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Completed Transactions > Business Services > Records Consultants has been acquired by FDG Associates

Records Consultants has been acquired by FDG Associates

Records Consultants Inc

Date

Jan 2009

Region

Texas

Records Consultants, Inc., RCI Technologies, Inc., and RCI Appraisal Company provides information management products and services to the public sector, including records retention management, property appraisals, fixed asset inventory management services and software, and historical cost research for state and local governments, primarily consisting of school districts, cities, counties, hospitals, and institutions of higher education. Through the use of proprietary software, the Company provides fixed asset inventory management (51% of sales), records retention management (36%), insurance appraisals (7%), and customer support (4%), and barcode scanners (2%) for over 1900 accounts throughout the US. Our Client is the only known company in the country that processes inactive records for the public sector in accordance with each state’s records control schedule.

A group of private investors headed by Mr. D and Mr. K, both Principals at the Manhattan-based Private Equity Group, FDG Associates. About Generational Equity Generational Equity is one of the nation’s leading middle-market mergers and acquisitions companies, providing private business owners with the information and expertise they require to exit their business successfully. A unique, four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability combine to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business.

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