CriticalPoint is pleased to announce that Westcoast Gate & Entry Systems, Inc. (“Westcoast Gate”), a premier provider of high-end gate installation and repair services, has been acquired by Crescendo Capital Partners and Kian Capital Partners. CriticalPoint represented Westcoast Gate as its exclusive sell-side advisor and managed all aspects of the transaction.
Westcoast Gate was founded in 1998 by Gary Ovsiowitz to provide high-end gate services to the city of Los Angeles. Today, Westcoast Gate delivers superior customer service and caters to a clientele that deeply values home and building security. Due to the company’s commitment of providing reliable service on a 24/7 basis, it boasts a customer base of nearly 10,000 families since inception.
Mr. Ovsiowitz expressed his enthusiasm to partner with sophisticated investors to continue the growth of Westcoast Gate. “Crescendo and Kian have the appropriate vision for expanding the reach of our business so that we can deliver our superior services to additional customers. I also want to thank the CriticalPoint team for providing invaluable advice and keeping the process on track to a successful closing. The team proved supremely adept at navigating through sometimes challenging hurdles while exceeding my expectations on value.”
About Kian Capital Partners
With offices in Atlanta, GA and Charlotte, NC, Kian Capital is a private investment firm with $150 million of capital under management. Kian Capital is a relationship-oriented partner that works closely with business owners, management teams, independent sponsors and private equity firms to provide flexible capital solutions to lower middle-market companies. To learn more, please visit www.kiancapital.com.
About Crescendo Capital Partners
Crescendo Capital Partners is a private equity firm based in Los Angeles. Crescendo is primarily focused on middle-market change-of-control transactions, typically with enterprise values from $10 million to $100 million. Crescendo was formed in late 2005, and is led by CL Turner, III, a seasoned investment professional who has deployed capital on behalf of Bank One Capital, Orix/Houlihan Lokey and two investment vehicles. Crescendo has 5 portfolio companies in a variety of sectors; as with Westcoast Gates, Crescendo often brings Crescendo operating executives to its portfolio companies. To learn more about Crescendo Capital Partners, please visit www.crescendocap.com.
About CriticalPoint
Headquartered in Los Angeles, CriticalPoint is a leading full-service financial M&A firm that uniquely combines the best of investment banking, private capital, and valuation service offerings. CriticalPoint executes, sources, and invests in deals across a wide variety of industries for the traditionally underserved middle market. Since our founding in 2012, our mission has been to serve the needs of owners, entrepreneurs, management teams, and stakeholders with our experience, knowledge, and expert judgment, to help them realize their companies’ greatest potential. From our deep-rooted foundation in private equity and investment banking, and our devotion to deal origination and business development, combined with being entrepreneurs at heart, we believe we are differentiated and well positioned to help companies wherever they are in their life cycle.
