Transaction
Quality Assurance Services, Inc.
Transaction Details
Client:
Quality Assurance Services, Inc.
Location:
Industry:
Buyer:
Transaction Type:
Capital Advisory
Close Date:
Situation
Quality Assurance Services, Inc. (“QAS”) is a leading provider of quality assurance and outsourced solutions, including sorting and inspection services, to manufacturers of parts and components in the automotive industry.
Objective
Matrix was engaged by the owners of QAS to transition ownership and management of its business to an independent third party, while also providing partial liquidity for the current owners of the business via a capital raise.
Solution
Matrix prepared extensive offering materials, including a dynamic operating model, and approached a broad audience of relevant capital providers.
Despite the complicated nature of the transaction structure, Matrix was able to market the positive attributes of the overall business and soon-to-be CEO and received interest from a number of reputable, funded junior capital providers.
Completed a management and ownership transition under largely the same structure outlined in the original proposal.