Sverica
Capital Management LP (“Sverica”), a private equity investment firm,
announced today that it has made a strategic investment in Stream
Companies, LLC (“Stream” or the “Company”), a rapidly growing
marketing solutions provider primarily serving the automotive industry.
Based in Malvern, Pennsylvania, Stream
serves many of the top automotive original equipment manufacturers and
dealerships with a comprehensive
suite of dedicated marketing services and cutting-edge software
through its proprietary FullThrottle
platform. Stream’s transparent client service philosophy and its
deep expertise and broad capabilities, covering both digital and
traditional media strategies, have helped its customers to promote their
brands, drive high levels of consumer traffic and gain share in their
markets.
David Regn and Jason Brennan have engineered Stream’s steady growth
since co-founding the Company in 1996, and will continue to lead Stream
going forward. Sverica’s investment aims to help Stream increase its
leadership in emerging digital media, accelerate development of its
software products (including its Shopper Suite predictive intelligence
tool), and expand its strong team to maintain industry-leading customer
satisfaction while meeting increased demand.
“Sverica has a track record of bringing high-level strategic guidance,
talent development and analytic support to their partners. We couldn’t
be more pleased to be partnered with Jordan, Ryan and the team,” said Co-Founders
David Regn and Jason Brennan.
“We are excited to partner with David and Jason to build upon their
twenty-two years of consecutive growth and industry-leading customer and
employee satisfaction. The Stream team has created a compelling
technology-enabled solution that provides unique value to its customers,
thus positioning Stream for continued success,” said Jordan
Richards, Managing Partner at Sverica.
Ryan
Harstad, Principal at Sverica, added, “Auto dealers and other
consumer-facing businesses face intensifying competition for retail
traffic amidst a rapidly evolving landscape of marketing vendors, media,
and technology. After years of market research, Sverica is confident
that David, Jason, and the rest of ‘Team Orange’ have uniquely
positioned Stream to give clients the edge they need to succeed.”
About Stream Companies
Stream
Companies is an Integrated Advertising Agency and a SaaS based
technology company for the retail and automotive industries. With over
20 years of experience in advertising and digital marketing, Stream
Companies uses a data driven and solutions-oriented approach to support
businesses across the U.S. with their services. The company has
been recognized by The Philadelphia Inquirer, Daily News and
Philly.com as a 2019 Top Workplace, a 2018 Best Places to work in
Pennsylvania, and is the recipient of the AWA’s Vanguard and Rising Star
Awards for their FullThrottle Marketing Suite. For more information,
please visit www.streamcompanies.com.
About Sverica
Sverica
is a leading lower-middle-market-focused private equity firm that has
raised over $700 million of investment capital across four funds. The
firm acquires and actively builds companies that are, or could become,
leaders in their industries. Since 2001, Sverica has maintained a “high
touch” operating philosophy of taking an active role in portfolio
companies. Sverica devotes significant internal resources to help its
management teams develop and execute growth strategies. For more
information, please visit www.sverica.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190417005217/en/