Global Deals

If you would like to discuss a specific subsector or industry please get in touch.

  • United States
    Disposal
    Disposal
    Buyer
    Buyer
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Industrials & Manufacturing

    Mazzone & Associates (“Mazzone”) is pleased to announce that it acted as exclusive financial advisor to Rayven Inc. (“Rayven”), a developer and manufacturer of engineered packaging coatings, tapes, and release liners, on its sale to Duraco Specialty Tapes (“Duraco”), a leading provider of pressure-sensitive tapes, labels and coated films.

    Rayven, headquartered in St. Paul, Minnesota, offers custom developed, niche release liners, coated functional films, and pressure-sensitive adhesive tapes to a diverse portfolio of high-value end markets including flexible packaging, medical device, specialty building, and graphics.

    “We are excited to partner with the strong operational teams at Duraco and OpenGate, who share our culture and entrepreneurial values, as well as our drive to create and deliver innovative products for our customers,” said Rayven President Joe Heinemann, who will remain in that role. “Our thanks to the Mazzone team for guiding our family through this process. Their insight and advice were instrumental in assuring a smooth process and a successful sale.”

    OpenGate Capital acquired Duraco in June 2019 as a corporate carveout from Essentra PLC and has since completed four add-on acquisitions with Infinity Tapes in February 2020, Filmquest Group in March 2021, 3 Sigma in November 2021 and now Rayven.

    The combination of these acquisitions and organic investments have significantly advanced Duraco’s core capabilities across formulation, coating, converting and distribution. With these investments, the Company is now positioned as an integrated, turnkey solutions provider in its markets with technology, product portfolio and capacity to drive growth with existing and future customers.

    Ed Byczynski, Chief Executive Officer of Duraco, stated “The addition of Rayven builds on Duraco’s leadership position as a high-quality, custom manufacturer of coated flexible packaging film, niche release liners and specialty tapes in North America, and will expand Duraco’s developmental capabilities and add coating capacity to support the ongoing growth of the collective businesses.”

    “Rayven is the latest testament to our focus on add-on investments as an accelerator of growth,” said Andrew Nikou, OpenGate Capital’s Founder and CEO. “The combination of Rayven’s operational capabilities, along with Duraco’s strong operating expertise and its seasoned management team will drive continued commercial growth into new markets.”

    About Rayven

    Rayven Inc. has over 60 years of experience manufacturing custom silicone release liners and PSA products. Founded in 1954, Rayven grew from one coating line for producing polyester label stock, to 2 manufacturing plants; one in St. Paul, Minnesota and its newest facility in Owatonna, Minnesota. Rayven supplies finished material ranging from letter sized sheets to slit rolls of all sizes.

    About Duraco Specialty Tapes

    Duraco is B2B manufacturer of pressure-sensitive tapes and specialty materials, which are sold into highly attractive end markets including Point-of-Purchase displays, appliances, transit packaging, construction, signage and HVAC. Duraco’s application- specific tapes are strong alternatives to mechanical fasteners and traditional glues offering longevity, strength, efficiencies in customer’s assembly operations and breadth of substrates. In 2020, Duraco expanded its capabilities with the acquisition of Infinity Tapes, a leading manufacturer of customized adhesive products serving the high growth industrial and transit packaging end markets. Duraco is headquartered in Forest Park, IL. With warehousing locations throughout the United States and Canada, Duraco has a workforce of over 200employees and has been maintaining loyal relationships for over 40 years and is continuously growing with over 6,800 customers. To learn more about Duraco, please visit www.duraco.com.

    About OpenGate Capital

    OpenGate Capital is a global private equity firm specializing in the acquisition and operation of businesses to create new value through operational improvements, innovation, and growth. Established in 2005, OpenGate Capital is headquartered in Los Angeles, California with a European office in Paris, France. OpenGate’s professionals possess the critical skills needed to acquire, transition, operate, build, and scale successful businesses. To date, OpenGate Capital has executed more than 30 acquisitions across North America and Europe. To learn more about OpenGate, please visit www.opengatecapital.com.

  • United States
    Acquisition
    Acquisition
    Target
    Target
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Industrials & Manufacturing

    Mazzone & Associates (“Mazzone”) is pleased to announce that it acted as exclusive financial advisor to BouMatic, LLC (“BouMatic”), a global leader in the dairy equipment and robotics space, with respect to BouMatic’s acquisition of substantially all of the assets of SAC Group (“SAC”), a Denmark-based manufacturer of milking equipment.

    Carsten Nielsen, General Manager of BouMatic Europe, stated, “We’re excited to join forces with SAC; this partnership brings unprecedented opportunities in line with our strategy to grow globally and expands our reach to partner up with dairy farmers worldwide. Our thanks to the Mazzone team, who provided sound strategic guidance and deal coordination throughout the process.”

    BouMatic CFO Ken Artz added, “The combination of BouMatic and SAC yields significant growth potential that goes beyond what would have occurred as standalone companies. The Mazzone team assisted in organizing the transaction process and was instrumental in providing diligence support.”

    Reflecting on the transaction, John Kotts, Owner of BouMatic, noted, “We are excited to welcome SAC Group into the BouMatic family; as a combined company, BouMatic and SAC will drive the future of the dairy industry for decades to come. I’ve personally worked with one principal at Mazzone for over 20 years, and the Mazzone team proved yet again to be experts in negotiating, structuring, and executing cross-border transactions.”

    Maury Bell, Managing Director at Mazzone & Associates, commented, “BouMatic is a premier player in the global milking equipment space, and the acquisition of SAC only further solidifies the company’s market-leading position. It was a pleasure to work with the BouMatic team and Mr. Kotts, and we are pleased to have completed another successful transaction for BouMatic.”

    About BouMatic

    BouMatic is a leading global manufacturer of dairy equipment and robotics with more than 400 employees across its six locations. The company is headquartered in Madison, Wisconsin, with additional operations in Texas, Denmark, The Netherlands, Belgium, and France. BouMatic’s product catalogue ranges from cow ID, health, and traffic systems to milk collection systems, along with management and automation systems, milk cooling systems, on-farm hygiene, cleaning technologies for dairy plants, and manure handling systems. BouMatic’s products are currently marketed in more than 45 countries worldwide. For more information, please visit www.boumatic.com.

    Going forward, BouMatic is seeking additional acquisitions that will expand the company’s footprint, enhance its product suite, and introduce innovative solutions to the dairy industry. Please contact Maury Bell at [email protected] or Dustin Dawson at [email protected] with any prospective opportunities.

    About SAC Group

    Founded in 1938, SAC produces both traditional and automatic milking systems that are easy to use and maintain, are good for the animals, and are ergonomically optimal. SAC also operates Netherlands-based dairy knowledge center, Hokofarm Group, that places additional focus on data-driven milking and feeding technology. In addition to Hokofarm Group in the Netherlands and headquarters in Denmark, SAC maintains operations in Russia and France.

