Xe Services Acquired by Forté Capital, Manhattan Partners

“BlackArch used its knowledge of the stability sector and relationships with key buyers to run a competitive auction process that produced a number of strong final bids from both private equity groups and strategics,” Xe Services founder and owner Erik Prince said. “The BlackArch team gave me straightforward, frank advice throughout the process, and worked hard to get this non-standard transaction across the finish line.”

The sale of Xe was the second transaction BlackArch Partners co-founder Gordie Vap completed on behalf of Mr. Prince in 2010. He also advised Xe on the sale of Aviation Worldwide Services to AAR Corp. (NYSE: AIR) in April 2010.

“BlackArch became a part of our organization. It was like having our own M&A staff on board,” said Mike Taylor, former Chief Financial Officer of Xe Services. “I have worked with many bankers over my 20 years as a CFO and I have never worked with a more detailed, hard working and thorough firm.”

Xe is a leading global stability services provider. Founded in 1997, the company has grown from a basic training facility to support the needs of local and regional law enforcement personnel to a world-class provider of training and security services to public and private entities the world over. Xe’s headquarters in Moyock, N.C., house the largest private training center in the United States.

Forté Capital Advisors and Manhattan Partners are private equity investors with experience across private equity, corporate finance, M&A, entrepreneurship, and operations.

BlackArch Partners is a middle-market investment bank offering a full spectrum of advisory services. The firm addresses the needs of entrepreneurs, founders and shareholders of Private Companies with specialized services that include Strategic Advisory and Private Capital solutions, as well as M&A advisory work. BlackArch Partners also offers a full suite of investment banking advisory services to Financial Sponsors and Diversified Corporations. Based in Charlotte, N.C., the firm covers all industries of interest to middle-market investors and its professionals have closed deals in 15 countries on four continents. Please visit our website, www.blackarchpartners.com, for more details.

Securities transaction conducted through Alpha Omega Capital Securities LLC. Member FINRA and SIPC.