Calabasas Capital is pleased to announce the successful closing of a growth equity investment for its client, Tranzlogic, LLC, a transformative technology company providing retail customer analytics based in Thousand Oaks, California.
The new capital was sourced by Calabasas Capital from Los Angeles-based private investment firm, SJ Investments.
Calabasas Capital advised Tranzlogic on financing alternatives and ran a competitive process soliciting interest from several equity investment groups. SJ Investments had existing investments in complementary businesses and was therefore able to appreciate the tremendous growth potential of the Company and complete due diligence and close the transaction within 30 days of a signed term sheet. We negotiated on behalf of Tranzlogic, spearheaded the entire due diligence process, advised on structuring and worked closely with the attorneys on documentation.
Charles Hogan, founder and majority shareholder of Tranzlogic said, “We were very pleased with this deal. SJ Investment is a great partner and we were extremely impressed with the work done by David Bonrouhi and his team at Calabasas Capital in sourcing this investment for us. Their advice was spot on. This was the second time I hired David and his team to represent one of my companies in an M&A transaction and I would hire him again in a heartbeat. He’s a great banker for lower middle market companies.”