  • United States
    Disposal
    Disposal
    Buyer
    Buyer
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Construction & Engineering

    Mazzone & Associates (“Mazzone”) is pleased to announce that it acted as the exclusive financial advisor to Universal Maintenance Inc. (“UMI”) with respect to its sale to The Dupps Company on September 1, 2021.

    Reflecting on the transaction, Jessica Colbert, President and owner of UMI, noted, “We are excited about continuing the legacy of my Dad, Edward Hill, and the next phase of growth for UMI as part of The Dupps Company.  We value the long relationship UMI has had with the Mazzone team and appreciate their continued advice and value they drove for us over the years, including through this transaction with The Dupps Company.”

    Bill Gehr, CFO of The Dupps Company commented, “We are thrilled to help build upon the legacy of UMI and work with Ms. Colbert and the UMI team to continue the strong service and growth of UMI as part of The Dupps Company.  Thanks to Mazzone & Associates for its help working with us to facilitate a smooth transaction process from due diligence through closing.”

    About Universal Maintenance Inc.

    Universal Maintenance Inc. is an engineering, design and construction project management company with an established reputation for providing manufacturing plants a turn-key service solution — everything from engineering, design, fabrication, installation to maintenance. UMI works mostly in the growing poultry industry.

    About The Dupps Company

    The Dupps Company is a worldwide leader in protein recycling systems and service. From its founding, Dupps has focused on renewable resources, starting with the ‘original recyclers’ — those rendering companies around the world that recycle millions of tons of animal byproducts every year. Dupps offers a comprehensive range of protein co-products processing equipment, service and support for red meat, poultry and fishmeal applications.

  • United States
    Investment
    Investment
    Target
    Target
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Consumer & Retail

    Mazzone & Associates (“Mazzone”) is pleased to announce that it acted as the exclusive financial advisor to ValorBridge Partners (“ValorBridge”) with respect to ValorBridge’s investment in Fine Parking Group (“FINE” or the “Company”) and the subsequent recapitalization of the FINE’s senior debt.

    Chris Amburgy, CEO of FINE, stated, “We are excited to partner with ValorBridge and look forward to introducing FINE’s signature quality-focused approach to new markets across the country. Mazzone & Associates proved to be creative and considerate in structuring a solution that achieved our desired outcome, both on the initial transaction and on the debt recap.”

    Reflecting on the transaction, Christopher Durham, General Manager of ValorBridge, noted, “We are excited about our new partnership with Chris Amburgy, Charles Billera, and the FINE team and look forward to supporting them in their next phase of growth. The Mazzone team conducted yet another smooth transaction from start to finish and ultimately delivered another strong portfolio company for ValorBridge.”

    About FINE Parking Group

    FINE Parking Group is the owner and operator of four premium off-airport parking facilities located at Denver International Airport, Tulsa International Airport, and William P. Hobby and George Bush Intercontinental Airports in Houston. FINE’s broad array of service offerings, including auto detailing, valet services, and rewards programs, sets it apart from other off-airport parking options, and has facilitated the growth of a loyal customer base across the Company’s geographies.

    Going forward, FINE is actively seeking opportunities for the acquisition or development of airport and urban parking facilities in markets with favorable and sustainable growth characteristics. Please contact Dustin Dawson at [email protected] with any prospective opportunities.

    About ValorBridge Partners

    ValorBridge Partners is an Atlanta-based private evergreen holding company that owns, operates, and invests in healthcare, financial services, real estate, and industrial supplies and service companies. With a track record spanning over two decades, ValorBridge’s uncommon combination of substantial entrepreneurial, operational, and classic value investing experiences, as well as its long-term orientation as an investor, have positioned the company as a strong partner in providing capital to growing companies. ValorBridge also offers a wealth of strategic guidance and experience gained from successfully growing companies at all stages of the business life cycle.

  • United States
    Investment
    Investment
    Target
    Target
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Technology, Media & Communications

    Mazzone & Associates (“Mazzone”) is pleased to announce that it acted as the exclusive financial advisor to ValorBridge Partners (“ValorBridge”) with respect to its investment in Brightlink Communications (“Brightlink” or the “Company”).

    Reflecting on the transaction, Christopher Durham, General Manager of ValorBridge, noted, “We are excited about our new partnership with Brightlink and look forward to supporting them in their next phase of growth.  The Mazzone team drove value by introducing us to the management team and creatively structuring a win-win deal for us and Brightlink.”

    Sean Dwyer, CEO of Brightlink commented, “We are thrilled to partner with ValorBridge for growth capital as it allows us the flexibility to continue scaling our business and meet growing market demand.  This is exciting news for the entire Brightlink team, our customers and our partners.  Thanks to ValorBridge’s investment, we will be able to keep up with the growing demand of our market and will have the ability to continue scaling towards a bright future.”

    Dom Mazzone, Managing Director at Mazzone, noted, “Brightlink has established a solid market position and is poised to benefit from evolving demand for communication tools and services.  We are excited to see Brightlink leverage ValorBridge’s capital and resources to continue Brightlink’s exponential growth.”

    Founded in 2004 and headquartered in Atlanta, Georgia, ValorBridge is a holding company that owns several affiliated operating companies. ValorBridge’s uncommon combination of substantial entrepreneurial, operational and classic value investing experiences, as well as its long-term orientation as an investment partner, has positioned it as a strong partner in providing capital to growing companies. ValorBridge also offers a wealth of strategic guidance and experience gained from successfully growing companies at all stages of the business life cycle.

    Headquartered in Atlanta, Georgia, Brightlink is a leading communications platform and technology company that delivers voice, messaging, analytics, and cloud-based solutions. The Company’s cutting-edge Communications Platform as a Service (CPaaS) platform, cloud-based applications, managed white-label hosted PBX and Unified Communications as a Service (UCaaS) solutions, and network services are used by companies ranging from small to mid-sized businesses to the largest enterprises and communication service providers around the globe.

  • United States
    Acquisition
    Acquisition
    Target
    Target
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Industrials & Manufacturing

    Mazzone & Associates advised a European rigid packaging client on its North American expansion

    Earlier this year Mazzone & Associates engaged with a European rigid packaging client that was seeking to expand its business in North America.  We are pleased to announce that we successfully identified the right partner and have negotiated the agreement for our client!

    During this process we canvassed a broad spectrum of potential targets and partners, borrowing on our experience and expertise in both packaging and plastic fabrication. Through our process, we narrowed down this broad universe to a few select candidates and within three months, the best single match for our client. While not historically engaged in the packaging market, the eventual target company was a perfect fit in many respects – it not only possessed the requisite excellent manufacturing skill set, but also shared our client’s entrepreneurial mindset and business culture. For the target, partnering with our client provided diversification of its served markets and a solid base of business focused on domestic production and sales.

