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Promontory Point Capital is pleased to announce our firm's most recent client success with
All Safe Global.
The transaction involving All Safe Global represents
PPC's 6th Done Deal over the past 12 months.
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"PPC did a great job securing capital partners for my business. It was important to have a knowledgeable negotiating partner working on my behalf that understood the needs of all parties. Thank you PPC!"
Matt Boettner
Chief Executive Officer
All Safe Global, Inc.
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All Safe Global, Inc. ("ASG") is a Minneapolis, MN-based servicer and master distributor of equipment and accessories for compressed gas delivery, beverage production, and fire suppression, among other customer segments. The Company maintains an unmatched inventory of cylinders, valves, kegs, life safety equipment, and other industrial hard goods for ready delivery. With a mission to be the premier provider of value-driven, high-quality gas and liquid delivery solutions, All Safe excels at global sourcing, national fulfillment, and regional servicing all supported by extraordinary customer service.
As the Company began to experience accelerated revenue growth, ASG's ownership group desired to attract a partner to support present and future expansion plans. Beyond ASG's core objective of securing a partner to support future growth, the Company also desired a funding partner to address ASG's existing subordinated debt holders who were reaching the end of their investment term. Promontory Point Capital was introduced to the owners of All Safe and was engaged by the Company to serve as its financial advisor. PPC's engagement involved negotiations with the various ASG stakeholders to design and execute a recapitalization plan.
PPC's engagement served as a catalyst for All Safe Global's next phase of growth. Through a recapitalization transaction arranged by Promontory Point Capital, the business of ASG is now supported by two growth-minded institutional investment firms, along with a new senior lender with the capacity to address expanding funding needs. PPC successfully completed this engagement for All Safe Global during September of 2018.
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Promontory Point Capital
is a Milwaukee-based investment banking firm focused on the needs of Midwestern privately-held businesses. Since being formed in 2004, our firm has led over 125 client engagements including the arrangement of debt and equity financing, the evaluation of business sale and recapitalization options, and the planning and execution of growth strategies involving acquisitions, mergers, and joint ventures.
Situations where Promontory Point Capital has been helpful include:
- Business owners and management teams wishing to better understand their options for exploring a full or partial sale of their business, a shareholder recapitalization, or the acquisition of another entity.
- Financing needs encompassing bank and non-bank financing, subordinated debt, and/or equity capital ranging from $5MM to $100MM to fund activities such as internal growth, expansion, shareholder redemptions, some level of senior debt repayment, and/or acquisitions.
- Companies facing operational challenges or those that are financially over-extended, where our firm's profit improvement skills and sources of non-bank financing can both stabilize and better capitalize our client's business.
We welcome your confidential inquiry and encourage you to visit our website at
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Chris Riegg
Partner
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Bill Penkwitz
Partner
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Mike Burmesch
Senior Associate
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Andrew Eck
Associate
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| Promontory Point Partners |
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Jeff Vogelsang
Partner
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Mike Barto
Partner
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Tim Wright
Senior Manager
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MILWAUKEE
(414) 225-0484
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CHICAGO
(312) 925-9972
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