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

Leading in Times of Change: How to Inspire Your Employees
Read More
Importance of Hiring the Right Staff: Cut Costs, Drive Growth
Read More
Vendor Management Issues: Mitigate Third-Party Risks
Read More
Market Expansion Strategy: Grow Past Existing Channels
Read More
Understanding ERP Vendor Tiers: Which Tier Is Your Business?
Read More
How to Succeed During a Recession: A Business Owner's Guide
Read More
Are We Heading Towards Another Recession?
Read More
SBIA Congratulates Grayhawk Capital and Valesco Industries, SBIC of the Year Award Recipients
Read More
Buying Out a Business Partner: Everything You Need to Know
Read More
Sell Business Online: Guidance, Methods, Advantages, and Risks
Read More

Named Founder Friendly Investors 2021 by Inc.