Types Of Transactions
Our primary goal in structuring each transaction is to help owners and operators achieve their objectives. We understand that no two situations are exactly alike, and we tailor each transaction to the specific needs of the parties involved. Some business owners are looking to sell all of their ownership, while others simply want to diversify their assets, retain significant equity and continue to run the business. For family-owned businesses struggling with succession issues, we can provide liquidity for the non-operating family members as they exit the business, give the remaining family members greater operational control and then assist in the succession planning and execution. We also back strong operators looking to pursue a consolidation strategy or buy a company they manage, but don't own. Regardless of the situation, we are accustomed to thinking outside the box to find the best solutions for our partners.

Owner Recapitalization/Family Succession
A recapitalization with Quad-C is an ideal solution for an owner who wants to monetize a portion of his/her ownership position while continuing to manage day-to-day operations. Quad-C also backs certain members of family management in buying ownership from other family members and/or outside shareholders. By working with Quad-C, active managers within the family can gain partial liquidity, increase their ownership in the company, continue running the business and provide an exit mechanism for non-operating family members.

In either case, the owner’s remaining equity can typically be rolled over on a tax-deferred basis allowing for significant ownership and a “second bite of the apple” upon a later liquidity event. In a number of instances, including Asset Acceptance Capital Corp., Service Partners and TDS Logistics, this “second bite” was considerably more valuable than the first, due to the growth experienced during Quad-C’s investment.

Examples from Quad-C:

• Acoustical Material Services


• Asset Acceptance Capital Corp.


• Document Technologies
• Generation Brands
• NuSil Technology


• Service Partners


• TDS Logistics

Management Buyouts
We partner with managers in the acquisition of companies they run, but do not own. Management buyouts come in many forms including: (i) a corporate orphan, where we help managers acquire a division of a parent company, (ii) a going private, where we work with management to buy out public shareholders and take the company private, or (iii) a buyout of a private company, where we partner with management and buy out shares from the controlling private shareholders.

As a well funded, experienced investor with a history of closing transactions quickly and on the same terms as originally promised, Quad-C brings financial credibility to management’s ability to complete a transaction. Management continues running the day-to-day operations, but now benefits directly from any value they create, as we provide our management partners with the opportunity of owning a significant portion of the company through both direct investment and an attractive option program.

Examples from Quad-C:

• C&A Floorcoverings, Corporate Orphan


• Polaris Pool Systems, Private Company


• Red Robin, Private Company


• Technimark, Corporate Spinoff


• Universal Fiber Systems, Corporate Orphan

Industry Consolidation
Quad-C backs managers in completing strategic acquisitions within fragmented industries. We pursue industry consolidations in conjunction with management buyouts, recapitalizations and family successions. We are also comfortable backing experienced management teams in building companies from scratch through logical industry consolidation strategies. We have been successful in a number of consolidations, as we focues on making only strategic acquisitions and then work with management to develop smart integration plans (we do not believe if acquiring businesses simply to get bigger). Having completed approximately 120 acquisitions since Quad-C was founded, we know the right and wrong actions to take, and we help ensure that our management teams complete their acquisitions successfully.

Examples from Quad-C:

• Classic Party Rentals
• Heartland Automotive, In conjunction with a management buyout
• Max Media, From scratch
• Service Partners, In conjunction with a recapitalization
• Spa and Bath Holdings / Balboa Water Group
• Generation Brands