Insights
Benchmark International Successfully Facilitated The Transaction of Urban Insight and Planetizen to Cavan Legacy
March 2, 2022
Benchmark International successfully facilitated the transaction of Urban Insight, a leading Los Angeles-based digital agency providing web design and development services for businesses and organizations nationally across various sectors with a specialty in cultural arts, legal aid, urban planning, financial services, and higher education industries.
A second and independent platform, Planetizen, was included in the acquisition that creates, curates, and amplifies stories and resources for people passionate about urban planning, including job postings, educational resources, training, and video training.
Josh Skelly of Cavan Legacy acquired both entities, Urban Insight and Planetizen, and will be operating the entities. Mr. Skelly plans to continue the delivery of customer-focused web design and development services the firms’ customers have enjoyed and relied upon for more than 20 years since the firm’s inception by Chris Steins.
Chris Davidson, Transaction Support, commented “Chris Steins and Josh Skelly were an obvious immediate strategic fit and held similar cultural values. The pair collaborated together throughout the course of the deal to overcome obstacles, and Benchmark looks forward to the synergies provided by Cavan Legacy Partners and Urban Insight/Planetizen moving forward.”
Share This Post
Categories
Get These Insights Delivered Directly To Your Email
Explore our curated collection today and stay ahead of the curve in M&A.
Related Posts
How to Attract the Right Buyers: What Makes a Business More ValuableIn the dynamic world of mergers and acquisitions (M&A), selling your business is a complex process that requires strategic planning, valuation expertise, and an understanding of what potential buyers are looking for. Buyers and investors are driven by various motives, including growth acceleration, market expansion, and portfolio diversification. Successfully attracting the right buyers can significantly impact the sale price and the overall success of the transaction. But what exactly can make your business more valuable and appealing to prospective buyers? Let’s explore the key factors that may enhance your company's attractiveness in M&A and how you can position your business for maximum appeal.Why Multi-Party Sale Processes Are an Opportunity for BuyersTo many acquirers, the words “competitive process” still carry an undertone of friction. They suggest distraction, inflated expectations, unnecessary pressure, and the risk of being used as a price tension rather than a serious counterparty. Yet this interpretation often misses the deeper reality. For most business owners, particularly founders and long-tenured operators, a multi-party sale process is not an act of aggression; it is an act of responsibility – to themselves, to the business, and to the buyer.