Citizens M&A Advisory served as the exclusive financial advisor to Eclipse Advantage, a provider of outsourced supply chain workforce solutions, on its acquisition by Two Sigma Impact.
Eclipse Advantage provides a suite of labor services for warehouses and distribution centers. Eclipse Advantage was a portfolio company of Longshore Capital Partners, a Chicago-based lower middle market private equity firm. Two Sigma Impact is the impact investing business of Two Sigma.
“The Citizens M&A Advisory team was terrific to work with. Citizens assisted us in articulating our complex business model, compelling value proposition and significant growth opportunity for easy consumption by investors,” Pete Westermann, CEO of Eclipse Advantage, said.
“The Citizens team did a fantastic job managing the Eclipse process on behalf of Longshore and the company,” Nick Christopher, partner at Longshore Capital Partners, said. “They demonstrated a thorough understanding of the business and drove a high-touch, competitive and fast-paced process.”
“We are appreciative of the opportunity to work with Longshore and Eclipse on its sale to Two Sigma Impact,” Jason Wallace, managing director at Citizens M&A Advisory, said. “Eclipse is a differentiated platform spanning the facility services, supply chain and human capital sectors. We are excited to watch Eclipse’s continued growth in partnership with Two Sigma Impact.”
