Sperry Mitchell Advises Green Creative on its Recapitalization in partnership with Fulton Capital and Merit Capital Partners

Green Creative TombstoneNew York, NY GREEN CREATIVE LLC of South San Francisco, CA and GREEN CREATIVE LTD of Hong Kong (collectively, “GREEN CREATIVE” or the “Company”) have been recapitalized by Fulton Capital of Northbrook, IL and Merit Capital Partners of Chicago, IL. GREEN CREATIVE’s management team will retain a substantial equity stake going forward. Sperry, Mitchell & Company, Inc. initiated this transaction, assisted in the negotiations, and served as exclusive financial advisor to GREEN CREATIVE.

Green Creative (www.gc-lighting.com) is a leading developer and manufacturer of innovative light-emitting diode (“LED”) lighting for the Commercial, Industrial, and Specification markets. The Company offers a comprehensive line of LED lighting solutions, which has been widely recognized for category-leading design and performance, and has been adopted by many of the world’s leading commercial retailers and hospitality chains. Green Creative LTD, with operations in Hong Kong and Shanghai, oversees research & development, sourcing, manufacturing, packaging and marketing of the Company products. Green Creative LLC, headquartered in South San Francisco, CA, manages product sales and distribution in North America. The Company was founded in 2010 by Mr. Cole Zucker and Mr. Guillaume Vidal.

Fulton Capital (www.fulton-capital.com) is a private equity firm specializing in the acquisition of market-leading mid-sized companies. Fulton works closely with management teams at the strategic and operational levels to grow businesses into industry-leading companies through a combination of internal growth initiatives and strategic acquisitions.

Merit Capital Partners (www.meritcapital.com) is a private equity firm managing $1.7 billion of capital across five limited partnership. Merit invests in high-quality, established businesses with a goal of working with committed owners and strong managers to increase enterprise values. Merit typically invests with management teams and independent sponsors in recapitalizations, acquisitions, management buyouts, and internal expansions.

Sperry, Mitchell & Company (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 over 300 transactions in a wide range of industries, with values ranging from $10 to $450 million.

Sperry Mitchell Advises Griswold Corporation on its Sale to Strait Lane Capital Partners

Griswold TombstoneGriswold Corporation (“Griswold”) of Moosup, CT has been acquired by  Strait Lane Capital Partners (“SLCP”) of Dallas, TX. Sperry, Mitchell & Company initiated this transaction, assisted in the negotiations, and served as exclusive financial advisor to Griswold.

Griswold Corporation (www.griswoldcorp.com) is a leading manufacturer of open-cell rubber and urethane foam products. Founded in 1949, Griswold develops, formulates, and manufactures high-performance specialty polymers for a diverse group of end markets, including consumer products, electronics, automotive, and general industrial. Griswold is the largest domestic producer of open-cell sponge rubber in continuous roll form, and is a leading manufacturer of urethane foam for technically-complex applications that require superior gasketing, sealing and sound & vibration damping properties.

Strait Lane Capital Partners (www.straitlanecapital.com) is a privately held investment firm focused on acquiring middle-market businesses. SLCP brings strategic insights and expertise including effective governance, operational excellence, vertical market depth, and extensive private and public client relationships. SLCP was formed in 2009 as the investment arm of two family offices.

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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Sperry Mitchell Advises Rex Forge on its Recapitalization in Partnership With CounterPoint Capital Partners

New York, NY (August 2015)Rex Forge of Plantsville, CT, a division of the J.J. Ryan Corporation Rex1(“Rex Forge”), has announced that it has been recapitalized in partnership with CounterPoint Capital Partners of Los Angeles, CA. Sperry, Mitchell & Company, Inc. initiated this transaction, assisted in the negotiations, and served as exclusive financial advisor to Rex Forge.

Rex Forge (www.rexforge.com) is a leading provider of high-quality, specialized forged steel components. Rex Forge serves customers who require critical “cannot fail” steel components. Rex Forge sells components into a range of end-markets, including Heavy Truck & Off-Highway, Light Truck & Automotive, and Fluid Control Valves & Fittings. Rex Forge’s combination of superior quality, unique forging capabilities, and captive die-making capabilities have resulted in a loyal customer base.

CounterPoint Capital Partners (www.counterpointcp.com) is a private equity firm focused on acquiring lower-middle market companies headquartered throughout the United States and Canada with $10 million to $200 million in annual revenues.

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 Advises Art Wilson Company on its Sale to ACG Materials/H.I.G Capital

ArtWilsonNew York, NY (August 6, 2015) Art Wilson Company (“Art Wilson” or the “Company”) of Carson City, NV has been acquired by ACG Materials of Norman, OK, a portfolio company of H.I.G. Capital. Sperry, Mitchell & Company, Inc. initiated this transaction.

Art Wilson Company (www.awgypsum.com) mines, processes and markets anhydrite, gypsum and limestone products used in agricultural, industrial and commercial applications across Nevada, California, Washington, Oregon and Idaho. The Company owns and operates a quarry and downstream production facility in Carson City, Nevada with additional reserves under development nearby.

ACG Materials (www.acgmaterials.com), based in Norman, Oklahoma, mines, mills, processes and distributes minerals and aggregates including gypsum, anhydrite, limestone, sand, gravel and downstream food, pharmaceutical and plaster products across a diverse set of end markets including building products, energy, industrials, infrastructure, agriculture, food and pharmaceuticals.  The Company operates out of 20 locations throughout Oklahoma, Texas, Kansas, Nevada, Washington and British Columbia.  ACG Materials was founded as Harrison Gypsum, LLC in 1955.

