Austin, Texas--(Newsfile Corp. - May 17, 2022) - Centurica announces that it has been acquired by veteran entrepreneur Nate Ginsburg, an industry expert with over 10 years of experience in owning and operating businesses and tens of thousands of social media followers.
The company, which was founded in 2013 and specializes in offering due diligence services for digital business acquisitions, has announced that Ginsburg will become the company's new CEO and president.
"I'm excited to be joining the Centurica team and taking on this new challenge," said Ginsburg. "Centurica has a great reputation in the industry, and I'm looking forward to working with the team to continue providing quality service to our clients."
Ginsburg replaces Chris Yates who has led the company since 2015.
Nate Ginsburg, new CEO and president of Centurica
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Centurica, which has provided services on over 500 deals and $300 million in merger and acquisition (M&A) transactions, has not disclosed the exact financial details of the acquisition but says that it was a "seven-figure" deal.
"I hope to build on the great work that Chris and Brian have done in establishing Centurica as the premier provider of due diligence services," said Ginsburg.
"In a rapidly changing digital landscape, Centurica has a unique position to provide valuable insights and support to companies looking to buy or invest in online businesses," he added.
Ginsburg says he plans to focus on scaling the company and expanding its services to meet the needs of a growing client base. In addition to auditing and validating numbers, Ginsburg says the company's due diligence services will expand to include greater depth of operational analysis to uncover any risks associated with an acquisition. As well as expand to cover more market and opportunity analysis to identify potential areas of growth in the acquired businesses.
"As more and more traditional finance and low-mid market private equity companies become interested in buying online businesses, we are seeing a need for due diligence services that go beyond the numbers," said Ginsburg.
"We are excited to provide this service to our clients and help them make informed decisions about their investments."
For more information about Centurica and its services, please visit www.centurica.com.
Centurica is a leading Due Diligence service firm with nearly nine years of experience helping entrepreneurs, aggregators, and private equity firms acquire online businesses in the range of $500,000 - $150 million.
The company provides a wide variety of services to help clients have more confidence in their next purchase, including due diligence systems that can help identify health, warning signs, and growth opportunities in a business.
Since its inception, Centurica has advised on over 500 deals and has been involved in M&A deals totaling over $300 million. The company has also saved its clients millions of dollars by helping them avoid mistakes, misrepresentations, and scams.
CEO & President
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