Deloitte Advises SMS in Corbel Investment
Deloitte Corporate Finance acted as exclusive financial advisor to Supplier Management Solutions in securing an investment from Corbel Structured Equity Partners. SMS engaged Deloitte to explore strategic alternatives related to partnering with a capital provider to facilitate continued growth. The investment was completed on June 26, 2014.
Deloitte assisted SMS throughout the capital raise process, including helping with the preparation of marketing materials, identifying and approaching potential investors, facilitating management presentations, and advising on negotiations and transaction closing.
“DCF delivered experience and insight in providing a flexible approach to different forms of capital and were hands-on during every step of the process, ultimately helping to negotiate a creative structure which met the Company’s needs,” said Steve Clarke, founder and president of SMS.
“We are very pleased to have leveraged our aerospace and defense experience and capital markets reach to assist SMS in securing this investment. We look forward to continuing our relationship with SMS in the future and further establishing DCF’s presence in the industry,” remarked Peter Frankfort, SVP, Deloitte Corporate Finance.
Temecula, CA-based SMS provides supply chain oversight, management and support under multi-year fixed price contracts to large aerospace and defense manufacturers.