H.I.G. Capital (www.higcapital.com) is a leading global private equity and alternative assets investment firm with $19 billion of equity capital under management. Based in Miami, and with offices in New York, Boston, Chicago, Dallas, San Francisco and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris and Rio de Janeiro, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused value-added approach. Since its founding in 1993, H.I.G. has invested in and managed more than 200 companies worldwide. The firm’s current portfolio includes more than 80 companies with combined sales in excess of $30 billion.

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 million to $450

Sperry Mitchell Advises Wood Pro, Inc. on its Recapitalization in partnership with PCM Partners, LLC

WoodPro2New York, NY (July 6, 2015) – Wood Pro Inc. (“Wood Pro Inc.”) has announced that it has been recapitalized in partnership with PCM Partners, LLC of New York, NY. The Company’s management team will retain a meaningful ownership stake. Sperry, Mitchell & Company, Inc. initiated this transaction, assisted in the negotiations, and served as exclusive financial advisor to the Company. Meriwether Capital, LLC, a private investment firm controlled by members of the Rockefeller family, previously had an ownership stake in the Company.

PCM Partners, LLC is a merchant banking firm focused on acquiring lower middle market companies with $2 to $15 million of EBITDA. PCM Partners seeks to partner with strong management teams and niche leaders across various industry verticals.

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.


Daniel Officer Recognized by ACG New York as Dealmaker of the Year

We are pleased to announce that Daniel Officer, Managing Director of Sperry, Mitchell & Company, has been recognized as the 2015 Dealmaker of the Year by the Association for Corporate Growth New York, the premier association for middle market deal-making professionals.

This past year, Dan has successfully closed a number of deals, including the acquisition by Specialty Waste Operating Partners of Susquehanna Services, a leading provider of solids processing services for oil and natural gas drilling operations; the acquisition by Hubbell, Inc. of Litecontrol Corporation, a leading designer and manufacturer of architectural interior lighting fixtures; the acquisition by Escalade Sports of Cue & Case Sales, Inc., a leading designer, marketer and distributor of billiard products & accessories; and the acquisition by Eureka Growth Capital of Jansy Packaging, a full service provider of packaging design, engineering, manufacturing and production services.

Paul Sperry, President and Co-Founder of Sperry, Mitchell & Company, says “Our goal has always been to hire the best and brightest young people and to allow them room to grow and flourish. Dan certainly fits this mold. He is an integral part of our team. We are very proud of his accomplishments.”

Tweet your Congratulations to Dan: @SperryMitchell

Sperry Mitchell Advises Endless Pools on its Sale to Masco Corporation

Endless Pools1New York, NY (March 3, 2015) Endless Pools, Inc. (“Endless Pools” or the “Company”) of Aston, PA has been acquired by Watkins Manufacturing Corporation of Vista, CA, through its parent company, Masco Corporation of Taylor, MI. Sperry, Mitchell & Company, Inc. assisted in the negotiations and served as exclusive financial advisor to Endless Pools.

Endless Pools (www.endlesspools.com) is a leading designer, marketer, and manufacturer of counter-current swimming pools, which allow users to swim or exercise in place against a smooth and adjustable current of water.  The Company’s branded products are well-known for their superior design, functionality, and ease of use. One of the Company’s fastest growing product lines is a swim spa, which is a counter-current swimming pool and spa integrated into a single unit.  Endless Pools was founded in 1988 and has sold its products to over 20,000 customers in over 65 countries around the world.

Masco Corporation (NYSE:MAS) (www.masco.com) is one of the world’s leading manufacturers of home improvement and building products, as well as a leading provider of services including the installation of insulation and other building products.

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 up to $450 million.

Sperry Mitchell Advises Swiff-Train With its Recapitalization in Partnership With Stonebridge Partners

Swiff-Train1New York, NY (January 23, 2015) Swiff-Train Company, LLC (“Swiff-Train” or the “Company”), headquartered in Corpus Christi, TX, announced that its management team has recapitalized the Company in partnership with Stonebridge Partners of White Plains, NY. Swiff-Train’s management team will retain a significant ownership stake. Sperry, Mitchell & Company, Inc. initiated this transaction, assisted in the negotiations, and served as exclusive financial advisor to Swiff-Train.

Swiff-Train Company, LLC (www.swiff-train.com) is one of the largest full-line suppliers and distributors of floor covering products in the country. The Company offers a broad range of hardwood, vinyl, carpet, ceramic, and laminate flooring products, as well as related flooring accessories. Swiff-Train also designs, sources, and markets its own branded line of luxury vinyl tile, called EarthWerks® (www.earthwerks.com), which is sold to domestic and international customers in over 50 countries. Swiff-Train was founded in 1937.

Stonebridge Partners (www.stonebridgepartners.com) was founded in 1986 as an operations-oriented private equity firm focused on recapitalizing and acquiring growing middle-market businesses ranging in value from $30 to $200 million. Taking an active, hands-on approach to value creation, Stonebridge partners with the management teams of its portfolio companies to pursue additional growth avenues and operational efficiencies.

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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Paul Sperry & Beatrice Mitchell Talk to Finance Monthly Magazine

Paul Sperry & Beatrice Mitchell of Sperry Mitchell & Co. talked to Finance Monthly about the current strengths of the M&A market, buyer hunger for data, and the value of being prepared before going to the market.

 

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Sperry Mitchell Receives “Dealmaker of Year” Award from Finance Monthly

Sperry Mitchell served as exclusive financial adviser to LiteControl of Plympton, MA in is sale to Hubbell Incorporated, and received the prestigious award for their involvement in the transaction

 

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