  • United States
    Disposal
    Disposal
    Buyer
    Buyer
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Business Support Services

    Mazzone & Associates Advises H&W Printing, Inc. on its sale to Crown Capital Investments

    January 21, 2020 – Crown Capital Investments (“CCI”), a private family office investment firm, has announced its acquisition of H&W Printing, Inc. (“H&W” or the “Company”), a Marietta, Georgia-based provider of full-service marketing solutions.

    Mazzone & Associates, as the exclusive financial advisor to H&W, conducted a tailored marketing process to identify prospective buyers that were uniquely suited to partner with management in generating additional growth and success as the Company transitions into new ownership.

    Sarah Gossett, President of H&W, opined, “H&W is infused with an entrepreneurial spirit that has propelled us from our humble 1996 print shop beginning to today’s corporate brand projector and marketing production powerhouse operating 24/7.” Ms. Gossett expressed her satisfaction with the transaction when she reflected, “We’re excited to be associated with Crown Capital. They were a natural choice for a management partner to enhance our growth and optimize performance in the corporate marketing support space. Mazzone & Associates worked efficiently and expeditiously to lead the transaction to a close by year-end.”

    “H&W is a great company and our families are thrilled with the acquisition,” said Christopher Graham, CEO of CCI. “We focus on investing in well-established, market-leading companies and helping them optimize operations, innovate, and grow. The brand, the plant, technology capabilities, and the management team all demonstrate the high-performance attributes we seek within our portfolio companies.”

    Jonathan White, Managing Director at Mazzone & Associates, highlighted, “For over 20 years, H&W has been a flagship example of business innovation and adaptability. We fully anticipate that the tenacity, savvy, and industry expertise of Ms. Gossett’s management team, coupled with CCI’s established history of successfully vitalizing and streamlining business operations, will facilitate H&W’s emergence as a national powerhouse in the corporate brand marketing space.”


    H&W Printing is a Marietta, Georgia-based provider of innovative, full-service marketing solutions. Since its founding in 1996, the Company has fully integrated its service portfolio to become a true one-stop provider of digital and physical marketing solutions, serving an array of Fortune 500 customers across a variety of end markets.

  • United States
    Acquisition
    Acquisition
    Target
    Target
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Industrials & Manufacturing

    Mazzone & Associates Advises R. Lee & Associates and
    Blue Point Capital Partners on the Acquisition of Country Pure Foods

    January 28, 2020 – Mazzone & Associates (“Mazzone”) is pleased to announce that it acted as the exclusive financial advisor to R. Lee & Associates and Blue Point Capital Partners (“Blue Point”) with respect to the acquisition of Country Pure Foods, Inc. (“Country Pure” or the “Company”).

    Raymond (“Ray”) Lee, Managing Member of R. Lee & Associates, formerly served in a number of leadership roles at Country Pure, including CEO. He will return to serve as CEO of the Company post-closing, bringing a wealth of executive and industry experience. Reflecting on the transaction, Ray Lee noted, “I’m eager to build on the Company’s outstanding reputation while developing new opportunities to increase product consumption. Mazzone & Associates provided excellent guidance and advice as we navigated the complexities of the transaction process.”

    John LeMay, a Partner with Blue Point commented, “We are thrilled to partner with Ray and the management team to grow an already clear leader in the better-for-you beverage space. Mazzone proved to be an invaluable advisor throughout the deal.”

    Maury Bell, Managing Director at Mazzone & Associates, noted, “Country Pure is a market leader in its category and Ray Lee is a world class operator. We were honored to assist him and the Blue Point team with the transaction.”


    Country Pure Foods, Inc. is a leading provider of branded and private label beverage products to healthcare and education markets as well to leading grocery retailers. For over seventy years, Country Pure has been a value-added producer, processer, packager, and distributor of both branded and private label beverages and juice products to the food service, retail, and co-pack end markets. The Company sells its products directly to retailers and through institutional food service distributors into the healthcare and education markets. Based in Akron, OH and with five plants across the U.S., Country Pure has a large geographic footprint to service its diverse portfolio of customers.


    Blue Point Capital Partners is a private equity firm managing over $1.5 billion in committed capital.  With offices in Cleveland, Charlotte, Seattle and Shanghai, Blue Point’s geographical footprint allows it to establish relationships with local and regional entrepreneurs and advisors, while providing the resources of a global organization.  The Blue Point partner group has a 21-year track record of partnering with companies in the lower middle-market to facilitate growth and transformative change.  It is one of only a few middle market private equity firms with a presence in both the United States and Asia, which provides a distinct advantage for its portfolio companies.  Blue Point typically invests in businesses that generate between $20 million and $300 million in revenue.

  • United States
    Disposal
    Disposal
    Buyer
    Buyer
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Industrials & Manufacturing

    Mazzone & Associates Advises Roplast on its Sale to PreZero

    Mazzone & Associates (“Mazzone”) is pleased to announce that it acted as the exclusive financial advisor to Roplast Industries, Inc. (“Roplast” or the “Company”) with respect to its sale to PreZero US (“PreZero”), a subsidiary of the parent company Schwarz Group, headquartered in Neckarsulm, Germany. The terms of the transaction were not disclosed.

    PreZero and Roplast come together just as increasing U.S. legislation will be requiring more recycled content in packaging. As noted by PreZero’s press release, this transaction reflects “PreZero’s business goal to vertically integrate and deliver its closed loop solutions to support the circular economy.”

    Robert Bateman, retired CEO and co-founder of Roplast, reflected on the transaction: “We are quite satisfied with the result and Roplast’s new partnership with PreZero. In these uncertain times, the Mazzone team proved invaluable, providing guidance and driving the marketing process with domestic and international parties. I doubt whether anyone could have advised us better.”

    Robert Berman, co-founder of Roplast, commented “We are excited for Roplast and its future prospects with its new partner. The Mazzone team did a great job at understanding our business and market position in sustainable packaging. They were extremely thorough and did an outstanding job guiding our team and ensuring the transaction ran smoothly for all parties.”

    Jonathan White, Managing Director at Mazzone & Associates, noted “We invested significant time to identify the right partner for our client. We found a great fit in Schwarz and PreZero, as they will build and enhance the sustainable product lines that are important to shareholders, management, and customers.”

    Stuart Sanford, Vice President at Mazzone & Associates added “This is a great outcome for all parties. It is even more impressive if you consider that the deal was completed with an international buyer during the COVID-19 pandemic, which disrupted sustainability regulations, supply chains, and customers’ forecasts.”


