Sale to Graham Partners

Technology & Services
Sale to Graham Partners

Summary

Baird served as exclusive financial advisor to Grant Victor, LLC on this transaction

About

OptConnect, LLC (“OptConnect” or the “Company”), a subsidiary of Grant Victor, LLC (“Grant Victor”), a portfolio company of Endeavour Capital, recently completed its sale to private equity firm Graham Partners.

Founded in 2009, OptConnect provides managed wireless IoT solutions for unattended revenue generating equipment. The company has expanded its long-standing leading position in the ATM industry by entering new high-growth markets such as digital signage, smart vending, transactional kiosks and industrial and energy management, among others. OptConnect facilitates more than 151 million transactions annually on more than 80,000 devices transmitting over 10TB of data per month. OptConnect is based in Kaysville, Utah.

Grant Victor, through its subsidiaries, is the foremost retail-style ATM service and solutions provider in North America. The Grant Victor family of companies facilitates access and convenience to cash in the consumer marketplace. Grant Victor is based in Kaysville, Utah.

Endeavour Capital invests in exceptional service, technology and manufacturing companies across all stages of their lifecycle. With offices in Portland, Seattle, Denver and Los Angeles, Endeavour seeks to partner with family or founder owned companies and exceptional management teams based in the western United States. Endeavour Capital is based in Portland, Oregon.

Graham Partners is a private equity firm that has raised over $2 billion in commitments since inception to finance the expansion, recapitalization or acquisition of growth companies with manufacturing know-how, proprietary technologies and innovative solutions. Graham Partners invests in companies that drive industry transformations, conversions to higher performing raw materials and applied technologies. Graham Partners targets investments of $25 million to $100 million. Graham Partners is based in Newtown Square, Pennsylvania.
CONTACT US TO LEARN MORE
Technology & Services
Sale to Graham Partners
Date
December 2017
Company
OptConnect, LLC
Transaction
M&A
Sectors
Technology & Services
Target Location
North America
Acquiror Location
North America

Share