$2 Billion Of Capital Available For Private Business Owners
May 22nd, 2009
Bridge Ventures announced that another Private Equity group agreed to participate in their unique capital access program. The program opens up additional channels for private business owners to access capital.
Bridge Ventures, LLC announced that they obtained another Private Equity client for their unique “buyside” program. In this program, clients (the buyers) have hired Bridge to assist them in identifying and screening independent companies for potential investment or acquisition.
Bridge now has nine clients in the program consisting of public corporations, large private companies, and private equity groups. Combined, Bridge’s clients have over $2 billion of capital ready to invest for the right opportunities.
Greg Dupuis, Bridge’s President, commented “Under the traditional industry model that has existed for years, the owner of a private company would hire us to help them sell all or part of their company.
We recognized this model did not meet the needs and concerns of many private business owners.
Our new program allows private business owners to explore their options yet, they pay no fees, are under no contract with Bridge, and do not disclose sensitive information or waste precious time with unqualified buyers.”
Because of the scope of Bridge’s client base, a diverse range of options is often available to sellers such as the complete sale of the business, minority and majority investments, recapitalizations, management buyouts, controlled succession planning, and capital infusions.
Bridge believes its leading position and reputation within the financial markets was instrumental in making a program like this possible.
Bob Abood, Executive Vice President of Bridge, added “I am excited to be part of this exclusive program which opens up additional channels for private business owners to access capital.
It is the right program at the right time in our economy and it will allow entrepreneurs to create additional value both for themselves and their companies.”
Entry Filed under: FINWIRE®





Trackback this post