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
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
David Hornyak, who led the McGuireWoods deal team.
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.