National Dentex Corporation (NASDAQ: NADX) announced that it had entered into a definitive agreement and plan of merger to be acquired by a holding company of GeoDigm Corporation, a portfolio company of Welsh, Carson, Anderson & Stowe. The transaction was approved by shareholder vote on July  29, 2010. Under the terms of the merger agreement, [...]

Stonebridge Associates was recently retained by SmartPill, a venture-backed medical device company, to advise the special committee to the board of directors regarding an insider-led investment round and to render a fairness opinion on the transaction. Led by Mitch Briskin, the Stonebridge team worked with the special committee to structure and negotiate the proposed investment. [...]

ACG Boston, the Boston Chapter of the Association for Corporate Growth (ACG), announced its new chapter president & CEO, Ben Procter, a partner at the Watermill Group, and elected six other members to its board of directors. New board members include Julie Barron, Keith Broyles, Christine Lynch, Kevin Macdonald, Jimmy Rich and Kerry Muse.
“One of [...]

On June 23, 2010, Zaxby’s completed a debt recapitalization transaction funded by Wells Fargo and GE Capital.  BB&T Capital Markets acted as the financial advisor to Zaxby’s.
Zaxby’s is a leading quick service restaurant chain focused on offering fresh, cooked-to-order chicken fingers, wings, sandwiches, salads and side dishes at value prices.  Concentrated on the southern region [...]

Harris Williams & Co. is pleased to announce the sale of Veritext Holding Company (Veritext), a portfolio company of The Riverside Company (Riverside), to Investcorp International, Inc. (Investcorp). Harris Williams & Co. acted as the exclusive advisor to Veritext. The transaction was led by Ned Valentine, John Arendale and Brian Lucas from the firm’s Richmond [...]

Ken’s Foods, Inc., one of the nation’s largest manufacturers of salad dressings, condiments, and sauces, has retained Tully & Holland to represent the Company in an exclusive acquisition search assignment. Ken’s Foods, an $800 million dollar manufacturer and marketer of Ken’s Steak House salad dressing and Sweet Baby Ray’s barbecue sauce, seeks to acquire complementary [...]

On July 14, 2010, Tappan Wire & Cable, Inc., a portfolio company of Ares Capital Corporation, was acquired by Southwire Company. BB&T Capital Markets served as the exclusive financial advisor to Tappan Wire & Cable, Inc.
Tappan Wire & Cable, Inc. was founded in 1978 as a manufacturer of low-voltage specialty wire and cable for the [...]

Harris Williams & Co. is pleased to announce the sale of IDQ Holdings, Inc. (IDQ), a portfolio company of Arsenal Capital Partners, to Castle Harlan. Harris Williams & Co. acted as the exclusive advisor to IDQ and the transaction was led by Chris Williams, Joe Conner, and Doug Kinard from the firm’s Richmond office.
“Overall, this [...]

by Larry Blumsack, President, Zoka Institute
Larry guest blogs a Should Have Been There column for ACG
It was double days for dealmaking at the 2010 ACG Boston Growth Conference held at the Boston Park Plaza. On Wednesday, DealSource – a full day event this year— kicked off the Conference’s first day.  There were two major changes, [...]

Tully & Holland, Inc. is pleased to announce that it advised 96 Degrees, Inc. d/b/a Drew’s All Natural, Chester, VT on the successful completion of its sale of assets to Gertrude Hawk Chocolates, Inc., Dunmore, PA.  Tully & Holland initiated the transaction and acted as the exclusive investment banking advisor to 96 Degrees, Inc. d/b/a [...]