Vidaris acquires PE-backed C2G

Vidaris Inc has acquired Aliso Viejo, California-based C2G International, a provider of claims, dispute, litigation and project advisory services for the construction industry. No financial terms were disclosed. SLATE Partners advised C2G on the transaction. C2G was backed by True West Capital Partners. PRESS RELEASE DENVER – SLATE Partners (SLATE) announced that its Principals advised C2G International, LLC (C2G), a portfolio company of True West Capital Partners, on its sale to a Vidaris, Inc. affiliate, IBA Holdings, LLC, a New York-based engineering and consulting services firm owned by Cortec Group. Founded in 2004 and headquartered in Aliso Viejo, California, C2G has grown to be a premier consulting firm that provides claims, dispute & litigation and project advisory services to the construction industry worldwide. The Company’s veteran management team has worked at several of the most well-known consultancies in the industry, creating an institution with high-touch processes and quality work
that have resulted in loyal relationships with its blue-chip customer base. C2G serves its diverse customer base across a variety of end markets, including infrastructure, institutional, industrial, commercial, and multi-family residential sectors. “The SLATE Team effectively and efficiently managed a highly technical and complex transaction from beginning to end. SLATE created exceptional marketing materials and carefully managed a comprehensive marketing process that yielded multiple attractive offers. After an LOI was signed, SLATE was proactive in managing numerous challenges that arose during the due diligence and final negotiation phases. SLATE worked hard over the holidays to keep the process moving allowing the achievement of an on-time closing resulting in costs savings. The C2G Team was extremely pleased with SLATE’s execution of the transaction, and has no reservations in recommending the SLATE Team to others,” remarked Matt Becica, C2G’s co-founder and Chairman of the Board. Aaron Bachik, co-founder of SLATE Partners added, “The construction industry continues to grow in complexity as a result of evolving technologies, new building products, and public-private funding partnerships, which drives demand for C2G’s technical services. This, in conjunction with the Company’s proven track record and expertise, created strong interest from numerous strategic buyers looking to enter the market and expand their expertise.” C2G was supported in the transaction by its accounting firm, Holthouse Carlin & Van Trigt LLP, and received legal counsel from Rutan & Tucker, LLP. ABOUT SLATE PARTNERS
SLATE Partners is a boutique investment banking firm with the exclusive mission to provide mergers and acquisitions advisory services to building materials and building services companies nationwide. This includes manufacturers, distributors, and producers of both natural and manufactured building materials, as well as building services companies such as architects, engineers, specialty construction, and facilities services providers.

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