Alaris Equity Partners Makes US$59.5M Investment in The Shipyard
August 31, 2023
Alaris Equity Partners (through its subsidiary Alaris Equity Partners USA, Inc.) invested US$59.5 million in marketing agency The Shipyard, comprised of preferred equity and a minority common equity stake, with an additional US$5.5 million tranche contingent on performance. The capital provides a partial liquidity event to existing equity holders and is intended to fuel The Shipyard's growth while preserving management control.
- Buyers
- Alaris Equity Partners Income Trust, Alaris Equity Partners USA, Inc.
- Targets
- The Shipyard, LLC
- Sellers
- Existing equity holders
- Industry
- Marketing & Advertising
- Location
- Ohio, United States
- Transaction Type
- Growth capital
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