December 28, 2020
The Jordan Company L.P. has inked its acquisition of Spectrio Llc., a provider of content management solutions for digital signage. As part of the agreement, Spectrio's existing management team Bertram Capital Management LLC. Will hold a minority equity stake in the business and CEO Dax Brady-Sheehan will continue to lead the company, according to a press release.
"This investment represented a true collaboration between the Spectrio executive team and Bertram," Jeff Drazan, managing partner of Bertram Capital, said in the release. "Jared Ruger, Alex Goldscher and Sean Houseworth led the transaction and worked with Spectrio to meaningfully expand the size of the business, develop a more comprehensive and compelling set of subscription services and accelerate the Company's organic growth rate. The Bertram team is extremely grateful for the tremendous efforts put forth by CEO Dax Brady-Sheehan and the Spectrio management team in leading this successful transformation."