Benchmark International Facilitated the Transaction Between The Fox Consulting Group & SIB
The seller, The Fox Consulting Group, has provided cost reduction services throughout the U.S. since 2003. They save their clients money by negotiating better terms in telecom, utilities, shipping, waste, and merchant services. The Fox Consulting Group provides a high-value service where their clients see an immediate positive result.
The buyer, SIB Fix Cost Reduction, is a market leader in the cost reduction space. This strategic acquisition empowers SIB's growth initiative and expands its capabilities in providing additional cost reduction services to their current and future clients.
O2 Investment Partners, SIB's equity partner, lead the acquisition push. "O2 is very excited to bring the capabilities of Fox Consulting into the SIB platform. The combined team has executed several revenue synergies already. We thank Sean Fox for his faith in the SIB and O2 teams and look forward to growing the platform and continuing to scale the business together." – Shyam Shah, O2 Investment Partners, LLC.
Matthew Kekelis, Transaction Director of Benchmark International, added, "The SIB and O2 teams were a pleasure to work with. Their deal experience became apparent early in the process, and they were the consummate professionals throughout the entire process. We at Benchmark wish them all the best in their future endeavors."
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com
Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com
Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com
ABOUT BENCHMARK INTERNATIONAL
Benchmark International's global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $7B across various industries worldwide. With decades of global M&A experience, Benchmark International's deal teams, working from offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.