The investment aligns Gavel with One10’s brand, leveraging One10’s brand, leveraging One10’s proprietary incentive and recognition technology while supporting Gavel’s product suite expansion goal. One10 offers end-to-end solutions in marketing services, training, incentives, recognition, and travel and event management.
Caber Hill Advisors Managing Director Jordan Gerber led the deal.
“Experiencing a sale for the first time requires a broker to show patience and often some ‘tough love.’ Jordan, Sam, and the [Caber Hill Advisors] team did this the entire time,” wrote Jeff Richards and Jim Bozzelli, Gavel’s managing partners. “Their willingness to instruct and explain all the steps throughout the process from go-to-market, due diligence, and closing was greatly appreciated.”
Additional details about the transaction were not disclosed.
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