Riveria backed TLK combines with Results Group in sale to One Equity Partners

Riveria backed TLK combines with Results Group in sale to One Equity Partners

Old Greenwich, CT, November 6, 2015 — Extending its string of realizations, Clearview Capital Fund II, LP (“Fund II”) today announced the sale of its interest in The Results Companies, LLC (“Results”) to an investor group led by One Equity Partners, in a transaction that resulted in the merger of Results and TLK Group, LLC (“TLK”).

Based in Fort Lauderdale, FL, Results is an international provider of customer experience management solutions primarily for Fortune 500 companies in a variety of industries, including the consumer, telecommunications, healthcare and other sectors. The company provides its services through an international network of contact centers in North America, Central America and the Philippines employing over 11,000 team members.

“Results has grown rapidly and consistently during our nearly five year partnership”, said Bill Case, Partner of Clearview Capital. “Through the efforts of our terrific leadership team, Chairman Robert Rapp, President and CEO Alec Brecker and CFO Angelo Gencarelli, revenue more than doubled and EBITDA more than tripled during our ownership period.”

“Clearview has been instrumental in supporting our growth, including sponsoring our management buyout of the business in 2010 and providing strategic guidance as well as capital to finance a nearly 300% increase in our operational capacity during the past five years”, said Alec Brecker, President and CEO of Results. “We are excited to be entering a new phase of growth with our merger with TLK and appreciate the contributions Clearview has made to get us to this point.”

“Having achieved our growth objectives, it was time to realize our investment in Results”, said Calvin A. Neider, Co-Founder and Managing Partner of Clearview Capital. “Results is the seventh exit of eleven total platforms in Fund II, demonstrating our commitment to the return of capital to our limited partners.”

Robert W. Baird & Co. served as financial advisor and Loeb & Loeb, LLP served as legal advisor to Results.

Clearview Capital’s other holdings include Advanced Medical Personnel Services, Inc., a provider of nationwide healthcare staffing solutions; Xcellence, Inc. d.b.a. Xact Data Discovery, a provider of discovery and data management services; Northwest Cosmetic Laboratories, LLC, a formulator and manufacturer of cosmetic and skin care products for prestige brands; Novik, Inc., an innovator, manufacturer and distributor of polymer building products; St. Croix Hospice, LLC, a provider of high quality, palliative care for hospice patients; QC Supply, LLC, a wholesale distributor to the swine and poultry markets; GCR, Inc., a professional services firm delivering technology solutions to governmental and commercial clients; Child Health Holdings, Inc. d.b.a. Pediatric Health Choice, the country’s largest provider of prescribed pediatric extended care (“PPEC”) centers for medically complex children; Pyramid Healthcare, Inc., a provider of substance abuse and mental health treatment programs for adults and adolescents; and Active Day/Senior Care, Inc., the country’s largest operator of adult day health centers.