Plasco ID (“Plasco”) founders, led by President and CEO Alan Mendelson, sought liquidity and a partner to provide strategic guidance and to capitalize on a distinguishing business model, favorable market trends and strong future growth prospects. BlackArch Partners was engaged to prepare Plasco for discussions with potential strategic and financial investors.
BlackArch helped Plasco define its business model and prioritize its potential growth opportunities. Additionally, BlackArch identified a range of private equity groups and strategic acquirors with demonstrable business model and industry expertise. Through a multi-stage marketing process, management was given the opportunity to determine the best partner with the strongest “fit” and shared vision for future growth opportunities.
Plasco ID received an investment from BV Investment Partners, a middle market private equity firm focused on the information and business services and communications sectors. BV Investment Partners was a strong strategic fit with the track record, experience and vision to support the continued growth of Plasco.