Sperry Mitchell Advises Waterland on its Sale to KODA

New York, NY (August 8, 2018)Water-Land Manufacturing, Inc. d/b/a Continental Trailers and Waterland Supply Co., Inc. (collectively “Waterland”) of Doral, FL have been acquired by KODA Enterprises Group (“KODA”) of Waltham, MA. Sperry, Mitchell & Company initiated this transaction, assisted in the negotiations, and served as exclusive financial advisor to Waterland.

Concurrent with the transaction, Mr. James “Kelly” Hays has been appointed President and CEO of Waterland. Mr. Hays has spent many years with Waterland, most recently serving as Executive Vice President. Mr. Hays states, “We are excited to have KODA as our new partner. We look forward to working with them to enhance our growth trajectory and to forging an exciting future together.”

Water-Land Manufacturing, Inc. d/b/a Continental Trailers (www.continentaltrailers.com) is a leading marine trailer manufacturer that maintains long-term relationships with its core customer base of boat dealers & manufacturers, trailer dealers, and marine accessory dealers. Continental Trailers’ product line spans a wide spectrum of trailers for saltwater boats, personal watercrafts, jet skis, pontoons, catamarans, Jon boats, skiffs, kayaks, and canoes. Waterland Supply Co., Inc. is a leading wholesale distributor of aftermarket parts and accessories for marine trailers, serving customers in Florida and internationally.

KODA Enterprises Group (www.koda.com) is a middle market private investment firm that concentrates on companies in niche markets that have the potential to benefit from the financial strength and operational expertise KODA provides to its portfolio companies.

Sperry, Mitchell & Company (www.sperrymitchell.com) is an investment banking firm specializing in sell-side middle-market merger and acquisition advisory services. Since the firm’s founding in 1986, Sperry, Mitchell & Company has completed over 350 transactions in a wide range of industries, with values ranging from $10 to $450 million.

 

View articles about this transaction: (click below)

Mergers&Acquisitions

Sperry Mitchell Advises Carter Control Systems on its Sale to Lummus Corporation

New York, NY (June 26, 2018) Carter Control Systems (“CCS”) of Frederick, MD, a portfolio company of Tulcan of Houston, TX, has been acquired by Lummus Corporation of Savannah, GA, parent corporation of System Solutions of Kentucky (“SSK”) of Louisville, KY. Sperry, Mitchell & Company assisted in negotiations and served as exclusive financial advisor to CCS.

Carter Control Systems (www.cartercontrols.com) is a leading provider of automated material handling and industrial automation solutions to customers across the U.S., serving an array of end-markets, including: postal, parcel, retail, food & beverage, and pharmaceutical. CCS provides a full range of equipment, controls and software, which helps customers address all aspects of their material handling and industrial automation needs, increasing efficiency to save companies time and money.

Lummus Corporation (www.lummus.com), which dates to 1863, is the leading full-line supplier of machinery and replacement parts for the cotton ginning industry. System Solutions of Kentucky, an operating subsidiary of Lummus, is a single-source material handling systems integration company serving clients across North America. SSK is recognized for providing quality design, products, and high-touch services that allow customers to execute their logistics strategies.

Tulcan  (www.tulcan.com) is a private investment office specializing in growth equity and buyout investments in middle market companies. Tulcan invests in businesses with stable cash flows & successful management teams, focusing on investments in the process equipment manufacturing, heavy equipment, machining & metal fabrication, distribution, food processing, oilfield services, and chemical manufacturing markets.

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.

 

View articles about this transaction: (click below)

System Solutions of Kentucky

RFD TV

PRLeap

Daniel Officer Featured as ACG New York’s Member of the Month

Dan Officer, Managing Director, was featured as ACG New York’s member of the month in March of 2018. He has been a member of ACG New York since 2013 and recently served as Vice Chair for their Manufacturing Conference, which was held in New York City.

To view the entire article, click below:

ACG New York Member Highlight

Alexander Coggin and Kyle Morgan Promoted to Associates

We are pleased to announce the promotion of Alexander Coggin and Kyle Morgan to Associates.

 

 

 

Alexander Coggin, Associate

B.A. Trinity College

 

Alex is primarily focused on company, transaction, and market analysis for potential and current clients, as well as providing overall sale process support. Prior to joining Sperry, Mitchell & Company, Alex held positions with Keefe, Bruyette & Woods and Fidelity Investments. Alex graduated from Trinity College with a degree in Economics.

 

 

 

 

 

 

Kyle Morgan, Associate

B.A. Johns Hopkins University

—

Kyle Morgan is primarily focused on company, transaction, and market analysis for potential and current clients, as well as providing overall sale process support. Prior to joining Sperry, Mitchell & Company, Kyle worked for Oppenheimer & Company. Kyle graduated from Johns Hopkins University with a degree in Economics. During his time at Johns Hopkins, Kyle played wide receiver for the football team.

 

 

 

 

 

 

Beatrice Mitchell Speaks to Mergers & Acquisitions

Beatrice Mitchell gives her insight on the current state of the M&A market with Keith Button of Mergers & Acquisitions. To read the article, please click here.