Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces the sale of United Pipe & Steel Corp. (United Pipe & Steel), a leading independent master distributor of pipe products, to Morgenthaler Private Equity (MPE). Harris Williams & Co. acted as the exclusive advisor to United Pipe & Steel. The transaction closed on June 12, 2013 and was led by Bob Baltimore from the firm’s Business Services Group, along with Bill Roman, Jay Hernandez and Matt Volinsky from the firm’s Boston office.
Firm News
Harris Williams & Co. Advises United Pipe & Steel Corp. in its Sale to Morgenthaler Private Equity
Harris Williams & Co. Advises Business and Legal Resources (BLR) in its Recapitalization
Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces that Business and Legal Resources (BLR), a portfolio company of Prairie Capital, L.P. (Prairie), has been recapitalized. Harris Williams & Co. acted as the exclusive advisor to BLR. The transaction closed on June 14, 2013 and was led by John Arendale and John Klim along with Garin Arevian and Priyanka Naithani from the firm’s Technology, Media & Telecom (TMT) Group.
Harris Williams & Co. Advises RepconStrickland Inc. in its Pending Sale to EMCOR Group Inc.
Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces that RepconStrickland Inc. (RepconStrickland), a premier provider of recurring turnaround and specialty services to the North American refinery, petrochemical, and other process industries, has entered into a definitive agreement to be acquired by strategic buyer EMCOR Group, Inc. (EMCOR; NYSE:EME) in an all cash transaction valued at approximately $455 million. Harris Williams & Co.
Harris Williams & Co. Ltd Opens German Office; Firm Appoints Jeffery Perkins as Head
International Expansion Continues as Harris Williams & Co. Grows Share in M&A Market
Harris Williams & Co., a preeminent middle market investment bank, has opened a new office in Germany as part of the firm’s continued international expansion. The Frankfurt office is led by Managing Director Jeffery Perkins who, along with a team of seasoned professionals, has broad experience across many industries. The new office, which will focus on M&A transactions across Europe, will strengthen the firm’s cross-border deal flow, its access to buyers across continental Europe and its ability to
Harris Williams & Co. Advises Alma Lasers on its Sale to Chinese Strategic Buyer Fosun International
Increasing Interest for Middle Market Acquisitions by Asian Strategics
Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces the sale of Alma Lasers, a leading developer, manufacturer and provider of laser, light-based, radio-frequency and ultrasound devices for aesthetic and medical applications, to subsidiaries of Fosun International, a Chinese strategic buyer, for an enterprise value of $220 million. Harris Williams & Co. acted as the exclusive advisor to Alma Lasers, a portfolio company of TA Associates. Somerley Limited, with whom Harris Williams & Co.
Harris Williams & Co. Advises PowerTeam Services in its Sale to Kelso & Company
Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces the sale of PowerTeam Services, LLC (PTS), a leading provider of infrastructure services to the gas and electric utility industry, to Kelso & Company (Kelso), which will merge PTS with its existing portfolio company Power Holdings. PTS was a portfolio company of CIVC Partners, LP (CIVC) and True North Equity (TNE). Harris Williams & Co.
Harris Williams & Co. Promotes Nine Senior Professionals
Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces that it has promoted nine senior professionals from the firm’s London, Minneapolis, Richmond and San Francisco offices. Brian Lucas has been promoted to managing director. Ryan Budlong, Jeff Cleveland, Andy Dixon, Darwin Olympia and Brent Spiller have been promoted to director. Marshall Croft, Brad Morrison and Alex Murrill have been promoted to vice president.
Harris Williams & Co. Advises on the Sale of Horsburgh & Scott GenNx360 Capital Partners
Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces the sale of Horsburgh & Scott (H&S), a leading manufacturer and provider of repair services for custom gears and gear drives used in industrial, mining, power and oil and gas end markets, to GenNx360 Capital Partners (GenNx360). H&S was a portfolio company of Bolder Capital, a partnership between The Edgewater Funds (Edgewater) and JZ Capital Partners Limited (JZCP). Harris Williams & Co.
Harris Williams & Co. Advises Absorption Corp. in its Sale to J. Rettenmaier & Söhne
Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces the sale of Absorption Corp, a leading manufacturer and marketer of premium pet products, to international strategic buyer J. Rettenmaier & Söhne Group (JRS). Absorption Corp was a portfolio company of Kinderhook Industries (Kinderhook). Harris Williams & Co.
Harris Williams & Co. Advises Total Quality, Inc. in its Sale to Forward Air Corporation
Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces the sale of Total Quality, Inc. (TQI) to Forward Air Corporation (Forward Air). TQI is a leading provider of maximum security, temperature-controlled transportation and logistics services to pharmaceutical and life sciences manufacturers and distributors in North America. TQI was a portfolio company of HCI Equity Partners (HCI). Harris Williams & Co.

