$2.5M
Invested to Build a New, World-Class Facility to Support Growth and Enhance Culture
$2.0M
Invested In a New ERP Platform to Facilitate Growth and Efficiency
8.5
Customer Satisfaction Score Out of 10
Management Team Looking For a Partner to Support Growth
Background
Gila Corporation provides back-office services to government agencies on a local, state and federal level. Gila was owned by a passive family and had gone through a management transition. At the time of ORG’s introduction to Gila in 2009, certain executives were retiring from the Company and some shareholders wanted to sell their positions. Additionally, the management team wanted to increase their ownership and reinvest their proceeds, and have a partner to support their growth.
Solution
As a result, ORG provided the capital to facilitate the transaction and worked with management to ensure a successful transition in 2010. In addition to allowing the management team to reinvest, ORG establish an ownership pool for the executive team and increase management’s ownership significantly.
Key Initiatives
Provided significant ownership to key management
Relocated the company to a new, state-of-the-art facility
Invested in a new cloud-based technology platform to better serve customers
Constructed strong Board of Directors and aligned incentives for management and ownership
Five
Worked with CEO to establish world-class management team and recruited CTO
ORG Involvement
During our investment, the Company invested over $2.5 million to build a new, world-class facility to support its growth. We also invested over $2 million in a new ERP platform, significantly upgrading the Company’s technology platform. The Company also added a Chief Technology Officer and VP of Sales to its management team while also expanding its sales force.
