An investor group led by Oxford Financial Group has acquired Rancho Cucamonga, California-based Innovative DisplayWorks, a provider of merchandising solutions to beverage companies. Amherst Partners was financial adviser to Oxford.
Amherst Partners, LLC (“Amherst”) is pleased to announce the acquisition of Innovative DisplayWorks, Inc. (“IDW” or the “Company”) by an investor group led by Oxford Financial Group, Ltd. (“Oxford”). Amherst acted as the exclusive financial advisor to Oxford in connection with the transaction, including placement of the related debt financing.
Oxford Financial Group, Ltd.™ is the premier multi-family office in the Midwest and has been named the #1 Registered Investment Advisor (“RIA”) by Financial Planning magazine for each of the last five years (based upon assets under management). One of the largest independent RIA firms in the country with oversight of approximately $23.5 billion in assets under advisement (which includes assets under management), Oxford has 21 Managing Directors in five market offices who serve over 700 family and institutional clients in 37 states. Oxford is an independent, fee-only firm that is privately held by its partners and has provided multi-generational estate planning advice and forward-thinking investment solutions to families and institutions for more than 36 years.
About Innovative DisplayWorks, Inc.
IDW, headquartered in Rancho Cucamonga, California, is the leading supplier of innovative merchandising solutions to global beverage companies. The Company provides custom refrigeration and display solutions that drive demand for high margin immediate consumption beverage and product purchases. IDW’s unique merchandising solutions are used by its beverage customers across an attractive and growing range of end markets, including convenience stores, supermarkets, restaurants, foodservice, and retail environments.
About the Transaction
Oxford engaged Amherst Partners to advise on the acquisition of IDW, which included evaluating the Company’s operations and financial performance, managing the transaction due diligence across multiple third-party providers, and sourcing debt funding for the acquisition. Amherst’s seasoned team worked side-by-side with Oxford and other outside professionals to quickly identify and analyze key business issues pertinent to the transaction. Amherst also targeted a select group of prospective lenders, facilitated their analyses of the Company, and led negotiations leading to the placement of the debt facilities supporting this transaction. Ultimately, the IDW transaction was completed on an expedited timeline.
IDW represents a well-positioned opportunity for growth, as Oxford plans on-going investments in the Company’s market leading capabilities. Additionally, IDW’s executive leadership team retains a meaningful ownership stake and will continue to direct the Company’s operations.
About Amherst Partners
With a track record that spans over 20 years, Amherst is one of the Midwest’s most reputable boutique investment banking, corporate restructuring, and management advisory firms. Among its core services, Amherst provides middle-market companies with significant financial advisory expertise for business divestitures, acquisitions, capital raises, and other corporate finance transactions. Our professionals share a commitment to developing a trusted advisor relationship with our clients and referral partners and have amassed an extraordinary track record of success, with over 450 domestic and cross-border transactions exceeding $20 billion in total transaction value. Securities related transactions are offered through Amherst’s wholly owned subsidiary, One Amherst LLC, a registered broker-dealer and member of FINRA and SIPC.
As a partner in IMAP, Amherst maintains a well-established network of international offices in over 35 countries. In 2017, IMAP advisers completed 191 global transactions, with an aggregate transaction value of more than $12 billion. Through our IMAP partners, Amherst benefits by having seasoned deal professionals on the ground across the globe with first-hand knowledge of the local cultural and business environment.