Investments
Headquarters
Orlando, FL
Leadership
Frank Pinder, CEO
Date of Investment
July 2010
Status
Exited (March 2016)
Structure
Shared-control with another sponsor and with significant management ownership
Company Profile
Provides workers’ compensation fraud and investigation services for large companies, insurers and third-party administrators. GlobalOptions’ proprietary GlobalTrack software allows customers to aggregate their data and better manage their operations. Its blue-chip customer base provides a stable platform for growth in a fragmented multi-billion dollar industry.
Industry
Insurance Services / Software
Transaction Type
Corporate divestiture
Balmoral Opportunity
Balmoral partnered with the management team of a division of a microcap public company that had sought to liberate the business unit from its parent and grow its business, which enjoys attractive contribution margins.
Date of Investment
June 2013
Status
Active
Structure
Majority, in Shared-Control Structure
Company Profile
Operator of the world’s first plastic pallet rental service featuring lightweight, 100% recyclable plastic pallets with embedded radio frequency identification (RFID) technology. The company’s plastic pallets and integrated technologies yield significant savings for product manufacturers (of beverages, foods, pharmaceuticals, agriculture, etc.) and their customers who receive such products (e.g. retailers).
Industry
Logistics / Mobile Assets
Transaction Type
Turnaround followed by growth investment in 2019
Balmoral Opportunity
Partnered with experienced and successful operators and a private equity firm (whose foreign affiliate had manufactured 10 million pallets that iGPS has purchased) to acquire the only U.S.-based plastic pallet rental/pooling business. The new management will implement strategies focused on greater logistics efficiency, faster velocity of the assets in use and lower loss/damage rates.