Taureau Group advises OwnersEdge, Inc. on new acquisition
QComp Technologies provides robotic packaging systems, material handling systems and automation line integration for clients in a variety of industries throughout the United States and Canada. QComp was founded by Tom Doyle in 1990 and has approximately 35 employees.
Lisa Reardon, president, CEO and chairman of OwnersEdge, will become CEO of QComp and work with Doyle and his executive management team.
OwnersEdge Inc. was formed as an ESOP holding company in January 2015. OwnersEdge now has four 100 percent employee-owned companies–BAYCOM Inc., CC&N, QComp Technologies and TourGuide Solutions–and more than 300 employees. Each of its portfolio companies are 100 percent employee-owned.
“We currently have four companies in our portfolio. Our ultimate goal is to have eight businesses,” said Reardon. “We’re interested in companies that are poised for growth, have a healthy culture and are run by leaders who see the value in an ESOP model.”
The principals of Taureau Group have advised OwnersEdge on two prior business transactions.
About OwnersEdge, Inc.
Based in Brookfield, Wisconsin, OwnersEdge, Inc. is a 100 percent ESOP-owned holding company that strives to invest in and build sustainable businesses throughout the Midwest. The affiliated companies within the OwnersEdge portfolio utilize their industry expertise to drive business growth and create value for stakeholders including customers, communities and the ESOP employee owners. The four companies in its portfolio—BAYCOM Inc., CC&N, QComp Technologies and TourGuide Solutions—provide diverse products and services to a variety of market segments ranging from public safety to construction to manufacturing and attractions. For more information, visit ownersedgeinc.com.
About Taureau Group, LLC
Taureau Group is a full-service boutique investment banking practice that takes privately held, middle-market companies through a complete buy- or sell-side sales process. With a dedicated group of investment banking professionals providing M&A advisory services for business sales and divestitures, acquisitions, management buyouts and recapitalizations, Taureau Group approaches transactions with creativity, a strong sense of urgency and the negotiation skills and expertise critical to complete transactions in the best interests of its clients. Taureau Group’s team has successfully completed hundreds of financial advisory engagements in virtually every industry worth billions of dollars of aggregate transaction value. In addition to a combined 50+ years of investment banking experience, Taureau Group leverages the tax planning and strategy support resources of a large advisory and accounting firm through its affiliation with Schenck SC. For more information, visit taureaugroup.com.
Securities offered through Burch & Company, Inc., member FINRA / SiPC. Burch & Company and Taureau Group are not affiliated entities. Principals of Taureau Group are registered investment banking representatives with Burch & Company.
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