Quarton Partners Advises Clarus Glassboards In An Equity Recapitalization With Bertram Capital
BIRMINGHAM, Mich., March 3, 2015 /PRNewswire/ -- Quarton Partners is pleased to announce that Clarus Glassboards, LLC ("Clarus", or the "Company") has been recapitalized by Bertram Capital. Clarus Co-Founders Jeremy Rincon and Robby Whites, as well as President Andy Philipp will retain significant ownership in the Company. Clarus is the leading designer and manufacturer of branded glassboards, mobile glassboards, healthboards, architectural glass systems and furniture glass to the commercial, education, healthcare, hospitality, entertainment and government end markets.
Leveraging its core competencies in design and product development, as well as its vertically integrated manufacturing capabilities, Clarus delivers solutions that are aligned with market trends and tailors its product offering across a number of custom features, including size, style, finish, shape, color, pattern and logo. End users of Clarus products include distinguished companies and institutions such as Apple, Google, PepsiCo, JPMorgan, Tesla and Harvard University.
In addition to increasing adoption of glassboards over traditional whiteboards, Clarus has benefited as businesses are increasingly shifting towards more collaborative and open work environments. The contemporary, sophisticated look of Clarus glassboards is viewed by many customers as an important feature in recruiting and retaining top talent, while improving culture, collaboration and knowledge sharing in the workplace.
Quarton Partners acted as the exclusive financial advisor to Clarus in this transaction.
Clarus Glassboards (www.clarusglassboards.com), headquartered in Fort Worth, Texas, is a leading designer and manufacturer of branded visual glass display systems across the commercial, education, healthcare, hospitality, entertainment and government end markets. These products are utilized in a multitude of applications, including offices, cubicles, conference rooms, collaborative spaces, classrooms, patient rooms, and reception / lobby entrances, among many others.
Bertram Capital (www.bcap.com) is headquartered in San Mateo, California. With over $850 million in capital under management, Bertram Capital is a private equity firm targeting investments in lower middle market companies. By supplying flexible investment capital and committing a wealth of operational and strategic resources to each investment, we make it our core objective to move companies, management teams, and employees toward unlocking their full potential.
ABOUT QUARTON PARTNERS
Quarton Partners (www.quartonpartners.com), headquartered in Birmingham, Michigan, is a premier middle market investment banking firm, serving privately held and publicly traded companies, as well as private equity firms. Quarton Partners assists its clients with mergers and acquisitions, private capital raising and other financial advisory services. Its principals have successfully completed hundreds of engagements in a variety of industries across the U.S. and throughout the world.
All securities offered through Quarton Securities, L.P., a member of FINRA and SIPC, and an affiliate of Quarton Partners, LLC.
SOURCE Quarton Partners
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