Leading M&A Advisory Firm Adds Another Successful
Transaction; Marking 10th Deal in the Broader
Business Services Industry
JUPITER,
Fla., July 17, 2024 /PRNewswire/ -- Boxwood
Partners is pleased to announce the acquisition of Pay4Leads, Inc.
("the Company"), a premier marketing company, by Liftout Capital,
an investment holding company investing in lower middle market
founder owned services companies. Based in Exton, PA, the Company specializes in
providing exclusive leads to tree care and other residential
services businesses nationwide.
Boxwood Partners, a leading boutique middle-market investment
bank known for its deep experience with entrepreneurs and
family-owned businesses, acted as the exclusive sell-side advisor
to Pay4Leads on the transaction. The transaction was led by
Patrick Galleher (Managing Partner),
Robbie Nickle (Director),
Clayton Patton (Vice President),
Evan Donnellan (Associate), and
Nick Logue (Analyst). The terms of
the deal were not disclosed.
Boxwood continues to solidify its reputation as a trusted
advisor within the business services industry and a premier advisor
within the residential services industry. Pay4Leads marks the
10th business services transaction and 10th
so far this year.
"Liftout's acquisition will empower Pay4Leads to expand upon the
success they've been able to achieve with tree care clients,"
stated Patrick Galleher, Managing
Partner at Boxwood Partners. "Additionally, they'll continue to
expand into adjacent home services such as roofing, siding, and
windows, where they are already growing their market share
today."
Established in 2016 as Pay4Leads, the Company services clients
across the country and can provide their essential services to all
50 states.
"We are grateful for the Boxwood team for their expert guidance
and partnership throughout this process," said Don Dowd, Founder and CEO of Pay4Leads. "The
Boxwood team's intimate knowledge of both the business services and
residential services sectors was an invaluable asset in our
negotiations, and we are extremely thankful that they helped us
land such a fantastic partner in Liftout."
"We're thrilled to acquire Pay4Leads, as it marks a significant
step in expanding our presence in the residential services sector,"
said Eric Wolf, Co-Founder
and Partner of Liftout Capital. "Pay4Leads'
demonstrated capacity to deliver high-quality leads and their
strong client relationships align perfectly with our strategic
goals, making them an excellent addition to our portfolio. We're
grateful to the Boxwood team for their expertise in lead generation
and marketing services, and for their invaluable guidance and
support throughout this process."
Aaron Ambrose and Jonathan
Lazarrow of AML served as legal counsel to Pay4Leads while
Matthew Barnette and Jordan Eatman from Clifton Larson Allen acted as the accounting
advisors.
About Boxwood Partners
Boxwood Partners, LLC, is a boutique investment bank based
in Jupiter, Florida with offices
in Richmond, Virginia. Boxwood
Partners combines a unique blend of senior-level transaction
advisory, business operating experience, and proven process
execution skills to give its clients a distinct advantage in the
market. The firm's extensive relationships within the global
capital and buyer communities (including U.S. and international
private equity groups, corporations, and lenders) and other
important transaction-related service providers such as
consultants, attorneys, and accountants, ensure that the firm's
clients receive the attention, service, and results they deserve.
For more information about Boxwood Partners, please visit
www.boxwoodpartners.com.
About Liftout Capital
Liftout Capital is a Denver
based investment holding company dedicated to lower middle market
founder-owned businesses. Leveraging decades of experience and deep
industry expertise, the company focuses on accelerating growth in
business and industrial service companies. To learn more, visit
https://liftoutcapital.com/.
About Pay4Leads
Pay4Leads is a leading marketing company specializing in
providing exclusive leads to tree care and other residential
services businesses nationwide. Their geo-targeting and real-time
lead responses have helped businesses achieve significant growth
and success in a competitive market. More information is available
at https://pay4leadsinc.com/.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/boxwood-partners-advises-pay4leads-a-premier-marketing-services-company-on-its-acquisition-by-liftout-capital-302198713.html
SOURCE Boxwood Partners LLC