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Classified in: Science and technology, Business
Subject: TNM

Lincoln International represents Versa Capital Management in its sale of BCC Software, LLC to Thompson Street Capital Partners


NEW YORK, Oct. 18, 2017 /PRNewswire/ -- Lincoln International ("Lincoln"), a leading global mid-market investment bank, is pleased to announce that BCC Software, LLC. ("BCC Software" or the "Company"), a portfolio company of Versa Capital Management, LLC ("Versa"), has been acquired by Thompson Street Capital Partners ("TSCP"). The terms of the transaction were not disclosed.

Lincoln International represents Versa Capital Management in its sale of BCC Software, LLC to Thompson Street Capital Partners

Based in Rochester, New York, BCC Software is a premium provider of USPS-certified mail preparation software with integrated functionality to correct address data, perform matching and consolidation and to sequence mailing lists for maximum postal discounts, through on-premise, cloud-based and API solutions. Annual data subscriptions, purchased along with the software, provide updates to postal directories that keep address information complete, current and correct.  The Company's solutions enhance direct mail processing and facilitate efficient, cost-effective multi-channel marketing.

"We very much enjoyed working with the excellent team at BCC Software and Versa on this important transaction, and are excited to watch BCC Software continue to develop its market leading position under the ownership of TSCP," said Scott Twibell, Managing Director and Co-Head of Technology, Media & Telecom at Lincoln International.

"Lincoln's software industry knowledge, execution expertise and access to key decision makers were critical throughout the sale process.  In addition, their ability to convey the Company's unique business model and sustainable competitive advantages to potential investors was instrumental in driving a successful outcome," stated Gregory Segall, Chairman and CEO of Versa.

Lincoln International acted as the exclusive financial advisor to Versa and BCC Software, working closely with the management team and shareholders throughout the sale process. This included providing M&A and industry expertise, as well as managing the preparatory, marketing, negotiation and due diligence phases of the transaction.

About BCC Software, LLC
Based in Rochester, NY, BCC Software creates innovative postal software solutions and provides extensive data marketing services. The company was founded in 1978 and employs approximately 80 people.

About Versa Capital Management, LLC
Based in Philadelphia, Versa Capital Management, LLC is a private equity investment firm with more than $1.4 billion of assets under management focused on control investments in special situations involving middle market companies where value and performance growth can be achieved through enhanced operational and financial management. Versa has a diverse portfolio of North American businesses including Allen-Vanguard International, Avenue Stores, BridgeStreet Global, Polartec, SynCardia Systems and Silver Airways.

About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and joint ventures and partnering advisory services on a wide range of transaction sizes. With nineteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com.

Media Contact: Heidi Becker
[email protected]
(312) 506-2739

 

SOURCE Lincoln International LLC


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