New York, NY (May 28, 2013) – Panline USA, Inc. d/b/a ALEX Toys (“ALEX” or the “Company”) of Northvale, NJ has been acquired by Propel Equity Partners of Greenwich, CT. Sperry, Mitchell & Company, Inc. initiated this transaction, assisted in the negotiations, and served as exclusive financial advisor to ALEX Toys. ALEX Toys (www.alextoys.com) is […]
Morgan Construction Co. had been in the wire rod mill-making business for 120 years, or five generations of family ownership until New York investment bank Sperry Mitchell & Co. sold the steel equipment manufacturer to Austria’s Siemens VAI Metals Technologies for $165 million this spring. Sperry Mitchell, a husband-and-wife boutique formed by Paul Sperry and […]
Beatrice H. Mitchell, principal at New York investment boutique Sperry Mitchell, has been in the trenches making deals for small-business owners for 20 years. There may be no absolutely fail-safe way to prevent deals from crumbling, but Mitchell says sellers can increase their odds of success by hiring a good team. Then expect the unexpected. […]