MERIDIAN CAPITAL ADVISES ACCELALPHA ON ITS RECAPITALIZATION BY CENTURY PARK CAPITAL PARTNERS

HomeMERIDIAN CAPITAL ADVISES ACCELALPHA ON ITS RECAPITALIZATION BY CENTURY PARK CAPITAL PARTNERS

    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 of Accelalpha

    ABOUT ACCELALPHA INC.

    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.

    For additional information, please contact one of the members of the transaction team:

    Patrick Ringland
    Managing Director
    pringland@meridianllc.com
    (206) 224-6155
    Tony Richardson
    Director
    trichardson@meridianllc.com
    (206) 582-3891
    Benton Sturt
    Senior Associate
    bsturt@meridianllc.com
    (206) 224-6159

    ABOUT MERIDIAN CAPITAL

    Meridian Capital, a Seattle-based M&A advisory firm, has served as a trusted advisor to business owners on complex corporate finance, M&A and strategic challenges for over 25 years. The firm differentiates itself through its deep industry insights, highly customized service approach, and end-to-end commitment to execution delivering exceptional results.  With a unique combination of financial, transactional and operation professionals on your side, Meridian offers the depth and breadth of experience required to serve leading middle market companies in multiple sectors including aerospace and defense, consumer, diversified industrials, food and beverage, manufacturing, and technology.  Meridian also offers clients unparalleled cross-border capabilities through its Global M&A Partners network.