in a large number of transactions
across a wide spectrum of industries
FORT LAUDERDALE, Fla. (January 9, 2019) – Farlie Turner & Co. (“Farlie Turner”), a leading investment bank serving middle market clients, is pleased to announce that it served as exclusive advisor to BrightGauge Software, Inc. (“BrightGauge”) in its sale to Continuum Managed Services, LLC (“Continuum”), a portfolio company of Thoma Bravo, LLC. Terms of the transaction were not disclosed.
BrightGauge was founded in 2011 to meet the needs of small to medium-sized IT service providers as they sought to better manage their data and demonstrate the value of their work to clients. BrightGauge’s software solutions have allowed thousands of MSPs to view all of their important business metrics in one place, leveraging data from a full range of popular channel solutions including the Continuum platform.
“Farlie Turner proved to be a valuable advisor to my brother and me in a very fast moving process,” stated BrightGauge Co-founder and Chief Executive Officer, Brian Dosal. “They provided great guidance from beginning to end, worked diligently to facilitate the closing of the transaction on a tight timeline and delivered a tremendous result for our family.”
“We enjoyed working with Eric and Brian on the transaction and delivering an incredible outcome for them and their company,” commented Managing Director, Mike Turner. “We believe that BrightGauge is well positioned to continue its rapid growth and expansion under Continuum going forward.”
The BrightGauge transaction team was led by Managing Director Mike Turner and Director Daniel Vetrano, with Chris Henry also playing a key role. The transaction represents another successful transaction for Farlie Turner’s technology-enabled business services practice.
About Farlie Turner
Farlie, Turner & Co., LLC, and its affiliate Bayshore Partners, LLC, a broker-dealer registered with FINRA, provide merger and acquisition, private placement and financial advisory services to middle market companies. Please visit www.farlieturner.com for more information.