Jun 2018

B-Stock Has Received a $65 Million Growth Investment From Spectrum Equity

DCS Advisory, a leading investment banking firm, acted as exclusive financial advisor to B-Stock, the world’s largest business-to-business marketplace for returned, excess, and other liquidation merchandise, for its $65 million investment from Spectrum Equity, a leading growth equity firm.  The investment reinforces B-Stock’s 10-year history of profitable growth and will drive the expansion of its technology-based liquidation solution for retailers and manufacturers. Previous investors True Ventures and Susquehanna Growth Equity (“SGE”) will maintain stakes in the company; Amir Goldman of SGE will remain on B-Stock’s board of directors.

“The DCS Advisory team created a robust, efficient process that ultimately allowed us to choose the right partner for the next phase of B-Stock’s growth,” said Howard Rosenberg, Founder and CEO of B-Stock. “Throughout their engagement, DCS Advisory’s emphasis on process management and hands-on approach allowed us to focus on our business and growing customer base.”

“We are delighted to have worked with Dave Dolan and the DCS Advisory team on another transaction in the logistics and supply chain technology markets.   We knew that they would grok the market opportunity and be an astute advisor in choosing the best all-around fit for a new financial partner for all the stakeholders who are remaining with the company,” said Amir Goldman of SGE, a B-Stock shareholder.

About DCS Advisory
DCS Advisory LLC is a leading investment bank specializing in M&A and private capital raising. DCS Advisory is a wholly owned subsidiary of Daiwa Capital Markets America Holdings Inc. and is an indirect subsidiary of Daiwa Securities Group Inc. Along with sister company DC Advisory, other Daiwa affiliates, and alliance partners, DCS Advisory is part of an established global brand with more than 900 professionals in 37 offices throughout the Americas, Europe and Asia. DCS Advisory covers a broad range of industries including Aerospace, Defense and Government Services, Business and Tech-Enabled Services, Industrials, Consumer, Retail and Leisure, Media and Telecom, and Technology and Software.