Coil Partners Announces Corporate Sale of Enerliance

Coil Partners is pleased to announce the acquisition of our client, ENERLIANCE, INC., by YARDI SYSTEMS. Acting as the Company's exclusive strategic and financial advisor, Coil was responsible for structuring, negotiating and closing the transaction.

Founded in 2005 and headquartered in Irvine, CA, ENERLIANCE is the developer of LOBOS, an intelligent HVAC optimization software solution that is revolutionizing the way comfort systems in large commercial facilities consume energy and participate in automated demand response. As the only fully integrated software solution on the market, the Company's solution improves tenant comfort as it optimizes both the air handling system and chiller plant to deliver energy efficiency (EE), automated demand response (Auto-DR) and fault detection & diagnostics (FDD).

Enerliance has earned numerous industry accolades, including being named to CIO Magazine's prestigious list of the 20 most promising utilities solutions providers for 2013. 

Advising both the Company's owners and senior management, Coil successfully negotiated a transaction that benefited from a parallel marketing process that included both institutional investors and strategic buyers. The completion of this transaction represents a significant milestone for the Company and its senior management team as they partner with Yardi Systems to scale the LOBOS platform. For more information, visit
www.enerliance.com.

Coil Partners Announces Alive Brands Acquisition of Earthbar

We are pleased to announce the acquisition of Earthbar, Inc, a specialty foods and nutritional juice bar, by our client Alive Brands, a consumer-focused private investment firm. Coil acted as the exclusive financial advisor to Alive Brands and was responsible for successfully structuring, negotiating and closing the transaction.

Earthbar was founded in 2007 by Bernie Bubman, a leading innovator in nutrition, pharmacy and health foods. Earthbar develops and delivers healthy living solutions in the form of superfood smoothies, organic cold-pressed juices, nutritional supplements, prepared food and healthy snacks. Earthbar currently operates in 13 locations throughout Los Angeles, including 10 Equinox health clubs. The Principals of Optivest and Alive Brands partnered together to structure and negotiate the acquisition of Earthbar with a plan to collaborate with Earthbar's management group to further develop the Earthbar healthy living solutions concept into a national and global brand with a large-scale retail footprint.

Alive Brands is a consumer retail-focused private equity firm founded by veteran Panda Group restaurant executive, Robert Lustig, along with Arturo Sneider, founder of Primestor Development and Ricardo Sneider, President of One World Apparel. Alive Brands seeks to leverage its domain and operating expertise by investing in and/or acquiring emerging restaurant, retail and food service brands that are not fully developed, yet represent compelling growth opportunities.