Benning Associates LLC (“BA”), a new investment banking boutique, has opened Boston offices with a strategy of providing differentiated M&A and corporate finance advisory services to middle market private and public company owners and investors.
The BA team brings a different kind of track record and service offering to its middle market clients, combining extensive public/private [...]

On March 9, 2009, Welch Allyn, Inc. acquired MD International, Inc. The financial terms of the transaction were not publicly disclosed.  BB&T Capital Markets served as the exclusive financial advisor to MD International and the selling stockholders.

Harris Williams & Co. is pleased to announce the sale of certain assets of Sunoco, Inc.’s (NYSE:SUN) retail heating oil and propane distribution business (Sunoco Retail Heat) to strategic buyer Superior Plus Corp. (TSX:SPB). Harris Williams & Co. acted as the exclusive advisor to Sunoco. The transaction, valued at approximately $86 million, was led by [...]

Recently the WSJ, I suppose, thought it highly constructive to advise us on the value of lying.  In an article titled, “Lies, Damned Lies and Lies to Tell Your Spouse” the author deemed it quite a good idea to engage in such situational ethics to spare our spouses the truth.  Isn’t it highly ironic that [...]

Cobblestone | Harris Williams is pleased to announce the sale of certain assets of Brittany Stamping, LLC’s Duffy Tool and Stamping Ltd and Sovereign Tool and Engineering Ltd subsidiaries to North American Stamping Group, LLC. Cobblestone acted as the exclusive advisor to Brittany Stamping. The transaction was led by Geoffrey Frankel and Matthew Mueller from [...]

On October 15, 2009, DragonWave Inc. (Nasdaq: DRWI and TSX: DWI) announced that it has completed a $129 million NASDAQ IPO. Canaccord Adams acted as co-lead and joint book-runner for this offering, and this represents the third occasion that Canaccord Adams has led a financing on behalf of the Company. This also marks the first [...]

The August 2009 edition of Mergers & Acquisitions contained an article “Hail to the Chief” which explored the pros and cons to the CEO-Centric model to sourcing deals.  In a nutshell, some private equity firms routinely handpick CEOs long before seeking out investments.  Curiosity got the best of me.  Within the ACG Boston community I [...]

Cobblestone | Harris Williams is pleased to announce the recapitalization of AMES Inc. with Capital Partners, Inc. and its fund, Capital Partners Private Equity Income Fund, L.P. Mr. Greg Cecchi will continue as AMES’ Chairman and Chief Executive Officer and remains a very significant shareholder. Cobblestone acted as the exclusive advisor to AMES. The transaction [...]

TM Capital advised Constantine Carpet, a leading branded designer, manufacturer and marketer of broadloom and modular carpet tile for the high-end commercial market, in its sale to Milliken & Company, a recognized industry leader and one of the largest privately held textile and chemical companies in the world.  Constantine, which was owned by Lineage Capital [...]

By Larry Blumsack, President, Zoka Institute
Larry guest blogs a Should Have Been There column for ACG.
How High Is the Water? When Will Today’s Flood Recede & How Will We Know It? That was the challenge at the Dealmakers Breakfast on October 15th. According to Joe Morgan, Chief Investment Officer, Silicon Valley Bank Asset Management the [...]