Private Equity & Venture Capital
Liberty offers a wide-range of Private Equity Opportunities. Liberty’s Private Equity practice is focused on relationships. Through its vast network of relationships with CEOs, Executives, Investors, and Professional Service Providers, Liberty has tremendous deal flow which it leverages into select Private Equity investments.
Strategic Focus
Buyouts
Liberty’s buyout practice is centered on established companies that are profitable and have significant growth potential. Liberty avoids scenarios where deals are shopped to wide audiences, instead choosing to focus on opportunities with entrepreneurs or intermediaries who are introduced via the Liberty network of professional relationships. While Liberty’s investment is in the $2 to $10 million range for most deals, Liberty will often enter into larger transactions by syndicating the remainder of the equity.
Growth Equity
Liberty’s growth equity practice is focused on helping to accelerate growth opportunities in both technology and non-technology enterprises. As in the buyout practice, Liberty’s typical investment is in the $2 to $10 million range for growth equity opportunities, and Liberty looks to partner with entrepreneurs or intermediaries who are closely tied to the Liberty network.
Liberty also makes select investments in mid-sized business service companies. In all cases, Liberty looks for experienced and motivated entrepreneurs who can grow a profitable business through a combination of internal growth and acquisitions. Often, these businesses are synergistic with other Liberty companies. Liberty takes an active role in these investments, helping to establish and grow the businesses.
Venture Capital
Liberty’s practice in this area is centered on start-up companies. Often Liberty is involved in founding a company, working with the entrepreneur to develop the business plan, finance the company, and build the team. In other cases, Liberty enters a deal in a later stage (Series B or C), particularly when there is a strategic or relationship overlap with Liberty or one of Liberty’s other initiatives in any of its businesses. Liberty’s average deal size is $500,000 to $3 million in early stage companies, but often Liberty enters into larger transactions syndicating the remainder of the investment.
Current Portfolio
Asure Software
Asure’s comprehensive suite of software enables organizations to dramatically simplify administrative tasks and thereby enhance workforce productivity. Asure’s suite includes products to optimize workforce time and attendance tracking, benefits enrollment and tracking, pay stubs and W2 documentation, expense management, meeting and event management, and asset tracking.
http://www.asuresoftware.com/
Global Asset Alternatives, LLC
Global Asset Alternatives, LLC (GAA) is a premier provider of real estate investment and advisory services to more than 50 institutional and individual clients. Founded in Atlanta in 2001, GAA’s strategy is to offer superior investment results by providing access to carefully selected real estate investment opportunities. GAA presently controls over $300 million worth of real estate investment projects. The GAA Team is comprised of experienced full-time professionals, support staff, and multiple strategic partners.
GAA’s investment thesis centers on value creation opportunities where most others see insurmountable problems. With a focus on the Southern United States, GAA seeks opportunistic real estate investment projects across all property types with well-defined risk parameters and exit strategies.
Liberty Capital Ventures
Liberty Capital Ventures (LCV) is a lead investor in early-stage companies based upon profound intellectual property. Two managing partners who drove FA Technology Ventures’ (FATV) success across two portfolios are now joined by a James S. Gladney to form LCV. FATV’s two portfolios delivered strong returns, backed important and enduring companies and had a high degree of differentiation from other venture funds. LCV will follow FATV’s proven investment strategy.
http://libertycapitalventures.com
Narragansett Beer
Founded in 1890, Narragansett Beer was one of the most popular brands in New England. After being bought by Falstaff Brewing Company in 1965, it closed in 1981. Despite this setback, the well-loved brand was destined to make its comeback. In early 2005, lifelong Rhode Islander Mark Hellendrung, along with a group of New England investors, purchased the rights to Narragansett Beer from Falstaff. Former Brewmaster Bill Anderson was brought on board to ensure the authenticity of the brew. Today, Narragansett Beer is quickly regaining popularity all across New England.
http://www.narragansettbeer.com/
Remotely
Remotely.com is a smart home and building automation platform built specifically for the rental industry. Residents and Managers can control their entire apartment via their smartphone; they are able to remotely control locks, lights, thermostats, and more.
http://remotely.com/
Previous Portfolio
All Seasons Services, Inc.
Founded in 1986, All Season Services Inc. was a provider of dining, vending, and office refreshment services. Located in Canton, MA, the company served professional service firms, schools and universities, healthcare institutions, manufacturing companies, government agencies, and corrections facilities.
Armstrong Franklin
Armstrong Franklin achieves exceptional results for clients through retained executive search.