    ABOUT ROPLAST

    Founded in 1989, Roplast is a leader in providing sustainable flexible packaging in the form of polyethylene film, bags and other flexible packaging. Based in Oroville, CA, the Company is a leader in providing certified recycled content in its packaging for its customers as well as developing closed loop solutions for the circular economy. Roplast manufactures, converts, and prints its products for a variety of markets.

  • United States
    Recapitalisation
    Recapitalisation
    Finance provided to
    Finance provided to
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Transport & Logistics

    Mazzone & Associates advised Panton Equity Partners and Mosaic Investments on the Recapitalization of Xpress Global Systems

    Mazzone & Associates, Inc. represented Xpress Global Systems (“XGS”) and its financial sponsors, Mosaic Investments, Inc. (“Mosaic”) and Panton Equity Partners (“PEP”) in securing mezzanine financing from Alcentra Capital Corporation, a publicly traded BDC based in New York, New York. Headquartered in Chattanooga, TN and founded in 1985, XGS is the largest floor covering transportation and logistics provider in the U.S. Murad Karimi, founder of Mosaic Investments commented, “Mazzone & Associates’ understanding of the private debt marketplace and ability to find the right partner will help ensure XGS’s continued growth and success. We look forward to working with Mazzone & Associates on future transactions, as we continue to grow our firm.”


    Panton Equity Partners (“PEP”) is an Atlanta-based boutique private equity firm that makes control equity investments in lower middle market niche service businesses with enterprise values up to $150 million. PEP focuses partnering with entrepreneurs and investing in niche service businesses, including Financial Services, Infrastructure Services, and Transportation/Logistics.


    Mosaic Investments, Inc. (“Mosaic”) is a private investment firm based in Atlanta, Georgia that specializes in acquiring and managing established operating businesses and real estate throughout the Southeast. Mosaic invests in a variety of transactions including growth capital, minority investments, and buyouts in primarily “old economy” businesses, including restaurants & franchises, telecommunications, transportation & logistics and consumer & retail.


    XGS offers specialized Less-Than-Truckload (“LTL”) transportation, warehousing, and commercial delivery for Hard-to-Move goods. XGS was previously a non-core subsidiary of US Xpress, a $1.5 billion (revenue) truckload provider. XGS maintains relationships with over 3,000 customers including: blue chip retailers (Home Depot, Lowe’s, Walmart), floor covering manufacturers (Mohawk, Shaw Floors, Engineered Floors), and Hard-to-Move manufacturers (Samsung, Pella, Larson).

  • United States
    Disposal
    Disposal
    Buyer
    Buyer
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Technology, Media & Communications

    Mazzone & Associates Advises iVision on its Sale to CIVC Partners

    Reflecting on the transaction, David Degitz, Managing Member of iVision, noted, “We are excited about our new partnership with CIVC and their ability to help us achieve our growth goals.  The Mazzone team proved to be invaluable in conducting their marketing process through these uncertain times.  Their team tailored the process, notwithstanding limitations of travel due to COVID, to ensure we found a high-quality partner that would close with speed and certainty.”

    Gabe Damiani, Managing Member of iVision, noted, “We began planning this transaction with the Mazzone team several years in advance.  They became well-versed in our business and acted as an extension of our team, which yielded an efficient process despite challenges due to COVID with respect to deal making.”

    Andrew Roche, a Vice President with CIVC, commented, “We are thrilled to partner with David, Gabe and the rest of the management team to grow an already clear leader in the IT managed services space.  The Mazzone team did a superb job making the transaction efficient for all parties throughout the deal.”

    Dom Mazzone, Managing Director at Mazzone, noted, “David and Gabe have built a world class organization at iVision.  It was an honor to work with their team and help select a partner that aligns with their culture and values.  We believe iVision and CIVC are poised for tremendous success in their new partnership.”


    Headquartered in Atlanta, Georgia, iVision is a leading managed services and technology consulting provider for mid-market and enterprise clients.  The Company supports clients across the globe and possesses deep expertise in the legal vertical.  Over the last 16 years, iVision has established itself as a premier managed services provider, serving the complex cloud, data center, networking, security and application needs of its clients.


    CIVC Partners is a Chicago-based private equity firm investing in high growth middle market companies in business services sectors.  Since 1989, the team has invested approximately $1.8 billion in 67 platform companies and currently invests from CIVC Partners Fund V.

  • United States
    Financing Engagement
    Financing Engagement
    Funder
    Funder
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Technology, Media & Communications

    Mazzone & Associates, Inc. secures senior debt financing for M9 Solutions

    Mazzone & Associates, Inc. represented M9 Solutions in securing a new senior debt facility from Bank of America. Headquartered in Atlanta, GA and founded in 2007, M9 Solutions is a national strategic staffing firm focused exclusively on enterprise resource planning and business intelligence implementations with the Oracle and SAP families of products. James McKee, founder and CEO of M9 Solutions commented, “Mazzone & Associates’ expertise was instrumental in securing a debt facility that will help ensure M9 Solutions’ continued growth and success.”


    M9 Solutions is a national strategic staffing firm focused exclusively on Enterprise Resource Planning (ERP) and Business Intelligence (BI) implementations within the Oracle and SAP product lines. The Company provides proven and experienced consultants to private and public companies as well as Global System Integrators on an as needed basis. M9 leverages its consultants’ deep knowledge to respond quickly to clients’ immediate needs by providing them with professionals who possess the required level of expertise and experience to help execute their goals for their specific implementation.

  • United States
    Acquisition
    Acquisition
    Target
    Target
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Technology, Media & Communications
  • United States
    Recapitalisation
    Recapitalisation
    Funder
    Funder
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Technology, Media & Communications

    Mazzone & Associates advised Greenwood Communities and Resorts, Inc. in the recapitalization of its senior debt with UBS Real Estate Securities

    Mazzone & Associates advised Greenwood Communities and Resorts, Inc. on the recapitalization of its senior debt. Greenwood Communities and Resorts is an award-winning developer of resort properties and communities throughout the southeast United States. Founded in 1978 by James Self and based in Greenwood, SC, the Company has developed some of the most recognizable communities in the southeastern U.S. that enrich the lives of residents and guests. Bubba Self, Greenwood’s CEO, commented “We appreciate our relationship with Mazzone & Associates and are pleased to have a strong investment banking partner at our side as we look forward to the exciting future for Greenwood Communities and Resorts.”


    Greenwood was created in 1978 when the Self family, who was instrumental in developing Hilton Head Island, acquired Palmetto Dunes Oceanfront Resort and the lands that would become Shelter Cove Harbour and Palmetto Hall Plantation and began developing them into world-class resort and residential communities. Greenwood is a family-owned, values driven developer that strives to do the right thing for its customers, land, communities and resorts, neighbors and for the company. Its current communities and resorts include Palmetto Dunes Oceanfront Resort and Shelter Cove Harbour in Hilton Head Island, SC, the Reserve at Lake Keowee in Sunset, SC, Big Canoe in Jasper, GA, and The Greenwood Building in Greenwood, SC.

