DFW Capital Partners announced today that it has completed the sale of its portfolio company, metanexgen, to an affiliate of Insignia Capital Group, a San Francisco Bay Area private equity firm.
DFW originally invested in Blue Bell, PA based Meta Pharmaceutical Services in 2010, leading a recapitalization of the business from its founding partners. During the five year hold period, DFW partnered with management to develop the organization, grow its products offerings, and expand its customer base. In 2013 the company merged with NexGen RxMarketing. The combination created a leading multi-channel marketing services and communications company.
Now headquartered in Bensalem, PA metanexgen will continue to be led by Chris Wiltshire, President and CEO. Chris and his team intend to continue to expand metanexgen’s full service capabilities and remain at the forefront of the multi-channel marketing sector. Chris commented, “We have enjoyed and sincerely appreciate our partnership with DFW. Their support, vision, and guidance has helped position metanexgen as a market leader that is well prepared to meet our clients’ growing needs, expand our offerings, and accelerate growth. We look forward to partnering with Insignia as we work to deliver extraordinary outcomes for our clients, employees, and shareholders.”
Brian Tilley, a Partner with DFW, noted, “We have been fortunate to partner with a deeply talented and committed management team. It has been a pleasure to work with the team as the organization developed and delivered significant growth, resulting in a great outcome for our investors. We wish Chris and his team great success with their new partners.”
Lazard Middle Market LLC served as exclusive financial advisor and Dickstein Shapiro LLP served as legal counsel to the Company.
About DFW Capital Partner
DFW Capital Partners is a private equity investment firm focused on lower middle-market companies. The firm concentrates on service companies, with an emphasis on healthcare and outsourced business and industrial support services. DFW is backed by both institutional and high-net worth individual investors, and has established a 20+ year track record of success in both building leading companies, and recognizing excellent returns for its investors. DFW is headquartered in Teaneck, NJ, and maintains an office in Washington, D.C. For more information contact Keith Pennell, Managing Partner, at (201) 836-6000.