Sentinel Acquires Total Military Management
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Sentinel Acquires Total Military Management

tmm nf1Sentinel Capital Partners has acquired Total Military Management, a technology-enabled, asset-light provider of relocation services to US military and government personnel. The investment was made in partnership with TMM’s founders.

Total Military Management (TMM) serves the $2.5 billion US military moving and storage industry, which is comprised of approximately 300,000 annual relocations of the 1.3 million active duty US military members and their families.   TMM uses its technology systems, operating infrastructure, and network of service providers to manage the resource-intensive and administratively complex logistical tasks associated with domestic and international military relocations. The company was founded in 2003 by Matt Connell and is based in Jacksonville (www.totalmm.com).

paul murphy nf1“We are excited to partner with Total Military Management and its entrepreneurial management team,” said Paul Murphy, a partner at Sentinel who previously served as an officer in the US Army. “TMM has been on an impressive growth path. Its asset-light model is a highly efficient way to address the ongoing relocation needs of military personnel driven by frequent base-to-base moves, an important aspect of military life. We expect TMM will continue to grow and deliver high quality relocation services for US military personnel and their families.”

Sentinel Capital Partners invests in middle market companies in the United States and Canada in partnership with management. The firm invests in management buyouts, recapitalizations, corporate divestitures, and going-private transactions of businesses with EBITDAs up to $50 million. Sentinel targets eight industry sectors: aerospace & defense, business services, consumer, distribution, food & restaurants, franchising, healthcare, and industrials. The firm is headquartered in New York (www.sentinelpartners.com).

Sentinel has prior experience investing in the business services sector and in companies that provide products and services to the US government. Examples include: Critical Solutions International, a supplier of landmine and improvised explosive device detection vehicles, systems and services to the US and international military services; North American Rescue, a developer and distributor of tactical emergency medical equipment to military and first-responder markets; and ReachOut Healthcare America, a provider of mobile dental services to US Army and National Guard units.

“This investment marks the next chapter in TMM’s growth,” said Matt Connell, CEO and President of TMM. “We welcome Sentinel’s significant experience in helping service businesses drive innovation and revenue growth.”

© 2015 PEPD • Private Equity’s Leading News Magazine • 4-20-15

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