Jeff Drazan Private Equity Firm, Bertram Capital Wins Ps (b-to-b) Deal Of The Year

By Author: Amit Kothiyal
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Procon/Enfotrace Transaction Awarded Professional Services Deal of the Year from The M&A Advisor
Bertram Capital, is pleased to announce that their February 2011 acquisition of Procon/Enfotrace was selected as a winner of the Professional Services (B-to-B) Deal of the Year at the 10th Annual M&A Advisor Awards. Bertram Capital, a private equity firm based in San Mateo, CA and founded by Jeff Drazan was recognized at the Gala ceremony on December 13th at the New York Athletic Club. Since 1998, The M&A Advisor has been facilitating connections between and recognizing achievements of leading mergers and acquisitions, financing and turnaround professionals around the world.

“Bertram Capital represents the best of the M&A industry in 2011 and earned these honors by standing out in a group of very impressive finalists,” said Roger Aguinaldo, CEO and Founder of The M&A Advisor. Bertram’s transaction was chosen from 389 nominations and over 500 participating companies to receive their award. An independent ...
... body of expert judges that span the M&A industry determined the ultimate recipients of the awards.

“Bertram Capital is honored to be recognized by The M&A Advisor as the winner of the Professional Services Deal of the Year Award,” said Jeff Drazan, Managing Partner. “Our acquisition of Procon/Enfotrace highlights the differentiated capabilities Bertram Capital brings to the middle market: superior transactional resources that enable us to complete complex deals quickly and with certainty, a growth focused approach to building businesses in partnership with management and our strong relationships within the investment banking community, in this case with Morgan Joseph. From sourcing to executing a complex transaction, the Procon/Enfotrace deal reflects the distinctive strengths of the Bertram Capital team.”

Along with recognizing Bertram Capital’s efforts in combining these two businesses to create a true market leader, the award also honors all of the firms who assisted with the diligence and closing of this complex transaction, including: Morgan Joseph, McGladrey, Egerton McAfee, Armistead & Davis, PC and Wilson Sonsini. “This transaction required a first-rate team of advisors to navigate the complexities associated with this deal. Under the leadership of Jared Ruger, the entire transaction team worked tirelessly to ensure a smooth and successful closing,” said Jeff Drazan.

About Procon

Headquartered in Knoxville, TN, ProconGPS is the industry leader and world’s largest provider of mobile resource management products and services to the subprime automotive finance industry. Solutions from ProconGPS reduce the costs, complexities and risks associated with managing mobile assets. ProconGPS currently has over 700,000 GPS tracking units in service throughout the US, Canada and Mexico. For more information, visit www.proconmrm.com

About Enfotrace

Enfotrace is one of the fastest growing companies in the subprime automobile finance industry. The company is headquartered in Irvine, CA, and currently has over 300,000 units deployed throughout the U.S., Canada and Mexico. For more information, visit www.enfotrace.com