Category: News

04 Feb 2019

TrueNorth Advises JNET Communications, LLC on its Sale of ServiCom Assets

TrueNorth News

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.

04 Oct 2018

TrueNorth Advises Asahi Kasei on its Acquisition of Sage Automotive Interiors

TrueNorth News

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.

18 Sep 2018

TrueNorth Moderates Panel Addressing Creative Strategies for Succession Planning and Liquidity – Hosted by PKF O’Connor Davies and Ironwood Capital

TrueNorth News

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.

19 Dec 2017

New Optimism for M&A Activity within the Metal Fabrication Industry

TrueNorth News

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.

18 Oct 2017

TrueNorth Speaks on Connecticut Bar Association CLE Panel – Sales of Distressed Companies in and out of Bankruptcy

TrueNorth News

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.