Technology
Meridian Capital Advises Accelalpha On Its Recapitalization By Century Park Capital Partners
Published April 16, 2020
FOR IMMEDIATE RELEASE // SEATTLE, WASHINGTON
Meridian Capital LLC, a Seattle-based middle market capital sourcing and M&A advisory firm is excited to announce the successful recapitalization of its client, Accelalpha, Inc. (“Accelalpha”) by Century Park Capital Partners (“Century Park”).
Accelalpha is a premier business and IT consulting firm providing services across a breadth of industries including retail, technology, automotive, and aerospace and defense. The Company primarily focuses on providing end-to-end enterprise solution implementation services. With offices in the U.S., India, and Europe, Accelalpha has established a market-leading position across multiple practice areas serving blue-chip clients around the world.
Patrick Ringland, Managing Director and Head of the Technology Practice at Meridian Capital, stated, “Working with Ganesh and the Accelalpha team has been an absolute pleasure. They have built out deep practice areas and executed their strategic initiatives brilliantly, earning them a deserved, market-leading position. We’re thrilled with the outcome for the shareholders and look forward to seeing what the Company can achieve in its next chapter.”
This transaction represents continued momentum for Meridian’s Technology and Business Services Practices. Other recent transactions include QC Data’s acquisition by EN Engineering, Growlr’s acquisition by the Meet Group, and two undisclosed acquisitions.
“Meridian Capital has served as a valuable advisor over the past few years and played a critical role in attaining a successful result. The team remained unwavering in its dedication to achieve the best outcome for shareholders. Their experience navigating and negotiating the details and complexities of the transaction proved invaluable. We are very proud of what we have achieved up to this point and look forward to the next phase of our Company’s growth story alongside Century Park.”
Nat Ganesh, CEO and Founder
Accelalpha
About Accelalpha
Accelalpha is a premier business and IT consulting firm providing services across a breadth of industries including retail, technology, automotive, and aerospace and defense. The Company primarily focuses on providing end-to-end enterprise solution implementation services. With offices in the U.S., India, and Europe, Accelalpha has established a market-leading position across multiple practice areas serving blue-chip clients around the world.
“Only launching four years ago, nutpods has quickly established itself as the premier brand in the plant-based coffee creamer space. Madeline, its founder, has proven to be a true pioneer in dairy-free products that resonate with consumers. Meridian Capital is proud to have represented nutpods and believes VMG will be a phenomenal partner in supporting its continued growth across new product formats and distribution channels.”
Michael Barber, Managing Director
Meridian Capital
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About Meridian Capital
Meridian Capital LLC is a leading independent middle market M&A advisory firm with locations in Seattle, Salt Lake City, the Bay Area, and Portland. Meridian has served as a trusted advisor to business owners on complex corporate finance, M&A and strategic challenges for over 29 years. The firm differentiates itself through its deep industry insights, highly customized service approach, and end-to-end commitment to execution. With a unique combination of financial, transactional, and operational professionals on your side, Meridian offers the depth and breadth of experience required to serve leading middle market companies in multiple sectors including aerospace defense & space, food, beverage & agribusiness, business services, consumer, diversified industrials, engineering & construction, building products, technology, and telecommunications. Meridian also offers clients unparalleled cross-border capabilities through its REACH M&A Partners network.
