05|01|2008
CBLH Attorneys Assist in Formation of Cordjia Fund and Financing of Transactions
Matthew M. Greenberg and Charles T. Williams, III, members of the firm’s Business Law Group, have served as lead advisor in connection with the formation of Cordjia, a Delaware-based private equity firm established by four former MBNA Corp. executives.
CBLH also represented Cordjia in its investment in GOLIATH Solutions, a marketing intelligence company that measures consumer response to in-store promotional displays, signs and merchandising fixtures by integrating sales data with in-store display execution and location information. Cordjia served as the lead equity investor in a $27 million equity and debt investment in GOLIATH Solutions. Joining Cordjia in the equity investment were The Walnut Group and other private investors, as well as a syndicate of debt financing providers including CapX Partners, Trinity Capital Investments and Comerica Bank.
CBLH also provided assistance to Cordjia in its acquisition of a majority interest in the business of HCI Solutions, LLC that purchased the assets of HCI Systems Asset Management, LLC, a leading provider of sustainable “green” facility governance solutions. Rachel A. Dwares, a partner in the firm’s Business Law Group, advised Cordjia in connection with its lease of office space in the Nemours Building in Wilmington, which will serve as the headquarters of the Cordjia group beginning in June. Cordjia is a Delaware- and Maine-based private equity firm that delivers long-term financial gains for investors by providing the capital, key managerial and deep operational expertise needed to unlock the vast growth potential of middle market partners and real estate ventures. Cordjia’s principals have more than 80 years of combined experience and have worked together in various executive management, senior operations and corporate real estate positions for more than 15 years. To learn more about Cordjia, click here.
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