Roadhouse Brewing Co. (“Roadhouse”), located only 35 miles apart, will produce 50,000 barrels in 2023. Together, with continued demand and a growth capital injection from Roadhouse, the combined breweries anticipate producing 80,000 barrels annually in several years. Immediate upgrades include a state-of-the art rotary canning line and the expansion of the Melvin Tap Room in Alpine, WY.
To learn more, please visit our website: www.glca.com
GLC was the right choice as they understood the unique value proposition Melvin possessed for the right acquirer that allows the Melvin brand to continue and flourish. GLC ran a vigilant process allowing us to maximize value and find the right partner – one that seeks to retain and grow our staff, values our partnership and shared vision with the town of Alpine, and has the experience and leadership to grow the Melvin brand. In Roadhouse, we believe we found a perfect fit. GLC’s steadfast dedication to Melvin and the process proved invaluable, and I would without exception, recommend GLC for anyone considering a sale.
Zander Doroski
Chairman of the Board of Directors, Melvin Brewing
Business Services & Diversified Industries Team
GLC’s Business Services and Diversified Industries 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
AccuSystems
Transaction Announcement
AccuSystems, a leading provider of document imaging and tracking software that enhances compliance, workflow management, and business process automation for financial institutions, announced its acquisition by Alogent, a portfolio company of Battery Ventures.
The AccuSystems–Alogent combination pairs two principals in the enterprise content and information management (ECM / EIM) market, strengthening the combined company’s commitment to the industry and expanding the automation capabilities available to banks and credit unions of all asset sizes. The integration of Alogent and AccuSystems brings best-in-class digital transformation solutions together under a unified go-to-market that differentiates organizations from their competition and improves institutional loyalty.
To learn more, please visit our website: www.glca.com
When I decided to explore the strategic options for our company, GLC was my only call. Over the years, the GLC team provided thoughtful guidance on market conditions and walked me through the roadmap of a successful sale process. The team ran a competitive process that exceeded my expectations in terms of buyer interest, due diligence preparation, and valuation outcome. I always felt they had my best interests top of mind and represented me at all times. I would only recommend GLC to anyone looking for a thoughtful, trusted advisor when considering a sale.
Alan Wooldridge
Founder & CEO, AccuSystems
Business Services & Diversified Industries Team
GLC’s Business Services and Diversified Industries 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
