DealFlow: Investment banking roundup for 10.23.13

BB&T Capital Markets
The firm served as exclusive financial advisor to Performance Aftermarket Supplier SCT Holdings in its sale to Global Environment Fund. Jonathan A. Carey, Rex H. GreenJ. Marshall Milliken and Treavor T. Hill worked the deal for BB&T.
Transaction value: not disclosed
Transaction announced: Sept. 20

The firm served as joint bookrunner of Synalloy Corp.’s common stock offering of 2 million shares at $15.75 per share. Matt Gilman, Nicole Guarella, Chas StrafaceMike Essex, Pat O’Shea, Eric Watson and Adam Hahn worked the deal.
Transaction value: $36.22 million
Transaction announced: Oct. 2

BB&TCM served as lead manager of Capitala Finance Corp.’s offering of 4 million shares at $20 per share. Jake Savage III, Alex Spotts, John Ribble, Pat O’Shea, Mike Essex, Adam Hahn and Eric Watson worked the deal for BB&T.
Transaction value: $80 million
Transaction announced: Oct. 7

The firm served as exclusive financial advisor to C&F Financial Corp. in its acquisition of Central Virginia Bankshares. G. Jacob Savage III, Alexander D. Spotts, Blake H. Miller and Andrew C. Jones worked the deal.
Transaction value: $853,000
Transaction announced: Oct. 1

BB&TCM served as exclusive financial advisor to SMB Machinery Systems in its recapitalization with High Road Capital Partners. Ryan Mitchell, Nicole Guarella, Houston Stokes and Allan Cruickshanks worked the deal.
Transaction value: not disclosed
Transaction announced: Oct. 18

Harris Williams & Co.

Harris Williams & Co. advises R•O•M Corp. and Specialty Manufacturing, Inc. in their sale to The Sterling Group. The transaction was led by John Arendale, Frank Mountcastle, Jershon Jones and Mike Williams from Harris Williams’ Richmond office.
Transaction value: not disclosed
Transaction announced: Oct. 1

The firm advised SKLZ on a capital investment from Steelpoint Capital Partners. Todd Morris, Mike Wilkins, Andy Dixon, Matt Conaty and David Bhattacharyya worked the deal for Harris Williams.
Transaction value: not disclosed
Transaction announced: Oct. 11

Harris Williams advised Travel Entertainment Group on its sale to Global Eagle Entertainment Inc. The deal was led by Red Norrie and Francois Morin from Harris Williams & Co.’s London office.
Transaction value: not disclosed
Transaction announced: Oct. 21

Convenience Stores

Catterton Partners, a private equity firm sold Richmond-based Mid-Atlantic Convenience Stores to an affiliate of Sunoco, Inc. MACS operates 71 convenience stores in Virginia and Maryland, most of which are branded Circle K. Catterton first invested in MACS in 2010.
Transaction value: not disclosed
Transaction announced:

Information Technology

Richmond-based SyCom Technologies acquired the System Integration Division of Strictly Business Computer Systems, headquartered in Huntington, W.Va. SBCS serves the IT needs of businesses, schools and governments around the state of West Virginia.
Transaction value: not disclosed
Transaction announced: Oct. 11

Healthcare

Health Diagnostic Laboratory announced a deal to acquire and operate Oncimmune’s Kansas lab and become exclusive licensed U.S. provider of EarlyCDT- Lung, an autoantibody test for early detection of lung cancer. Oncimmune USA’s 25 employees will join the 756-employee HDL, Inc.
Transaction value: not disclosed
Transaction announced: Oct. 22

Utilities

Dominion acquired a solar project in Somers, Conn. capable of producing approximately 5 megawatts of electricity. The seller was Kyocera, which developed the solar site with San Francisco-based CleanPath. It’s expected to begin commercial operation in the 4th quarter. This is Dominion’s third announced large-scale solar project this year.
Transaction value: not disclosed
Transaction announced: Oct. 22

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