Liebman Group has acquired a majority stake in Utah-based C-Slide, a maker of patented web camera covers. No financial terms were disclosed.
PRESS RELEASE
Liebman Group, LLC (“Liebman Group”), a South Florida based private equity firm, is proud to announce that it has acquired a majority interest in SolPals, LLC (“C-Slide” or the “Company”). Based in Utah, C-Slide is a leading developer and manufacturer of patented web camera covers that add an additional layer of security to electronic devices. Liebman Group has partnered with C-Slide’s existing senior management team to recapitalize the business and to provide additional capital to support future growth. The existing management team will maintain a significant minority ownership position in the Company going forward. Terms of the transaction were not disclosed.
Scott Liebman, Liebman Group’s Managing Partner, commented, “We are pleased to be partnering with C-Slide’s talented leadership team. C-Slide’s extensive market knowledge and strong network of relationships make it an ideal partner for us. We look forward to supporting the Company’s continued growth.”
About C-Slide
Headquartered in Utah, the company provides 14 patented products across a wide range of devices including mobile telephones, tablets, notebook computers, desktop computer monitors and smart televisions. The Company sells its products primarily to Fortune 500 companies as custom-branded corporate promotional giveaways, as well as through retail stores and online.
About Liebman Group
Liebman Group partners with business owners and management teams to help them grow their companies. We bring financial, operational, strategic and technological expertise as either long-term equity investors or external consultants. Liebman Group focuses on investments in middle market companies, with revenues of $10 million to $100 million. Headquartered in South Florida, Liebman group seeks United States-based investments across all industries.
For more information, please email [email protected].
Source: https://www.pehub.com/2018/03/liebman-group-buys-majority-stake-c-slide/
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