Archive for category: 2015

Griswold 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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New 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

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

New 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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