Fabian Couture

Valesco Makes Fourth Investment From Fund II With Access DMC

On March 8th, 2018, Valesco Closed Its Fourth Investment From Valesco Fund II


Mar 08, 2018

On March 8th, 2018, Valesco closed its fourth investment from Valesco Fund II. The transaction was a majority buyout of Access Destination Management Corporation, LLC and its affiliates (“Access”), a rapidly-growing experiential marketing/destination management company that designs and implements special events for corporations, associations and incentive travel companies. These single or multi-day programs involve various activities (e.g. events, excursions, recreation, corporate social responsibility, etc.) as well as staffing, transportation and logistics – designed to meet each client’s specifications and goals.

Access provides convenience and comprehensive “access” to the best destinations in North America and around the world. We are proud to support the Company’s mission of providing shared experiences that bring people together which has led to an inspired, recurring customer base.

Chris Lee, who will serve as Chairman Emeritus of Access, added, “The team at Valesco believes in our strategy, our brand, our partners and our vision. They are the ideal group to advance the Access legacy.”

Valesco continues to seek target investment opportunities to provide equity and subordinated debt for control buyout, recapitalization, minority, management buyout and mezzanine situations from Valesco Fund II. Access is a great example of relationship, partnership and creativity to find the best possible outcome for the business, the founding shareholders and Valesco. The company is poised for continued success and we could not be more excited to add Access to our growing portfolio.

Recent News

Streamlining Business Operations with an ERP System
Read More
The Power of Minority Recapitalization: Strategies for Growth
Read More
10 Strategies to Minimize the Bullwhip Effect in Manufacturing
Read More
Unlocking the Power of Capital Investment for Business Growth
Read More
Ultimate Guide to Mergers and Acquisitions in the Business World
Read More
Harnessing the Power of Human Capital for Business Growth
Read More
Valesco Invests in Earthlite – The Third Investment out of Valesco Fund III
Read More
Navigating Minority Interest in Business: A Strategic Overview
Read More
How to Prepare a Business Sale Confidentiality Agreement
Read More
Effective Strategies to Attract and Retain Employees
Read More