Concord Ventures is pleased to announce the sale of Entellects,  Inc, Rolling Meadows, Illinois, to a private investor.

Representing the seller, Concord Ventures initiated and negotiated the transaction and arranged financing as well.

Entellects is an IT staffing company with clients nationwide. Founded in 2005, it employs over 50 people. Its contractors provide cloud solutions, mobile applications, custom-built applications, enterprise portals, e-commerce solutions, and more.

Concord Ventures is a Bellevue-based boutique investment-banking firm specializing in mergers, acquisitions, re-capitalizations, and valuations of established companies. The primary focus of the firm is companies with valuations between $3,000,000 to $250,000,000 in manufacturing, service, and distribution.

Local business paper the Puget Sound Business Journal quoted our Principal in an article describing the hows and whys of diminishing local ownership of aerospace suppliers.

Concord Ventures sold three aerospace suppliers to a single private equity firm in a rollup sale.

See the article about this sale in The Puget Sound Business Journal,  March 20, 2015

Bellevue, WA, February 24, 2015 Concord Ventures is pleased to announce the sale of Evergreen Sign, Kent, WA, to United Reprographics, Inc., Seattle, WA.

Representing the seller, Concord Ventures initiated and negotiated the transaction.

Founded in 1982, Evergreen Sign is a well-established, nicely diversified, and profitable signage company. The company offers a complete range of sign services, including installation, together with up-to-date equipment and experienced staff.

Concord Ventures is a Bellevue-based boutique investment-banking firm specializing in mergers, acquisitions, re-capitalizations, and valuations of established companies. The primary focus of the firm is companies with valuations between $3,000,000 to $250,000,000 in manufacturing, service, and distribution.

PSBJ Reporter Steve Wilhelm quoted our Principal Salim Dada in an article on the increasing number of mergers and acquisitions among aerospace suppliers.

Our Principal Salim Dada was quoted in a Puget Sound Business Journal article featuring an interview with Boeing President Muilenburg about the Boeing supplier partnership program.

PSBJ reporter Steve Wilhelm quoted our Principal Salim Dada in an article about Boeing’s supplier partnership program that included extensive quotes from Boeing President Dennis Muilenburg.

Concord Ventures sold aerospace supplier Blue Streak Finishers, of Everett, WA, to a private equity firm in Dallas, TX.

See the article about the Blue Streak Finishers sale in the Puget Sound Business Journal, Sept. 19, 2014

Bellevue, WA, September 10, 2014 Concord Ventures is pleased to announce the close of a rollup of three aerospace machining and fabrication companies to Jefferson Capital Partners of Mandeville, LA.

The companies were Polaris Machining and Quality Manufacturing, Inc., both of Marysville, WA, and Vector Industries of Everett, WA. The three companies have been merged into a new holding company, Integrated Aerospace Manufacturing, LLC.

The new company is managed by Michael Bontatibus, former owner of Polaris Machining, and Colm Plunkett, former CFO of Klune Industries, a California aerospace company.

Polaris Machining has extensive milling capability, Quality Manufacturing is noted for close-tolerance turning, and Vector Industries has significant capability in sheet metal fabrication.  All three companies are located in Snohomish County where the Boeing 787 plant is also situated.

A rollup is a highly complex transaction involving multiple negotiations. Concord Ventures negotiated the transactions while acting as the sellers’ advisor. Jefferson Capital provides direct flexible mezzanine capital solutions to lower middle-market companies in a range of industries, including energy services, healthcare, industrial products, business services, wholesale/distribution, and manufacturing.

Concord Ventures is a Bellevue-based boutique investment-banking firm specializing in mergers, acquisitions, re-capitalizations, and valuations of established companies. The primary focus of the firm is companies with valuations between $3,000,000 to $250,000,000 in manufacturing, service, and distribution.

Bellevue, WA, September, 2014 Concord Ventures is pleased to announce the sale of Blue Streak Finishers, of Everett, WA, to Trive Capital of Dallas, TX .

One of the largest metal finishing companies in this region, Blue Streak specializes in finishing aerospace parts for Boeing.

Our local business newspaper, the Puget Sound Business Journal, wrote a feature on the sale as part of their continued coverage of the aerospace industry here. See the article here.

Owner Jack Giddens founded Blue Streak in 1981.

Concord Ventures is a Bellevue-based boutique investment-banking firm specializing in mergers, acquisitions, re-capitalizations, and valuations of established companies. The primary focus of the firm is companies with valuations between $3,000,000 to $250,000,000 in manufacturing, service, and distribution.