BOULDER, CO (PRWEB) May 13, 2013
Adler & Co., Inc. announced today that it has brokered the sale of a Boulder based business service / technology company to a strategic acquirer. The seller’s management team is unchanged and will be operating the acquired company going forward. The identity of the parties will be disclosed by the acquirer at a future date.
“The merger gives our client the support of a sophisticated technology infrastructure, marketing reach, corporate and other resources that will allow their management team to more effectively scale the company in the coming years,” according to Jay Adler, of Adler & Co.
The seller was represented by investment banking firm Adler & Company of Boulder, CO, which specializes in the sale of lower middle market companies and in sourcing transactions for private equity firms. Stan Doida of Doida Law, LLC, a Denver-based law firm focusing in entrepreneurial law and mergers and acquisitions, served as lead counsel for the seller.
Adler also commented that, “Business service deals accounted for 31% of total private equity deal flow as of Q1 2013. PE firms and strategic acquirers are actively looking for high quality business service companies to acquire or to partner with.”