August 15, 2019
McGuireWoods advised New York-based private investment firm Post Capital Partners in its recapitalization of IntraLogic Solutions LLC (ILS), a security technology company with a focus on school safety. Brookside Mezzanine Partners provided financing for the transaction. Terms were not disclosed.
ILS develops software to address complex and evolving security challenges in schools and other public facilities, including shopping malls, hospitals, religious institutions and movie theaters. ILS founder and CEO Lee Mandel will continue to lead the company.
“Our team was proud to work with Post Capital to complete this strategic investment, the second transaction we have advised our client on in recent months,” said David Hornyak, who led the McGuireWoods deal team. Thomas Zahn, Bryan Bylica, Penny Zacharias, Susan Barrett, Leah Eubanks and Maria Sasinoski also assisted the client.
McGuireWoods also advised Post Capital in its investment in Property Registration Champions LLC, a transaction that closed in May.
Post Capital makes minority growth and control investments in businesses with repeat or recurring revenue models. It primarily employs an “Executive-First” deal sourcing and investment strategy in which it identifies and partners with senior operating executives and then works with those “executive partners” to identify investments and advise its portfolio companies. Post Capital also pursues management buyouts and growth capital investments.
McGuireWoods consistently ranks among the top law firms in league tables for M&A deals, including private equity. The firm remained a dominant player advising clients in middle market private equity transactions through the first half of 2019, ranking 10th in global deal count in Bloomberg’s league tables.