CSG Partners Closes ESOP Transaction for Triple Canopy, Inc.

CSG Partners Closes ESOP Transaction for Triple Canopy, Inc.

PR Newswire

NEW YORK, Feb. 26, 2014 /PRNewswire/ — CSG Partners, LLC, the New York-based boutique investment bank, served as the exclusive financial advisor to Triple Canopy, Inc. on its recent transition to becoming 100% owned by its Employee Stock Ownership Plan (ESOP).

Triple Canopy is a global provider of mission support, security, training and advisory services. More than 80 percent of Triple Canopy’s workforce is made up of former military personnel. The company excels at delivering complete program management solutions to help clients achieve critical mission objectives in challenging locations worldwide.

George Thacker III, a Managing Director who led the transaction team at CSG Partners, commented: “It was a privilege working with Triple Canopy and helping them meet their long-term objectives as a company. The ESOP is a strategic liquidity structure for shareholders that also provides exceptional benefits to employees and positions the company for long term success.”

“This is an exciting time for Triple Canopy and we are proud to become a majority veteran, employee-owned company,” said Triple Canopy CEO Ignacio Balderas. “Delivering quality services to governments and multinational companies in challenging locations remains the mainstay of our business success.”

Triple Canopy’s new ESOP retirement structure will enable employees to share in the company’s growth and success by earning shares in the business. According to Balderas, “Building an ownership culture with our newly established ESOP will strengthen our employee base and enhance the retention of experienced personnel worldwide. I cannot think of a better way to drive quality across an organization than to give employees ownership of the company and let them directly participate in its growth and success.”

CSG Partners worked closing with Greenberg Traurig LLP which served as company counsel to Triple Canopy. The legal team was led by shareholders Scott Meza, Tim Jessell, and Marc Baluda.

ABOUT TRIPLE CANOPY

Triple Canopy is a leading provider of mission support, security, training and advisory services to government agencies and multinational corporations across a range of market sectors and geographies. The company excels at delivering complete program management solutions to help clients achieve critical mission objectives in challenging locations worldwide. From logistics and life support to personal protection and training, clients rely on Triple Canopy to mitigate risk and ensure business continuity. Triple Canopy is ISO 9001:2008 certified and a founding signatory of the International Code of Conduct. Visit www.triplecanopy.com.

ABOUT CSG PARTNERS

CSG Partners, LLC is a boutique investment bank specializing in ESOPs, mergers and acquisitions, and capital advisory services for middle-market companies. Our clients have spanned the full middle-market spectrum, with values ranging from $10 million to $600 million. Founded in 2001, the firm has built a reputation of having the nation’s preeminent ESOP investment banking practice. The firm has closed over 140 ESOP transactions for companies with an aggregate value exceeding $9 Billion. CSG Partners operates from offices in New York and San Francisco. More information on the firm can be found at www.csgpartners.com, LinkedIn, and Twitter.

SOURCE CSG Partners, LLC

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