Situation
BlackArch was retained by Transportation Insight to advise on a recapitalization of the company with a financial partner that could provide significant capital to support an aggressive, acquisition-based growth strategy.
BlackArch’s Customized Solution
BlackArch professionals ran a targeted process, managing a select group of financial sponsor investors with industry experience and/or the ability to support an aggressive acquisition growth strategy. BlackArch partnered with Transportation Insight’s Founder, Paul Thompson, to market the deal to a handful of the most qualified buyers in a multi-week roadshow process.
Outcome
Transportation Insight was acquired by Ridgemont Equity Partners, with the company’s management team remaining significant shareholders. Management will continue to lead Transportation Insight’s operations with Ridgemont providing advice and capital to support strategic growth opportunities.
Industries:
Business Services, Distribution
Location:
Hickory, NC
Transaction type:
Sellside Advisory