Bregal Partners has made an investment in OmniForce in partnership with OmniForce’s management team and founder.
OmniForce is an athletic event production company that offers turnkey services for delivering athletic fundraising events. Its services include participant marketing and event publicity, participant training and fundraising support, sponsorship sales, and event planning and logistics. In 2013, nearly 50,000 people will participate in OmniForce’s events such as two-day bike rides and walks, 10 km runs, and obstacle course challenges. Since its founding in 2002, OmniForce has raised more than $600 million for its clients, which include numerous hospitals and medical research organizations. OmniForce is based in Los Angeles (no website found).
“We are very pleased to partner with a proven and highly successful management team in expanding OmniForce’s collection of events around the world,” said Robert Bergmann, managing partner and co-founder of Bregal Partners. “OmniForce produces blockbuster events that are unmatched in the industry and we are excited about the growth potential that lies ahead.”
Bregal Partners invests from $25 million to $75 million of equity in companies operating in the consumer, food & retail, energy services and healthcare industries. Target investments generate $15 million to $75 million or more of EBITDA. Bregal Partners is based in New York (www.bregalpartners.com).
“We are extremely pleased to be joining forces with Bregal,” said Brian Pendleton OmniForce founder and CEO. “They bring global resources, financial sophistication and tremendous experience in helping companies like ours advance to the next level. Their support puts OmniForce on a clear path to expand geographies, add events and make strategic acquisitions.”
© 2013 PEPD • Private Equity’s Leading News Magazine • 8-27-13
