Author: TrueNorth
John Cannon Joins TrueNorth as Managing Director
Stamford, CT, September 2017: TrueNorth Capital Partners LLC is pleased to announce that John Cannon has joined the firm as a Managing Director.
TrueNorth Advises MinebeaMitsumi on its Acquisition of C&A Tool
Stamford, CT, September 2017: TrueNorth Capital Partners LLC is pleased to announce that its wholly-owned subsidiary, TNCP, LLC (“TrueNorth”) acted as the exclusive financial advisor to New Hampshire Ball Bearings, Inc. (“NHBB”), its parent NMB (USA) Inc. and its ultimate parent MinebeaMitsumi Inc. (“MinebeaMitsumi”) in acquiring 100% of the stock of C&A Tool Engineering, Inc. (“C&A”).
TrueNorth Assisted Mitsui & Co., Ltd. on its Latest Acquisition of Accountable Healthcare Staffing
Stamford, Connecticut, August 2017 – TrueNorth Capital Partners LLC is pleased to announce that its wholly-owned subsidiary, TNCP, LLC (“TrueNorth”) assisted Mitsui & Co., Ltd. (“Mitsui”) in acquiring 100% of the assets of Accountable Healthcare Staffing, Inc. (“Accountable”) www.ahcstaff.com).
TrueNorth Speaks at ABI – Loan-to-Own Northeast Conference
As an investment banker (“IB”), I have been representing companies in the purchase and sale of distressed businesses in the middle market for more than twenty-five years. I need to ask the reader to (1) provide me a bit of latitude on use of legal terms and concepts (I am not an attorney), and (2) presume I am addressing predominantly, privately-owned businesses in the bottom half of the middle market (capital structures typically no more complex than equity, senior secured and junior capital).
TrueNorth Capital Partners Advises Okubo Gear Co., Ltd. in the Sale of its US-Based Subsidiary Avon Gear Company
Stamford, CT, May 2017 – TrueNorth Capital Partners, LLC (“TrueNorth”) acted as the exclusive financial advisor to Okubo Gear Co., Ltd. (“Okubo”), based in Kanagawa, Japan, in the sale of its subsidiary, Avon Gear Company (“Avon” or the “Company”), located in Shelby Township, Michigan.
Northland M&A Market Remains Strong; Slip in Volume Reflects National Trend
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.
TrueNorth Capital Partners Advises Integrity Graphics, Inc. in the Sale of Certain Assets to Colonial Printing, Inc., a wholly-owned subsidiary of CT Color Holdings, Inc.
Stamford, CT, March 2017 – TrueNorth Capital Partners, LLC (“TrueNorth”) acted as financial advisor to Integrity Graphics, Inc. (“Integrity”), in its sale of certain assets to Colonial Printing, Inc. (“Colonial”). Integrity is a high quality, full service, provider of graphics design and marketing communication services, established more than 25 years, with capabilities in digital printing, offset printing, direct mail, variable data, finishing and binding. Integrity has a reputation for providing the highest quality communications marketing materials, including brochures, catalogs, direct mailers, banners, folders, flyers, postcards, letterhead, business cards, note pads, calendars, invitations and packaging materials.
TrueNorth Advises Macton Corporation on Refinance of its Junior Debt
Stamford, CT, February 2017 –TrueNorth Capital Partners LLC (“TrueNorth”) is pleased to announce that its wholly-owned subsidiary, TNCP, LLC, acted as exclusive financial advisor and placement agent to Macton Corporation in connection with the consolidation of its junior debt and procurement of additional growth capital.
TrueNorth Acts as Exclusive Advisor to LPI on its Latest Acquisition
Stamford, Connecticut, December 2016 – TrueNorth Capital Partners LLC is pleased to announce that its wholly-owned subsidiary, TNCP, LLC (“TrueNorth”) acted as exclusive financial advisor to LPI, Inc. (“LPI”) in its acquisition of assets of Vortex Whirlpool Systems, Inc., dba Catalina Spas.
TrueNorth Acts as Exclusive Financial Advisor to Encon in its Sale to Service Logic
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.