Promontory Point Capital is pleased to announce our most recent client success with Centare Group, Ltd.

Established in 1999, Centare Group is a leading provider of agile training, coaching services, and custom software development to Fortune 1000 clients throughout the United States. With offices in Milwaukee, Madison, and Chicago, Centare provides expert technical resources to companies seeking to grow their enterprise, mobile, and cloud-computing e-business markets. PPC was introduced to the owners of Centare by the Company’s outside legal counsel during 2012 and was engaged shortly thereafter to explore strategic alternatives for the business. The engagement strategy designed and executed by PPC included a targeted audience of strategic parties encompassing software companies and business services enterprises, as well as a group of private equity firms with deep industry experience in software and business services. PPC’s engagement approach resulted in multiple options for the owners to consider, and after considering their alternatives, a transaction involving Chicago-based Hadley Capital proved to be the optimal choice for the selling shareholders. In addition to satisfying the owners’ economic objectives, the transaction with a private equity firm allowed the Company’s senior management to become part of a new ownership group, while also keeping Centare as an independent privately-owned entity.

"Thank you for helping us achieve our financial goals and finding a buyer that is allowing the company to remain largely unchanged."

Dave & Becky Glyzewski
Founders
Centare Group, Ltd.

 
Promontory Point Capital
is a Milwaukee-based investment banking boutique focused on the needs of Midwestern privately-held businesses. Since being formed in 2004, our firm has helped over 80 companies explore financial and strategic alternatives for their business including the arrangement of debt and equity financing, the evaluation of business sale or recapitalization options, or the planning and execution of growth strategies involving acquisition, merger, or joint venture.

Situations where we have been helpful include:
  • Business owners and management teams wishing to better understand their options for exploring a full or partial sale of their business, a shareholder recapitalization, or the acquisition of another entity.
     
  • Financing needs encompassing bank financing, subordinated debt, and/or equity capital ranging from $5MM to $100MM to fund activities such as internal growth, expansion, shareholder redemptions, some level of senior debt repayment, or acquisitions.

We welcome your confidential inquiry and encourage you to visit our website at www.promontorypointcapital.com for more information on our firm's capabilities and other client successes.
 

 

Chris Riegg
Partner
[email protected]

 

Bill Penkwitz
Partner
[email protected]

 

Steve Mayer
Partner
[email protected]

 


322 East Michigan Street, Suite 500
Milwaukee, WI 53202
414-225-0484