FARLIE TURNER & CO • OCT 18 2021
Farlie Turner Gilbert Advises DEC Management In Sale to GSE Worldwide
FORT LAUDERDALE, Fla. (October 18, 2021) – Farlie Turner Gilbert & Co., LLC ("FTG"), a leading investment bank serving middle market companies, announced today that it advised DEC Management (“DEC” or the “Company”) in its sale to GSE Worldwide. Terms of the transaction were not disclosed.
Based in Davie, Florida, DEC is one of the nation’s leading NFL sports agencies representing over 50 players including NFL stars Demarcus Lawrence, Xavien Howard, Vonn Bell, Jamie Collins, Cam Sutton, Olivier Vernon and Asante Samuel. DEC is led by David Canter, who has negotiated billions of dollars of NFL contracts over his 25 years as a player agent. The buyer, New York based GSE Worldwide, is a leading sports, entertainment, marketing, management and talent representation firm. Already well established for their world class golf and tennis agencies, which include such golf stars as Bryson DeChambeau, Louis Oosthuizen, Sergio Garcia, Sam Burns and tennis stars Leylah Fernandez, Sloane Stephens, and Sam Querrey, GSE wanted to cement its presence in the NFL by adding David Canter to its roster of superstar agents.
“Erik Rudolph and everyone at Farlie Turner Gilbert exceeded all of my expectations. When I initially sought out a firm to help tell the DEC story to potential acquirers, I had no idea of the value added they would bring. Their ability to recognize talent and present it in a concise and professional manner is the sole reason my Company was sold. Erik not only guided me in every phase of the sale, he did the heavy lifting when it came to material contract negotiations. There is zero chance I would have been able to sell the business without him and his team and am forever grateful to him and everyone at Farlie Turner Gilbert.”
“It was a pleasure working with Erik and Farlie Turner Gilbert on this transaction. His professionalism, expert management of the deal as well as excellent grasp of the subject matter was a material factor in bringing this transaction to a successful conclusion.”
Erik Rudolph, Managing Director of Farlie Turner Gilbert, observed: “It was very satisfying to work with David and help him realize a lifelong goal of taking what he had built and finding the right partner that shared his vision for excellence and always putting the client first. We wish him the best going forward as he will undoubtedly grow and prosper with access to GSE’s impressive resources. The DEC transaction represents another successful outcome for our firm’s sports & entertainment advisory practice.”
About Farlie Turner Gilbert & Co.
Farlie Turner Gilbert & Co., LLC, and its affiliate Bayshore Partners, LLC, a broker-dealer registered with FINRA, provide merger and acquisition, private placement and financial advisory services to middle market companies out of offices located in Fort Lauderdale, FL and Raleigh, NC.
Please visit www.ftgco.com for more information.