ASP
The leading fire, safety and specialty product supplier in New England. ASP is the premiere source for fire extinguisher accessories, cleaning products, toilet and bath accessories, janitorial supplies, safety products and more.
ConnectEDU
ConnectEDU is the nation’s leading technology firm dedicated to providing students, educators, and employers with comprehensive solutions to successfully navigate both education and employment transitions. ConnectEDU’s mission is to democratize access to higher education and career opportunities for all students by providing them with the information, resources, and collective bargaining power required to realize successful life-transitions.
Dynadec
Dynadec’s world renowned optimization experts work with clients to build systems that optimize mission critical business decisions. If an organization’s success is dependent upon dynamic routing, scheduling, matching, and sequencing, Dynadec can help. Comet™, Dynadec’s hybrid optimization environment, is ideally suited for complexity, variability, and uncertainty. Whether you are responsible for meeting demanding service level commitments or attempting to minimize operational costs, Comet based solutions are designed to ensure that performance goals are met.
Finale
We create sensational dessert experiences at Finale. You may be wondering, what exactly does that mean? Well, we use the best ingredients, like Valrhona chocolate and Tahitian vanilla beans, to make the most delicious desserts you’ve ever tasted. They are also the most beautiful desserts you’ve ever seen because we treat them like jewels, like works of art. Finale is the place where it’s okay to indulge – where splurging is endorsed. When you come in, don’t be surprised if you’re left feeling pampered because a Finale dessert experience is truly sensational in every sense of the word.
GCA Services Group, Inc.
GCA Services Group, Inc. was founded in 2003 by a group of entrepreneurs and private equity firms and became one of the leading national providers of facilities management services in the United States. GCA’s facility services include janitorial / custodial services, contamination control for cleanroom manufacturing, facilities maintenance, grounds management, in-sourced production staffing, labor management, and more. GCA holds numerous Fortune 500 companies as clients and provides for a variety of industries, including higher education, K-12 schools, manufacturing, nuclear power, aviation, bio-pharmaceutical, and more.
http://www.gcaservices.com/
Heartlab Inc.
Heartlab Inc, a leading designer and supplier of image and information networks for cardiology, was co-founded in 1994 by graduates of the University of Rhode Island. By meeting a need to shift from analog to digital in cardiology imaging, Heartlab became one of America’s fastest growing private companies and was ranked #453 on the Inc 500 list in 2003. Agfa acquired Heartlab in 2005 for $132.5 million.
Impact
At Impact, our mission is to provide quality cleaning, maintenance, and safety supplies at competitive prices while using a team environment to offer superior customer service. We continually strive to maintain our motto “The Friendly, Flexible Company” with the best in people, processes, and products. Impact is committed to learning and implementing practices for a greener tomorrow. Through research and strategic sourcing, we are adding items to our line that help our customers reduce their carbon footprint and work towards a greener world.
http://www.impact-products.com/index.html
Liberty Staffing
Liberty Staffing provides a wide range of personnel and staffing services to employers throughout the Northeast.
Liberty Tire Recycling
Liberty Tire Recycling is the premier provider of tire recycling services in the United States. By reclaiming more than 33 percent of the nation’s discarded tires, Liberty Tire annually transforms more than 110 million tires into raw materials for smart, sustainable products that improve people’s lives.
http://www.libertytire.com
Liberty Wealth Advisors
Liberty Wealth Advisors is an independent financial planning and Investment management company based in Overland Park, KS offering Investment Management, Financial Planning, Retirement Planning, Estate & Legacy Planning, and Tax Strategies for individuals and businesses nationally.
http://www.libertywealthadvisors.com
Meyer Material
In its main market across Chicago’s northern and western suburbs, Meyer Material reported sales of about $190 million on shipments of 1.7 million yards of ready mixed, 5 million square meters of paving stone and segmental retaining wall unit equivalents, and 5 million tons of aggregates. In June 2006, Aggregate Industries bought Meyer Material for $231 million.
Spada Media
Spada Media is a full-service, marketing communications firm that ignites an energy and creativity into marketing campaigns and creates innovative brand identities. It’s portfolio includes award-winning, multi-media campaigns, brand identity, print design, major publication creation, event marketing, grant writing, social and interactive media, and public relations.
http://www.spadamedia.com/
Windward Petroleum
Windward Petroleum is in the lubricants industry, distributing a myriad of products to customers and supplier partners. Larry Robinette is the CEO of Windward Petroleum with former successes in both venture capital portfolio companies and divisions of Fortune 100 companies. CFO Stephen Eldred brings valuable knowledge of the profit and cost drives in the lubricants distribution industry and contributes to the development of business strategy and action plans.