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

7 Strategies for Executive Hiring: Find and Hire the Right Fit
Read More
The Benefits of Giving Customers Fewer Options
Read More
How E-commerce & D2C Offerings Create a Competitive Advantage
Read More
Building an Enduring Organization that Stands the Test of Time
Read More
5 Proven Strategies for Winning the Long Sales Cycle
Read More
The Best Questions to Ask C-Level Executive Candidates
Read More
When Is C-Level Recruiting a Good Idea for Business?
Read More
5 Team Meeting Agendas to Enhance Communication and Results
Read More
Grow Your Business with 11 Operational Efficiency Strategies
Read More
Sustainable Productivity: Managing for Long-Term Success
Read More

Named Founder Friendly Investors 2021 & 2022 by Inc.