We help clients with critical information gathering so they can make the best decisions when buying or selling a business.
WINTER PARK, Fla. (PRWEB) March 06, 2018
Cortland Advisors, LLC, a Mergers & Acquisitions consulting boutique based in the Central Florida area, announced that it has acquired Nablis LLC, a management consulting firm based in Winter Park, FL, to better serve its clients around the world.
The new combined company will operate under the brand name Cortland Advisors, LLC.
The transaction, which was approved by both company’s boards of directors, can now offer small-to-mid-sized clients the full breadth of financial and consulting capabilities to include Pre-Merger Management, M&A Consulting, Post-Merger Divestiture, and Integration Support.
Terms of the private sale were not disclosed.
Ken Taormina, the founder of Cortland and Nablis, will remain with the combined company as its President and Founder. Cortland’s new Chairman and CEO, Randy Coppersmith, will now manage the combined company. The firm will maintain its primary headquarters in Winter Park, FL, and will also operate out of offices in Washington, DC. It will continue to operate with its affiliates in Asia and Western Europe.
“We’ve been seeing a need to offer our clients, especially International clients, better pre- and post-M&A support,” said Taormina. “Both Cortland and Nablis have been growing, and had established a good working relationship,” he said. “It just made sense to combine the two companies.”
“As Cortland has grown over the last six months, it became evident we needed more infrastructure to support our growing client base,” said Coppersmith. “Helping clients prepare for a liquidity event, or a major acquisition, is an important part of what we do. We help clients with critical information gathering so they can make the best decisions when buying or selling a business.”
“By adding the Nablis team, we can now better offer clients an end-to-end consulting experience, from acquisition or divestiture planning, to due diligence and preparation of prospectus and marketing --- all the way through a buying or selling process,” said Taormina.
Cortland’s Global Affiliates were informed of the acquisition in advance. As a result of the merger, Cortland now has a team of over 30 dedicated professionals throughout the United States. It also has affiliates who cover India, Singapore, Hong Kong, Western Europe, and Canada.
About Cortland Advisors
Cortland Advisors is a boutique Mergers & Acquisitions consulting firm that specializes in transactions in the $10-50 million range. Its focus, since its founding in 2013, has been on the buy-side, working with Private Equity companies. In 2018, however, it has taken on more sell-side clients as the M&A market has shot upwards. Cortland specializes in Technology and Software, Engineering Services, Government Contracting, Healthcare and Media. http://www.cortlandadvisors.com
Nablis, founded in 2014, specializes in management consulting to C-level executives. Its primary focus has been in human resources assessments and post-acquisition consolidations. It has an extensive portfolio of clients who utilize the company’s Leadership Development Training and Coaching services. http://www.nablis.com