Blue Mountain Ski Area secures financing through Community Bank

  • August 7, 2015September 9, 2021
  • by admin

Blue Mountain Ski Area has secured financing from Community Bank as part of a debt refinancing. EdgePoint identified financing sources, led the negotiations and served as exclusive financial advisor to Blue Mountain Ski Area. Terms of the transaction were not disclosed.

Originally named Little Gap Ski Area in 1977, the area was re-established as Blue Mountain in 1989. As the largest ski area by vertical feet in Pennsylvania, Blue Mountain is currently home to 164 acres of skiable terrain and boasts the highest vertical drop in the state at 1,082 vertical feet. In addition to the 39 ski trails, 16 lifts, and 22 tubing lanes, Blue Mountain maintains a full-service mountain top restaurant, 21 lift access bike trails, three disc golf courses, four ropes courses, and three outdoor laser tag fields – the variety of amenities makes Blue Mountain a true four-season resort.

Community Bank, N.A. is the wholly-owned national banking subsidiary of Community Bank System, Inc. (CBSI), whose predecessor bank was the St. Lawrence National Bank, chartered in 1866. Community Bank maintains its headquarters in DeWitt, New York and is a full-service financial institution, offering complete consumer, business, and financial services. Community Bank has over $7 billion in assets and more than 180 customer facilities across Upstate New York and Northeastern Pennsylvania.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.

Motor City Fastener, Inc. has sold to Kian Capital

  • July 31, 2015August 2, 2021
  • by admin

Kian Capital has acquired Motor City Fastener, Inc. (“Motor City” or the “Company”), the Hazel Park, Michigan-based value-added distributor of fasteners. EdgePoint served as the exclusive financial advisor to Motor City. Terms of the transaction were not disclosed.

For 50 years, Motor City Fastener has supplied the most diversified fastener inventory in the Midwest, serving the automotive, trucking, defense, construction and automation tooling industries. Motor City stocks more than 80,000 SKUs including hex caps, bolts, sockets, nuts, and washers. Motor City is known for its inventory of hard to find items, and the Company often acts as a value-added partner in the development of products for its customers.

Kian Capital, based in Charlotte, North Carolina, makes investments in leading lower middle-market companies across a broad range of industries. Kian Capital partnered with Oakland Standard Co., a Detroit-based private investment partnership, in the acquisition of Motor City.

In response to the transaction, Bob Puskas, President and CEO of Motor City, said, “I am excited about this new chapter in Motor City’s history and am looking forward to working with Kian and Oakland Standard to continue growing the business. Kian and Oakland Standard have shown a deep understanding of the industry and have already identified several growth opportunities which I believe will increase Motor City’s ability to deliver value to our customers.”

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.

Initials, Inc. secures financing through First Financial Bank and…

  • June 25, 2015March 22, 2023
  • by admin

Britney Vickery, founder and partner of Initials, Inc. (“Initials”), has acquired financing from First Financial Bank and MVC Capital as part of a partner buyout. Terms of the transaction were not disclosed.

EdgePoint Capital initiated the transaction, identified and secured financing sources, led negotiations, and served as the exclusive financial advisor to Initials, Inc.

Founded in 2005, Initials is a leading direct sales organization specializing in women’s fashion products and accessories located in Clarkesville, Georgia. The Company designs, produces and sells personalized bags, organizational products and fashion accessories through independent sales representatives. Sales representatives utilize an event-based market approach throughout the U.S.

First Financial Bank is regionally based in Cincinnati, Ohio. First Financial operates over 110 locations throughout the Ohio, Kentucky, and Indiana regions, supporting businesses through a breadth of lending options, including senior term, mezzanine, cash flow and asset based lending. For over 150 years the company has supported local companies to develop their businesses and expand their operations.

Partnering with MVC Capital, a publicly held business development company specializing in a breadth of financing activities, Initials Inc. successfully secured financing.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.

BAMCOR, LLC has sold to BELFOR USA Group

  • June 1, 2015August 2, 2021
  • by admin

BELFOR USA Group has acquired BAMCOR, LLC, the Cleveland, Ohio-based industry leader in rebuilding, repairing and restoring loss affected production machinery and equipment from fire, flood or other catastrophe. EdgePoint served as the exclusive financial advisor to BAMCOR. Terms of the transaction were not disclosed.

BAMCOR provides worldwide turnkey mechanical, hydraulic, structural and electrical rebuild capabilities, returning loss affected machinery to pre-loss or better condition. BAMCOR personnel handle everything from damage assessment and repair planning to quality in house machine rebuilding and final runoff at the customer’s facility.

Headquartered in Birmingham, Michigan, BELFOR is the worldwide leader in property restoration and disaster recovery with more than 6,400 employees in 300 offices spanning 31 countries.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.

doodad has sold to Waveland Investments

  • June 1, 2015August 2, 2021
  • by admin

Waveland Investments has acquired doodad, an Austell, Georgia-based provider of printed newspaper, circular and direct mail advertising inserts. Founded in 1969, doodad is known for its strong operational capabilities, and an unparalleled commitment to superior customer service.

EdgePoint initiated the above transaction, led the negotiations of the sale and served as exclusive sell-side advisor to doodad. Terms of the transaction were not disclosed.

Headquartered in Chicago, Illinois, Waveland Investments is a private equity firm with a committed fund that focuses on lower middle market manufacturing, distribution and service companies all over the United States.

EdgePoint is a leading investment banking firm focused on providing lower middle market business owners with merger and acquisition advisory services.

TransMotion Medical has sold to Winco Mfg., LLC

  • May 1, 2015August 5, 2021
  • by admin

Winco Mfg., LLC has acquired TransMotion Medical (“TMM”), an Akron, Ohio-based leading manufacturer of durable medical equipment. EdgePoint served as the exclusive financial advisor to TMM. Terms of the transaction were not disclosed.

