VRA Advises Brandt Information Services on its Equity Investment from Providence Equity Partners
VRA is pleased to announce that
Brandt Information Services ("Brandt" or the "Company"), a leading provider of
outdoor recreational technology platforms, has received a new equity investment
from Providence Equity Partners. As part of the transaction,
NexPhase Capital, LP, the previous majority shareholder of the
Company, will retain equity in the Company. VRA acted as a financial advisor to
Brandt. Terms of the transaction were not disclosed.
Brandt Information Services
Founded in 1985 and
headquartered in Tallahassee, FL, Brandt provides innovative, modern, and
secure technology solutions to public and private organizations with wildlife
conservation and recreational management operations. Providing a variety of
platform offerings including licenses, registrations, reservations, marketing,
and merchandising, Brandt is an all-in-one partner for outdoor recreational
management needs, delivering best in-class customer service. Learn more at www.brandtinfo.com.
Providence Equity Partners
Providence Equity Partners is a
specialist private equity investment firm focused on growth-oriented media,
communications, education, and technology companies across North America and
Europe. Providence combines its partnership approach to investing with deep
industry expertise to help management teams build exceptional businesses and
generate attractive returns. Since its founding in 1989, Providence has
invested over $36 billion across more than 175 private equity portfolio
companies. With its headquarters in Providence, RI, the firm also has offices
in New York, London, Boston, and Atlanta. Learn more at www.provequity.com.
NexPhase Capital
NexPhase Capital is a
thematically driven and operationally focused lower middle-market private
equity firm that makes control investments in growth-oriented and
capital-efficient companies within three distinct industry verticals:
healthcare, software, and consumer. NexPhase partners with companies that have
reached a growth inflection point and are seeking a value-added partner to help
navigate the company's "next phase." The NexPhase team has extensive industry
and operational experience and NexPhase's partners have invested together for
over a decade. NexPhase has completed over 100 investments, including add-ons,
and targets control equity investments between $40 million and $150 million.
Since inception, NexPhase has raised and managed approximately $2.6 billion of
capital. Learn more at www.nexphase.com.