Category: News

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.

10 Jan 2012

TrueNorth and Altium Announce Wanzl’s Acquisition of Cari-All Group/Technibilt

TrueNorth News

Norwalk, CT and Munich, Germany – TrueNorth Capital Partners LLC and Altium Capital AG are pleased to announce that an affiliate of Wanzl Metallwarenfabrik GmbH (“Wanzl”), of Leipheim, Germany has acquired The Cari-All Group (“Cari-All”), with headquarters in North Carolina and operations in Quebec and whose brands include Cari-All, Technibilt and Rondi. Together, Cari-All constitutes North America’s largest shopping cart manufacturer. TrueNorth’s subsidiary TNCP, LLC and Altium acted as co-advisors to Wanzl on the transaction.

11 Sep 2011

TrueNorth Announces that Leading Ridge Capital Partners Invests Growth Equity in Rugby Architectural Building Products

TrueNorth News

Norwalk, Connecticut September, 2011 – TrueNorth Capital Partners LLC (“TrueNorth”) formally announced that Leading Ridge Capital Partners LLC (“Leading Ridge”) has made a growth equity investment in Rugby Architectural Building Products (“Rugby”), which is headquartered in Concord, NH. TrueNorth acted as exclusive financial advisor to Rugby.

11 Jun 2011

TrueNorth Managing Director Conference Panelist

TrueNorth News

Norwalk, Connecticut July, 2011 – TrueNorth Capital Partners LLC announced that Jeffrey Gaynor, Managing Director, will be a panelist at the American Bankruptcy Institutes Northeast Conference in Newport, RI on July 22nd and 23rd, discussing “Rules and Models Used to Discuss the New Capital Structure”.