Founders Investment Banking, LLC is pleased to announce that Alpha Capital Partners, a Chicago-based private equity firm, has completed a successful recapitalization of Guntersville Outlet, Inc., operators of a chain of value priced specialty retail stores under the name “Factory Connection.” The original founders and existing management team will continue their leadership in the newly formed entity, Factory Connection, LLC. Founders Investment Banking acted as the exclusive sale advisor to Guntersville Outlet’s shareholders. “This transaction is a great case study for what we see as an enormous opportunity to deliver substantial value to local and regional companies by providing access to funds from the broader capital markets— especially private equity—that enable owners and executives to build shareholder value, realize personal liquidity and achieve their growth plans,” indicated Duane Donner, Managing Director of Founders Investment Banking.
“The Guntersville Outlet shareholders are excited about the personal liquidity we realized, our ownership stake in the new entity and the prospects of partnering with Alpha Capital, who has significant experience in the retail market,” stated Terry Scott, former President and founder of Guntersville Outlet, Inc., and now current President of Factory Connection, LLC. “We believe this transaction places Factory Connection in the best position to take advantage of the opportunities we have in our industry and our geographic footprint. I am pleased that our management team remains intact as we continue to capitalize on the areas of growth we see before us.”