CriticalPoint Partners (“CPP”) is pleased to announce that Westcoast Gate & Entry Systems, Inc. (“Westcoast Gate”), a premier provider of high-end gate installation and repair services, has been acquired by Crescendo Capital Partners and Kian Capital Partners. CPP represented Westcoast Gate as its exclusive sell-side advisor and managed all aspects of the transaction.
Westcoast Gate was founded in 1998 by Gary Ovsiowitz to provide high-end gate services to the city of Los Angeles. Today, Westcoast Gate delivers superior customer service and caters to a clientele that deeply values home and building security. Due to the company’s commitment of providing reliable service on a 24/7 basis, it boasts a customer base of nearly 10,000 families since inception.
Mr. Ovsiowitz expressed his enthusiasm to partner with sophisticated investors to continue the growth of Westcoast Gate. “Crescendo and Kian have the appropriate vision for expanding the reach of our business so that we can deliver our superior services to additional customers. I also want to thank the CriticalPoint team for providing invaluable advice and keeping the process on track to a successful closing. The team proved supremely adept at navigating through sometimes challenging hurdles while exceeding my expectations on value.”
About Kian Capital Partners:
With offices in Atlanta, GA and Charlotte, NC, Kian Capital is a private investment firm with $150 million of capital under management. Kian Capital is a relationship-oriented partner that works closely with business owners, management teams, independent sponsors and private equity firms to provide flexible capital solutions to lower middle-market companies.
Our team has deep expertise across the capital structure, including control private equity, mezzanine debt and leveraged senior debt, which enables us to be flexible, value-added partners to help support the long-term objectives of business owners.To learn more, please visit www.kiancapital.com.
About Crescendo Capital Partners
Crescendo Capital Partners is a private equity firm based in Los Angeles. Crescendo is primarily focused on middle-market change-of-control transactions, typically with enterprise values from $10 million to $100 million. Crescendo was formed in late 2005, and is led by CL Turner, III, a seasoned investment professional who has deployed capital on behalf of Bank One Capital, Orix/Houlihan Lokey and two investment vehicles. Crescendo has 5 portfolio companies in a variety of sectors; as with Westcoast Gates, Crescendo often brings Crescendo operating executives to its portfolio companies. To learn more about Crescendo Capital Partners, please visit www.crescendocap.com.
About CriticalPoint Partners
Headquartered in Los Angeles, CriticalPoint Partners is a leading middle market M&A advisory and investment banking firm focused on sourcing, negotiating and executing a range of corporate finance solutions to enhance shareholder value while building long-term partnerships with our clients. To learn more about CriticalPoint Partners, please visit www.criticalpointpartners.com.
Transaction completed in conjunction with BA Securities.