July 27, 2021

Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Worldwide Express, LLC (Worldwide Express), a portfolio company of Ridgemont Equity Partners (Ridgemont), on its sale to CVC Capital Partners (CVC). Worldwide Express is a leading provider of third-party logistics (3PL) services. CVC will merge Worldwide Express with GlobalTranz Enterprises, LLC (GlobalTranz), another leading non-asset based provider of 3PL solutions. The combination is sponsored by a consortium led by CVC and GlobalTranz’s current lead investors, Providence Equity Partners (Providence) and PSG. Ridgemont, Worldwide Express management and GlobalTranz management will also retain significant stakes in the combined entity. The transaction was led by Jason Bass, Frank Mountcastle, Jeff Burkett, Jeff Kidd, Nick Petrick and Justin Icardo of the Harris Williams Transportation & Logistics (T&L) Group.

July 22, 2021

Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Pamplona Capital Management (Pamplona) on its pending sale of BakeMark USA, LLC (BakeMark) to Clearlake Capital Group, L.P. (Clearlake). BakeMark is a category leader in the baking industry, with quality products, quick delivery and strong R&D capabilities. The transaction is being led by Tim Alexander, Brant Cash, Andy Warczak and David Stead of the Harris Williams Consumer Group.

National Oil and Lube News
July 20, 2021

Managing Director Joe Conner spoke with National Oil and Lube News on the preparation required to grow quick lube operators. Read on for M&A and franchising insights.

July 19, 2021

Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising ATI Industrial Automation (ATI) on its pending sale to Novanta Inc. (Nasdaq: NOVT; Novanta). Headquartered in Apex, North Carolina, ATI is a leading global developer and manufacturer of robot end-effector products. The transaction is being led by John Arendale, Jeff Perkins, Brandt Carr, Jenson Dunn and Caroline Inglesby of the Harris Williams Industrials Group.

July 8, 2021

Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Resource Label Group, LLC (RLG), a portfolio company of First Atlantic Capital (First Atlantic) and TPG Growth, on its sale to Ares Management Corporation (NYSE: ARES; Ares). RLG is a full-service provider of pressure sensitive labels, extended content, shrink sleeve and RFID/NFC technology for the packaging industry. The transaction was led by Patrick McNulty, Brad Morrison, Ty Denoncourt, John Lautemann, Chuck Walter and Neal Quirk of the Harris Williams Industrials Group.

July 8, 2021

Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Neighborly, a portfolio company of funds managed by Harvest Partners, LP (Harvest Partners), on its pending sale to KKR. Neighborly is the premier residential service provider focused on providing all the services that consumers need to repair, maintain and enhance their property. The transaction is being led by John Neuner, Brent Spiller, Trey Shehan, and Christian Brumbaugh of the Harris Williams Consumer Group and Taylor Morris and Pete Morgan of the firm’s Business Services Group.

July 7, 2021

Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised SBS Services Holdings, LLC (doing business as Tachyon Communication Services; Tachyon), a portfolio company of MSouth Equity Partners (MSouth), on its merger with NEN Holdings, LLC (doing business as NextEdge Networks and Modus; NextEdge), a portfolio company of Bow River Capital (Bow River). Tachyon is a leading provider of wireless and wireline infrastructure services across the telecommunications field services industry going to market through four affiliates, NIS, Source Broadband, Summitt Cellular and Towersource. The transaction was led by Drew Spitzer, Matt White, Greg Waller, Thomas Saunders, and Kel Wilburn of the Harris Williams Energy, Power & Infrastructure (EPI) Group.

June 30, 2021

Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised ArchKey Solutions (ArchKey), a portfolio company of funds managed by Oaktree Capital Management, L.P. (Oaktree), on its significant investment from an affiliate of One Rock Capital Partners, LLC (One Rock). ArchKey is a premier electrical and technologies contracting and services provider. The transaction was led by Drew Spitzer, Matt White, Neha Shah, Marshall Wills and Ken Black of the Harris Williams Energy, Power & Infrastructure (EPI) Group.

June 29, 2021

Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Riggs Distler & Company, Inc. (Riggs Distler), a portfolio company of funds managed by Oaktree Capital Management, L.P. (Oaktree), on its pending sale to Centuri Group, Inc. (Centuri), a wholly-owned subsidiary of Southwest Gas Holdings, Inc. (NYSE: SWX; SWGH). Riggs Distler is a leading provider of power and utility services throughout the Northeast and Mid-Atlantic regions of the United States. Under the terms of the transaction, Centuri will acquire a 100% ownership interest in Riggs Distler for $855 million. The transaction is being led by Drew Spitzer, Matt White, Greg Waller, Thomas Saunders and Phil Hart of the Harris Williams Energy, Power & Infrastructure (EPI) Group.

June 28, 2021

Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Artera Services, LLC (Artera), a portfolio company of Clayton, Dubilier & Rice (CD&R) and one of the nation’s largest providers of integrated infrastructure services to natural gas and electric industries, on its acquisition of Feeney Utility Services Group (FUSG). The transaction was led by Drew Spitzer and Matt White of the Harris Williams Energy, Power & Infrastructure (EPI) Group.

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