15 May 2017

Northland M&A Market Remains Strong; Slip in Volume Reflects National Trend

TrueNorth News

Minneapolis, MN, May 2017 – In many respects, the M&A market continues to be strong and enjoys good prospects. Valuation multiples remain high. The stock market is near record highs and interest rates remain low. The demand for acquisitions, fueled by the ample and growing cash and financial resources of corporate and financial buyers, is strong. In our nation’s slowly growing economy, corporations and portfolio companies of private equity groups are almost desperate to accelerate revenue growth via acquisitions.

30 Sep 2016

TrueNorth Acts as Exclusive Financial Advisor to Encon in its Sale to Service Logic

TrueNorth News

Stamford, Connecticut, September 2016 – TrueNorth Capital Partners LLC is pleased to announce that its wholly-owned subsidiary, TNCP, LLC (“TrueNorth”) acted as exclusive financial advisor to Environmental Control, Inc. d.b.a Encon, Inc. (“Encon”) in its sale to the Service Logic family of HVAC companies, a portfolio company of Sterling Investment Partners.

01 Apr 2016

Robust and Diverse M&A Market in Northland Region Since Recession

TrueNorth News

The national M&A market has rebounded strongly from the cyclical downturn of the Great Recession. In the 2010-2015 period, national transaction volume increased at a compounded annual growth rate (“CAGR”) of approximately 9.5%. Meanwhile, M&A multiples have returned to the historically high levels reached prior to Great Recession. Such vitality in the M&A market during the recent cyclical recovery is in stark contrast to the relatively slow growth experienced in the overall economy.

25 Mar 2016

TrueNorth Advises on §363 Sale of H. Krevit

TrueNorth News

Stamford, CT, March 2016 –TrueNorth Capital Partners LLC (“TrueNorth”) through its wholly owned subsidiary, TNCP, LLC, acted as exclusive financial advisor to H. Krevit and Company, Incorporated and its affiliates (“Krevit”) in the sale of substantially all of its assets to AJM Industries, LLC (“AJM”).

18 Dec 2015

Middle Market M&A and Current Timing Considerations

TrueNorth News

Because I’m an investment banker, I regularly field questions about when will the strong market conditions for middle-market M&A transactions dissipate. Recently, in response to this question, I told an M&A lawyer that I thought we were in about the “7th inning” of the market cycle.