Real Food Blends has been acquired by Nutricia, part…

  • October 20, 2020March 22, 2023
  • by admin

Nutricia, part of world-leading food, beverage and nutrition company Danone, acquired Real Food Blends, a Chesterton, IN based provider of real food meals for people with feeding tubes. EdgePoint served as the exclusive financial advisor to Real Food Blends. Terms of the transaction were not disclosed.

Real Food Blends was founded in 2012 by Julie and Tony Bombacino, who were inspired by their young tube-fed son, AJ, and a belief that we all deserve real food. Armed with determination and their love for AJ, the Bombacinos spent years in research and development to create Real Food Blends, and provide access to 100% real food meals and nutritional variety to people with feeding tubes and their families, at home or on-the-go.

Real Food Blends is the only company that focuses solely on real food products in the more than $1 billion U.S. tube-feeding market. Nutricia, committed to transforming lives through the power of nutrition for more than 120 years, supports healthy growth and development during the first 1,000 days including faltering growth, food allergy, rare metabolic diseases, epilepsy and wound healing. Nutricia and Real Food Blends share a deep commitment to bring life-changing, and lifesaving nutrition solutions to people in need, including children and adults with feeding tubes, and their families.

Nutricia is part of Danone’s Specialized Nutrition business. Danone is a global leader in the food industry and in North America is the world’s largest Certified B Corporation®, with a mission to bring health through food to as many people as possible. Through Nutricia’s broad reach in the U.S., more parents, adults, and healthcare providers will be made aware of Real Food Blends’ unique product offerings.

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

Headquartered in Chesterton, IN, Real Food Blends is a pioneer of blended real food meals for the enteral nutrition market, operating a trusted brand that is disrupting a multi-billion-dollar industry.

Our clients say…

Julie & Tony Bombacino

Founders and Former Owners

Real Food Blends

When we decided to sell our company, we met with investment firms of all sizes. We connected with EdgePoint on a personal level during the very first call. They were knowledgeable, professional and easy to talk to – they were human, real and not caught up in banker/PE talk trying to talk over and around us. They referred to themselves as “blue collar” investment bankers. That really resonated with Julie and I since we come from humble beginnings and blue-collar families.

Once we began the process, the EP team guided us every step of the way; from creating our pitch deck, making the buyer list and through the ups and downs of a multi-month acquisition process. The really impressive part is they did all of this during a global pandemic and were able to engage, vet and connect with multi-national companies without ever meeting with them in person. In the end, we found a strategic buyer and were able to secure a deal with a favorable valuation and set of terms. We’re grateful for Edgepoint and know we couldn’t have secured this outcome without their experience, guidance, humility and work ethic.

Silicon Valley TMS has been Acquired by Refresh Mental…

  • October 16, 2020August 2, 2021
  • by admin

Refresh Mental Health, a portfolio company of Lindsay Goldberg, acquired Silicon Valley TMS (“SVTMS” or the “Company”), a San Francisco Bay Area-based Psychology and Pain Management practice offering Transcranial Magnetic Stimulation (“TMS”), psychiatric services, and pain management treatments. EdgePoint served as the exclusive financial advisor to SVTMS. Terms of the transaction were not disclosed.

Founded in 1994, SVTMS (https://www.siliconvalleytms.com/) is a pioneer in providing TMS services, a cutting-edge treatment protocol for severe depression and OCD. In addition, the Company offers a full range of psychiatric services across its five locations in the Bay Area, and a unique integration with pain management services at its Monterey Bay location.

Headquartered in Jacksonville Beach, FL, Refresh Mental Health owns and operates leading mental health practices with specialized programs throughout the United States.

Lindsay Goldberg is private equity firm a leading private investment firm focused on partnering with families, founders and management teams.

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

Our clients say…

Saad A Shakir, M.D.

Founder

Silicon Valley TMS

“EdgePoint was an excellent choice for us. We were very impressed with the tremendous knowledge and experience of their team, as well as the easy access to work with them any time of day or night. EdgePoint was able to find an optimal match for our practice that fits strategically and maintains our brand and legacy into the future. We were very pleased with their skills, experience, knowledge and negotiation abilities to serve us well. They truly became a member of our team that we trusted and relied on. I am very happy to recommend them to anyone that is contemplating selling their healthcare business.”

Northeast Health Services, LLC has been acquired by Shore…

  • October 1, 2020December 13, 2021
  • by admin

Shore Capital Partners acquired Northeast Health Services, LLC (“NEHS”), a comprehensive provider of community-based mental health services, headquartered in Plymouth, Massachusetts. EdgePoint served as the exclusive financial advisor to NEHS. Terms of the transaction were not disclosed.

Founded in 1998, NEHS (www.northeasthealthservices.com) is a comprehensive provider of outpatient mental health services in southeast Massachusetts. The Company has established itself as the region’s preeminent behavioral health caregiver by function of its specialty treatment service offering, superior access given to patients at any and all times through 10 clinic locations, and a long-tenured and motivated staff of clinicians.

