Management Buyout Of A Private Company
FCP partners with incumbent managers in the
acquisition of the companies which they run, but do not own.
FCP brings financial credibility to management’s ability
to complete a buyout. Managers receive a generous equity stake
in the conservatively capitalized company while retaining
daily operating control. Managers gain FCP as a well funded,
knowledgeable partner to help them grow the business.
FCP backed management in the acquisition
of Adva-Lite from the previous owners. Shortly after the initial
transaction was completed, FCP provided additional capital
so that Adva-Lite could acquire a large competitor. Adva-Lite
is now the world’s largest manufacturer of penlights
for the promotional products industry.