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Financial Advisor to Task Ray
GLC Advisors Transaction Closing Announcement
in its growth investment by
TaskRay, the leading SaaS-based customer onboarding platform, announced a new growth investment and leadership appointment for the company. This investment is expected to accelerate TaskRay’s market position with additional capital resources to fund growth across go-to-market strategies and product development to continue delivering solutions and value to its customers.
Founded in 2010, TaskRay has been on a growth trajectory driven by the importance of managing work across teams and systems to ensure customers are set up for success. With the impact of digital transformation on business operations and a growing emphasis on the post-sale customer experience, TaskRay is uniquely positioned to help companies optimize their Customer Onboarding processes.
“My co-founders and I have known the team at GLC for many years, initially introduced to them by mentors of ours who were also GLC clients. From the beginning, it was obvious that they had an extraordinary mix of intelligence, wisdom, integrity, and empathy. Over the years they worked to develop a deep understanding of our business, and they became trusted advisors who helped us understand the many factors that needed to align for a successful sale of our company. When the conditions were right, they ran a great process and skillfully leveraged their expertise to lead us to a great outcome. They were patient, thoughtful partners in getting us to the finish line and I’m confident we couldn’t have done it without them. We would recommend them to any business owners evaluating a major capital event.”
– Eric Wu, Co-Founder, TaskRay
| The investment was led by Sharp End Growth Partners, a conglomerate of limited investment partners intent on investing and scaling businesses with strong market positions in growing niche markets. Leading the investment into Sharp End Growth Partners is Pacific Lake Partners and Plexus Capital. |
| GLC Technology Group GLC provides senior-level advice and attention to technology leaders, entrepreneurs, and financial sponsors. GLC’s Technology Group specializes in providing sell-side M&A advisory, buy-side M&A advisory, minority and majority recapitalizations, debt and equity capital raising, and other corporate finance advisory services. The GLC Technology Group has decades of technology M&A and capital markets experience and has closed transactions with leading technology consolidators and technology focused private equity firms representing billions of dollars in aggregate transaction value for its clients. David Bluth / Managing Director David.Bluth@glca.com / 303.479.3855 Adam Haynes / Managing Director Adam.Haynes@glca.com / 303.479.3842 Jim Williams / Managing Director Jim.Williams@glca.com / 303.479.3850 GLC Advisors & Co. GLC Advisors & Co. delivers objective, senior-level expertise to clients through a variety of advisory assignments including: Mergers & Acquisitions, equity and debt capital advisories, restructurings/recapitalizations, fairness opinions, and valuations. Offices are located in New York, San Francisco, and Denver. For more information, visit www.glca.com. GLC Advisors is affiliated with GLC Investment Advisors, an investment firm which provides debt and equity capital for leveraged buyouts, strategic acquisitions, recapitalizations and growth financings for middle market companies. |