  • United States
    Acquisition
    Acquisition
    Target
    Target
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Industrials & Manufacturing

    Mazzone & Associates advised ValorBridge Partners in the acquisition of Guardian Fueling Technologies

    Mazzone & Associates is pleased to announce that it served as the advisor to ValorBridge Partners in its acquisition of Guardian Fueling Technologies. Guardian was founded by Joey Batchelor, its CEO and President, in 2000, and is a distributor and authorized service center for leading petroleum equipment manufacturers, such as Gilbarco Veeder-Root, OPW, Verifone and Franklin Electric throughout the Southeast. Mr. Batchelor expressed his gratitude for Mazzone & Associates by noting, “There is an art to getting a deal like this done, and Mazzone & Associates successfully carried this transaction across the finish line.” Simeon Wallis, the Investment Director at ValorBridge expressed his appreciation for Mazzone & Associates by stating, “For many reasons, Mazzone & Associates is our partner of choice in our merger, acquisition and growth capital investment activities. Once again, their strategic advice and deal experience expedited the closing of our Guardian Fueling Technologies transaction. We believe the firm is best in class.”


    ValorBridge Partners, founded in 2004, is a holding company that owns and operates several portfolio companies, including ApolloMD, a successful, hospital-based physician services firm that treats over 2.6 million patients each year nationwide. ValorBridge’s uncommon combination of substantial entrepreneurial, operational and classic value investing experiences, as well as its long-term orientation as an investment partner, has positioned it as a strong partner in providing capital to growing companies. ValorBridge also offers a wealth of strategic guidance and experience gained from successfully growing companies at all stages of the business life cycle. The firm maintains offices in Atlanta and New York.


    Headquartered in Jacksonville, Florida, Guardian is a leading specialist in the petroleum equipment industry. With a team of 200 employees, Guardian primarily serves gas stations and convenience stores through the Southeast. In addition to providing a wide range of petroleum equipment systems and related parts, the Company helps businesses manage petroleum equipment repairs, fuel polishing and tank cleaning, POS systems installations, environmental and EMV compliance. Guardian was recently nominated for both the Jacksonville Business Journal’s Fast 50 and Florida’s Fast 100 fastest growing private companies.

  • United States
    Disposal
    Disposal
    Target
    Target
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Industrials & Manufacturing

    Mazzone & Associates Advises on the Sale of Graniteville Specialty Fabrics

    Mazzone & Associates is pleased to announce that it acted as the exclusive financial advisor to Graniteville Specialty Fabrics (GSF) in the sale of its specialty fabrics manufacturing and coatings business located in Graniteville, South Carolina to Crown Capital Investments.  GSF, led by CEO Jim Egan, services a wide array of industries.  “Mazzone & Associates prepared our team for the whole transaction process and found the right partner to ensure we reach our goals in the next phase of our company’s evolution,” said Mr. Egan.  “We are excited to partner with Crown Capital Investments as we look to grow our business and relationships with our vendors and customers.”  The transaction was led by Mazzone & Associates’ Managing Director, Dominic Mazzone, and Vice President, Stuart Sanford.

    Crown Capital Investments CEO, Chris Graham, noted “Jim Egan and the Graniteville team have executed on a strong record of growth in different markets via new product development in new and existing markets for GSF. We are thrilled to partner with management and participate in the next stage of their growth.  Mazzone & Associates exhibited a thorough understanding of the business and key decision points for us which helped everyone succeed in closing this transaction.”


    Graniteville Specialty Fabrics is a market-leading provider of custom-designed specialty chemicals for the highly-engineered textiles industry.  The Company designs, manufactures, and applies a wide range of coatings, including weather resistant, flame retardant and other coatings.  GSF sources its own soft goods, which it layers its proprietary formulations on, as well as coats semi-finished products for its customers, which represent a variety of markets.


    Crown Capital Investments (CCI) is a private equity direct investment sponsor. CCI evaluates and makes direct private equity investments for those family offices on their behalf based on the fit and related parameters for each family, which allows CCI to explore opportunities across different industries.  They seek to maintain management in its investments and provide a long-term capital solution for sellers.

  • United States
    Acquisition
    Acquisition
    Target
    Target
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Industrials & Manufacturing

    Mazzone & Associates Advises Northfield Industries on the Acquisition of New Dimensions Precision Machining

    03/29/2019  —  Mazzone & Associates is pleased to announce that it acted as the exclusive financial advisor to Northfield Industries Holding Corporation, a Trivest Partners portfolio company, in its acquisition of New Dimensions Precision Machining, Inc., a leading manufacturer of hydraulic cylinder blocks and other precision components for agricultural, industrial, construction and material handling equipment.

    Charles Vogl, CEO of Northfield, expressed his thoughts stating, “We were delighted to acquire New Dimensions with its impressive operating history and strong manufacturing capabilities. Mazzone & Associates did an excellent job assisting us throughout the entire transaction process.”

    Todd Jerles, Principal and COO of Trivest, added that “the New Dimensions transaction follows on the success of Northfield’s prior acquisition and significantly enhances the range of capabilities offered by the Company. The Mazzone team provided effective representation and quality advice to the Northfield management to help make this transaction a success.”

    Maury Bell, the Managing Director who led the transaction, noted, “Trivest is one of the most experienced, knowledgeable sponsors we have worked with, and the Northfield team are superior operators with a track record of successful acquisitions. It was an honor to be able to provide assistance with respect to this transaction.”


    Northfield Industries, LLC, headquartered in Schaumburg, Illinois, and founded in 2002, is a growing manufacturer of precision machined components for the agricultural, oil and gas, material handling and industrial equipment markets.


    Trivest Partners, headquartered in Miami, Florida, is the oldest private equity firm in the southeastern U.S. Founded in 1981, Trivest is focused exclusively on investing in well-run family and founder owned companies.

  • United States
    Acquisition
    Acquisition
    Target
    Target
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Industrials & Manufacturing

    Mazzone & Associates Advises on the Acquisition of Power-Sonic

    01/29/2018 —   Mazzone & Associates is pleased to announce that it acted as the exclusive financial advisor to The Blackbird Group in its acquisition of The Power-Sonic Corporation, a global distributor of rechargeable batteries.  Power-Sonic was acquired through a combination with Concise Fabricators, a Blackbird portfolio company located in Nogales, Mexico, that provides precision metal fabrication to OEMs.

    Jim Mannebach, a partner with The Blackbird Group who is the CEO of Power-Sonic, expressed his thoughts on the transaction by stating, “We were delighted to acquire Power-Sonic with its impressive operating history and strong product leadership.  Mazzone & Associates did an excellent job assisting us throughout the entire transaction process.”


