May 24, 2013
Croft & Bender Serves as Financial Advisor to CableOrganizer.com in its sale to KT Capital
Croft & Bender, an Atlanta-based investment banking and private equity firm, is pleased to announce the successful sale of its client, CableOrganizer.com. The transaction was led by KT Capital Partners, an Atlanta-based private equity firm, with additional financing provided by CapitalSouth Partners, a provider of equity and mezzanine capital to lower middle-market companies.
Headquartered in Fort Lauderdale, FL, CableOrganizer is a leading online provider of cable and wire management solutions and related products, including networking components, electrical supplies, and equipment housing. CableOrganizer annually serves over 56,000 corporate, government, and individual consumer customers worldwide. The Company’s products are used for a vast array of applications in various environments, including office, industrial, home theatre, business and home computing, automotive, and networking.
Croft & Bender was retained as the exclusive financial advisor to CableOrganizer to assist the Company in evaluating its strategic alternatives. “Croft & Bender really understood our business and, more importantly, they knew how to execute an effective process. Their tireless effort resulted in a great outcome for the Company,” said CableOrganizer’s founder, Paul Holstein.
“The team at CableOrganizer has built a terrific business. We appreciated the opportunity to advise the Company and are glad everyone was pleased with the outcome. The Company’s future is very bright,” commented Ronnie Goldman, Managing Director at Croft & Bender.