Author: TrueNorth
Andrew Cahill Joins TrueNorth
Stamford, CT, June 2019: TrueNorth Capital Partners LLC is pleased to announce that Andrew Cahill (Special Situations) has joined the firm as a Managing Director. Andy will focus his efforts on originating and executing on distressed and turnaround situations.
TrueNorth Advises JNET Communications, LLC on its Sale of ServiCom Assets
Stamford, CT, February 2019: TrueNorth Capital Partners LLC is pleased to announce that its wholly-owned subsidiary, TNCP, LLC (“TrueNorth”) acted as investment banker to JNET Communications, LLC (“JNET’ or “Debtor”) on the sale and assignment of certain ServiCom customer contracts to MCI Canada, LC, a subsidiary of MCI, LC (“MCI”) pursuant to § 105(a), 363 and 365 of the United States Bankruptcy Code.
TrueNorth Advises Asahi Kasei on its Acquisition of Sage Automotive Interiors
Stamford, CT, September 2018: TrueNorth Capital Partners LLC is pleased to announce that its wholly-owned subsidiary, TNCP, LLC (“TrueNorth”) acted as financial advisor to Asahi Kasei Corporation (“Asahi Kasei’) on its acquisition of Sage Automotive Interiors, Inc. (Sage) from Clearlake Sage Holdings, LLC, the 100% owner of Sage and a portfolio company of Clearlake Capital Group, L.P.
Mark Campbell Forms Scout Valuations with TrueNorth Capital Partners
Stamford, CT, October 2018: TrueNorth Capital Partners LLC is pleased to announce that they have formed Scout Valuations LLC with Mark Campbell, who joins the firm as Managing Director, leading the expansion of our valuation practice.
TrueNorth Moderates Panel Addressing Creative Strategies for Succession Planning and Liquidity – Hosted by PKF O’Connor Davies and Ironwood Capital
Tuesday, September 18, 2018, Sheraton Stamford, 700 Main street, Stamford, CT 06901
Key topics covered included: ESOP basics, ESOP pros and cons, Successful exit and succession planning strategies, Diversity of transaction types and financial products available from venture, growth equity, mezzanine and debt providers, Current market/deal terms and Goals/expectations and actual results from capital transactions.
TrueNorth Advises Dari Farms Ice Cream Co., Inc. on its Sale to Diversis Capital LLC
Stamford, CT, August 2018: TrueNorth Capital Partners LLC is pleased to announce that its wholly-owned subsidiary, TNCP, LLC (“TrueNorth”) acted as the exclusive financial advisor to Dari Farms Ice Cream Co., Inc. (“Dari Farms”) in its sale to Diversis Capital LLC, a Los Angeles-based private equity firm (“Diversis”).
TrueNorth Advises SUMIDA CORPORATION on its Acquisition of Pontiac Coil Inc.
Stamford, CT, June 2018: TrueNorth Capital Partners LLC is pleased to announce that its wholly-owned subsidiary, TNCP, LLC (“TrueNorth”) acted as the financial advisor to SUMIDA CORPORATION and its newly formed subsidiary SUMIDA AMERICA HOLDINGS INC. (collectively “SUMIDA”) in acquiring 100% of the shares of Pontiac Coil Inc. (“Pontiac”).
TrueNorth Advises Zahniser’s Yachting Center on its Sale to Safe Harbor Marina
Stamford, Connecticut, March 2018 – TrueNorth Capital Partners LLC (“TrueNorth”) is pleased to announce that it acted as advisor to Zahniser’s Yachting Center, a comprehensive marine facility on the Chesapeake Bay (“Zahniser’s”), in its sale to the Safe Harbor Marina family of marinas, a portfolio company of American Infrastructure Funds.
New Optimism for M&A Activity within the Metal Fabrication Industry
December 19, 2017 – Given that my firm TrueNorth Capital Partners (“TrueNorth”) serves the investment banking needs of middle-market companies in a broad range of industries, it’s notable that two of our recent transactions involve companies in the relatively small machining-services industry. Based on this recent, concentrated activity with machining companies, and continued interest by clients in this space, we believe that M&A activity for the broader metals fabrication industry will continue to match, if not exceed, national M&A market activity.
TrueNorth Speaks on Connecticut Bar Association CLE Panel – Sales of Distressed Companies in and out of Bankruptcy
Wednesday, October 18, 2017, CBA Law Center, 30 Bank Street, New Britain, CT 06051
About the Program:
Participants learned how to advise clients who wish to buy or sell distressed businesses outside of bankruptcy as well as within a bankruptcy proceeding. Experienced practitioners and an investment banker provided practical tips to assist counsel in choosing options and devising strategies that mitigate risk and get the deal closed.