TransMotion Medical is the leading manufacturer of innovative medical stretcher-chairs, a value-added, and disruptive alternative to traditional transport stretchers, procedural tables, and recovery recliners in acute care settings. Founded in 2002, TransMotion Medical has transformed patient transport, offering a solution that eliminates time-intensive and dangerous patient transfers and the need for three distinct pieces of equipment.

Headquartered in Ocala, Florida, Winco Mfg., manufactures a spectrum of specialty durable medical equipment, including medical chairs and recliners, treatment tables, privacy screens, phlebotomy chairs, and other furnishings to a full wide range of healthcare providers.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.

TransMotion received a premium value and financial terms in comparison to those being received within the market, exceeding the Company’s expectations

Ryan Yerkey

Former President

TransMotion Medical, Inc.

The medical product knowledge and expertise of EdgePoint enabled us to have a highly competitive auction process for the sale of TMM. EdgePoint’s disciplined process and negotiating skills made the difference. We were pleased to have found a partner who will support our continued growth.

DAI Ceramics has sold to CeramTec

  • May 1, 2015September 9, 2021
  • by admin

CeramTec has acquired DAI Ceramics, Inc., a Cleveland, Ohio-based niche manufacturer of complex ceramic products critical to the production of high-tech aerospace equipment components and medical devices. EdgePoint served as the exclusive financial advisor to DAI. Terms of the transaction were not disclosed.

DAI Ceramics manufactures molded and extruded ceramic cores for high-tech aerospace and medical equipment. A proprietary ceramic-core mix and unique manufacturing processes allow DAI to offer premium quality products at competitive prices.

With over a century of development experience and production expertise, CeramTec is a leading supplier of advanced ceramics and engineers these materials for use in a wide area of applications. CeramTec is based in Plochingen, Germany, with manufacturing facilities worldwide.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.

Vacuum Systems International has sold to Lakewood Capital

  • February 1, 2015August 2, 2021
  • by admin

Lakewood Capital has acquired Vacuum Systems International (“VSI”), a Cleveland, Ohio-based provider of floor care equipment remanufacturing and management services. Founded in 1994, VSI manages floor care equipment for nearly 72,000 retail facilities in 16 countries. The Company’s core recovery and remanufacturing program provides national multi-store retailers and government clients with a cost saving and sustainable solution for managing large fleets of floor care equipment including commercial vacuum cleaners, floor steamers, and other critical cleaning equipment. EdgePoint served as the exclusive financial advisor to VSI. Terms of the transaction were not disclosed.

Headquartered in Rowayton, Connecticut, Lakewood Capital was formed in 2007 to team with operating management to make control investments in private companies in the lower middle market.

EdgePoint is a leading investment banking firm focused on providing lower middle market business owners with merger and acquisition advisory services.

The Louis Perry Group has sold to CDM Smith

  • December 1, 2014August 2, 2021
  • by admin

CDM Smith has acquired The Louis Perry Group (“LPG”), a Wadsworth, Ohio-based leading engineering /architectural and design-build firm to the power, rubber, plastics, chemical, commercial and industrial markets. EdgePoint served as the exclusive financial advisor to The Louis Perry Group. Terms of the transaction were not disclosed.

With a staff of approximately 80 professional engineers, The Louis Perry Group provides sophisticated engineering / architectural / design-build and construction services to the country’s largest electrical companies and rubber, plastics, chemical and industrial manufacturers. Combining a full spectrum of advanced engineering, architectural and project management talent with an emphasis on attentive and responsive client service, LPG is a preferred alternative to the largest international engineering firms in the world. Founded by Louis Perry in 1985, the Company has managed the design and construction of over 1,500 projects over its 30 year history.

CDM Smith, headquartered in Cambridge, Massachusetts, is a global design-build firm offering engineering and design-build services to the global water, environmental, transportation, energy, and facilities industries. Ranked by ENR Magazine as the 44th largest design-build firm in North America, CDM Smith has offices in 25 countries and 42 states, as well as Washington, D.C. and Puerto Rico. The Louis Perry Group will operate as a distinct subsidiary of CDM Smith, whose credentials in the industrial sector will be bolstered by the acquisition.

EdgePoint is a leading investment banking firm focused on providing lower middle market business owners with merger and acquisition advisory services.

perry

Was able to preserve the emphasis on customer service and maintain the creation of long-term opportunities for employees

Our clients say…

Louis Perry

Louis Perry

Former President

The Louis Perry Group

EdgePoint did an outstanding job for me. My parameters for a buyer were very specific and EdgePoint was able to work within those constraints to identify and negotiate a transaction that was economically compelling to me and that preserved the emphasis I built on customer service and the creation of long-term opportunities for my employees. We are most pleased with their service.

DocuSphere has sold to Tungsten Corporation

  • September 1, 2014September 9, 2021
  • by admin

Tungsten Corporation (LSE: TUNG.L) has acquired DocuSphere, a provider of accounts payable automation solutions. Terms of the transaction were not disclosed.

EdgePoint Capital contacted Tungsten, assisted in the negotiations, and served as the exclusive financial advisor to DocuSphere.

Founded in 1993 and headquartered in Perrysburg, Ohio, DocuSphere focuses on the development, enhancement, maintenance, implementation and support of its unique solution for accounts payable automation with Oracle Validated Integration for JD Edwards and Oracle E-Business Suite and SAP certified integration.

Located in London, United Kingdom, Tungsten Corporation accelerates global trade by enabling customers to streamline invoice processing, improve cash-flow management and make better buying decisions from their detailed spend data.

EdgePoint is a leading investment banking firm focused on providing lower and middle market business owners with merger and acquisition advisory services.