IPS PODs Announces Sale to BlueZone Systems, Inc.
OneAccord capital advisory team served as exclusive advisors to IPS PODs throughout the process of their successful transition.
KIRKLAND, WASH., May 20, 2020 -- OneAccord’s capital advisory services team announced its role today as the exclusive strategic and financial advisor to IPS PODs throughout its transition. IPS PODs was officially acquired by BlueZone Systems, Inc. in March of 2019. The sale remained undisclosed until BlueZone announced their official product launch last week.
“OneAccord capital advisors provided invaluable expertise to help maximize value, and found the perfect partner for the company’s next stage of growth,” said Dave Taylor, president and founder of IPS PODs. “We look forward to the opportunity to work with [OneAccord] again.”
Founded in April 2012, IPS PODs is a performance management application that helps insurance agency owners plan, track and monitor agency activity in order to show clearly which initiatives are working and which are not. They called on OneAccord to help them manage the path toward acquisition in 2019.
“We were delighted to partner with the IPS PODS management team on this exciting transaction,” said Mark Hulak, managing director of the OneAccord capital advisory team. “They have pioneered insurance agency management through enabling technologies that drive and manage agency growth through planning, accountability reporting and coaching.”
OneAccord’s capital advisory team advised IPS PODs in preparation for the sale and connected them with their eventual buyer, BlueZone Systems, Inc., a Pacific Northwest company specializing in software that equips sales teams to perform at an optimum level.
“We are so grateful that OneAccord capital advisors reached out to us,” said Danielle Griebel, CEO and co-founder of BlueZone Systems, Inc. “Not only did they find the perfect opportunity we’d been in search of, but their expertise and outstanding communication facilitated a successful deal outcome for all parties. We are excited to welcome IPS PODs to the BlueZone family. Together we will build upon the success of IPS PODs’ proven technology platform for the insurance industry, and deliver this game-changing productivity platform for sales teams to other high-value industries such as technology and life sciences.”
About OneAccord Capital Advisory Services
Established in 2005, OneAccord comes alongside business owners across the Pacific Northwest to help them buy, sell or operate their business. The capital advisory services team, founded in 2017, is a full-service, sell-side mergers and acquisitions firm serving privately held companies. For more information, visit oneaccord.co. ###