    Power-Sonic distributes a broad portfolio of rechargeable branded batteries for niche industrial and electronic applications to over 70 countries.  The Company is headquartered in San Diego, California, with additional locations in Illinois, Florida, London, and Paris.  The Company also operates two plastic injection molding plants in Mexico that supply the automotive and consumer appliance markets.


    The Blackbird Group is a financial sponsor comprised of senior operating executives with deep Fortune 1000 expertise.  The group is led by Jim Mannebach, an operating executive who has held senior positions at Norgren, Roper Industries and Emerson Electric throughout his career.  The Blackbird team has deep international operating backgrounds and key skills to drive expanded opportunities with scale and efficiency for its portfolio companies.

  • United States
    Recapitalisation
    Recapitalisation
    Funder
    Funder
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Industrials & Manufacturing

    Mazzone & Associates Advises Guardian Fueling Technologies on Recapitalization

    Summer 2019 —  Mazzone & Associates advised Guardian Fueling Technologies (“Guardian” or “Company”) on its recapitalization, which will enable the Company to pursue potential organic and inorganic growth opportunities and further align management and shareholder interests.  The tailored capital structure and process created by Mazzone & Associates to meet goals held by management and shareholders ensured that the Company received the optimal balance of cost and availability of capital.

    “We are excited to partner with SunTrust as we continue to execute in the marketplace and plan for future growth.”, expressed Joey Batchelor, CEO of Guardian.  He continued his excitement for the Company’s prospects by stating “We appreciate the thoughtful guidance and advice provided by the Mazzone & Associates team throughout the transaction process. The M&A team was able to deliver a wide array of attractive financing options in an efficient, well-run process and was keen to focus on a tailored solution to meet our specific needs.”

    Dom Mazzone, the Managing Director who led the transaction, highlighted, “Guardian’s results-driven culture and focus on delivering a wide array of solutions to its customers has driven the industry recognition that the Company has received. We are honored to represent and advise the Management team and Guardian’s shareholders on this transaction.


    Guardian Fueling Technologies LLC, founded in 1972, is a Jacksonville, Florida-based servicer, installer, and distributor of fuel dispensing and storage equipment for retail, commercial, industrial, and marine fueling stations. Under the leadership of its experienced management team, the Company has grown from a small Florida-focused distributor to a full service provider of installation, maintenance, design and distribution services. Today, Guardian has over 12 branch locations throughout the Southeast and Mid-Atlantic.

  • United States
    Recapitalisation
    Recapitalisation
    Funder
    Funder
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Healthcare & Life Sciences

    Mazzone & Associates represented Extremity Healthcare, Inc. in its recapitalization with The PrivateBank

    Mazzone & Associates is pleased to announce its representation of Extremity Healthcare, Inc. (EHI) in its recapitalization with The PrivateBank. Extremity Healthcare Inc., headquartered in Atlanta, GA, was founded by CEO, Dr. David Helfman and the founding shareholders of Village Podiatry Group and is one of the largest podiatric focused physician groups in the U.S. Dr. Helfman expressed his gratitude for Mazzone & Associates by noting that “the Mazzone & Associates team provided the strategic advice and path to recapitalizing our Company, and we are pleased to now have the right structure and additional financial flexibility to execute on our current strategy and future growth plans”. Patrick Putman, Managing Director and Head of Atlanta Commercial Banking for The PrivateBank, added that “we are very excited about this new opportunity to partner with EHI and grow with the Company. With every underwriting being unique, Mazzone & Associates presented the correct approach needed to carry this transaction and was instrumental in helping to bring this transaction across the finish line”


    Extremity Healthcare, Inc. (EHI), headquartered in Atlanta, Georgia, was created on January 1, 2011 by the founding shareholders of Village Podiatry Group. EHI serves as a holding and management services platform supporting multiple medical disciplines in the delivery of comprehensive treatment and diagnostics for anatomical extremities. Furthermore, EHI provides a full suite of shared service solutions including billing, collections, compliance, tax, legal, human resources, marketing, scheduling and operational planning. The organization’s primary goal is to provide the most advanced, integrated medical care with the highest level of economic efficiency.


    PrivateBancorp, Inc., through its subsidiary The PrivateBank, delivers customized business and personal financial services to middlemarket companies, as well as business owners, executives, entrepreneurs and families in all of the markets and communities it serves. Our mission is to deliver compelling banking solutions that advance the goals of our clients; promote the stability of our communities; and enhance the lives of our employees; thereby creating value for our shareholders. As of June 30, 2015, the Company had 34 offices in 11 states and $16.2 billion in assets.

  • United States
    Disposal
    Disposal
    Buyer
    Buyer
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Healthcare & Life Sciences

    Mazzone & Associates, Inc. advised Soft Touch Medical in the sale of the business to Main Street Capital

    Mazzone & Associates, Inc. is pleased to announce the sale of the SoftTouch Medical business to Main Street Capital. Mazzone & Associates served as the exclusive financial advisor to SoftTouch on the sale of its business. Kathleen Yeakey, General Manager of SoftTouch, describes the transaction by saying, “Mazzone & Associates was instrumental in finding the right long-term partner who understood our business model. They showed a high level of integrity and expertise throughout the process.” Colton Braud of Main Street summarized the transaction by noting “the process went smoothly, and we enjoyed getting to work with the Mazzone & Associates team. Main Street looks forward to partnering with Kathleen and the management team to assist SoftTouch in its continued growth as the leading pediatric-focused durable medical equipment and services provider in the region and beyond.”


    Headquartered in Marietta, Georgia and founded in 1997, SoftTouch, a family owned and operated success story, is the leading regional home provider of durable medical equipment and services, primarily serving pediatric patients in the greater Atlanta, Georgia metropolitan area. SoftTouch was founded to address the needs of the increasing amount of patients receiving home healthcare treatment. The Company provides a broad array of medical equipment and services to chronically ill youth through its diverse product offerings, including respiratory therapy, enteral feeding, phototherapy, ventilators, amongst others.


    Main Street is a principal investment firm that provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies. Main Street’s portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides “one stop” financing alternatives within its lower middle market portfolio. Main Street’s lower middle market companies generally have annual revenues between $10 million and $150 million. Main Street’s middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies.

  • United States
    Acquisition
    Acquisition
    Target
    Target
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Healthcare & Life Sciences

    Mazzone & Associates advised ValorBridge Partners in their acquisition of Cornerstone Medical Center

    Mazzone & Associates is pleased to announce that it served as the advisor to ValorBridge Partners in its acquisition of Cornerstone Medical Center, a hospital located in Fort Oglethorpe, Georgia. Formerly known as Hutcheson Medical Center, the hospital has been serving the Walker, Dade and Catoosa Counties since the 1970s. In recent years, the hospital has been negatively impacted by growing unfunded care and decreasing patient volumes. In 2014, the hospital filed for Chapter 11 protection while continuing to operate the business.

