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.
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.
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
