Clearview Capital Acquires GCR

Clearview Capital Fund II, L.P. has acquired New Orleans-based consulting services firm GCR Inc. Terms of the deal, which closed December 31, were not released.

Clearview Capital Fund II, LP today announced that it has acquired GCR, Inc. in partnership with its management team.

Headquartered in New Orleans, LA, GCR offers a broad range of consulting services that help clients gather, analyze and apply information, from custom developed software solutions to information management and other professional services. GCR’s client base extends from the aviation sector to a broad array of public sector clients at the federal, state and local level, as well as law firms, utilities and other commercial clients. The transaction closed on December 31, 2011.

GCR is the fourth platform investment Clearview has established in the past twelve months.

The transaction allowed GCR’s founders to retain a substantial ownership stake, while providing other key managers with the opportunity to become meaningful direct equity owners as well.

“I am extremely enthusiastic about our partnership with Clearview Capital, as is our entire team,” said Gregory C. Rigamer, GCR’s Chief Executive Officer. “I believe Clearview’s perspective and capital will allow us to leverage our innate strengths to build a stronger business focused on serving our clients, employees and community in a more positive and beneficial way.”

“GCR offers an exceptional value proposition to its clients,” said James G. Andersen, Managing Partner and Co-Founder of Clearview Capital. “We are excited about partnering with GCR’s management team to build upon the success they have achieved and to help them grow the business organically and via acquisition.”

Clearview’s other holdings include Pediatric Health Choice, the premier provider of alternative-site health care services for medically complex, technology-dependent and behaviorally challenged children; Pyramid Healthcare, a provider of drug/alcohol and mental health treatment for adults and adolescents; The Results Companies, a leading business process outsourcing company; All Tech Inspection/IESCO, a provider of mechanical integrity inspection and non-destructive testing services for the refinery, petrochemical and power industries; EN Engineering, a provider of engineering and design services to liquid and gas pipeline operators; Rowmark, a manufacturer and marketer of specialty plastic sheet and related products for the awards/recognition, engraving and signage markets; Air Cooled Exchangers, LLC, a manufacturer of air cooled heat exchangers; Hillsdale Furniture, a designer and importer of wood and metal furniture; and a minority interest in CPG International, the leading extruder of thick gauge polyolefin and PVC sheet, including AZEK® brand trim boards and decking products.