April 10, 2019

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Pure Power Technologies, Inc. (Pure Power), a portfolio company of Kensington Capital Partners, LLC (Kensington) and investors advised by The Smithfield Group Limited (Smithfield), on its sale to Stanadyne LLC (Stanadyne), a portfolio company of Kohlberg & Company, LLC (Kohlberg). Pure Power is a market leader in the engineering and remanufacturing of air and fuel management components for the automotive aftermarket. The transaction was led by Joe Conner, Frank Mountcastle, Jershon Jones, James O’Malley and Trey Balson of Harris Williams’ Transportation & Logistics (T&L) Group and Brian Jones of the firm’s Richmond office.

April 8, 2019

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it is advising GlobalTranz Enterprises, Inc. (GlobalTranz), a portfolio company of The Jordan Company, L.P. (TJC), on its pending sale to funds advised by Providence Equity Partners L.L.C. and its affiliates (Providence). GlobalTranz is a leading technology and third-party logistics (3PL) solutions company providing award-winning Transportation Management System (TMS) products to shippers, logistics service providers and carriers. The transaction is being led by Jason Bass, Frank Mountcastle, Jeff Burkett, James O’Malley and Elliott Yousefian of Harris Williams’ Transportation & Logistics (T&L) Group.

April 2, 2019

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised VanLaw Food Products, Inc. (VanLaw), a portfolio company of Encore Consumer Capital (Encore), on its sale to Stir Foods, a portfolio company of Wind Point Partners (Wind Point). VanLaw is a leading private label and contract manufacturing partner in the sauce, dressing and condiment categories. The transaction was led by Tim Alexander, Brant Cash, Andy Warczak and Richard Furseth of Harris Williams’ Consumer Group.

March 28, 2019

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised PayIt on its strategic investment from Insight Partners (Insight). PayIt, a portfolio company of Advantage Capital and Weatherford Capital, is a leading provider of integrated government software and payments solutions. The transaction was led by Tyler Dewing, Mike Wilkins, Priyanka Naithani and Mike Quealy of Harris Williams’ Technology, Media & Telecom (TMT) Group.  

March 27, 2019

Harris Williams, a global investment bank specializing in M&A advisory services, announced today that it advised Servpro Industries, Inc. (SERVPRO), a leading franchisor of residential and commercial property damage restoration services, on its recapitalization by private equity funds managed by The Blackstone Group LP (Blackstone). Blackstone is acquiring a majority stake in SERVPRO as part of Blackstone’s Core Private Equity strategy, which is designed to hold investments for longer periods of time than traditional private equity. The Isaacson family will be re-investing alongside Blackstone and will continue to be significant shareholders in the business going forward. The transaction, led by John Neuner, Brent Spiller, Zach Ledwith and Trey Shehan of Harris Williams’ Consumer Group, extends the firm’s track record in the franchising sector.

March 20, 2019

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised LEARN Behavioral (LEARN), a portfolio company of LLR Partners (LLR), on its sale to Gryphon Investors (Gryphon). LEARN is a leading provider of autism treatment therapy services delivered in diverse settings including homes, centers and schools to accommodate each child’s unique clinical needs and family dynamics. The transaction was led by Whit Knier, James Clark, Tyler Bradshaw, Nathan Robertson and Cameron Thomas of Harris Williams’ Healthcare & Life Sciences (HCLS) Group.

March 19, 2019

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Tech Air, a portfolio company of CI Capital Partners LLC (CI Capital), on its sale to Airgas, an Air Liquide company.

FreightWaves
March 6, 2019

Managing Directors Jason Bass and Frank Mountcastle expect third-party logistics (3PL) M&A to stay hot in 2019. Read about the dynamics that are making the market attractive for both buyers and sellers. 

March 1, 2019

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it exclusively advised Whitford Worldwide Company (Whitford) on its sale to PPG Industries, Inc. (NYSE:PPG; PPG). Whitford is a global manufacturer that specializes in low-friction and nonstick coatings for industrial applications and consumer products. The transaction was led by Patrick McNulty, John Lautemann, Ty Denoncourt and Jeff Mullen of Harris Williams’ Industrials Group.

February 26, 2019

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised CIRCOR International, Inc. (NYSE:CIR; CIRCOR) on the sale of its lubrication management and chemical cleaning solutions division, Reliability Services, to an affiliate of RelaDyne, LLC (RelaDyne), a portfolio company of Audax Private Equity. The transaction was led by Matt White, Drew Spitzer, Greg Waller, and Thomas Saunders of Harris Williams’ Energy, Power & Infrastructure (EPI) Group.