Category: News
TrueNorth Announces Addition of Senior Advisor
Norwalk, Connecticut January, 2012 – TrueNorth Capital Partners formally announced today that Gayland Pedhirney joined the firm as a Senior Advisor in December.
TrueNorth and Altium Announce Wanzl’s Acquisition of Cari-All Group/Technibilt
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.
TrueNorth Managing Director named to Board of The Turnaround Management Association
Norwalk, CT, December 15, 2011 – TrueNorth Capital Partners LLC (“TrueNorth”) is pleased to announce that Mr. Jeffrey Gaynor, Managing Director and founder of TrueNorth, has been elected to the Board of Directors of the New York Chapter of The Turnaround Management Association (“TMA”).
TrueNorth Announces that Leading Ridge Capital Partners Invests Growth Equity in Rugby Architectural Building Products
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.
TrueNorth Managing Director Conference Panelist
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”.
TrueNorth Announces Restructure & Refinance of ThermoSpas
Norwalk, Connecticut February, 2011 – TrueNorth Capital Partners LLC announced that ThermoSpas, Inc. has successfully completed the complex refinance and restructure of certain liabilities that has resulted in a significant infusion of new capital for operations.
TrueNorth Announces Promotion
Norwalk, Connecticut January, 2011 – TrueNorth Capital Partners LLC formally announced that effective January 1st, David Meranze has been appointed a Managing Director. Mr. Meranze is involved in expanding TrueNorth’s reach into East and Southeast Asia, capitalizing on over 15 years of international finance experience working in those regions.
TrueNorth Announces Cross-Border Business Expansion
Norwalk, Connecticut August, 2010 – TrueNorth Capital Partners LLC welcomes visitors to its updated website which has been enhanced to include Japanese and Chinese language pages. Capitalizing on its principals’ established cross-border track record with Japanese clientele, TrueNorth is expanding its advisory business to serve rapidly-growing Chinese companies with international merger and acquisition objectives. With the appointment of David Meranze earlier this year, TrueNorth has been working aggressively with Chinese clients actively seeking to expand their business in the U.S.
TrueNorth Advises on Sale of Whyco Finishing Technology, LLC
Norwalk, Connecticut, March, 2010 – TrueNorth Capital Partners LLC is pleased to announce that it has acted as exclusive financial advisor to the Official Committee of Unsecured Creditors (“Committee”) of Whyco Finishing Technology, LLC (“Whyco” or the “Company”). The Committee, acting as the authorized representative of the Company, conducted the sale pursuant to Section 363 of the US Bankruptcy Code.