GC Companies

GC Companies logo

Company Background:

GC Companies (“GCC”) is a diversified investment firm whose objective is, among other things, to drive long-term value for its investors, companies, shareholders, people and community by striving to build companies better with its wealth of industry expertise. Founded in 2009, GCC is a control-based investor with significant track record of investments in many sectors, including food manufacturing and food service distribution, and government contracting and specialized infrastructure markets in the U.S. and foreign countries. AVANTech is an engineering, design and fabrication firm specializing in nuclear wastewater treatment. Founded in 1999, the Company services a diverse customer base including the US Federal government, commercial utilities and – in certain instances, industrial customers.

Services Provided:

Acquisition Services

Situation

Candlewood Partners served as exclusive investment bank and advisor to The GC Companies (“GCC”) in its acquisition of AVANTech, Inc., an innovative provider of nuclear waste water treatment solutions for the US Department of Energy, the commercial nuclear utility market and other industrial end users.

Transaction Overview

Candlewood’s turnkey acquisition support team assisted GCC in closing the acquisition, including underwriting and financial modeling, diligence review and evaluation, and document negotiation.  Candlewood ultimately secured $65M in committed senior debt financing.

Post-closing, Candlewood will continue to support GCC, the Board of Directors and senior management.

Candlewood Partners, LLC

Established 2001

Cleveland Office: (216) 472-6660

600 Superior Ave. East, Suite 1800

Cleveland, OH 44114

New York Office: (212) 655-9310

477 Madison Avenue, Suite 600

New York, 10022

Securities offered through Candlewood Securities LLC, Member FINRA, Member SIPC and the affiliated broker-dealer of Candlewood Partners LLC. Broker Check

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