XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce it served as exclusive advisor to Cost Segregation Services, Inc. (CSSI), on its sale to Align Capital Partners (ACP).

Headquartered in Baton Rouge, Louisiana, CSSI is a national provider of cost segregation studies for commercial and residential property owners. Through a robust technology-enabled service model and national network of over 300 external sales representatives, CSSI completes thousands of studies annually that help clients maintain tax compliance and optimize cash flow of real property assets. ACP’s investment represents the first institutional capital in CSSI since its founding in 2003.

ACP is a growth-oriented private equity firm that partners with business owners and management teams to create shared success. ACP manages $1.5 billion in committed capital with investment teams in Cleveland and Dallas. The acquisition of CSSI along with a second related investment have helped ACP establish a specialty tax consulting platform. Today, the company’s core service lines include cost segregation, research and development tax credits, and energy efficiency tax credit consulting services.

“The XLCS team professionally illustrated CSSI’s success history to those interested companies that brought many ‘best of the best’ choices to CSSI to find a business partner,” said Jim Shreve, Founder and CEO of CSSI. “The XLCS managed result was the clear review to attain the best final choice in favor of CSSI and its new investment partner in an efficient timetable. An exceptional proven result.”

Anthony Contaldo, Partner of XLCS, commented “We are excited to have worked with CSSI on a successful transaction. ACP is an excellent partner to help CSSI sustain continued growth in the coming years and we look forward to watching the company further establish its position as a leader in the tax services space.”

XLCS acted as the exclusive M&A advisor to CSSI and the transaction was led by Anthony Contaldo, Partner. The transaction was completed August 1, 2023.

About XLCS Partners, Inc.
XLCS Partners is an investment banking firm providing M&A advisory services to select clients globally. More information is available at www.xlcspartners.com.