Harris Williams & Co. is pleased to announce the sale of Hardigg Industries, Inc. to strategic buyer Pelican Products, Inc., a portfolio company of Behrman Capital. The transaction was valued at approximately $200 million. Harris Williams & Co. acted as the exclusive advisor to Hardigg. The transaction was led by Chris Williams, Bob Baltimore, Brian [...]

Where East + West Network | ACG NY and ACG Utah Present:
1st Annual ACG Dealmakers Ski & Board Conference
Saturday – Monday, March 7-9, 2009 | The Canyons | Park City, UT
During these recessionary times, there’s no better place to gain a new perspective on the business climate than Park City, Utah as it plays host [...]

Recalling the oft quoted “pop poster wisdom”, “When life gives you lemons, make lemonade!” John Loughnane, Partner at Eckert Seamans here in Boston, gives us this piece to ponder:
The current economic climate affords opportunistic buyers the ability to acquire strategic assets at very attractive pricing.  In other words, now is a time to buy good [...]

Please welcome the following new members to the ACG Boston network:
Peter Aransky, Greenfield Commercial Credit LLC
Leonard Aronson, Eric Management, Inc.
William Bade, L-3 Communications, Inc.
Rafael Cofino, Battery Ventures
Patrick Conroy, Ernst & Young
Dan Desmairis, P-Solve Asset Solutions
Andrew Fairbairn, Lagunita Capital
Thomas Farb, Estabrook Ventures
Lee Feldman, Choate, Hall & Stewart LLP
Andrew Godfried, Mazonson LLC
Marcus Hatfield, Pegasystems
John Kenney, TSG Consumer [...]

Cobblestone Advisors is pleased to announce the sale of North American Industries, Inc. to Boulder Brook Partners LLC and Tonka Bay Equity Partners LLC. Cobblestone acted as the exclusive advisor to North American Industries. The transaction was led by John Dickinson and Sterling Adlakha from the firm’s Richmond office.
North American Industries, Inc. is a leading [...]

PNC earned for the first time the No. 1 ranking, based on number of deals, as lead arranger of middle market loan syndications in the U.S. in 2008, according to Loan Pricing Corporation (LPC).  PNC also earned the No. 2 ranking, based on number of deals, as lead arranger of asset-based loan syndications in the [...]

For several weeks now with the euphoria of the election behind us, the press has been in lock step beating a liturgical drumbeat:  doom, gloom, doom, gloom.  A Boston Globe Headline trumpeted in giant font across the page, “A catastrophe looms, Obama tells the nation.” This unabated pessimism cannot be good for our collective psyches.
Yet [...]

A review by Andy Greenberg, GF Data Resources
We’re about to release the year-end GF Data Resource report. It presents an interesting combination of some data confirming conventional wisdom about the M&A marketplace and other data that departs from it.
First, the (somewhat) contrarian results.  Notwithstanding dire anecdotal reports, we just didn’t see valuations or deal volume [...]

Harris Williams & Co. is pleased to announce the completion of the sale of Aquilex Corporation, a portfolio company of Harvest Partners, to Teachers’ Private Capital, the private investment arm of the Ontario Teachers’ Pension Plan. The transaction closed on December 15, 2008 and was executed by Harris Williams & Co.’s Energy & Power Group. [...]

by “Should Have Been There” guest blogger, Larry Blumsack, President, Zoka Institute
Keep your powder dry, strengthen and stabilize your portfolio companies, because the future of Private Equity remains as murky as predicting where the U.S. economy is heading in the future. That was the consensus outlook at the “Dealmakers 2009 Outlook Conference” last week at [...]