    In partnership with ApolloMD, ValorBridge has been managing the operations of the business since December 2015 when they were appointed debtors-in-possession. In May 2016, ValorBridge successfully acquired certain assets of the hospital from the bankruptcy’s trustee. ApolloMD provides ongoing physician and management services to Cornerstone and supports hospital operations as they build emergency services patient volumes. The hospital offers vital emergency medical services as well as certain inpatient services to the North Georgia communities.

    Christopher Durham, the General Manager at ValorBridge expressed his appreciation for Mazzone & Associates by stating, “For many reasons, Mazzone & Associates is our partner of choice in our merger, acquisition and growth capital investment activities. Their capital markets experience enabled us to swiftly execute during the transaction phase, and their experience as operators proved to be invaluable while managing the operations of the hospital as debtors-in-possession.”


    ValorBridge Partners, founded in 2004, is a holding company that owns several affiliated operating companies, including ApolloMD, a successful, hospital-based physician services firm that treats over 2.6 million patients each year nationwide. ValorBridge’s uncommon combination of substantial entrepreneurial, operational and classic value investing experiences, as well as its long-term orientation as an investment partner, has positioned it as a strong partner in providing capital to growing companies. ValorBridge also offers a wealth of strategic guidance and experience gained from successfully growing companies at all stages of the business life cycle. The firm maintains offices in Atlanta and New York.


    Headquartered in Fort Oglethorpe, Georgia, Cornerstone Medical Center is a hospital and medical office building serving the Walker, Dade and Catoosa Counties. With over 400,000 sq. ft., the hospital will provide a suite of emergency medicine, inpatient, laboratory and radiology services to the North Georgia community.

  • United States
    Investment
    Investment
    Target
    Target
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Healthcare & Life Sciences
  • United States
    Disposal
    Disposal
    Buyer
    Buyer
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Healthcare & Life Sciences
  • United States
    Debt Financing
    Debt Financing
    Funder
    Funder
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Financial Services

    Mazzone & Associates Advises Crown Asset Management on Securing Second-Lien Financing

    09/24/2019 —  Mazzone & Associates is pleased to announce that it acted as the exclusive financial advisor to Crown Asset Management in securing second-lien debt financing from Angelo Gordon and Metronome Financial. As part of the transaction, Crown also refinanced its senior and subordinated credit facilities.

    Brian Williams, CEO of Crown, expressed his thoughts on the transaction by stating, “We are excited to partner with Angelo Gordon and Metronome to continue growing our business. We are grateful to Mazzone & Associates for their help on this process. They have been an integral part of our Crown team for almost a decade.”

    Dom Mazzone, the Managing Director who led the transaction, noted, “Crown is one of the most professional, well-run companies we have worked with, and we were honored to advise them on this transaction.”


    Crown Asset Management is a specialty finance company based in Atlanta, Georgia that acquires charged-off accounts receivables. The Company has purchased approximately 500 portfolios, including credit card portfolios, automobile debt, consumer loans, marketplace lending, judgments, and specialty portfolios. Crown has been designated a Certified Professional Receivables Company by the Receivables Management Association International.


    Angelo, Gordon & Co., L.P. is a privately held limited partnership founded in November 1988. The firm currently manages approximately $34 billion with a primary focus on credit and real estate strategies. Angelo Gordon has over 515 employees, including nearly 210 investment professionals, and is headquartered in New York, with associated offices elsewhere in the U.S., Europe, and Asia.


    Metronome is an investment firm that seeks partners in specialty financial asset investments, such as consumer receivables, healthcare receivables and niche consumer loans (performing, semi-performing and non-performing). The firm’s ability to analyze opaque assets and structure tailored facilities allows it offer creative solutions that extend beyond traditional bank financing.

  • United States
    Acquisition
    Acquisition
    Target
    Target
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Energy & Utilities

    Mazzone & Associates advised ValorBridge Partners in the acquisition of Guardian Fueling Technologies

    Mazzone & Associates is pleased to announce that it served as the advisor to ValorBridge Partners in its acquisition of Guardian Fueling Technologies. Guardian was founded by Joey Batchelor, its CEO and President, in 2000, and is a distributor and authorized service center for leading petroleum equipment manufacturers, such as Gilbarco Veeder-Root, OPW, Verifone and Franklin Electric throughout the Southeast. Mr. Batchelor expressed his gratitude for Mazzone & Associates by noting, “There is an art to getting a deal like this done, and Mazzone & Associates successfully carried this transaction across the finish line.” Simeon Wallis, the Investment Director at ValorBridge expressed his appreciation for Mazzone & Associates by stating, “For many reasons, Mazzone & Associates is our partner of choice in our merger, acquisition and growth capital investment activities. Once again, their strategic advice and deal experience expedited the closing of our Guardian Fueling Technologies transaction. We believe the firm is best in class.”


    ValorBridge Partners, founded in 2004, is a holding company that owns and operates several portfolio companies, including ApolloMD, a successful, hospital-based physician services firm that treats over 2.6 million patients each year nationwide. ValorBridge’s uncommon combination of substantial entrepreneurial, operational and classic value investing experiences, as well as its long-term orientation as an investment partner, has positioned it as a strong partner in providing capital to growing companies. ValorBridge also offers a wealth of strategic guidance and experience gained from successfully growing companies at all stages of the business life cycle. The firm maintains offices in Atlanta and New York.


    Headquartered in Jacksonville, Florida, Guardian is a leading specialist in the petroleum equipment industry. With a team of 200 employees, Guardian primarily serves gas stations and convenience stores through the Southeast. In addition to providing a wide range of petroleum equipment systems and related parts, the Company helps businesses manage petroleum equipment repairs, fuel polishing and tank cleaning, POS systems installations, environmental and EMV compliance. Guardian was recently nominated for both the Jacksonville Business Journal’s Fast 50 and Florida’s Fast 100 fastest growing private companies.

  • United States
    Acquisition
    Acquisition
    Target
    Target
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Energy & Utilities
  • United States
    Recapitalisation
    Recapitalisation
    Funder
    Funder
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Energy & Utilities

    Mazzone & Associates Advises Guardian Fueling Technologies on Recapitalization

    Summer 2019 —  Mazzone & Associates advised Guardian Fueling Technologies (“Guardian” or “Company”) on its recapitalization, which will enable the Company to pursue potential organic and inorganic growth opportunities and further align management and shareholder interests.  The tailored capital structure and process created by Mazzone & Associates to meet goals held by management and shareholders ensured that the Company received the optimal balance of cost and availability of capital.

