Stamford, Connecticut, December, 2012 – TrueNorth Capital Partners LLC is pleased to announce that it acted as exclusive financial advisor and investment banker to Manley’s Mighty-Marts, LLC (“Manley’s”) on its sale of a select number of convenience stores with fuel to Rome Gas Inc. and its affiliate JP Oil Group, Inc. (“Rome”).
Stamford, Connecticut, August, 2012 – TrueNorth Capital Partners LLC is pleased to announce that its wholly-owned subsidiary, TNCP, LLC acted as exclusive financial advisor to Essex Industries (St. Louis, MO) in the sale of substantially all of the assets of SX Performance to Edelbrock LLC, a portfolio company of Industrial Opportunity Partners.
Norwalk, Connecticut, June, 2012 – TrueNorth Capital Partners LLC is pleased to announce that its wholly-owned subsidiary, TNCP, LLC acted as exclusive financial advisor and investment banker to ThermoSpas, Inc. (the “Company”) in its sale of substantially all of its assets to an affiliate of Jacuzzi Brands Corp. (“Jacuzzi”). TrueNorth managed the sale process post-filing in what resulted in the successful sale pursuant to Section 363 of the US Bankruptcy Code.
Norwalk, CT – TrueNorth Capital Partners LLC is pleased to announce its participation in the Kingsbury Corporation chapter 11 case in US Bankruptcy Court, District of New Hampshire. TrueNorth was retained as financial advisors to the Official Committee of Unsecured Creditors. The Court recently approved the sale, pursuant to section 363 of the bankruptcy code, of substantially all of the operating assets of Kingsbury Corporation to Kingsbury, an Optimation Company a wholly-owned subsidiary of Optimation Technology, Inc.
Norwalk, Connecticut March, 2012 – TrueNorth Capital Partners LLC announced that Mathis Shinnick joined the firm as a Managing Director. Mr. Shinnick will be involved in mergers and acquisitions, corporate advisory assignments and corporate restructurings, both domestic and internationally.
Shanghai, China and Norwalk, CT – February 2012 – TrueNorth Capital Partners LLC and Meyerson Quest Limited announced that they have recently completed an assignment whereby they provided strategic advisory services to Thor Industries, Inc. (NYSE: THO) with regards to China-focused growth initiatives. David Meranze of TrueNorth and Drew Nuland of Meyerson Quest headed up the Shanghai-based team that performed the market analysis and were supported by the TrueNorth team in Norwalk.
Norwalk, CT and Munich, Germany – TrueNorth Capital Partners LLC and Altium Capital AG are pleased to announce that an affiliate of Wanzl Metallwarenfabrik GmbH (“Wanzl”), of Leipheim, Germany has acquired The Cari-All Group (“Cari-All”), with headquarters in North Carolina and operations in Quebec and whose brands include Cari-All, Technibilt and Rondi. Together, Cari-All constitutes North America’s largest shopping cart manufacturer. TrueNorth’s subsidiary TNCP, LLC and Altium acted as co-advisors to Wanzl on the transaction.
Norwalk, CT, December 15, 2011 – TrueNorth Capital Partners LLC (“TrueNorth”) is pleased to announce that Mr. Jeffrey Gaynor, Managing Director and founder of TrueNorth, has been elected to the Board of Directors of the New York Chapter of The Turnaround Management Association (“TMA”).
TrueNorth Announces that Leading Ridge Capital Partners Invests Growth Equity in Rugby Architectural Building Products
Norwalk, Connecticut September, 2011 – TrueNorth Capital Partners LLC (“TrueNorth”) formally announced that Leading Ridge Capital Partners LLC (“Leading Ridge”) has made a growth equity investment in Rugby Architectural Building Products (“Rugby”), which is headquartered in Concord, NH. TrueNorth acted as exclusive financial advisor to Rugby.