Acquisitions for this client have allowed them to grow from a regional company in the southwest to an enviable national platform.
This particular client closed its first add-on acquisition using internal resources from the client and private equity sponsor. The PE sponsor quickly realized that the first acquisition was inefficient and created too many distractions for company management and the PE investment professionals. As a result, JTI was brought in to execute a roll-up strategy.
JTI has closed 10 acquisitions for this client in the first two years of engagement, with several other acquisitions under LOI. We actively manage outreach to prospective targets and all aspects of transaction execution while also assisting the internal integration manager with post-close items. These successful acquisitions have allowed the client to move from a regional company in the southwest to a national platform through significant acquisitions in Texas, Florida, and New York. In turn, the sponsor has deployed almost $200 million of capital through 10 acquisitions and added nearly $30 million of EBITDA to the platform.
