DealFlow: Investment banking roundup for May 27, 2015

Matrix Capital Markets Group
The firm represented Chesapeake-based Area Equipment Rentals & Sales as it was acquired by Blue Line Rental. It also represented Best Oil Co., doing business as Little Store, in the sale of its retail assets to Travel Centers of America. It also helped Best Oil sell its wholesale fuel supply business and transportation division to NuWay Cooperative. One the buy-side, Matrix advised Schurz Communications, Inc., which acquired Long Lines.
Transactions announced: April 2
Transaction value: not disclosed

Harris Williams & Co.
The firm advised Pexco LLC, a portfolio company of Odyssey Investment Partners, in the sale of its aerospace business assets to TransDigm Group Inc. Jon Nemo, Doug Kinard, Chris Smith and Meghan McGurk worked the deal for Harris Williams.
Transaction announced: May 14
Transaction value: $496 million

The firm represented Driven Brands, Inc., a portfolio company of Harvest Partners, as it was sold to affiliates of Roark Capital Group. The transaction was led by Joe Conner, Jason Bass, Jershon Jones, Chris Williams and Jonathan Meredith from Harris Williams.
Transaction announced: April 17
Transaction value: not disclosed

The firm advised Health & Safety Institute, Inc., a portfolio company of DW Healthcare Partners, on its sale to The Riverside Co. Todd Morris, Andy Dixon, Andrew Hewlett and Mike Wilkins worked the deal.
Transaction announced: May 19
Transaction value: not disclosed

Cary Street Partners
The firm advised Superior Fibers, a portfolio company of High Street Capital and Bridge Street Capital Partners on the sale of its composite division to Stonewood Capital Management.
Transaction announced: April 24
Transaction value: not disclosed

BB&T Capital Markets
The firm served as underwriter on Echo Global Logistics follow-on equity offering.
Transaction announced: May 5
Transaction value: $145 million

The firm was exclusive financial advisor to TPC Wire & Cable Corp. in its sale to Audax Private Equity, in partnership with TPC management.
Transaction announced: May 14
Transaction value: not disclosed

Deals in the news:

Richmond Multisports, which was acquired in December by local businessman Avrum Elmakis, absorbed race organizer Blended Events.

VisionQuest Wealth Management purchased Southside-based Deckert Financial Management for an undisclosed sum.

Illinois-based CCC Information Services paid $22 million to purchase Glen Allen-based DriveFactor.

Notify of
Inline Feedbacks
View all comments