Posted by: smithalex1
in Economy on Feb 13, 2012
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Bertram Capital announced that Author Solutions, Inc. has sold Inkubook, an online personal photobook publishing service to Snap MyLife, Inc. Inkubook was developed by Author Solutions, Inc., the world's leading provider of self-publishing services and a portfolio company of Bertram Capital.
"We are pleased to have found a strategic partner with a specific focus on the photobook market who could better maximize the potential of Inkubook, as we focus on continuing to grow the core self-publishing business at Author Solutions, " said Jared Ruger, Partner at Bertram Capital. "Pat Crocker and the MidSpan team did an exceptional job of finding the perfect buyer for Inkubook. Midspan successfully delivered the right results for us and we greatly appreciate their work on our behalf."
Bertram Capital unique business building approach includes investing in new technology initiatives to expand portfolio company growth opportunities. Inkubook was an internally incubated new product offering that leveraged Author Solutions’ core publishing expertise to participate in the fast growing personal photobook segment. While Inkubook ultimately proved to be a non-core asset for AuthorSolutions, the acquisition further enhances Snap MyLife's vision of creating a comprehensive suite of user-generated content applications and photo-centric cloud-services for consumers. As part of the transaction, Snap MyLife will retain the current Inkubook team based in Indianapolis, with plans to further expand the location as a core R&D center for its consumer cloud-service applications.
Posted by: smithalex1
in Economy on Feb 8, 2012
Jeff Drazan Bertram Capital was recognized as a top performing buyout fund in a January 17, 2011 PitchBook Data, Inc. analysis of 2006 Vintage U.S. Buyout Funds with Commercial Products Investments. Of the 46 funds analyzed, Bertram Growth Capital I (“BGC-1”) ranked number four overall in IRR, representing top deciles performance in relation to its peers. PitchBook is an independent and impartial research firm dedicated to providing premium data, news and analysis to the private equity industry.
“We appreciate the recognition from Pitchbook, which highlights the Bertram Capital team’s dedication to achieving our investment goals,” said Jeff Drazan, Managing Partner. “We have strived to distinguish our firm in the private equity community by combining venture capital operating methodologies with private equity financial discipline. Our concentrated buy and build approach allows us to focus the full attention and resources of our diverse team on each of our portfolio company investments.”
Bertram targets control investments in middle-market business services, consumer, healthcare and industrial companies with $30-$150M in revenue and seeks to transform them into market leaders through strategic acquisitions, operational improvement initiatives and aggressive business development efforts. The firm is currently investing out of its $500M second fund, Bertram Growth Capital II, which closed in September 2010. Investors in Bertram Capital funds include major financial institutions, funds of funds, university endowments, charitable foundations, corporate pension funds, state pension funds and sovereign wealth funds spanning the globe.“We have been very active on the investment front, completing four new platform acquisitions and five follow-on investments since August 2010 and are actively looking for new investment opportunities.”
Posted by: smithalex1
in Default Category on Jan 19, 2012
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Procon/Enfotrace Transaction Awarded Professional Services Deal of the Year from The M&A Advisor
Bertram Capital is pleased to announce that their February 2011 acquisition of Procon/Enfotrace was selected as a winner of the Professional Services (B-to-B) Deal of the Year at the 10th Annual M&A Advisor Awards. Bertram Capital, a private equity firm based in San Mateo, CA and founded by Jeff Drazan was recognized at the Gala ceremony on December 13th at the New York Athletic Club. Since 1998, The M&A Advisor has been facilitating connections between and recognizing achievements of leading mergers and acquisitions, financing and turnaround professionals around the world.
“Bertram Capital represents the best of the M&A industry in 2011 and earned these honors by standing out in a group of very impressive finalists,” said Roger Aguinaldo, CEO and Founder of The M&A Advisor. Bertram’s transaction was chosen from 389 nominations and over 500 participating companies to receive their award. An independent body of expert judges that span the M&A industry determined the ultimate recipients of the awards.
Posted by: smithalex1
in Default Category on Jan 11, 2012
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Procon/Enfotrace Transaction Awarded Professional Services Deal of the Year and Information Technology Deal of the Year
Bertram Capital is pleased to announce that their February 2011 acquisition of Procon/Enfotrace was selected as a winner of both the Professional Services (B-to-B) Deal of the Year and Information Technology Deal of the Year (for transactions under $100 million) at the 10th Annual M&A Advisor Awards. Bertram Capital was recognized at the Awards Gala that took place on December 13th at the New York Athletic Club. Since 1998, The M&A Advisor has been facilitating connections between and recognizing achievements of leading mergers and acquisitions, financing and turnaround professionals around the world.
“Bertram Capital, with their acquisition of Procon/Enfotrace was one of a select few firms receiving multiple awards, standing out amongst an impressive peer group of middle-market private equity investors,” said Roger Aguinaldo, CEO and Founder of The M&A Advisor. “With over 389 finalists, the competition was formidable. Bertram Capital clearly demonstrated how their unique transactional capabilities enable them to close highly complex and compelling deals.”
Posted by: smithalex1
in Performance on Dec 30, 2011
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Power Distribution, Inc. (PDI), a leading provider of mission-critical power distribution equipment for data centers, alternative energy, industrial, and commercial power markets, and former portfolio company of Bertram Capital, recently announced it ranked Number 300 on Deloitte's Technology Fast 500™ ranking of the 500 fastest growing companies in North America.
“Bertram Capital is proud to have sponsored the team at PDI that produced these outstanding results,” said Jeff Drazan, Managing Partner at Bertram Capital. “A significant contributor to PDI achieving this recognition was Bertram Capital’s guidance to invest in key business initiatives rather than simply cut costs during the 2009 downturn. The joint efforts of the PDI and Bertram teams played prominently in the company's recent performance.”
