Forj

Private | Recapitalization and Growth Equity Financing | GCI

Leading virtual events and member experience platform for associations and professional community organizations.

Case

Delancey Street Partners is pleased to announce that we served as exclusive financial advisor to Forj (or the “Company”) on its recapitalization and growth equity financing with Gary Comer Inc. (“GCI”). Delancey Street facilitated key introductions and negotiated the terms of the transaction.

November 2020
Forj
Recapitalization and Growth Equity Financing with GCI
Sector: Business Services – Human Capital Technology
Delancey Street Partners served as the exclusive financial advisor to Forj

Delancey Street Partners is pleased to announce that we served as exclusive financial advisor to Forj (or the “Company”) on its recapitalization and growth equity financing with Gary Comer Inc. (“GCI”). Delancey Street facilitated key introductions and negotiated the terms of the transaction.

About

November 2020
Forj
Recapitalization and Growth Equity Financing with GCI
Sector: Business Services – Human Capital Technology
Delancey Street Partners served as the exclusive financial advisor to Forj

Situation

Forj is a leading virtual events and member experience platform for associations and professional community organizations. Developed over several years and market proven through the success of hundreds of virtual events, its solution delivers an unparalleled, personalized experience for attendees, sponsors, and event organizers. Forj’s customizable platform is easily tailored to the unique requirements of each event and is backed by proven best practices and high-touch service from its client success team.

SaaS industry veteran CEO and founder of Montage (n.k.a Modern Hire), Kurt Heikkinen, leads the Milwaukee, WI based Forj.

GCI is a family-funded private equity firm. Formed in 1986 by the late Gary Comer, founder of the renowned Lands’ End Inc. Today, GCI continues to grow and thrive through the leadership of Bill Schleicher. GCI is committed to fostering sustainable, mutually rewarding partnerships with passionate people who lead innovative companies. GCI is dedicated to providing patient capital, vital central-office resources, and ongoing strategic business expertise. With this support system, GCI relieves its companies from near-term pressures and gives them the tools to focus on long-term substantive outcomes that impact all stakeholders, including management, their employees, and the community.

Delancey Street Partners is an independent, industry-focused investment bank. We serve CEOs, Entrepreneurs, Shareholders and Boards of Directors of high growth and middle market private and public companies. Our services include strategic advisory, capital raising and independent board advice. We advise on sell-side and buy-side M&A, growth capital financings and recapitalizations. Our focus sectors include Healthcare, Business & Technology Services, Industrial & Industrial Technology, and Infrastructure. We form long-term partnerships with our clients and commit to managing each engagement with senior professionals who bring years of experience and insight.

Result

The transaction was completed November 25, 2020.

The principals of Delancey Street Partners have significant experience serving the Business Services & Technology industries

For additional information about this transaction, please contact:

Additional

Information

The transaction was completed November 25, 2020.

The principals of Delancey Street Partners have significant experience serving the Business Services & Technology industries

For additional information about this transaction, please contact:

William J. Filip

Managing Director Phone: (484) 533 – 6312

William J. Filip

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