Golden Gate Capital Companions With Founder and CEO Robert Peterson on Recapitalization of All My Sons Transferring & Storage
SAN FRANCISCO & CARROLLTON, Texas – (BUSINESS WIRE) – Golden Gate Capital, a leading private equity investment firm, and All My Sons Moving & Storage founder and CEO Robert Peterson today announced the recapitalization of All My Sons, a leading provider of world-class moving and storage services . Mr. Peterson will continue to lead the company from its headquarters in Carrollton, TX and remain a significant shareholder. Financial terms were not disclosed.
All My Sons was founded in 1992 and is a family business with almost 30 years of moving experience. The company operates 75 locations in 29 states and focuses primarily on local removals with professional and efficient moving services tailored to a wide range of customer needs. All My Sons’ business model differs through an industry-leading technology platform that drives lead generation, security and operational efficiency, and enables the company to deliver a highly personalized customer experience.
Mr. Peterson said, “Thanks to our dedicated team and a successful partnership with Sterling Investment Partners, All My Sons has continued its rapid growth over the past decade and established itself as the most effective and efficient provider of moving and storage services in the United States.” Conditions. With proven successful partnerships with founder-run companies, Golden Gate Capital is the perfect partner to accelerate our growth and further develop our world-class customer experience. We look forward to working with the Golden Gate Capital team to take advantage of the opportunities that arise. ”
Mike Montgomery, Managing Director at Golden Gate Capital, said, “We are very excited to be working with Robert and the All My Sons team. They have built a market leading platform backed by proprietary systems and processes that deliver an unparalleled customer experience. With clear leadership in the 54 markets it serves, All My Sons is well positioned to continue to gain market share in a highly fragmented market as it remains true to its mission to transport customers safely, comfortably and confidently. We look forward to helping the company seize the many opportunities that lie ahead. ”
Neale Attenborough, Operating Partner at Golden Gate Capital, commented, “We have great respect for Robert and his longstanding leadership team. Driven by an entrepreneurial spirit and commitment to constant innovation, they have built a huge company with significant growth opportunities, including new entries and expansion into adjacent categories. We look forward to leveraging our expertise in partnering with strong, founder-led companies to support the next era of All My Sons growth. ”
Charles Santoro, Managing Partner and Founder of Sterling Investment Partners, added, “We are proud of our partnership with Robert and his outstanding team, who have positioned the company well to continue its strong momentum. We are confident that the company has a very bright future and that it will continue to be successful in partnership with Golden Gate Capital. ”
Ropes & Gray LLP and Nob Hill Law Group PC served as legal advisor to Golden Gate Capital. Norton Rose Fulbright acted as legal advisor and William Blair & Company LLC acted as chief financial advisor to All My Sons. Piper Sandler Companies and Harris Williams LLC also served as advisors to the company.
About All My Sons Moving & Storage
For nearly 30 years, All My Sons Moving & Storage has built a solid reputation and won the trust of its customers. The company offers full-service removals for customers and companies on site and across national borders. The first-class services include moving, wrapping furniture with quilts and their dismantling and reassembly, packing and unpacking.
About Golden Gate Capital
Golden Gate Capital is a San Francisco-based private equity investment company with accumulated committed capital of over $ 19 billion. Golden Gate Capital’s principles have a long and successful history of investing in a wide variety of industries and types of transactions, including going private, business disposals and recapitalizations, and debt and public equity investments. Notable multi-unit consumer investments sponsored by Golden Gate Capital include Tidal Wave Auto Spa, The Learning Experience, and Mavis Express Tire Services. More information is available at www.goldengatecap.com.
About Sterling Investment Partners
Sterling Investment Partners is a private equity firm that has invested in and built medium-sized companies for over 30 years with a highly experienced, coherent team of senior investment professionals. Sterling focuses on value-adding sales and business services, acquiring companies that it believes have strong, sustainable competitive advantages and significant value opportunities. Throughout its history, Sterling has completed over 180 transactions with a gross deal value of $ 19.4 billion. www.sterlinglp.com
