Lincoln International represents KRG Capital Partners in its sale of Ansira Partners, Inc. to Advent International Corporation
Lincoln's Technology & Media group continues its strong momentum with its 16th transaction closed in 2016
CHICAGO, Dec. 27, 2016 /PRNewswire/ -- Lincoln International ("Lincoln"), a leading global mid-market investment bank, is pleased to announce that KRG Capital Partners ("KRG") has agreed to sell Ansira Partners, Inc. ("Ansira" or the "Company") to Advent International Corporation ("Advent"). Terms of the transaction were not disclosed.
Ansira is a premier data-driven, technology-enabled marketing solutions provider which integrates data analytics, CRM, localized marketing automation and performance media with best-in-class execution strategies. Together these capabilities drive ROI-measured marketing programs at a national and local level. Ansira's product offering focuses on the use of data-driven decision making, from marketing decisions and strategy recommendations to media / channel allocations and creative concepts. This offering is supported by the Company's unmatched ability to integrate, model and activate disparate first, second and third-party data sources. More than 150 leading brands trust Ansira to transform their marketing programs, nurture customer relationships, inform creative ideas and brand experiences and fuel consumer engagement while optimizing the impact of marketing expenditures.
Denver-based private equity firm KRG acquired Ansira in 2012 and will exit its investment with this transaction. "We are very pleased with the transaction, both for our limited partner investors and for our management partners from Ansira," commented Colton King, Managing Director at KRG. "Lincoln's deep industry expertise, access to the relevant global buyer universe and tremendous execution capabilities contributed to an outstanding result for all of Ansira's shareholders. The advisory team led an efficient process that delivered on our objectives and allowed management to focus on the Company's continued strong performance," King added.
Advent, one of the largest and most experienced global private equity investors, is acquiring its stake in partnership with Ansira's management, who will continue to retain a substantial ownership position in the Company. "We look forward to partnering with Advent during this next phase of growth for our Company," said Martin Reidy, President and CEO of Ansira. "We remain focused on executing our strategic plan of both organic and inorganic growth, expanding into new markets, and leveraging our new capabilities and expertise to serve clients' needs amid a rapidly evolving digital landscape."
Advent has invested in more than 315 private equity transactions in 40 countries and as of September 30, 2016, had $42 billion in assets under management. With offices on four continents, Advent has established a globally integrated team of more than 190 investment professionals across North America, Europe, Latin America and Asia. The firm focuses on investments in five core sectors, including business and financial services; healthcare; industrial; retail, consumer, and restaurants and leisure; and technology, media, and telecom.
Lincoln, with a team led by Rob Brown, Pete Stack and Michael Fineman, served as a sell-side co-advisor to KRG and Ansira, working closely with the Company's management team and shareholders throughout the sale process.
For more information on Lincoln's Global Technology & Media Group, please visit our website.
About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and joint venture and partnering advisory services on a wide range of transaction sizes. With eighteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest.
More information about Lincoln International can be obtained at www.lincolninternational.com
Media Contact: Ashley Luse
[email protected]
(312) 506-1998
SOURCE Lincoln International LLC
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