DealFlow: Investment banking roundup for 12.5.12

Markel Corp.
The specialty insurer entered into an agreement to acquire classic car insurer Essentia Insurance Company from OneBeacon Insurance Group LLC. The deal is expected to close in January.
Transaction value: not disclosed
Transaction announced: Oct. 17

BB&T Capital Markets
BB&T Capital Markets served as co-manager of Hercules Technology Growth Capital Inc.’s en public offering. G. Jacob Savage III, Alexander D. Spotts, John H. Ribble, William Hardy and Keith Pomroy worked the deal for BB&T.
Transaction value: $85 million
Transaction announced: Oct. 17

The firm was as co-lead manager of Monroe Capital Corporation’s initial public offering of 5 million shares of common stock G. Jacob Savage III, Alexander D. Spotts, John H. Ribble, Pat A. O’Shea, Michael L. Essex and Eric J. Watson worked the deal for BB&TCM.
Transaction value: $75 million
Transaction announced: Nov. 1

BB&TCM served as joint book-runner of Triangle Capital’s debt offering. G. Jacob Savage III, Alexander D. Spotts, John H. Ribble, Pat A. O’Shea, Michael L. Essex, Eric J. Watson, William Hardy and Keith Pomroy worked the deal
Transaction value: $85 million
Transaction announced: Nov. 2

The firm was the exclusive financial advisor to Prestolite Wire, LLC, a portfolio company of Liberty Lane Partners, as it was acquired by General Cable Corporation. Ryan Mitchell, Jonathan Brabrand and Andrew Latimer worked the deal
Transaction value: not disclosed
Transaction announced: Nov. 2

BB&T Capital Markets | Windsor Group advised STS Aviation Group in its acquisition of Advantage Federal Resourcing, Inc. John Hagan, Jon Clark, Lee Priest, Greg Woodford, Sam Maness and Greg Nossaman worked the deal.
Transaction value: not disclosed
Transaction announced: Nov. 9

MeadWestvaco
MWV Specialty Chemicals, a division of MeadWestvaco announced an agreement to purchase the remaining outstanding ownership stake of Resitec Industria Quimica, Ltda., a Brazilian pine chemical company. MWV and South Africa-based AECI Limited had held a 50-50 joint stake in Resitec for the past four years. The deal is pending.
Transaction value: not disclosed
Transaction announced: Nov. 7

Cary Street Partners
The firm acted as financial advisor to V&W Acquisition, LLC in its acquisition of the nonwovens business of Vitafoam Inc. Jason Johnson, Kevin Womble and Cliff Lynch worked the deal for Cary Street Partners.
Transaction value: not disclosed
Transaction date: Oct. 16

Troutman Sanders
Troutman Sanders attorneys Jim Ryan and Tom Miller represented Winchester, Va.-based Valley Proteins, Inc. in the acquisition of two large rendering plants and other real and personal property owned by Perdue Farms LLC. Ryan and Miller handled the real estate and environmental permitting and compliance aspects of the transactional agreements between the parties.
Transaction value: not disclosed
Transaction announced: Oct. 23

Convergant Domains
Richmond-based IT firm Convergent Domains was acquired by Infinitive, a management consultancy firm in Northern Virginia. Convergent was founded in 1997.
Transaction value: not disclosed
Transaction announced: Nov. 14

Harris Williams & Co.
Harris Williams was the exclusive advisor to Hilex Poly as it was acquired by Wind Point Partners. The seller was TPG Growth which had acquired the company in 2009. Patrick McNulty, Ryan Nelson, Karl Kirkeby and Ian Thomas worked the deal from Harris Williams’ Richmond office.
Transaction value: not disclosed
Transaction announced: Nov. 1

The firm was exclusive financial advisor to Centerplate, Inc. as it was acquired by an investment group led by Olympus Partners. Centerplate was a portfolio company of Kohlberg & Company. Mike Hogan, Ned Valentine, Ryan Nelson, Karl Kirkeby and Brad Morrison worked the deal from Harris Williams’ Richmond office.
Transaction value: not disclosed
Transaction announced: Oct. 18

Harris Williams was exclusive financial advisor to Gulf Coast Machine & Supply Company in its sale to Altus Capital Partners. Altus is a portfolio company of Industrial Opportunity Partners. Jeremy Eberlein and Jason Klinghoffer worked the deal.
Transaction value: not disclosed
Transaction announced: Oct. 16

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