On January 17, 2017, Engage People, Inc. (“Engage”) announced that it had received a significant investment from private equity firm Lovell Minnick Partners LLC. The investment will support plans for growth at Engage, which will continue to be majority owned and operated by the current management team. Terms of the private investment were not disclosed.
Engage People is an innovative, market-leading solutions provider for the global loyalty and incentive industry. Headquartered in Toronto, the company has offices and employees in London, Rome, New York, Orlando and Sydney.
Lovell Minnick Partners LLC is a private equity firm with expertise in investing in the financial and related business services sectors. With offices in Philadelphia, Los Angeles, and New York, Lovell Minnick provides developing companies with equity capital to support private company recapitalizations, leveraged buyouts, and pursue growth initiatives.
Miller Thomson advised Engage with respect to this investment with a team that included Michael Pace and Alex Lalka (corporate/M&A) and Gerald Courage (tax).