White Wolf Capital LLC has recapitalized Plano, Texas-based Temporary Housing Directory, a provider of temporary housing and relocation services. No financial terms were disclosed.
MIAMI (PRWEB) DECEMBER 09, 2019
White Wolf Capital LLC (“White Wolf”) is pleased to announce a recapitalization of Temporary Housing Directory, Inc. (“THD”) establishing a partnership between THD’s management team and White Wolf. Details of the transaction were not disclosed.
Elie Azar, Managing Director of White Wolf, noted, “We are very excited to partner with Teresa Vidger and her team at THD. The THD team has built a very impressive platform and we are looking forward to working with them to achieve industry-leading growth. In addition to focusing on organic growth opportunities, this partnership will provide THD with access to additional capital and resources to accelerate M&A initiatives.”
Teresa Vidger, Founder and CEO of THD, commented, “Over the 18 years since I started THD we have grown to be a trusted provider to the insurance industry and relocation sectors nationwide. Over the past year, I have looked for the right partner to help us become the leader in technology innovations to further expand our high touch service offering for our customers. I was thrilled to find that partner in White Wolf. Their expertise in strategic business development and financial resources is what I needed to achieve exponential growth without compromising what our customers love about our service. The entire THD team couldn’t be more excited about our new partnership.”
Founded in 2001 by Teresa Vidger, THD is a leading national provider of temporary housing and relocation services. With a reputation for impeccable customer service, the Company provides coordination, selection, and management of both short and long-term housing solutions for individuals who are displaced due to everyday peril, catastrophic events, and corporate assignments. THD leverages its long-tenured team and communications and workflow processing technology to provide a highly efficient and cost-effective placement process. Through a network of strategic partnerships with national, regional, and local hotels, property management companies, private landlords, corporate housing providers, and houseware and furniture rental providers, THD meets the unique needs of policyholders, insurance companies, and corporate relocation companies. For further information, please visit: http://www.temporaryhousingdirectory.com.
About White Wolf
White Wolf is a private investment firm that began operations in late 2011 and is focused on management buyouts, recapitalizations and investments in leading middle market companies. In general, White Wolf seeks private equity investment opportunities in companies that are headquartered in North America with $10 million to $100 million in revenues and up to $10 million in EBITDA. Preferred industries include: manufacturing, business services, information technology, security, aerospace and defense. For further information, please visit: http://www.whitewolfcapital.com.