Headquartered in Chicago, IL, Shore Capital Partners is a is a healthcare-focused lower middle market private equity firm that specializes in partnering with companies that have between $5 and $50 million of revenue.

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

Our clients say…

Wally Varonko

Partner

Northeast Health Services

The EdgePoint team was a patient partner, offering honest, good advice to help us maximize our value, and working with us over an extended period of time to find the right buyer at the right time.

Bob Conway

Partner

Northeast Health Services

Thanks to EdgePoint, we found the right partner for the future of our business, that will offer new opportunities for our clients and staff. This will be an exciting adventure!

Front Range Stone has been acquired by Patrick Industries,…

  • September 25, 2020August 2, 2021
  • by admin

Patrick Industries, Inc has acquired Front Range Stone (“FRS”), an Englewood Colorado-based fabricator and installer of countertops. EdgePoint served as the exclusive financial advisor to FRS. Terms of the transaction were not disclosed.

Founded in 2001, FRS (www.denvergranitecountertop.com) is a leading fabricator and installer of a wide variety of countertop products, including natural stone, quartz, laminates, and wood. The Company has distinguished itself from its competitors thanks to a business culture focused on customer service, business systems, technology, training, and professionalism.

Patrick Industries, Inc. is a publicly-traded (NASDAQ: PATK) manufacturer and distributor of component and building products for the recreational vehicle, marine, and manufactured housing industries.

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

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Eighth Day Sound Systems, Inc. has been acquired by…

  • August 27, 2020August 2, 2021
  • by admin

Clair Global acquired Eighth Day Sound Systems, Inc. (Eighth Day), a Cleveland, Ohio headquartered provider of live sound coverage for the world’s top-grossing tours and festivals. EdgePoint served as the exclusive financial advisor to Eighth Day. Terms of the transaction were not disclosed.

Founded in 1980, Eighth Day Sound is a leader in providing sound equipment and a “relationship first” experience to artists, tour directors and production managers. With offices in Cleveland, Los Angeles, London and Sydney, Eighth Day’s equipment and expertise are used at concerts, events, and venues globally.

Building on over 50 years of experience, Clair Global is a leading service provider to the touring, festival, broadcast, and corporate markets. Clair provides clients with solutions to their needs in audio, communications, backline, and data services.

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

Our clients say…

Tom Arko

President
Eighth Day Sound

I could not be more pleased with the services of Edgepoint. The team worked with us through a long and difficult process with an initial buyer, managing the process and working with my staff side-by-side. Most importantly, they instilled in us the confidence that great alternatives were available if at any point we didn’t feel it was the right candidate. We didn’t! Edgepoint negotiated and closed an even better deal in less time than we spent negotiating with the initial party.

Master Distribution LLC has been acquired by AFC Industries,…

  • August 17, 2020August 2, 2021
  • by admin

AFC Industries, Inc., a portfolio company of Incline Equity Partners acquired Master Distribution LLC, a Brunswick, Ohio-based value-added distributor of channel and pipe fittings and other related metal hardware products. EdgePoint served as the exclusive financial advisor to Master Distribution. Terms of the transaction were not disclosed.

Founded in 2005, Master Distribution maintains a comprehensive portfolio of difficult-to-source products used across diverse applications among commercial, industrial, infrastructure, utility, and energy end-markets. As a result of the company’s strong inventory management and warehousing capabilities, Master Distribution creates bespoke product programs for its customers, including packaging and labeling of orders in order to meet their needs on a just-in-time basis.

Headquartered in Fairfield, Ohio, AFC Industries, Inc. is a leading provider of supply chain management services and vendor managed inventory programs to original equipment manufacturers. The company specializes in fasteners and other essential assembly components. AFC also provides a wide array of value-added services, including kitting, packaging, assembly, and other customization specific to their customers’ needs.

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

Our clients say…

Jim Sturgill

President / CEO

Master Distribution LLC

EdgePoint’s team of highly skilled professionals truly exceeded our expectations as they guided us through the marketing and selling of our business. They are some of the most knowledgeable people I have worked with during my 45 plus year career. They maintained excellent communication throughout the entire process and the advice given to us through each phase was extremely helpful. Our company realized a higher value than originally expected due to EdgePoint’s excellent marketing preparations and timely execution throughout the process. This was a direct result of the scope of understanding they have from their many years of experience. They are beyond good at what they do and I would highly recommend EdgePoint to anyone who may be looking to sell their business.

RECENT TRANSACTIONS

Flow Control Group acquired Hughes-Primeau Controls, Inc.

  • August 14, 2020September 13, 2021
  • by admin

Flow Control Group acquired Hughes-Primeau Controls, Inc. (Hughes-Primeau). Headquartered in Oakwood Village, Ohio, Hughes-Primeau is an engineering-based distributor of process and flow control equipment. EdgePoint served as the exclusive financial advisor to the company. Terms of the transaction were not disclosed.

