Shareholder InSite Receives $4.25M Equity Investment

Shareholder InSite, Inc., a provider of shareholder management and analytics solutions to venture capital (VC)/private equity (PE) firms and private companies, has received a $4.25m equity investment.

The round was led by BIP Opportunities Fund LP (Atlanta, GA).

The company used the funding to acquire the Venture Services Division of Quist Valuation (formally known as Quist Financial, Inc.), a national valuation services provider. Shareholder InSite is not acquiring the Tax & Transaction Services Division of Quist Valuation, which will remain independently available through Quist Financial, Inc., a 28-year-old company headquartered in Boulder, CO.
Shareholder InSite will offer FAS 157 and IRC 409A valuation services through a division called Quist Valuation Services.

Formed in January, 2012 through the merger of Nashville, TN-based CapControls, a provider of shareholder data management tools and services for private companies, VC and PE firms, and Qval (Boulder, CO), a technology service company founded as a spin-off of Quist Valuation and a provider of centralized financial data services for VC and PE firms, today, the company offers full cap table and documentation management, deal analysis and financial modeling, a suite of self-valuation features and full-service 157 and 409a valuation offerings.

Shareholder InSite is led by Joe Maxwell, CEO and Chairman, and Brett Suchor, President. Following the acquisition, the company will add Tom Miller, former President of Quist Valuation, to the leadership team as SVP of Institutional Services. Shawn B. Welch, Managing Partner, BIP Opportunities Fund, LP. will join as outside director.



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