Case Study
Front Porch Partners' Previous Work With Captionmax
In August of 2017, Front Porch Partners (FPP) acquired Captionmax from its founder who sought to retire. FPP’s goal in the transaction was to build upon the strong existing company culture and to focus on growth through strengthening systems and processes and reinvigorating the sales organization. FPP’s approach was to provide career growth opportunities for existing staff and selectively augment with targeted external hires.
2017
2018
2019
2020
2021
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FPP acquired Captionmax (Revenue ~$10mm / 95 Employees)
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Number of displace employees following acquisition: 0
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Numerous investments in technology to improve visibility/reporting, scalability and security.
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Revamped marketing and started to build team.
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Selective additions to sales team and focus on sales-oriented culture
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Relocated and built-out new production facilities in Los Angeles and Minneapolis
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Continued investment in technology and service enhancements
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Navigated through pandemic and work from home environment (~110 employees)
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Paid off all acquisition related debt
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Acquired National Captioning Canada (Revenue $<6mm USD)
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Enhanced NCC’s brand with additional service offerings and investments in technology
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Number of displace employees following NCC acquisition: 0
2021
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Successful exit with sale to PE backed strategic (>19% Revenue CAGR)
