Caliber Advisors, Inc. (“Caliber”) acted as the exclusive financial advisor to EsGil Corporation (“EsGil”), a San Diego-based firm which provides building safety regulatory services to public agencies, in connection with its sale to SAFEbuilt, one of the leading providers of community development services in the country, and The Riverside Company, a global private equity firm.
Established in 1979, EsGil provides full-service plan reviews to city, county, and state agencies throughout California and the Western United States. EsGil presently operates the full building inspection departments and serves as the Building Official for six California cities. EsGil also provides on-site staff for the public counter, building inspection, and supervision in these cities, as needed.
Richard Esgate, Founder, Chief Financial Officer and Chairman said “In considering a sale of our company, we retained Caliber Advisors to assist us in evaluating various options and alternatives. Subsequently, our board of directors hired Caliber to conduct the process, negotiate the terms, and guide us through the due diligence and closing process. The Caliber team was highly responsive, very knowledgeable, and shrewd in how they positioned the company and negotiated the terms. They helped us maximize our value as well as meet our strategic objectives. We could not have accomplished this without Caliber and its great group of people.”
Ken Nunes, a Managing Director at Caliber, said “This is truly a win-win transaction and a terrific outcome for the shareholders, management team, and employees of EsGil. We are honored to have partnered with EsGil; we believe the transaction will allow EsGil to realize substantial growth due to the breadth and depth of the combination with SAFEbuilt.”