Brentwood Capital Advisors (“BCA”) is pleased to announce that it served as the exclusive financial advisor to Innertainment Delivery Systems LLC (“IDS” or the “Company”) in its recently completed sale to Global Tel*Link Corporation (“GTL”).
Headquartered in Nashville, Tennessee, IDS is the leading provider in the U.S. of inmate education systems. Through its secure, electronic hardware and software platform, IDS increases access to educational and other digital content, which enables effective inmate rehabilitation and reentry. Among other applications, the IDS platform increases inmates’ access to college courses and also improves training and workflow for correctional staff.
IDS CEO, Dr. Turner Nashe, commented, “Brentwood Capital, our investment banking advisor, played a critical role in optimizing the terms of the deal and closing a transaction that was a great outcome for the IDS shareholders.”
“Dr. Nashe and the IDS team have built the leading platform for delivering secure, educational content in the corrections environment,” stated John Allgood of Brentwood Capital Advisors. “We were pleased to serve as exclusive financial advisor to IDS on this transaction and look forward to watching the Company’s continued success under GTL’s ownership.”
Formed in 2009, IDS is an innovator of digital content delivery systems for environments needing to deliver information and educational content in a secure fashion. IDS enables participation in approved digital content, using a secure and proprietary process and customized electronic devices. For more information, please go to www.ids615.com.
GTL leads in the fields of correctional technology and government payment services with visionary solutions and customized products that integrate seamlessly to deliver security, financial value, and ease of operation for its customers. As a trusted industry leader, 1.9 million inmates nationwide use GTL services; including service to 32 state departments of corrections, the District of Columbia, Puerto Rico, the Federal Bureau of Prisons, and 73 of the 100 largest city/county facilities, including 39 of the top 50. GTL is headquartered in Reston, Virginia, and maintains several regional offices across the country. To learn more about GTL, please visit www.gtl.net or our social media sites on Facebook, Twitter, and LinkedIn.
About Brentwood Capital Advisors
Based in Franklin, Tennessee, Brentwood Capital Advisors (“BCA”) is one of the South’s leading boutique investment banks that provides mergers and acquisitions and capital raising advice to privately-held, middle market healthcare, technology and tech-enabled and outsourced services companies. BCA has served as exclusive financial advisor in 82 successfully closed transactions totaling approximately $5.0 billion in value in these sectors. Founded in 1999, the firm is partner-owned and has eighteen investment banking professionals. For more information, please go to www.brentwoodcapital.com.