FOR IMMEDIATE RELEASE
June 27, 2017
Richmond, VA – Transact Capital Partners is pleased to announce that Management Solutions Plus, a Rockville, MD, association management company, has been acquired by Shawn McLaughlin. Transact Capital Partners served as the exclusive financial advisor to Management Solutions Plus and Mr. McLaughlin. Fred Doster advised MSP and George Sydnor advised Mr. McLaughlin.
Management Solutions Plus was founded in 1993 by Beth Palys with a mission to provide the highest level of professional management services possible to membership associations and non-profit organizations. The Company’s operating philosophy is built upon strong partnerships, enthusiastic service, cost-conscious practices, expert solutions and outstanding expertise. MSP is one of 82 firms accredited under the ANSI/AMC Institute’s Standard of Good Practices for the Association Management Company industry.
According to Beth Palys: “My goal was to identify someone who shared my deep commitment to quality service and relationships with our clients as well as a commitment to our staff. Shawn completely satisfies that goal.”
Shawn McLaughlin will operate MSP under McLaughlin MSP, Inc. George Sydnor has been an advisor to Mr. McLaughlin for several years and brought this investment opportunity to him. Mr. McLaughlin said: “The Transact team of Fred Doster and George Sydnor provided a very accurate portrayal of the opportunity and helped guide the process from start to finish. Every question I had was addressed and they kept the process moving in an efficient manner. I am truly pleased with the outcome”
Transact Capital Partners is a full-service mergers and acquisitions advisory, business brokerage, and valuation firm headquartered in Richmond, VA, with offices in Roanoke, VA, Lexington, KY, and Orlando, FL. Transact focuses on the needs of privately held companies in the lower middle market with enterprise values under $100 million. With extensive experience in owning, running, and investing in private companies or divisions of public companies, the firm’s principals are able to assist many business owners exit their companies or explore other opportunities. Securities and investment banking transactions are offered through Transact Capital Securities, LLC. Member FINRA and SIPC.
To learn more about this transaction, or Transact Capital Partners, please call Fred Doster at 859-223-8157 (Fred@TransactCapital.com), George Sydnor at 540-397-3019 (George@TransactCapital.com) or contact Steve Zacharias at 804-612-7102 (Steve@TransactCapital.com). Additional information about Transact Capital Partners can be found at www.TransactCapital.com.