Bowstring Advises Taos in its Majority Recapitalization by Bunker Hill Capital
September 8, 2015 | Atlanta, GA
Bowstring Advisors (“Bowstring”) served as the exclusive financial advisor to Taos Mountain, LLC (“Taos”), in its recent majority recapitalization by Bunker Hill Capital (“Bunker Hill”), a leading Boston-based private equity investor in lower middle market companies. Based in Silicon Valley, Calif., Taos (www.taos.com) is a leading IT infrastructure consulting and managed services firm that delivers technical and strategic solutions to address challenges throughout a company’s IT lifecycle.
Taos’ expertise in leading-edge technologies and deep knowledge across all infrastructure, cloud operations and data center domains allows the Company to organize its service offerings around the four main stages of the IT lifecycle: Plan (advisory services), Design (development of architecture and solutions), Build (physical or virtual system components), and Run (on-site support and managed services). The Company has assembled a highly knowledgeable and experienced professional team of consultants through its unique, rigorous hiring practices and extensive training programs.
Rufus Clark, Managing Partner of Bunker Hill Capital, said, “Taos is an extremely well-run IT services platform with strong share in the world’s most advanced technology market, the Bay Area. Its customers are extremely loyal and provided the highest net promoter score we’ve ever seen, which solidified our belief that the platform is poised for significant growth in existing and new markets.”
Ric Urrutia, CEO of Taos, said, “We engaged Bowstring Advisors based on their extensive IT services experience, industry knowledge and track record. The process resulted in a closed transaction with a tremendous private equity group that we feel is a perfect fit for our culture and will be an excellent partner for the future of Taos.”
This acquisition was effective August 25, 2015.
We engaged Bowstring based on their extensive IT services experience, industry knowledge and track record. The process resulted in a closed transaction with a tremendous private equity group that we feel is a perfect fit for our culture and will be an excellent partner for the future of Taos.