Facilisgroup Acquired by Elysian Capital
SAINT LOUIS, MISSOURI, November 2018 – Facilisgroup announced today that it has been acquired by Elysian Capital LLC, a private equity firm based in London, UK. Headquartered in St. Louis, with offices in Ottawa, Ontario, Facilis will continue to operate as Facilisgroup under the strategic leadership of Dan Rochette (Founder), Martin Weber (CBDO) and Chuck Fandos (CEO).
This acquisition is an important next step in Facilisgroup’s growth and evolution. “Over the past year, we have built a firm relationship with Elysian as an investor in Brand Addition,” the business that acquired GatewayCDI from Fandos in 2016. “Elysian shares our vision for Facilisgroup and mirrors our mission to help our Partners be ever more competitive and successful” said Fandos.
This acquisition will enable Facilisgroup to ramp up its enterprise-scale growth plans and will be an important development for its Distributor Partners – as they will benefit from accelerated investment and service enhancements.
Tom Falcon, Chairman of the Pebble Group and Operating Partner of Elysian Capital LLP said, “we are really excited about our investment in Facilisgroup, our second in the industry. In Facilis we see a committed and extremely capable team, who helps their terrific community of Partners grow via their industry leading technology and supplier partners.”
Elysian is also announcing the formation of the Pebble Group – which will focus on the promotional sector. While retaining their separate brands, growth strategies and management teams, Facilisgroup and Brand Addition will both become a part of this new entity. There are a number of exciting opportunities for Facilisgroup and its Partners under common ownership with Brand Addition given the group’s combined business spend, enhanced geographic presence and continued investment in technology.
The financial details of the acquisition were not disclosed.
Facilisgroup is dedicated to delivering business growth for the promotional products industry. By focusing on three distinct principles – Community, Technology, and Supply Chain, Facilis has become the market-leading consulting and technology services provider. Facilis Partners receive software and business services along with marketing programs, buying leverage, best practices consulting, graphics services and more – all under their own brand identity. Facilis leverages its industry expertise and leading edge technology to deliver significantly increased sales, improved profits, and reduced operating expenses for its Partners. Facilis is headquartered in St. Louis, MO, with offices in Ottawa, Canada.
About Elysian Capital LLP (www.elysiancapital.com)
Elysian Capital is an independent private equity fund specializing in the UK lower mid-market. The management team combines entrepreneurial and business operational competence with an experienced private equity and leveraged debt capability, providing the full range of skills needed to make and develop successful investments in Elysian Capital’s target markets.