Sperry Mitchell Advises KLW Plastics on its Sale to BWAY Corporation

New York, NY (September 13, 2016) – KLW Plastics, Inc. (“KLW”) of Monroe, OH, a portfolio company of KODA Enterprises Group of Waltham, MA, has been acquired by BWAY Corporation of Oakbrook, IL, a portfolio company of Stone Canyon Industries of Santa Monica, CA. Sperry, Mitchell & Company served as exclusive financial advisor to KLW Plastics.

KLW Plastics, Inc. (www.klwplastics.com) is a leading manufacturer of one to seven gallon rigid and semi-rigid tight-head plastic containers, serving the food, chemical and agricultural end-markets. KLW is headquartered in Monroe, OH, with additional manufacturing facilities in Houston, TX and Atlanta, GA.

KODA Enterprises Group (www.koda.com) is a private holding company headquartered in Waltham, MA, that specializes in acquiring and operating middle market companies focused on manufacturing and distributing industrial and consumer products.

BWAY Corporation ( www.bwaycorp.com ) is a leading North American supplier of general line rigid containers. The Company operates 25 plants throughout the United States and Canada, serving industry leading customers on a national basis. BWAY’s rigid metal containers include paint cans, steel pails, aerosol cans, monotop cans, and pour top cans. The Company also manufactures rigid plastic packaging, including pails, drums, and hybrid paint cans.

Stone Canyon Industries, LLC (www.stonecanyonllc.com) is a global industrial holding company based in Santa Monica, CA with subsidiaries involved in the consumer & retail, food & ingredients, industrial, business services and transportation fields. Founded in 2014, Stone Canyon focuses on acquiring market-leading companies with strong management teams in highly defensible industries around the world.

Sperry, Mitchell & Company, Inc. (www.sperrymitchell.com) is an investment banking firm specializing in middle-market merger and acquisition advisory services.  Since the firm’s founding in 1986, Sperry Mitchell has completed hundreds of transactions in a wide range of industries, with values ranging from $10 to $450 million.

 

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Beatrice Mitchell Invited to Speak as an Expert Panelist at Merrill Corporation Webinar

Beatrice Mitchell was invited by Merrill Corporation to take a seat on the panel of experts for their webinar: Current Trends and Outlook for M&A and Private Equity. Over 1,000 participants tuned into the webinar and took part in the survey. For access to the complete playback, click here.

 

 

 

 

Tom Pogacnik Interviewed by Finance Monthly

Tom Pogacnik was recently featured in the July issue of Finance Monthly regarding his role in arranging the merger of client Morrow & Company (Stamford, CT) and Sodali (London, UK), creating Morrow Sodali Global, which is now the largest independent corporate governance, proxy solicitation, and shareholder services firm in the world.

For access to the complete interview, click here.

2016 J.P. Morgan Corporate Challenge

For the past 15 years, Sperry, Mitchell & Company has fielded a competitive team for the J.P. Morgan Corporate Challenge road race. Our 2016 team was comprised of Tom Pogacnik, Dan Officer, Melissa Cole, Kyle Morgan, Matt Nicolai and Krista Agatielli.

The New York course spans a USATF-certified 3.2 mile distance, and is run on the inner roadway of Central Park. This year’s race attracted over 5,000 participants.

While the 2016 Sperry Mitchell team did not win any awards, their post-race celebration was unmatched.

 

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Beatrice Mitchell Speaks at The Bloomberg Breakaway Summit

Beatrice Mitchell speaks with Bloomberg’s Jason Kelly at The Bloomberg Breakaway Summit, sharing her advice for companies looking to buy or sell. For full access to the session please click here.

 

Bloomberg

Sperry Mitchell Advises Morrow & Co. on its Sale to Sodali Inc.

Morrow TombstoneNew York, NY (May 11, 2016) Morrow & Co., LLC (the “Company”) of Stamford, CT has been acquired by Sodali Inc. to create Morrow Sodali Global LLC, the largest independent corporate governance, proxy solicitation, investor relations, capital markets and shareholder services firm in the world, serving more than 600 corporate clients in 30 countries.  Sperry, Mitchell & Company, Inc. initiated this transaction, assisted in the negotiations, and served as exclusive financial advisor to Morrow & Co.