    “We are excited to partner with SunTrust as we continue to execute in the marketplace and plan for future growth.”, expressed Joey Batchelor, CEO of Guardian.  He continued his excitement for the Company’s prospects by stating “We appreciate the thoughtful guidance and advice provided by the Mazzone & Associates team throughout the transaction process. The M&A team was able to deliver a wide array of attractive financing options in an efficient, well-run process and was keen to focus on a tailored solution to meet our specific needs.”

    Dom Mazzone, the Managing Director who led the transaction, highlighted, “Guardian’s results-driven culture and focus on delivering a wide array of solutions to its customers has driven the industry recognition that the Company has received. We are honored to represent and advise the Management team and Guardian’s shareholders on this transaction.


    Guardian Fueling Technologies LLC, founded in 1972, is a Jacksonville, Florida-based servicer, installer, and distributor of fuel dispensing and storage equipment for retail, commercial, industrial, and marine fueling stations. Under the leadership of its experienced management team, the Company has grown from a small Florida-focused distributor to a full service provider of installation, maintenance, design and distribution services. Today, Guardian has over 12 branch locations throughout the Southeast and Mid-Atlantic.

  • United States
    Disposal
    Disposal
    Buyer
    Buyer
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Consumer & Retail

    Mazzone & Associates, Inc. advises Mike Kraft, owner of Econostorage and Econodelivery, in the sale of a storage and logistics business in the Bakken Shale

    Mazzone & Associates, Inc. advised Mike Kraft, owner of Econostorage and Econodelivery, in the sale of a climate-controlled storage facility and food distribution business in the Bakken Shale in North Dakota to an entity controlled by Coborn’s Incorporated. Coborn’s is an employee-owned grocery retail company that is based in St. Cloud, Minnesota. Currently, Coborn’s owns and operates more than 90 retail locations, including 45 grocery stores throughout Minnesota, Wisconsin, Iowa, Illinois, North Dakota and South Dakota. These operate under the brands of Coborn’s, Cash Wise Foods, Save-A-Lot, Economart and Food Pride. Coborn’s also has an online grocery ordering and delivery service named CobornsDelivers; and stand-alone convenience, liquor, video and pharmacy locations. To support its many retail locations, Coborn’s operates its own central bakery, dry cleaning facility and grocery distribution center. Coborn’s has approximately 6,800 employees.

  • United States
    Disposal
    Disposal
    Buyer
    Buyer
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Construction & Engineering

    Mazzone & Associates advised Equarius Waterworks in the sale of its business to Ferguson Enterprises

    Mazzone & Associates is pleased to announce that it served as the exclusive financial advisor to Equarius Waterworks in the sale of its business to Ferguson Enterprises. Equarius was founded by Eric Tracy, its President, in 2011 and is the exclusive distributor of Neptune Technology Group water meters in the state of California. Mr. Tracy expressed his enthusiasm by commenting, “I am very proud of our hard working team and we are excited to join Ferguson Enterprises, an organization that shares our commitment to serving customers with quality solutions. I am grateful to Mazzone & Associates for their execution and expertise in guiding this process to such a successful outcome.”


    Equarius helps California communities successfully manage their water resources for a more sustainable future. The company has been the exclusive distributor of Neptune Technology Group products in California since its founding in 2011. Equarius provides water meters, AMR/AMI radios and advanced software systems to accurately monitor water usage and provide useful data for maximum efficiency, conservation, and revenue generation for the water utility market.


    Ferguson is the largest wholesale distributor of residential and commercial plumbing supplies and pipe, valves and fittings in the U.S. The company is also a major distributor of HVAC/R equipment, waterworks and industrial products and services. Founded in 1953 and headquartered in Newport News, Va., Ferguson has sales of $11.6 billion and approximately 20,000 associates in almost 1,400 locations. Ferguson and its subsidiaries serve customers in all 50 states, Puerto Rico, Mexico and the Caribbean. Ferguson is part of Wolseley plc, which is listed on the London Stock Exchange (LSE: WOS) and on the FTSE 100 index of listed companies.

  • United States
    Recapitalisation
    Recapitalisation
    Funder
    Funder
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Construction & Engineering

    Mazzone & Associates advised Greenwood Communities and Resorts, Inc. in the recapitalization of its senior debt with UBS Real Estate Securities

    Mazzone & Associates advised Greenwood Communities and Resorts, Inc. on the recapitalization of its senior debt. Greenwood Communities and Resorts is an award-winning developer of resort properties and communities throughout the southeast United States. Founded in 1978 by James Self and based in Greenwood, SC, the Company has developed some of the most recognizable communities in the southeastern U.S. that enrich the lives of residents and guests. Bubba Self, Greenwood’s CEO, commented “We appreciate our relationship with Mazzone & Associates and are pleased to have a strong investment banking partner at our side as we look forward to the exciting future for Greenwood Communities and Resorts.”


    Greenwood was created in 1978 when the Self family, who was instrumental in developing Hilton Head Island, acquired Palmetto Dunes Oceanfront Resort and the lands that would become Shelter Cove Harbour and Palmetto Hall Plantation and began developing them into world-class resort and residential communities. Greenwood is a family-owned, values driven developer that strives to do the right thing for its customers, land, communities and resorts, neighbors and for the company. Its current communities and resorts include Palmetto Dunes Oceanfront Resort and Shelter Cove Harbour in Hilton Head Island, SC, the Reserve at Lake Keowee in Sunset, SC, Big Canoe in Jasper, GA, and The Greenwood Building in Greenwood, SC.

  • United States
    Disposal
    Disposal
    Buyer
    Buyer
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Construction & Engineering

    Mazzone & Associates advises a premier Southeast U.S. custom countertop fabricator and installer in the sale of its business to a strategic acquirer

    We are pleased to announce that Mazzone & Associates has advised a premier Southeast U.S. custom granite, quartz and solid surface countertop fabricator and installer in its sale to a strategic acquirer. Our client manages multiple locations throughout the Southeast and services large home builders and independent home construction contractors as well as commercial properties. Mazzone & Associate’s marketing efforts highlighted the Company’s highly automated fabrication process as well as its integrated platform through its fabrication, sourcing, installation, communication and billing processes, which generated higher margins that its peers. Furthermore, the marketing process highlighted management’s leadership, regional market opportunities, quality manufacturing and service metrics, strong sourcing relationships, continued investment and consistent growth. M&A advised ownership in determining the best structure tailored to their needs and worked directly with the buyer negotiating towards the client’s end goals.

    Mazzone & Associates managed a customized process for the interest and proved once again our ability to execute by closing the transaction in under 55 days after signing the letter of intent. This transaction extends our track record in advising leading building products manufacturers and service providers providing customized products and services for large tract builders, distribution centers and independent contractors.

  • United States
    Acquisition
    Acquisition
    Financer
    Financer
    Deal By
    Mazzone & Associates
    (Pandea Member Firm)
    Construction & Engineering