Los Angeles, CA – 8020 Consulting, LLC has received an investment from ShoreView Industries. Specific terms of the transaction were not disclosed. FocalPoint Partners served as the exclusive financial advisor to 8020 on the transaction.
8020 is a provider of financial consulting services in Southern California. 8020’s consultant base provides services including financial planning and analysis, financial reporting, interim financial management, transaction due diligence support, financial systems implementation, and turnaround/restructuring consulting. 8020 serves a diverse range of end markets, including technology, entertainment, and healthcare.
As a component of its growth strategy, 8020 will actively seek add-on acquisitions of consulting companies with complementary service offerings and opportunities to expand geographically.
David Lewis, Co-founder and CEO of 8020, commented, “We are excited to be partnering with ShoreView as we enter the next phase of growth for 8020. On behalf of my partners, I would like to thank the FocalPoint team for their outstanding guidance throughout the process. Connor and the rest of the team ran an extremely efficient process that demonstrated not only their expertise in the consulting industry, but also their firm grasp of the current market dynamics. We couldn’t be happier with the outcome.
Connor Mitchell, Managing Director at FocalPoint, commented, “We are extremely proud of the process we ran and the partnership we helped to facilitate between 8020 and ShoreView. David, Kelly, and Shawn were a pleasure to work with, and we are excited for the future of 8020 as the Company enters this next phase of growth. The 8020 recapitalization represents another successful transaction for FocalPoint’s Business Services group, and we continue to see strong investor appetite for market-leading professional services companies, such as 8020.”
About Shoreview Industries
Founded in 2002, ShoreView is a Minneapolis-based private equity firm that has raised over $1.3 billion of committed capital across four funds. ShoreView partners with family and entrepreneur-owned companies across many sectors, including engineered products, distribution, industrial services, business services, healthcare, and niche consumer products. Shoreview structures a variety of acquisition, recapitalization and build-up transactions, typically in businesses with revenues ranging between $20 million and $300 million. For more information, please visit: https://www.shoreview.com.
About FocalPoint Partners
FocalPoint is an independent investment bank specializing in mergers and acquisitions, private placements (both debt and equity), financial restructurings, and special situation transactions. With offices in Los Angeles, Chicago, New York, and Shanghai, the firm provides financial advisory services to middle market clients and has a dedicated Business Services practice. Since its inception in 2002, FocalPoint has completed more than $15 billion in total transactions. For more information, please visit https://focalpointllc.com and follow us on LinkedIn and Twitter.
Please contact Connor Mitchell, Managing Director, at 312-508-5776, for more information regarding this transaction.