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New Deal


Announced

Revolution Capital Group to acquire Contec from Garrison Investment Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

digital solutions

telecommunications services

Single Bidder

Private

Domestic

Acquisition

technology refurbishing

Digital Services

Friendly

creative technology

Pending

Telecommunications Services: Other

Private Equity

United States

Synopsis

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Revolution Capital Group, a middle market focused global private investment firm, agreed to acquire Contec, a electronic repair and cosmetic refurbishment services provider, from Garrison Investment Group, a middle market credit, distressed and asset based investor. Financial terms were not disclosed. "We had a long and fruitful relationship with Garrison Investment Group and thank them for all the support over these past 10 years. We are very excited to have new ownership that shares our vision for the future of Contec and believe the Revolution Capital Group Team are a perfect fit for us," Joe Joy, Contec CEO.

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