Strength Capital Completes Recapitalization of ARCH Global Precision LLC
Birmingham-based Strength Capital Partners, LLC is proud to announce it has completed a $96 million equity recapitalization of ARCH Global Precision LLC. The recapitalization was completed to provide equity investors with liquidity and also to support future acquisitions. Since its formation in late 2011, ARCH Global Precision has grown from $8.8 million of EBITDA to $26.4 million through organic growth and strategic acquisitions. Original investors in ARCH Global are expected to receive a multiple of invested capital of 6.3x in a hold period of less than four years. In addition to providing liquidity to the original ARCH investors, new institutional and individual investors made investments into the ARCH platform. Strength Capital Partners will continue to be the lead equity sponsor in the ARCH Global Precision platform and intends to continue the existing acquisition strategy.