Archive for November, 2008

Won Park Joins Covington Associates as Analyst

Monday, November 24th, 2008

Won Park recently joined Covington Associates as an analyst, bringing with him previous investment banking experience to the firm.  Prior to joining Covington, Won worked as an analyst in Piper Jaffray’s Financial Institutions Group in New York.  At Piper, he was involved in completing a variety of transactions including mergers and acquisitions, and public offerings [...]

More Notes from the Lending Underground

Thursday, November 20th, 2008

Keith Broyles over at Siemens Financial Services is unequivocal. Siemens’ headline shouts:  “OPEN FOR BUSINESS, CAPITAL TO LEND”.  Keith is looking for “companies with borrowing needs between $5million and $75million,” and touts that Siemens Financial Services has the allocated dollars to put into the market and is supported by the strength of its AA- parent, [...]

It’s not the Heat, it’s the Liquidity

Thursday, November 20th, 2008

by guest blogger Andrew T. Greenberg, CEO of GF Data Resources LLC and managing director of Fairmount Partners.
Later this week, we’re releasing GF Data Resources’ November 2008 report, featuring data from 104 middle-market private equity firms on deals completed in the $10-250 million value range through September 30, 2008.
This quarter’s report really reflects a combination [...]

Harris Williams & Co. – Software & Solid Results

Wednesday, November 19th, 2008

Harris Williams & Co. has had continued success with the sale of two leading software companies. Both companies, ADERANT Holdings, Inc. and HealthMedia, Inc., have produced solid results for Harris Williams & Co.’s clients despite the challenging market conditions.
HealthMedia, Inc. a venture backed portfolio company of Chrysalis Ventures, Inc., Arboretum Ventures, Avalon Capital Group, and [...]

You Should Have Been There for “The Lorax” and Dr. Seuss – DealMakers Breakfast, November 13, 2008

Friday, November 14th, 2008

by “Should Have Been There” guest blogger, Larry Blumsack, President, Zoka Institute
Howard Berke, CEO of Konarka Technology tied green investing in energy efficiency to Dr. Seuss’s tale of “The Lorax.”  It was a magnificent metaphor that set the tone for his talk at the November 13th Dealmakers Breakfast. This is a metaphor that has been [...]

Boston’s Dealmakers Discuss the Financial Environment for 2009

Wednesday, November 12th, 2008

As many ‘Dealmaker’ readers know, IntraLinks® and The Deal co-hosted the October 30th breakfast seminar on the impact of a new administration on the economy.
With a new President and Congress coming into office and the government’s $700 billion bailout plan underway, the panel of Boston area dealmakers discussed what 2009 may hold.
The session was moderated [...]

Notes from the Lending Battleground

Tuesday, November 11th, 2008

Since the pundits have alternately proclaimed and lamented that lending is dead, we thought it our civic duty here at ACG Boston to send these notes from our lending brethren who have bravely manned the battlements, term sheets in hand and on the ready, to lend.
At the lower end of the market, Ken Smith, President [...]

Investors Face Lessened Risks Ahead

Tuesday, November 11th, 2008

Vitale Caturano is ACG Boston’s Featured Chapter Sponsor, November 2008.
By Jeff Korzenik, Chief Investment Officer, Vitale Caturano
Investors will long remember the painful “Panic of 2008.” We believe that the risks and volatility in the equity markets are receding rapidly.  Although economic news will likely worsen, cheap valuations suggest that individual stocks have more than discounted [...]

Canaccord Adams Advises Hargraves Technology on Sale to Parker Hannifin

Saturday, November 8th, 2008

Canaccord Adams is pleased to announce the acquisition of our client Hargraves Technology by Parker Hannifin Corporation.
Hargraves Technology is a leader in the innovative design and manufacture of miniature liquid and pneumatic diaphragm pump technology, control valves and system solutions. These products control movement and direction of precise amounts of fluid in medical devices and [...]

Canaccord Adams Advises Envox Worldwide on Sale to Enghouse Systems Limited

Friday, November 7th, 2008

Canaccord Adams is pleased to announce the acquisition of Envox Worldwide by Enghouse Systems Limited. The deal utilized Canaccord Adams’ cross-border M&A capabilities, bringing together Enghouse Systems, a Canadian buyer, with Envox Worldwide, a Swedish company backed by Scandinavian investors and led by a U.S.-based management team.
Envox Worldwide is a leading global provider of IP-based [...]