ShoreView Completes Latest Business Services Investment
The Partners of ShoreView are pleased to announce an investment in 8020 Consulting, LLC (“8020”).
8020 is a provider of financial consulting services in Southern California. 8020’s consultant base provides services including financial planning and analysis, financial reporting, interim financial management, transaction due diligence support, financial systems implementation, and turnaround/restructuring consulting. 8020 serves a diverse range of end markets, including technology, entertainment, and healthcare.
8020 joins ShoreView’s growing portfolio of business services investments, including Diversified Search, an executive search firm; and Corporate Relocation, an asset-light provider of relocation services.
As a component of its growth strategy, 8020 will actively seek add-on acquisitions of consulting companies with complementary service offerings and opportunities to expand geographically.
8020 represents ShoreView’s fourth platform investment in its latest fund, ShoreView Capital Partners IV, L.P., which was activated in March 2020. All four investments have been in family or entrepreneur-owned businesses. ShoreView partnered with the management of 8020 to recapitalize the business. For more information on 8020 please visit its website at www.8020consulting.com.
About ShoreView
Founded in 2002, ShoreView is a Minneapolis-based private equity firm that has raised over $1.3 billion of committed capital across four funds. ShoreView partners with family and entrepreneur-owned companies across many sectors, including engineered products, distribution, industrial services, business services, healthcare, and niche consumer products. Shoreview structures a variety of acquisition, recapitalization and build-up transactions, typically in businesses with revenues ranging between $20 million and $300 million.