24 Jul 2014

TrueNorth Announces Sale of Hansen Corporation

TrueNorth News

Stamford, CT, July 2014 – TrueNorth Capital Partners LLC is pleased to announce that its wholly-owned subsidiary, TNCP, LLC acted as exclusive financial advisor to Hansen Corporation, a leading manufacturer of a variety of DC Motors, Synchronous Motors, and Clock Movements on the sale of all of its issued and outstanding capital stock to ElectroCraft, Inc., the fractional horsepower motor and motion solutions provider.

24 Apr 2014

TrueNorth Announces Sale of Manley’s Mighty-Marts

TrueNorth News

Stamford, CT, April 2014 – TrueNorth Capital Partners LLC announced today the sale of substantially all of the operating assets of Manley’s Mighty-Marts to Mirabito Holdings, Inc. As part of this transaction, Manley’s will lease land, buildings and equipment for 17 convenience stores located in Binghamton, Endicott, Endwell, Vestal, Johnson City, Ithaca and Glen Aubrey New York. The long term lease includes a purchase option after 5 years.

24 Feb 2014

TrueNorth Advises on Sale of Revolution Mobility

TrueNorth News

Stamford, Connecticut, February 2014 – TrueNorth Capital Partners LLC is pleased to announce that it acted as an exclusive financial advisor to Revolution Mobility, LLC (“Revolution”) on its sale of certain assets to Roscoe Medical, Inc (“Roscoe”).

24 Jan 2014

Truenorth Announces New England Communications Systems, Inc. Restructure and Refinancing Transaction

TrueNorth News

Stamford, CT, January 2014 – TrueNorth Capital Partners LLC announcing that New England Communications Systems, Inc. (NECS), a wholly-owned subsidiary of Kavveri Technologies Americas Inc., has successfully completed the restructure of certain debts and obtained a new accounts receivables finance facility from New Jersey based Prestige Capital Corporation.

11 Dec 2012

TrueNorth Advises on Sale of Manley’s Mighty-Marts Stores

TrueNorth News

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”).

11 Jun 2012

TrueNorth Advises on Sale of ThermoSpas, Inc. to an affiliate of Jacuzzi Brands Corp.

TrueNorth News

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.

11 Apr 2012

TrueNorth Retained as Financial Advisors in Bankruptcy Case

TrueNorth News

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.