Coil Partners Announces Growth Equity Investment for Insight Genetics, Inc. and Corporate Sale of Monk Development

Coil Partners is pleased to announce the successful completion of two financial advisory engagements, Insight Genetics, Inc. and Monk Development.

Headquartered in Nashville, TN, Insight Genetics is a full service precision healthcare company offering a combination of cancer diagnostic products and patient treatment services designed to assist oncologists and clinicians in identifying the specific genetic drivers for a patient's tumor and selecting best treatments, including monitoring patients for drug effectiveness. Coil, in alliance with The Bethesda Group, was retained to assist in structuring and negotiating a convertible note investment on behalf of an investor group.

Monk Development, Inc., headquartered in San Diego, CA, is a SaaS based technology solutions provider for churches and ministries looking to leverage technology to grow and build their ministry. Monk's web and content management solutions help churches do ministry online with applications such as community networking and online giving. Optivest IB was retained by the Company to advise the three founders related to strategic options, which ultimately led to a corporate sale to Ministry Brands.

These transactions exemplify Coil's commitment to developing customized client solutions. Whether our engagements are transaction based such as capital formation and mergers & acquisitions or advisory based such as strategic and financial advisory, our team is experienced and capable in helping define our client's needs and executing results.

Optivest Foundation on OCBJ’s Private Foundations List

(As reported in the Orange County Business Journal, September 7, 2015): “…Dana Point-based Optivest Foundation is the only newcomer to the list. It made $604,058 in total contributions last year, with $302,497 of that given to Orange County charities. Optivest is ranked No. 25. It was founded in 2007 and is funded by 10% of the gross revenue of Optivest Inc., Optivest Properties LLC, and Coil Partners, according to the foundation’s website. It has invested more than $2.3 million in local and international areas since 2007.

Trish Van Mourick, who founded the Optivest Foundation with her husband, Mark, said the rise in contributions can be attributed to the Optivest companies’ increased profitability in recent years. The foundation donates mostly internationally, with some local giving, and to Christian-based causes.

‘We have multiyear projects in Rwanda, Zambia, and India, and focus on projects that will be sustainable in the future,’ Van Mourick said. ‘We are passionate about international projects because we really see our investment dollars go so much further.’ One of the current projects listed on the foundation’s website is the Freedom Climb, an annual event when women from around the world climb Mount Kilimanjaro to ‘raise global awareness, prayers, and funds for women and children who are oppressed, enslaved, exploited, and trafficked throughout the world.’ ” CLICK HERE TO READ FULL ARTICLE

Coil Partners Announces Growth Equity Financing for CVE Technology Group, Inc.

Coil Partners is pleased to announce the successful completion of a growth equity financing for its client, CVE Technology Group, Inc. ("CVE"). Acting as the Company's exclusive financial advisor, Coil was responsible for structuring, negotiating and closing the transaction.

Headquartered in Allen, Texas, CVE is an industry leading high volume provider of carriergrade repair and refurbishment solutions for smartphones and mobile devices for industry leading OEMs, wireless carriers, major retailers and resellers. CVE specializes in the repair and refurbishment of both Android and Apple smartphones for in and out of warranty repair and exchange programs, customer insurance and extended warranty claims.

Leveraging its proprietary manufacturing capabilities along with favorable industry trends, CVE has rapidly expanded its customer base, unit volumes and earnings growth and in turn, its need for growth capital.

Advising both senior management and the Company's founder and owner, Coil was successful in sourcing CVE's first institutional capital raise with Bison Capital, an industry leading private equity firm focused on minority investments in middle-market companies. The completion of this financing along with capital from its commercial lender represents a significant milestone for the Company and its senior management team and positions CVE to further pursue its expansion and sales growth objectives.

Coil Partners Announces Corporate Sale of FEX DMS to DealerSocket

Coil Partners is pleased to announce the sale of its client, Finance Express, LLC, (aka FEX DMS) to DealerSocket, an industry leading provider of business and CRM software solutions for automotive dealerships world-wide. Acting as FEX DMS' exclusive strategic and financial advisor, Coil was responsible for structuring, negotiating and closing the transaction.

Established in 2001, FEX DMS is the first and only fully integrated web-based automotive dealer management system (DMS) that includes an integrated loan-servicing platform designed exclusively for the independent car dealer market. Positioned to become the de facto industry standard business portal, FEX DMS' SaaS delivered DMS is a best-in-class end-to-end technology solution that seamlessly supports all critical dealer functions related to inventory management, loan servicing and portfolio management for "buy here pay here" dealer models, and customer-to-lender approval and electronic payment processes.

Advising both the Company's owners and senior management, Coil successfully negotiated a transaction through a parallel marketing process that included select institutional investors and strategic buyers. The completion of this transaction represents a significant milestone for both the Company and its senior management team. "We are pleased with the opportunities to more aggressively promote and distribute our best-of-industry dealer management software as part of DealerSocket," said David Huber, President and CEO of Finance Express. "Coil played a valuable role in negotiating and structuring the transaction while advising me and our team through the process." For more information about our client, visit www.fexdms.com.

Coil Partners Announces TS Restaurants Valuation Analysis and Financial Advisory Services

We are pleased to announce the successful completion of our valuation analysis and financial advisory services for the largest minority shareholder group of TS Restaurants.

TS Restaurants is comprised of 13 upscale-casual waterfront restaurants located in Hawaii and California and operate under the concept names of Duke's, Duke's Beach House, Hula Grill, Kimo's, Leilani's on the Beach, Keoki's Paradise, Jake's Del Mar, Sunnyside Restaurant and Lodge, and Sandy's Beach Grill. The TS Restaurant Companies' focus and key to their success is in their people with the spirit of Aloha.

Advising the family of the Company's late cofounder, Coil completed a valuation of TS Restaurants and related entities. The valuation and our advisory services supported the process leading to the buyout of the minority ownership interests among the family. Patty Thibaut, wife of the late co-founder Rob Thibaut, stated, "the family is really excited to move forward with the new plan. Having my children take over my shares has always been my dream. Now that they are back in the TS future, I believe everyone will benefit." The completion of this transaction represents another milestone for Coil Partners as we continue to deliver transaction based advisory services that address a range of corporate finance options including growth financings, recapitalizations, mergers & acquisitions, valuations, financial advisory and independent sponsored buyouts.