Private Equity Invests in Business Development Resources
Image courtesy of Business Development Resources Inc.
SEATTLE, Wash. — Business Development Resources Inc. (BDR) has partnered with Southfield Capital, a private equity firm.
BDR provides business coaching and training to field-service contractors and distributors. The company helps founder-owned businesses build sustainable companies through a broad portfolio of coaching services focused on strategy, accounting, and marketing, a press release from BDR said.
As part of Southfield Capital's investment, BDR acquired BxB Media, a longtime marketing partner.
“We are excited to partner with Southfield and believe this partnership will enable BDR to accelerate growth and expand our reach and capabilities for our clients. From the beginning of this process, it was clear the Southfield team aligned with our organization both culturally and in their strategic vision,” said Bruce Wiseman, a BDR co-founder. “Southfield’s proven track record of building exceptional growth businesses makes us confident we will successfully expand our core markets while maintaining our position as a leading coaching and training organization with a winning culture. We will continue to provide best-in-class service to the home service industry, driving exemplary results for our clients.”
“We are pleased to partner with Bruce and the BDR team,” said Chris Grambling, principal at Southfield Capital. “They have built a tremendous business over their 25-year history and have numerous growth opportunities that Southfield is ready to assist with. With BDR’s impressive team and client base, alongside an industry-best curriculum, we believe there is a very exciting road ahead."
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