Silver Oak Services Partners Recapitalizes Glazer-Kennedy Insider’s Circle

Mar. 04, 2011 -Portfolio Company News

Silver Oak Services Partners, LLC announced its recapitalization of Towson, Maryland-based Glazer-Kennedy Insider’s Circle (“GKIC”) in partnership with management and co-investors.

GKIC is a leading provider of marketing training and advice to entrepreneurs and small businesses. The Company utilizes a unique membership model and offers members a comprehensive portfolio of products and services including monthly newsletters, seminars, coaching groups and courses (CDs, manuals, online, etc.) designed to help members grow their businesses through the application of proven, innovative marketing techniques.

Silver Oak is partnering with Elizabeth (“Bette”) Tomaszewicz, a highly successful veteran of the training industry, and Bill Glazer, the current CEO, on the transaction. “We are excited to join the Glazer-Kennedy Insider’s Circle team. The Glazer-Kennedy Insider’s Circle brand is proven and trusted as a leading provider of marketing training products and services to small businesses and entrepreneurs, and we will continue to expand on that reputation. We look forward to working with Bill and the rest of the management team to further grow the business by providing new product offerings, growing the membership base and offering additional value-added services to existing members,” said Bette. Concurrent with the transaction, Jeff Sienkiewicz, Don Sapienza, and Bryan Austin will supplement the existing management team as COO, CFO and VP of Business Development, respectively. “I am looking forward to this transaction which will allow us to bring a lot more tools and expertise to our members helping them to succeed in their businesses”, said Bill.

“As a market leader in the small business marketing training sector, Glazer-Kennedy Insider’s Circle provides valuable and diverse products to its growing membership base. We look forward to working with management to further accelerate the organic growth of the business,” said Dan Gill, Managing Partner of Silver Oak.

Please contact Dan Gill or Dave Bornhoeft of Silver Oak for additional information.

Silver Oak invests in business, consumer and healthcare services companies in the lower middle market, typically with EBITDA of $3 million to $20 million