Founded in 1986, Hughes-Primeau specializes in the categories of heat trace, instrumentation & controls, and valves & actuation devices, and supplies an extensive line of products for leading brands. The Company employs an engineered-based approach to solving complex needs for customers in a variety of end-markets such as oil & gas, power generation, chemical, water/wastewater treatment, consumer products, and general industrial.

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

Our clients say…

Paul Krause

Former President & Owner

Hughes-Primeau Controls

I am so happy I chose EdgePoint to market and sell my business. They were professional from the beginning to end and did everything they said they were going to do. They did a great job marketing our business and brought multiple buyers to the table with excellent offers. They provided excellent guidance through all phases of the process as well, especially as we met with prospective buyers. I can’t imagine going through this process without EdgePoint and would not hesitate to recommend them to anyone looking to sell their business. Great job!!

Omega Sea has been acquired by Spectrum Brands Holdings

  • March 10, 2020March 22, 2023
  • by admin

Spectrum Brands Holdings, Inc. (NYSE:SPB) has acquired Omega Sea, LLC (“Omega”), a Painesville, Ohio-based specialty manufacturer of premium fish food products primarily sold under the Omega One brand. Spectrum acquired Omega from an investment group led by Austin Capital Partners. EdgePoint served as the exclusive financial advisor to Austin Capital Partners and Omega Sea, LLC. Terms of the transaction were not disclosed.

Founded in 1998, Omega is a specialty manufacturer and distributor of premium fish foods and consumable goods for the home and commercial aquarium markets. Omega enjoys a highly identifiable brand differentiated by its story, ingredients, and benefits. The Company is best known for its Omega One brand and a proprietary manufacturing process using fresh seafood ingredients.

Spectrum Brands Holdings, Inc. headquartered in Middleton, WI, is a leading global branded consumer products company. Spectrum’s global pet care business includes industry leading consumer and commercial aquatics brands and product lines, including Tetra aquarium nutrition, Instant Ocean sea salt, Marineland aquarium products.

Austin Capital Partners is a private investment management company headquartered in Cleveland, Ohio that creates value through investments in lower middle market companies, principally in the Midwest, on behalf of a network of private investors.

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

Shumsky Therapeutic Pillows has been acquired by ASP Global,…

  • February 19, 2020August 2, 2021
  • by admin

ASP Global, a portfolio company of Incline Equity Partners acquired Shumsky Therapeutic Pillows, LLC (“Shumsky”), a Dayton, Ohio-based distributor of custom branded, soft-good products to hospitals that aid in pre-surgery education and post-surgery patient comfort. EdgePoint served as the exclusive financial advisor to Shumsky. Terms of the transaction were not disclosed.

Founded in 1984, Shumsky (www.therapeuticpillows.com) maintains direct relationships with approximately 1,000 of the most prestigious hospitals and medical product distributors in the U.S. Over the course of its 35-year history, Shumsky established itself as the most recognized brand within the therapeutic pillow market to hospitals, distributors, and surgical patients all over the U.S.

ASP Global, headquartered in Atlanta, Georgia, is a value-added distributor of healthcare products. ASP Global was acquired by Incline Equity Partners in January 2020.

Headquartered in Pittsburgh, Pennsylvania, Incline Equity Partners is a national private investment firm that provides capital to middle-market companies with proven management teams and high growth potential.

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

Our client say…

Michael Emoff

Owner

Shumsky Therapeutic Pillows, LLC

“EdgePoint proved a strategic choice for us, with their healthcare focus and great reputation we were able to find the perfect solution to carry our brand into the next decades. The EdgePoint team fit so well that we consider them part of “our team;” they cared about the things we cared about and guided us through all challenges of our first transaction. We highly recommend the EdgePoint team and plan to include them should we have future transactions”

Svoboda Capital Partners has acquired a majority interest in…

  • January 31, 2020December 13, 2021
  • by admin

Kenway Consulting (Kenway) has partnered with private equity firm Svoboda Capital Partners (SCP) on a recapitalization of the company. EdgePoint served as the exclusive financial advisor to Kenway on the transaction. Financial details were not disclosed.

Founded by Brian King in 2004 and based in Chicago, IL, Kenway is a management and technology consulting firm serving middle market and enterprise clients across a range of industries. Kenway strives to provide all clients with unmatched quality and service, and specializes in the areas of Technology Solution Delivery, Enterprise Program Leadership, and Information Insight.

SCP is a Chicago-based private equity firm with over $400 million of capital under management. Founded in 1998, SCP invests in and partners with management teams to help build businesses in targeted niches industries including value-added distribution, business services, and consumer products.

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

Our client say…

Brian King

President & CEO

Kenway Consulting

“Working with EdgePoint was an incredibly positive experience. They flattened the learning curve with their experience and wisdom. They inserted themselves where possible to take work off my plate. And they handled my emotions with the right combination of patience, tough love and empathy. I wholeheartedly endorse their services to business owners considering their exit options.”