ABRY Partners has recapitalized Winter Park, Florida-based Frontline Performance Group, a provider of sales performance management solutions. No financial terms were disclosed. Deloitte Corporate Finance advised FPG on the transaction.
CHARLOTTE, N.C., July 16, 2015 /PRNewswire/ — Deloitte Corporate Finance LLC (DCF) acted as exclusive financial advisor to Winter Park, Florida-based Frontline Performance Group (FPG) in its recapitalization with ABRY Partners (ABRY). FPG, a leading outsourced service provider of sales performance management, engaged DCF to explore various strategic alternatives.
“After spending over 20 years helping our clients maximize their salesforce potential, I knew that I wanted Deloitte Corporate Finance’s help in finding a financial partner to allow FPG to accelerate its growth strategy. Their deep knowledge of the investor universe helped us find a great financial partner in ABRY,” said Ziad Khoury, CEO, Frontline Performance Group.
“FPG’s reputation for transforming sales cultures and driving sales and service improvements, combined with our capital advisory experience and business services industry knowledge, helped FPG achieve their strategic objectives,” said John Deering, managing director, Deloitte Corporate Finance LLC.
About Frontline Performance Group
Founded in 1993 and headquartered in Winter Park, Fla., FPG is a leading outsourced service provider focused on sales and service performance management across several industries including travel and hospitality. FPG provides on-site sales and service management, recruiting and training solutions, and human capital development to help optimize sales performance at consumer contact points. FPG’s combination of proven strategic planning processes, in-house research, and emerging tech-enabled platform differentiate it from other service providers. For more information, visit www.frontlinepg.com.
About ABRY Partners
Founded in 1989, ABRY Partners is a media, communications, and business and information services focused private equity investment firm. Since its founding, ABRY has completed over $42 billion of transactions, representing investments in over 450 companies. The firm is currently managing over $4.3 billion of total capital and is investing out of a $1.9 billion private equity fund, $950 million senior equity fund, and a $1.5 billion senior debt fund. For more information, visit www.abry.com.
About Deloitte Corporate Finance LLC
Deloitte Corporate Finance LLC (DCF) provides strategic advisory services and M&A advice that help corporate, entrepreneurial and private equity clients create and act upon opportunities for liquidity, growth and long-term advantage. With an in-depth understanding of the marketplace and access to a global network of investment bankers, we help clients confidently pursue strategic transactions in both domestic and global markets. DCF, together with the Corporate Finance Advisory practices within the Deloitte Touche Tohmatsu Limited network of member firms, include in excess of 1,900 professionals, who work collaboratively across 150 international locations. With our significant experience providing investment banking services across key industries, we are able to offer our clients solutions that help them to achieve their strategic objectives. For more information, visit www.investmentbanking.deloitte.com.
Prior engagement performance is no guarantee of future performance and may not be representative of the experience of other clients. This communication is for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of a security.
Deloitte Corporate Finance LLC, an SEC registered broker-dealer and member of FINRA and SIPC, is an indirect wholly-owned subsidiary of Deloitte Financial Advisory Services LLP and affiliate of Deloitte Transactions and Business Analytics LLP. Investment banking products and services within the United States are offered exclusively through Deloitte Corporate Finance LLC. For more information, visit www.investmentbanking.deloitte.com. Certain services may not be available to attest clients under the rules and regulations of public accounting.