DealFlow: Investment banking roundup for 5.11.16

Dominion Partners

The firm served as exclusive financial advisor to locally based Fi-Tech Inc., a distributor of specialized industrial components, in its acquisition of Hardy Leather Knives of Liverpool, England and its Arkote Ltd. subsidiary.
Deal value: not disclosed
Deal announced: April 14

Matrix Capital Markets Group

Matrix advised Harbor Petroleum of New England in the sale of its contract dealer business to SEI Fuel Services Inc., a wholly owned subsidiary of 7-Eleven, Inc. Thomas Kelso, John Underwood, Vance Saunders and Andrew LoPresti worked the deal.
Deal value: not disclosed
Deal announced: May 4

Harris Williams & Co.

The firm served as exclusive advisor to Ardent Services LLC and Rabalais Constructors LLC in their sale to EMCOR Group Inc. Ardent had been a portfolio company of Cadent Energy Partners. Drew Spitzer, Matt White, Chris Burnham and Adam Daigle worked the deal.
Deal value: not disclosed
Deal announced: April 15

The company advised the shareholders of AWEBA Werkzeugbau GmbH on the pending sale of AWEBA to Schuler AG. The deal is still subject to anti-trust approval and is expected to close in the second quarter of 2016. Jeffery Perkins, Lars Friemann and Florian Ripperger worked the deal.
Deal value: not disclosed
Deal announced: April 20

The firm announced the sale of Dimensional Management Corp., doing business under the Eastern Dental and Midwestern Dental brands, to Waud Capital Partners. James Clark, Geoff Smith and Jacques Fu worked the deal.
Deal value: not disclosed
Deal announced: April 22

The firm served as exclusive financial advisor to West Star Aviation Inc. in its sale to Norwest Equity Partners. Chris Rogers, Doug Kinard and David Jones worked the deal.
Deal value: not disclosed
Deal announced: May 2

The firm announced the pending sale of AmQuip Crane Rental LLC, a portfolio company of funds managed by Clearlake Capital Group, to certain funds managed by affiliates of Apollo Global Management. Drew Spitzer, Matt White, Chris Burnham and Neha Shah worked the deal.
Deal value: not disclosed
Deal announced: May 3

Hunton & Williams

Attorneys Jeff Jones and Steve Haas advised members of the board of directors of electric utility Cleco Corp. in its sale to an investor group led by Macquarie Infrastructure and Real Assets and British Columbia Investment Management Corp.
Deal value: $4.7 billion
Deal announced: April 13

Transact Capital

Transact served as the exclusive financial advisor to Scottsville-based Payne Paving Company Inc., in its sale to Richmond-based Slurry Pavers. George Sydnor worked the deal for Transact.
Deal value: not disclosed
Deal announced: April 19

Transact served as the exclusive financial advisor to SML Packaging LLC, a Lynchburg-based manufacturer of packaging machinery, in its refinancing with Stearns Bank. George Sydnor worked the deal.
Deal value: not disclosed
Deal announced: April 19

BB&T Capital Markets

BB&T served as co-manager on Torchmark Corporation’s junior subordinated notes offering.
Deal value: $300 million
April 19

The firm served as a co-manager on Physician’s Realty Trust Inc.’s follow-on equity offering.
Deal value: $461.86 million
Deal announced: April 19

The firm served as a co-lead manager on Community Healthcare Trust Inc.’s follow-on equity offering. BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the second quarter of 2016, helping to raise $79,875,000 for our client.
Deal value: $79.87 million
Deal announced: April 19

The firm served as a co-manager on Washington Real Estate Investment Trust’s follow-on equity offering.
Deal value: $130.42 million
Deal announced: May 3

Dominion Partners

The firm served as exclusive financial advisor to locally based Fi-Tech Inc., a distributor of specialized industrial components, in its acquisition of Hardy Leather Knives of Liverpool, England and its Arkote Ltd. subsidiary.
Deal value: not disclosed
Deal announced: April 14

Matrix Capital Markets Group

Matrix advised Harbor Petroleum of New England in the sale of its contract dealer business to SEI Fuel Services Inc., a wholly owned subsidiary of 7-Eleven, Inc. Thomas Kelso, John Underwood, Vance Saunders and Andrew LoPresti worked the deal.
Deal value: not disclosed
Deal announced: May 4

Harris Williams & Co.

The firm served as exclusive advisor to Ardent Services LLC and Rabalais Constructors LLC in their sale to EMCOR Group Inc. Ardent had been a portfolio company of Cadent Energy Partners. Drew Spitzer, Matt White, Chris Burnham and Adam Daigle worked the deal.
Deal value: not disclosed
Deal announced: April 15

The company advised the shareholders of AWEBA Werkzeugbau GmbH on the pending sale of AWEBA to Schuler AG. The deal is still subject to anti-trust approval and is expected to close in the second quarter of 2016. Jeffery Perkins, Lars Friemann and Florian Ripperger worked the deal.
Deal value: not disclosed
Deal announced: April 20

The firm announced the sale of Dimensional Management Corp., doing business under the Eastern Dental and Midwestern Dental brands, to Waud Capital Partners. James Clark, Geoff Smith and Jacques Fu worked the deal.
Deal value: not disclosed
Deal announced: April 22

The firm served as exclusive financial advisor to West Star Aviation Inc. in its sale to Norwest Equity Partners. Chris Rogers, Doug Kinard and David Jones worked the deal.
Deal value: not disclosed
Deal announced: May 2

The firm announced the pending sale of AmQuip Crane Rental LLC, a portfolio company of funds managed by Clearlake Capital Group, to certain funds managed by affiliates of Apollo Global Management. Drew Spitzer, Matt White, Chris Burnham and Neha Shah worked the deal.
Deal value: not disclosed
Deal announced: May 3

Hunton & Williams

Attorneys Jeff Jones and Steve Haas advised members of the board of directors of electric utility Cleco Corp. in its sale to an investor group led by Macquarie Infrastructure and Real Assets and British Columbia Investment Management Corp.
Deal value: $4.7 billion
Deal announced: April 13

Transact Capital

Transact served as the exclusive financial advisor to Scottsville-based Payne Paving Company Inc., in its sale to Richmond-based Slurry Pavers. George Sydnor worked the deal for Transact.
Deal value: not disclosed
Deal announced: April 19

Transact served as the exclusive financial advisor to SML Packaging LLC, a Lynchburg-based manufacturer of packaging machinery, in its refinancing with Stearns Bank. George Sydnor worked the deal.
Deal value: not disclosed
Deal announced: April 19

BB&T Capital Markets

BB&T served as co-manager on Torchmark Corporation’s junior subordinated notes offering.
Deal value: $300 million
April 19

The firm served as a co-manager on Physician’s Realty Trust Inc.’s follow-on equity offering.
Deal value: $461.86 million
Deal announced: April 19

The firm served as a co-lead manager on Community Healthcare Trust Inc.’s follow-on equity offering. BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the second quarter of 2016, helping to raise $79,875,000 for our client.
Deal value: $79.87 million
Deal announced: April 19

The firm served as a co-manager on Washington Real Estate Investment Trust’s follow-on equity offering.
Deal value: $130.42 million
Deal announced: May 3

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