Equiteq advises RevUnit, a leading digital strategy and product studio, on its investment from Mountaingate Capital
“I really appreciate Equiteq running us through that Strategic Review all those many months ago. That session set us on a course to capture a lot more value in this deal. The Equiteq team, led by Adam Tindall, is unbelievably good. I’ve never had anyone work that hard on my behalf in my whole career. They were strategic, incredibly detail oriented, and passable therapists all throughout this process. We couldn’t be happier with how it turned out.” – Joe Saumweber, Co-Founder RevUnitRevUnit LLC (“RevUnit”), a premier digital strategy and product studio helping enterprises digitally transform operations, today announced it has received a strategic investment from Denver-based middle market private equity firm, Mountaingate Capital (“Mountaingate"). RevUnit was founded in 2012 when colleagues Joe Saumweber and Michael Paladino set out to find a better way to do what they love: build human-centric technology. The name RevUnit comes from joining the ideas of revving up business transformation with units of cross-functional technology experts. RevUnit has evolved into a leading digital consultancy providing innovative strategy and bespoke technology solutions centered around operational transformation for an impressive roster of enterprise clients. RevUnit’s design culture enables the re-imagining of business-critical workflows which helps clients overcome obstacles of scale, complexity, and innovation. In late 2017, RevUnit engaged Equiteq’s Strategic Advisory team to help build equity value and prepare for a transaction. RevUnit is partnering with Mountaingate to accelerate its growth organically as well as through strategic acquisitions. “We chose Mountaingate because we found a strong alignment in culture and we were really impressed with their proven track record of helping companies like ours scale responsibly,” said Joe Saumweber, Co-Founder. “We focus on our culture intently so finding a business partner who not only respected, but also aligned with that culture was critical for us” added Michael Paladino, Co-Founder. Mountaingate is a leading buy-and-build focused middle market private equity firm based in Denver, CO, and was recently named one of the Top 50 best Private Equity Firms for Entrepreneurs by Inc. The investment in RevUnit marks the seventh platform investment for Mountaingate in its debut fund, all of which are supporting founder entrepreneurs. “We are very excited to partner with RevUnit’s deep and passionate leadership team. RevUnit is a forward-thinking leader in helping clients digitally transform operations to make significant progress in productivity, efficiency and employee engagement,” said Bennett Thompson, Managing Director at Mountaingate. “Many companies claim to focus on their customer, but I’ve seldom seen a business that partners so seamlessly with its customers. RevUnit truly lives its mission to help enterprises transform.”
Regarding Equiteq’s role in the transaction, Co-Founders Michael Paladino and Joe Saumweber said, “Our journey with Equiteq added significant value to our business and led to a highly desirable outcome. We first engaged Equiteq to perform a Strategic Review which enabled us to identify gaps and put together a plan for the next 18 months to enhance RevUnit’s attractiveness to the market. Equiteq’s deep appreciation of our value proposition, growth potential, and their unrivalled knowledge of the market made them compelling advocates. This successful advocacy ultimately led to significant market interest and stakeholder choice. Equiteq went above and beyond to protect our interests, providing calm advice and counselling throughout. We are grateful to the entire Equiteq team for their commitment to helping us achieve this exciting partnership with Mountaingate.”
Adam Tindall, Managing Director of Equiteq’s North America practice, commented, “It has been a privilege working with the RevUnit team and to help facilitate the transition to the next chapter in the company’s growth with Mountaingate. We wish both parties a successful future together.”To see all of our deals, please click here.