Editor’s note: Local Tech Wire’s daily venture/investment profile today features at Atlanta firm that handles virtually every aspect of deal making. Matthew Burns, Worth Civils and Daniel Pearson compiled the series. Covering both ends of the spectrum, EGL Holdings has a venture capital arm and an operation that provides corporate financial advisory services, including mergers and acquisitions representation and strategic consulting.
Veteran British investor David Ellis founded the firm in 1988.
EGL has had three venture funds, typically investing $1 million to $3 million in later-stage information technology, telecommunications and health care companies in the Southeast. Investors in its latest fund include CalPERS, Royal & Sunalliance and Mercury Private Equity, and the portfolio includes AtWork Technologies, iFleet, Impressa and Telscape.
EGL also works with more mature companies to provide advice on potential mergers, acquisitions or sales, debt and equity fund raising and other financial consulting. The firm taps into an extensive international network of business contacts to assist in liquidity moves and uses the close relationships it has developed with lenders, private equity firms and non-traditional financing sources like angel investor groups when helping clients search for capital.
Here’s the skinny:
Featured Firm: EGL Holdings, Inc.
Mailing address: 3495 Piedmont Road, Suite 412 Atlanta, GA 30305
Phone number: (404) 949-8300
Web site: http://www.eglholdings.com
Management Team:
David Ellis
Salvatore Massaro
Richard Lawry
Edmond Fisher III
Arnold Shumacher
Bryan Jones
Focus of firm: Information technology, telecommunications and health care.
Money under management: $24 million
Sample portfolio companies:
iFleet, Inc.
Total Sports, Inc.
Telescape International, Inc.
Renaissance Interactive Holdings Corp.
AtWork Technologies, Inc.
In what size range: $1 million to $3 million
Sweet Spot (types of deals, stage of the company):Late-stage growth companies located in the Southeast.
Most important attributes for companies seeking funding: Must have a highly qualified, motivated and committed management team, business with a high barriers to entry, and an exit strategy via merger, acquisition or initial public offering, typically with a five year period.
What differentiates you: Company has been investing private equity capital since 1988, and through its international network, portfolio companies are able to access buyers and sellers in the global market.
Friday’s profile: Equity-South
Previous profiles can be found under Venture Watch. Set date parameters for Feb.11 through today, hit enter, and see the VC related stories published since that date.
Previous profiles:
Feb. 11: Academy Venture Funds
Feb. 12: Atlantic Group
Feb. 13: Aurora Fund
Feb. 14: Capital Investment Partners
Feb. 15: Carolina Financial Group
Feb. 18: Carousel Capital
Feb. 19: Catalysta Partners
Feb. 20: Charlotte Angel
Feb. 21: Draper Atlantic
Feb. 22: Eno River
Feb. 25: Halifax Group
Feb. 26: Intersouth Partners
Feb. 27: Kitty Hawk Capital
Feb. 28: NC Enterprise Corp.
March 1: NC Technological Development Authority
March 4: Oberlin Capital
March 5: A.M. Pappas
March 6: Piedmont
March 7: RBC Centura
March 8: Redleaf Group
March 11: Remington Capital
March 12: River Cities
March 13: Research Triangle Ventures
March 14: Southeast Interactive
March 15: Tri-State Investment Group
March 18: Trelys
March 19: truePilot
March 20: Wakefield Group
March 21: Frontier Capital
March 22: Southern Capitol Ventures
March 25: Alliance
March 26: Armada
March 27: Cordova Ventures
March 28: Craven, Green & Wahlen
March 29: Intelligent Systems
April 1: Five Paces Ventures
April 2: Kinetic
April 3: Gray Ventures
April 4: Live Oak
April 5: Mellon Ventures
April 8: Linx
April 9: Monarch
April 10: Noro-Moseley
April 11: Richards Capital
April 12: River Capital
April 15: Southeastern Technology Fund
April 16: HIG Capital
April 17: Total Tech Ventures