Transactions

Case Study

Revenew International
Industries:
Business & Professional Services; Energy
Description:
Professional services firm offering comprehensive cost recovery solutions to the energy and utility markets.
Location:
Houston, Texas
Ownership:
Profit Technologies Corp.
Transaction Type:
Sellside

Situation

BlackArch Partners was retained to advise on the sale of Revenew, a high-growth and high-margin business. Ownership wanted to make sure no stone was left unturned in the marketing process and wanted to close the transaction on an aggressive timeline.

BlackArch's Customized Solution

BlackArch professionals executed a broad marketing process that put the company in front of a large number of strategic and financial buyers over an intense 10-day period.

Outcome

The marketing process generated more than 30 indications of interest and a high number of competitive final bids. Revenew was sold to Levine Leichtman Capital Partners of Beverly Hills, Calif., after a focused period of final diligence.

“The BlackArch team was well-versed in focusing on the customer and met and exceeded each and every milestone we mutually established. Our company leaders were so impressed with BlackArch that we have asked to be an advocate for them, and I am already looking forward to when we can have the pleasure of working again with the best M&A team in the business.”
John Birks; CEO, Revenew International