April 30, 2019 – Quality Built, LLC (“Quality Built” or the “Company”), a leading tech-enabled provider of third-party quality assurance and related construction inspection and risk management services, has announced a majority recapitalization transaction led by Gallant Capital Partners (“Gallant”), a Los Angeles based investment firm. Clear Capital Advisors (“Clear Capital”) served as the exclusive financial advisor to Quality Built.
“Quality Built is a data centric and tech-enabled company that has an unmatched ability to quantify risk in construction. The Company is well positioned to expand on its leadership position with Gallant as its partner.” said Karan Kapoor, Managing Director of Clear Capital Advisors.
Bruce Pompan, Founder and Managing Partner of Clear Capital, commented, “We are pleased to announce another transaction in the tech-enabled services sector and a key transaction in the real estate tech vertical, an important area of strategic focus for our firm. Brian Kramer and Beth Michaelis have built an incredible business and it was our privilege to secure the right financial partner as they enter the next chapter in the business.”
“Clear Capital provided outstanding guidance and worked relentlessly through the close to meet our objectives,” commented, Brian Kramer, CEO of Quality Built. “We are excited to enter into the next phase of growth for Quality Built and continue to expand our platform and offerings to provide the highest level of quality assurance to our customers, including many of the largest home builders in the U.S.”
About Quality Built
Quality Built is the nation’s leading provider of Quality Assurance in the residential construction industry. Quality Built’s robust tech platform includes QB Builder Link, proprietary software for data collection, analysis, tracking, and reporting and QBIN, the largest database of construction quality standards and guidelines. The Quality Built platform enables risk mitigation in the construction process, accelerates the time to market for construction projects, and gives clients the means to track and monitor the status of each project. The company was founded in 1994 and is primarily based in Fort Lauderdale, Florida and San Diego, California with field employees in over 25 states. For more information, visit www.qualitybuilt.com.
About Gallant Capital Partners
Gallant Capital Partners is a private equity firm that makes control investments in technology, industrial and business services companies. Gallant executes on an operationally focused investment strategy with a focus on partnering closely with companies that can benefit from its extensive industry relationships and operating expertise. The firm partners with owners, founders, family-owned companies and management teams to maximize value and long-term, sustainable growth for portfolio companies. Gallant Capital Partners was founded in 2018 and is headquartered in Los Angeles. For more information please visit: www.gallantcapital.com.
About Clear Capital Advisors Clear Capital Advisors is a premier independent investment advisory firm focused on providing mergers and acquisitions advisory and capital raising services to select technology, digital media, technology enabled services and other business services companies. Securities offered through Fallbrook Capital Securities Corp., Member FINRA – SIPC. For more information, visit www.ClearCapitalAdvisors.com.