Technology Consulting Industry Banker Forms New Investment Bank
St. Louis, MO – October 4, 2010 – Randy Grigg, a senior investment banking executive with over 15 years experience focused on the technology consulting sector, including over 70 completed M&A transactions totaling well over $1 billion in value, has formed Ridgecrest Advisors, LLC (“Ridgecrest”). Ridgecrest is an investment banking and business consulting firm dedicated to helping technology consulting firms dramatically increase enterprise value. We bring together world class expertise in M&A advisory, business consulting and financing services with a unique focus entirely on the technology consulting sector. The result is a compelling value proposition to our clients:
Deep Industry Knowledge:
We work exclusively with technology consulting firms and understand industry operating models at a granular level. We can quickly assess the strengths and weaknesses of consultancies and leverage that insight in our M&A, financing and business consulting engagements.
Unmatched Industry Relationships:
Our industry focus means we spend all of our time interacting with key decision makers at consultancies, building relationships, trust and knowledge of unique business and personal characteristics. These relationships dramatically improve speed and success rates in our M&A engagements.
Unsurpassed Industry Transaction Experience:
Our principals have completed over 70 transactions totaling well over $1 billion in value. We understand deeply the many nuances found in consultancy transactions and bring creative insight to find optimal solutions to deal challenges.
Senior Banker Execution & One-To-One Marketing:
The typical investment bank relies on mass email-driven and junior banker-led marketing approaches to M&A and financing efforts. In our model, all contact is made by a Managing Director-level banker and all marketing efforts are customized on a one-to-one basis based on the unique business needs and individual personalities of parties with whom we’ve built relationships over many years of industry focus.
Extensive Cross-Border Experience:
Our principals have worked on transactions involving companies in 15 countries around the world and understand the unique challenges and opportunities presented by cross-border transactions.
“I’m excited to see Ridgecrest bring to its many technology consulting relationships a unique combination of extensive functional banking experience and a dedicated focus on this dynamic and evolving industry,” said Grigg.
Ridgecrest is based in St. Louis, Missouri and works with clients around the world.
About Ridgecrest Advisors
Ridgecrest Advisors is an investment banking and business consulting firm dedicated to helping technology consulting firms dramatically increase enterprise value. Ridgecrest Advisors helps clients in four core areas:
1. Buy-side M&A advisory: We help technology consulting clients increase enterprise value by successfully executing transactions which fortify, extend or transform their businesses. Our principals have run three of the most active acquisition programs in the sector over the last 15 years and bring deep insight into full lifecycle M&A efforts.
2. Sell-side M&A advisory: We help technology consulting clients achieve premium valuations with attractive deal structures through a process that emphasizes speed and risk mitigation. Our deep industry expertise, expansive relationships with the buyer community and unmatched understanding of the perspectives of acquiring firms provide a unique ability to execute optimal transactions.
3. Business consulting: Our Enterprise Value Optimization program helps technology consulting clients improve relative performance visibility, increase profit margins and reduce business risk. With our extensive experience from evaluating hundreds of consultancies while running acquisition programs, we bring unique insight into key performance indicator benchmarks and best practices of highly profitable firms.
4. Private placements: Our ability to successfully raise capital allows our technology consulting clients to build value through funded strategic investment and reduce personal financial risk by realizing partial liquidity on their ownership positions. We have extensive relationships with private equity and debt financing providers who have experience and/or interest in the technology consulting sector.
All services involving securities are offered through Burch & Company, Inc., member FINRA/SiPC ; 4151 North Mulberry Drive, Suite 235; Kansas City, MO 64116; 816.842.4660. Burch and Ridgecrest are not affiliated entities.