Morrow & Co. (www.morrowco.com) was founded in 1972 and has grown to become the leading independent provider of proxy solicitation and corporate governance consulting services in the U.S., serving hundreds of major publicly-traded companies, mutual funds, and financial institutions looking to reach and influence shareholders.  The Company’s services include solicitation for annual shareholder meetings and proxy contests, stock watch services, and year-round research and consulting on emerging governance trends.  Morrow & Co. maintains offices in Stamford, Dallas, and Chicago.

Sodali Inc. (www.sodali.com) is a global leader in advising boards of directors and senior management on issues such as corporate governance, director evaluation, management succession, executive compensation, shareholder engagement and transparency, investor communication, IPOs, bond holder transactions, social policy, and sustainability.  Sodali has offices in London, New York, Geneva, Madrid, Paris, Rome, and partnerships in Sao Paulo, Beijing, Johannesburg, Mexico City and Lima.

Sperry, Mitchell & Company, Inc. (www.sperrymitchell.com) is an investment banking firm specializing in middle-market merger and acquisition advisory services.  Since the firm’s founding in 1986, Sperry Mitchell has completed hundreds of transactions in a wide range of industries, with values ranging from $10 to $500 million.

 

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Wall Street Journal

Tom Pogacnik & Daniel Officer Recognized as Winners of Emerging Leader Awards From The M&A Advisor

New York, NY (April 19, 2016) – Sperry Mitchell is proud to announce that Tom Pogacnik and Daniel Officer have both been recognized by the M&A Advisor as winners of The 7th Annual Emerging Leader Award. They were chosen for their accomplishments and expertise from a large pool of nominees by an independent judging panel of distinguished business leaders.

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We are honored and proud to announce that both Tom Pogacnik and Daniel Officer have been chosen as recipients of  M&A Advisor’s 7th Annual Emerging Leader Award. Tom and Daniel are significant contributors to Sperry Mitchell’s success. They are both gifted dealmakers and important members of our team.” -Paul Sperry

 

Tom Pogacnik has nearly 20 years of M&A experience and is primarily focused on originating and evaluating potential clients, as well as marketing and executing deals across a variety of industry sectors, including industrial manufacturing, business services, and consumer goods.

Prior to joining Sperry Mitchell, Tom was a Vice President at Johnsen, Fretty & Company, a leading boutique investment banking firm serving the media and communications industry. While at Johnsen Fretty, Tom specialized in mergers & acquisitions, capital raising, and valuations, having successfully completed 35 deals.

Tom earned a B.A. from Gettysburg College.

 

Daniel Officer is primarily focused on marketing and executing deals. Dan has transaction experience in a variety of industries, including manufacturing, chemicals, distribution, packaging, business services, energy, and consumer products.

Dan was chosen as the Dealmaker of the Year by the Association for Corporate Growth in 2015 and Dealmaker of the Year by Finance Monthly in 2014. Dan is an active member of the Investment Banking Committee for the New York Chapter of the Association for Corporate Growth.

Previously, he worked for the Corporate Finance team at Greenwich Associates, a global provider of strategic consulting and research services for the financial services industry. Dan is passionate about educational equity and is actively involved with Teach for  America, where he serves on the Young Professionals Committee.

Dan earned a B.A. with honors from Dickinson College.

 

Below are pictures of Tom and Dan receiving their Emerging Leader Awards at the Gala which was held at The New York Athletic Club on Friday, June 10th of 2016.

Sperry Mitchell Advises Advanced Precision on its Sale to ARCH Global Precision

API-Tombstone-450x574New York, NY (March 9, 2016) – Advanced Precision Inc. (“Advanced Precision” or the “Company”) of Sparta, NJ has been acquired by ARCH Global Precision LLC of Livonia, MI, a portfolio company of Strength Capital Partners. Sperry, Mitchell & Company, Inc. initiated this transaction, assisted in the negotiations, and served as exclusive financial advisor to Advanced Precision.

