The Wicks Group of Companies has acquired Gladson Holdings from Lake Pacific Partners. No financial terms were disclosed. Lincoln International provided financial advice to Lake Pacific and Gladson on the transaction. Based in Lisle, Illinois, Gladson is a provider of digital content and related services.
NEW YORK, NY – Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce that Lake Pacific Partners (“Lake Pacific”) has completed the sale of Gladson Holdings (“Gladson” or the “Company”) to The Wicks Group of Companies (“The Wicks Group” or “Wicks”). The terms of the transaction were not disclosed.
Gladson is a leading provider of digital content and related services, delivering consistent, accurate and timely product data to support omni-channel initiatives. Gladson’s digital content is widely used for e-commerce, marketing and retail shelf management. The Company also provides category management, store planning and shelf edge management tools to clients. Gladson maintains a proprietary product content library with more than 1 million products and approximately 8 million images for Fortune 1000 brands, retailers and service providers.
Lincoln acted as the exclusive financial advisor to Lake Pacific and Gladson in this transaction, working closely with Gladson’s senior management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.
“Lincoln’s data services knowledge, guidance and thoughtful advice were invaluable in securing a successful transaction,” said William Voss, Founder and Managing Director at Lake Pacific. “We’re excited to have worked with Lake Pacific and the Gladson management team on this important transaction. We look forward to watching Gladson continue to develop its innovative content platform and complementary services under Wicks’ ownership,” said Scott Twibell, Managing Director and Co-Head of Technology & Media at Lincoln International.
Headquartered in Lisle, Illinois, Gladson delivers a comprehensive product content solution for manufacturers, retailers and service providers, combining the industry’s largest database of consumer product images and information with high-impact category management and store optimization services to maximize sales and operational efficiency. Gladson’s enterprise-ready digital product content fuels strategies for e-commerce, space planning, marketing, advertising, supply chain, market research, mobile applications, master data management and other critical business processes. Gladson’s product content is captured in accordance with GS1 industry standards. More information about Gladson can be obtained at www.gladson.com.
About Lake Pacific
Lake Pacific is a leading private equity firm dedicated to the food, beverage and consumer products and services industries. The firm invests in buyout, growth equity and turnaround transactions involving established businesses across the food and consumer products supply chain. Lake Pacific’s team consists of industry and private equity professionals who have extensive experience in the food and consumer packaged goods industries and have served as chairmen, CEOs, presidents and board members of dozens of companies ranging in size from $25 million to over $7 billion in sales. More information about Lake Pacific can be obtained at www.lakepacific.com.
About The Wicks Group
The Wicks Group is a private equity firm based in New York City that invests in lower-mid-market companies operating in selected segments of the information, education and media industries principally in the United States and Canada. Since its founding in 1989, Wicks has invested over $1 billion of capital in 28 platform companies and approximately 100 add-on acquisitions. The firm partners with high-quality, experienced management teams to build businesses organically and through acquisitions. Wicks employs investment professionals who have collectively accumulated extensive investment, operating and financial knowledge both at the firm and in prior professional positions, and have demonstrated the ability to successfully acquire and aggregate businesses, strengthen management, refocus strategy, improve operations, build cash flows and realize significant returns for investors. More information about The Wicks Group can be obtained at www.wicksgroup.com.
About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and joint venture and partnering advisory services on a wide range of transaction sizes. With eighteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest.
More information about Lincoln International can be obtained at www.lincolninternational.com.