Firm News

Harris Williams & Co. Advises Transtar Holding Company in its Sale to Friedman Fleischer & Lowe

December 22, 2010

Harris Williams & Co. announces the sale of Transtar Holding Company (Transtar), a portfolio company of Linsalata Capital Partners (Linsalata), to Friedman Fleischer & Lowe (FFL). The transaction closed on December 21, 2010. Harris Williams & Co. acted as the exclusive advisor to Transtar. The transaction was led by John Neuner, Ned Valentine, Joe Conner and Lanre Osinusi from the firm's Richmond office.

Harris Williams & Co. Advises BI Incorporated in its Pending Merger with The GEO Group

December 21, 2010

Harris Williams & Co. is pleased to announce that BI Incorporated (BI), a portfolio company of AEA Investors LP (AEA), has entered into a definitive agreement to merge with The GEO Group (GEO; NYSE:GEO). The transaction, valued at approximately $415 million, is expected to close in the first quarter of 2011. The transaction is being led by Chris Williams from the firm's Richmond office as well as Jim Reinhart, Vince Carey, and Matt Conaty from the firm's San Francisco office.

Harris Williams & Co. Advises Whitcraft LLC in its Recapitalization

December 20, 2010

Harris Williams & Co. is pleased to announce the recapitalization of Whitcraft LLC by Linsalata Capital Partners (Linsalata), a Cleveland-based private equity firm, in partnership with the company's founding shareholders and management. Whitcraft's current management team, led by CEO Colin Cooper and President & COO Jeffrey Paul, will continue to lead the company's operations. The transaction closed on December 16, 2010. Harris Williams & Co. acted as the exclusive advisor to Whitcraft.

Harris Williams & Co. Advises Rewards Network Inc. in its Sale to EGI Acquisition, L.L.C. for $13.75 Per Share in Cash

December 15, 2010

Harris Williams & Co. is pleased to announce the sale of Rewards Network Inc. (Rewards Network; NASDAQ: DINE), a leading marketing services company to the independent restaurant industry, to EGI Acquisition, L.L.C. (EGI Acquisition), an affiliate of Equity Group Investments, L.L.C. (EGI), a private investment firm, for $13.75 per share in an all-cash transaction. Ned Valentine, Doug Yablonski and John Klim from Harris Williams & Co.'s Richmond office led the transaction.

Harris Williams & Co. Advises Touchstone Wireless Repair and Logistics, LP in its Pending Sale to Strategic Buyer Brightpoint, Inc.

December 13, 2010

Harris Williams & Co. announces that Touchstone Wireless Repair and Logistics, LP (Touchstone), a portfolio company of Striker Partners (Striker), has entered into an agreement to be acquired by Brightpoint, Inc. (Nasdaq:CELL). The transaction is being executed by Harris Williams & Co. and led by Jeff Bistrong, Derek Swaim, Sam Hendler, and Priyanka Naithani from the firm's Technology, Telecom & Digital Media (TTDM) Group in Boston.

Harris Williams & Co. Advises The Dwyer Group in its Pending Sale to TZP Group LLC

December 9, 2010

Harris Williams & Co. announces the pending sale of The Dwyer Group Holding Company (Dwyer), a portfolio company of The Riverside Company (Riverside), to TZP Group LLC (TZP) in a transaction valued at approximately $150 million. The transaction is expected to close by the end of this year. Harris Williams & Co. acted as the exclusive advisor to Dwyer. The transaction was led by Ned Valentine, Bob Baltimore, Patrick McNulty and Lanre Osinusi from the firm's Richmond office.

Harris Williams & Co. Advises Professional Directional on Diamond Castle Holdings' Investment

December 7, 2010

Harris Williams & Co. is pleased to announce Diamond Castle Holdings, LLC's (Diamond Castle) investment in Professional Directional Enterprises, Inc. (Pro-D), a former portfolio company of Harren Equity Partners (Harren). Harris Williams & Co. acted as the exclusive financial advisor to Professional Directional. The transaction was led by Drew Spitzer, Tiff Armstrong, Brian Lucas and Chris Burnham from the firm's Energy & Power Group.

Harris Williams & Co. Advises Hawk Corporation in its Sale to Strategic Buyer Carlisle Companies, Inc. for $50 Per Share in a $413 Million Transaction

December 6, 2010

Harris Williams & Co. announces that Hawk Corporation (Hawk; NYSE Amex: HWK), a leading worldwide supplier of off-highway friction products for brakes, clutches and transmissions, has been acquired by Carlisle Companies, Inc. (Carlisle; NYSE: CSL) for $50.00 per share in an all-cash transaction, representing an equity value of approximately $413 million. Hawk was advised by a Harris Williams & Co. team led by Hiter Harris and Patrick McNulty from the firm's Richmond office and Bill Roman, Jay Hernandez and Matt Volinsky from the firm's Boston office.

Harris Williams & Co. Advises Insteel Wire Products Company in its Purchase of Certain Assets of Ivy Steel & Wire, Inc.

November 22, 2010

Harris Williams & Co. announces that Insteel Wire Products Company (Insteel), a wholly-owned subsidiary of Insteel Industries, Inc. (Insteel; NasdaqGS: IIIN), has purchased certain of the assets of Ivy Steel & Wire, Inc. (Ivy). Harris Williams & Co. acted as the exclusive advisor to Insteel. The transaction was led by John Neuner, Chris Rogers, Doug Kinard and Matt McLain from the firm's Richmond office.

Harris Williams & Co. Advises Hardware Resources in its Sale to Harbour Group

November 22, 2010

Harris Williams & Co. announces that Hardware Resources, a portfolio company of The Riverside Company (Riverside), has been acquired by Harbour Group. The transaction closed on November 16, 2010. Harris Williams & Co. acted as the exclusive financial advisor to Hardware Resources. The transaction was led by Mike Hogan, Patrick McNulty and Chris Burnham from the firm's Richmond office.

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