The sole owner of a privately held industrial cleaning service company needed to start planning for retirement.
Statesman’s Value Add:
- Exclusive sell-side M&A advisor to the Company
- Familiarity with sophisticated investors in the industrial, petrochemical, and refinery space
- Capital sourcing through strategic, global contacts in the industry
- Multiple structures modeled out and explored in a team environment
- Negotiated purchase price and terms of the ultimate agreement
- Assisted in due diligence and closing
Successful minority recapitalization with a reputable private equity firm.
The minority recapitalization effected by Statesman allowed the Company’s founder to remain a majority shareholder and Company CEO while also being able to access capital for personal financial planning needs as well as growth capital for the business.