Category: News

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.

11 Mar 2012

TrueNorth Announces Addition of Senior Advisor

TrueNorth News

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.

11 Feb 2012

TrueNorth and Meyerson Quest Provide Strategic Advisory Services to Thor Industries

TrueNorth News

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.