Advanced Precision Inc. (www.advancedprecision.com)  is a leading high-precision contract manufacturer of medical instruments, devices, and implants for the orthopedic market. The Company fulfills prototype and low-volume short-run orders of specialty medical devices requiring extremely tight tolerances, and provides a wide range of design, development, and precision manufacturing services, including EDM, CNC milling, CNC turning, grinding, welding, cutting, rapid prototyping, assembly, and finishing.

ARCH Global Precision LLC (www.archglobalprecision.com) is a leading manufacturer of precision machined components and industrial cutting tools and instruments.

Strength Capital Partners (www.strengthcapital.com) is a Birmingham, Michigan-based private equity firm that invests in businesses with $4 million to $20 million in EBITDA, with a primary focus on platform companies in the Central United States.

Sperry, Mitchell & Company, Inc. is an investment banking firm specializing in middle-market merger and acquisition advisory services. Since the firm’s founding in 1986, Sperry Mitchell has completed hundreds of transactions in a wide range of industries, with values ranging from $10 to $500 million.

 

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Sperry Mitchell Advises Itran Precision Rubber on its Sale to Acme Machell

New York, NY (March 15, 2016) Axil Corporation d/b/a Itran Precision Rubber (“Itran” or the “Company”) of South Plainfield, NJ has been acquired by Acme Machell Company, Inc. of Waukesha, WI. Sperry, Mitchell & Company, Inc. initiated this transaction, assisted in the negotiations, and served as exclusive financial advisor to Itran. 

Itran Precision Rubber (www.itranrubber.com) is a manufacturer of custom molded rubber products. The Company specializes in niche, low-volume components with unusual or complex manufacturing requirements. Itran’s portfolio of end-to-end services includes new product design assistance and engineering, in-house tooling, prototyping, and custom formulation, injection and compression molding, rubber-to-metal bonding, and specialized finishing and assembly. Key end markets include fluid handling, recreational marine, aerospace and defense, and electrical.

Acme Machell Company, Inc. (www.acmemachell.com) is a manufacturer of custom molded rubber products such as boots, grommets, seals, and other highly-engineered components. Specializations include material development, tooling design, insert molding, overmolding, and value-added assembly.

Sperry, Mitchell & Company, Inc. (www.sperrymitchell.com) is an investment banking firm specializing in middle-market merger and acquisition advisory services.  Since the firm’s founding in 1986, Sperry Mitchell has completed hundreds of transactions in a wide range of industries, with values ranging from $10 to $500 million.

Sperry Mitchell is Pleased to Announce the Promotion of Daniel Officer

Sperry, Mitchell & Company is pleased to announce the promotion of Daniel Officer to Director.

Since joining our firm, Dan has successfully initiated and closed numerous transactions across a variety of inDan1-200x300dustries, including manufacturing, chemicals, distribution, packaging, business services, energy, and consumer products.

Select transaction highlights include: the sale of Acetylene Oxygen Company, the largest independent distributor of industrial gases in South Texas, to Praxair Inc. (NYSE:PX); the sale of ALEX Toys, a leading designer and producer of toys and children’s lifestyle products, to Propel Equity Partners; the sale of Cue & Case Sales, Inc., a leading designer and distributor of billiard products & accessories, to Escalade Inc. (NASDAQ:ESCA); the recapitalization of Griswold Corporation, a leading manufacturer of open-cell rubber and urethane foam products, by Strait Lane Capital Partners; the recapitalization of Jansy Packaging, a leading provider of specialty packaging solutions for branded consumer products, by Eureka Growth Capital; and the sale of Litecontrol Corporation, a leading designer and manufacturer of architectural interior lighting fixtures, to Hubbell, Inc. (NYSE:HUB.B).

In 2015, Dan was recognized as Dealmaker of the Year by the New York chapter of the Association for Corporate Growth (“ACG”).

Dan graduated with honors from Dickinson College with a B.A. in Economics.