GLC ADVISORS & CO., LLC SERVED AS THE EXCLUSIVE FINANCIAL ADVISOR TO Elmdale Partners

GLC Advisors & Co.

Elmdale Partners ("Elmdale"), a leading integrated B2C residential services platform in brokerage, title & settlement, and property & casualty insurance, has closed a recapitalization and growth capital investment by Stellus Capital Management, LLC ("Stellus"), a Houston-based private equity firm and publicly traded BDC.

Elmdale Partners has closed over 40 acquisitions to date and the growth investment by Stellus will allow Elmdale to accelerate growth in current and new markets through M&A opportunities. In addition, the investment will enable technology upgrades to support Elmdale's CENTURY 21 franchise network of independent agents and also refinance existing debt. The new partnership combines Elmdale’s deep industry expertise, uniquely integrated platform, and growth-oriented culture with Stellus’ successful track record of supporting middle market businesses during key periods of growth.

"GLC was a phenomenal advisor throughout the transaction process, offering great advice while always anticipating and solving challenges before they came to fruition. During the entire transaction, GLC worked assiduously to ensure we were getting the best outcome available for our team, ultimately yielding a result that exceeded our expectations in finding the perfect capital partner that understood our culture, story, and growth opportunity." - Tom Bretz, CEO and Co-Founder, Elmdale Partners

Elmdale Partners offers residential property brokerage, title & settlement, and property & casualty insurance and brokerage services to home buyers and sellers. Elmdale Partners also operates one of the largest CENTURY 21 network franchises in the nation, with over 1,400 agents and 45 branded offices across Illinois, Indiana, and Florida. Elmdale Partners has recently been recognized as one of Chicagoland’s 50 fastest growing companies and as one of Chicagoland’s largest privately held companies by Crain’s Chicago Business.

Elmdale Partners received board consulting advisory from Kona Advisors, LLC in connection with the transaction.

 

GLC Business Services & Diversified Industries Group 

GLC's Business Services and Diversified Industries Team is exclusively focused on advising business services and industrials clients in the Middle Market. Our team's advisory work includes M&A (sell-side and buy-side), financing/debt advisories, recapitalizations, fairness opinions, and valuations. We excel working with founders and owner-operators. Our team is passionate about the businesses and people that hire us to advise in their strategic decisions and events.

Michael D. Richter  /  Managing Director  /  Michael.Richter@glca.com  /  303.479.3844

Adam C. Fiedor  /  Managing Director  /  Adam.Fiedor@glca.com  /  303.479.3845
Michael P. Fleschner  /  Vice President /  Michael.Fleschner@glca.com  /  303.479.3846

Michael D. Armbruster/ Associate /  Michael.Armbruster@glca.com  /  303.479.3851


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GLC Advisors & CO.
GLC Advisors & Co. delivers objective, senior-level expertise to clients through a variety of advisory assignments including: M&A, financing/debt advisories, restructurings/recapitalizations, fairness opinions, and valuations. Offices are located in New York, San Francisco, and Denver.  

GLC Advisors is affiliated with GLC Investment Advisors, an investment firm that provides debt and equity capital for leveraged buyouts, strategic acquisitions, recapitalizations and growth financings for middle market companies. 


Securities offered through GLCA Securities LLC, Member FINRA, SIPC


© 2021 GLC.  All rights reserved.  This material may not be reproduced in any format by any means or redistributed without the prior written consent of GLC.  GLC gathers its data from sources it considers reliable; however, it does not guarantee the accuracy or completeness of the information within this presentation. This material has been prepared solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. No investment, divestment or other financial decisions or actions should be based solely on the information in this presentation and GLC is not, by making this report available, providing investment, legal, tax, financial, accounting or other advice to you or any other party. The testimonial herein may not be representative of the experience of other clients. The testimonial is not indicative of future performance or success.GLC may from time to time provide investment banking or related services to companies referenced in this presentation.