Company: Total Site Solutions, Inc.
Situation
The Company was the only mission critical facilities contractor offering design, build and maintenance services. Shareholders were seeking growth capital for acquisitions and liquidity. The shareholders desired to maintain operating control.
Objective
Identify the appropriate funding source to provide growth capital, eliminate bank guarantees and create a platform for acquisitions in the US.
Solution
We were engaged to identify funding sources through a disciplined methodology. The firm identified a Special Purpose Acquisition Company which met shareholder objectives. The deal provided publicly-traded stock for acquisitions and $28 million of cash at closing.