Funding supports new offices, expanded team, global partnerships
HOUSTON, TX , Aug. 14, 2018 (GLOBE NEWSWIRE) -- Myrtle Consulting Group, an advisor to global manufacturing organizations, announced it has received a seven-figure non-equity investment from Decathlon Capital Partners to support its growth. The capital infusion will be used for international corporate offices, expanding the consulting team and securing partnerships in Canada, Mexico, Europe, the Middle East and Africa.
Myrtle consults with companies in more than a dozen industries worldwide, from asset lifecycle management to data analytics and operations, management and capital efficiencies.
“We continue to grow rapidly and Decathlon sees the potential of our global expansion plan,” said Myrtle founder and CEO Edwin Bosso. “Their investment is a vote of confidence that we will continue to execute successfully on our core mission – to transform clients’ operational performance with sustainable results that improve speed and efficiency. We are passionate about our clients’ success. Now Decathlon is helping us reach new heights of success.”
For three years running, Myrtle was named one of the top small firms to work for by Consulting Magazine. The firm has also ranked on the Inc. 5000 list of fastest growing companies for the past two years. Myrtle in June acquired Kalium Consulting, expanding its reach into global mining, metals and heavy-asset industries.
Myrtle has achieved close to 400 percent three-year growth. The Decathlon investment will help accelerate that pace.
“We quickly discovered that Myrtle’s consulting transforms the organizations they work with,” said Decathlon Capital Partners’ John Borchers. “We are impressed by their approach to solving complex business issues and their integrity in getting the job done. We are confident Decathlon’s investment will propel Myrtle into the next stage of their global expansion.”
About Myrtle Consulting Group
Myrtle Consulting Group is a leading, value-based operations consultancy engaging with global organizations to transform operational performance within the aerospace, automotive, construction, consumer goods, discrete manufacturing, food and beverage, life sciences, metals, mining, chemicals, oil and gas, utilities, and pulp and paper industries. Using a practical, needs-based approach, Myrtle incorporates values, multiple methodologies, and technologies into custom solutions toward specific customer challenges that improve overall operational performance and generate lasting business transformation. Learn more at www.myrtlegroup.com
About Decathlon Capital Partners
Decathlon Capital Partners provides growth capital for companies seeking alternatives to traditional equity investment. Through the use of highly customized revenue-based financing solutions, Decathlon provides long-term growth capital without the dilution, loss of control and operational overhead that often comes with equity-based funding. With offices in Palo Alto and Park City, Decathlon is the largest revenue-based funding investor in the U.S. and is active across a wide range of sectors. Learn more at www.decathloncapital.com.