Situation
Advantor is a leading global designer, manufacturer and integrator of physical security systems with extensive experience securing high profile government, Department of Defense and commercial organizations. Their primary business provides security solutions to identify and manage threats to critical infrastructures. Advantor has over 1,000 systems deployed worldwide.

Objective
Matrix was retained on an exclusive basis to assist Advantor in identifying a strong financial partner to provide a minority investment to support the retirement of existing subordinated debt, a dividend to the existing shareholders and to provide growth capital for the Company.

Solution
Matrix conducted a targeted sale process with a select group of private equity funds that could expeditiously consummate a recapitalization transaction at maximum value.

Ultimately, a transaction was structured with McCarthy Capital, a $500 million private equity fund based in Omaha, NE with offices in Denver and Boston. This provided a flexible capital structure to support continued growth.