January 6, 2020

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Ontellus, a portfolio company of The CapStreet Group (CapStreet), on its majority investment from Aquiline Capital Partners LLC (Aquiline). The transaction was led by Derek Lewis, Anthony Basmajian, Bryce Walker and Maury Nolen of the Harris Williams Business Services Group. As part of the transaction, CapStreet will remain an investor in the company.

January 6, 2020

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised United PF Partners (United PF), a portfolio company of JLM Financial Partners (JLM) and Eagle Merchant Partners, on its sale to affiliates of American Securities LLC. Headquartered in Austin, Texas, United PF is the largest and fastest-growing area developer within the Planet Fitness system. The transaction was led by Ryan Budlong, John Neuner, Ed Arkus, Zach England and Bernardo Villar of the Harris Williams Consumer Group.  

January 3, 2020

Harris Williams, a global investment bank specializing in M&A advisory services, announces Receipt Bank’s Series C capital raise of approximately $73 million (£55 million) in equity and debt, led by Insight Partners (Insight), joined by Augmentum Fintech plc (Augmentum), with participation from existing investors Kennet Partners (Kennet) and Canadian Imperial Bank of Commerce (CIBC). Receipt Bank is one of the world’s leading digital bookkeeping platforms. The funds will be used to continue expansion in Europe, Australia and North America, and build on Receipt Bank’s award-winning product suite. The transaction, led by Thierry Monjauze, Tyler Dewing, Julien Oussadon, Sylvain Noblet and Mathew Tsui of the Harris Williams Technology, Media & Telecom (TMT) Group, builds upon Harris Williams’ experience in the fintech sector.

Mergers & Acquisitions
January 2, 2020

To find out more about what to expect in dealmaking this year, Mergers & Acquisitions asked eight bankers and other advisors, including Derek Lewis, a Managing Director in the firm's Business Services Group, for their outlook on M&A in 2020. 

December 30, 2019

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it is advising American Freight Group, Inc. (American Freight), a portfolio company of The Jordan Company (TJC), on its pending sale to Franchise Group, Inc. (Franchise Group; Nasdaq: FRG) in an all cash transaction valued at approximately $450 million. American Freight is a leading value furniture retailer with over 170 locations in the U.S. The transaction is being led by John Neuner, Brent Spiller, William McBride and Trey Shehan of the Harris Williams Consumer Group.

December 26, 2019

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Crisis Prevention Institute (CPI), a portfolio company of FFL Partners (FFL), on its sale to Wendel, a premier European investment firm. CPI is a leading provider of behavior management and crisis prevention training programs. The transaction was led by Mike Wilkins and Andy Leed of the Harris Williams Technology, Media & Telecom (TMT) Group; Derek Lewis and Kel Wilburn of the Harris Williams Business Services Group; and Graham Rives of the firm’s Richmond office.

December 12, 2019

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it is advising Fitness World, a portfolio company of FSN Capital, on its pending sale to PureGym, a portfolio company of Leonard Green & Partners (LGP) and the UK's largest gym operator. Fitness World is a leading fitness operator in Europe. The transaction, being led by Ed Arkus, Danielius Uznys and Krishna Patel of the Harris Williams Consumer Group, extends the firm’s experience in the fitness space. Recent Harris Williams fitness transactions include advising PureGym on its sale to LGP, Taymax on its sale to Trilantic North America and Impact Fitness on an investment by Morgan Stanley Capital Partners, among other transactions. 

December 10, 2019

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Upstream Rehabilitation (Upstream), a portfolio company of Revelstoke Capital Partners (Revelstoke), on its sale to Revelstoke Single Asset Fund I, a newly formed special purpose vehicle affiliated with Revelstoke. Upstream is a leading national provider of outpatient and specialized physical therapy services, operating more than 746 clinics across 27 states. The advisory engagement was led by Andy Dixon, Cheairs Porter, Ben Bloomfield and Michael Mahoney of the Harris Williams Healthcare & Life Sciences (HCLS) Group.

December 10, 2019

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Lazer Spot, Inc. (Lazer Spot), a portfolio company of Greenbriar Equity Group, LP (Greenbriar), on its sale to Harvest Partners, LP (Harvest Partners). Lazer Spot is a leading independent provider of comprehensive yard management services and solutions. The transaction was led by Jason Bass, Frank Mountcastle, Jeff Kidd, James O’Malley and Trey Balson of the Harris Williams Transportation & Logistics (T&L) Group and Liam Duffy of the firm’s Richmond office.

December 6, 2019

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Longs Pharmacy Solutions (Longs), a portfolio company of Tailwind Capital (Tailwind), on its sale to PharMedQuest, a portfolio company of Kinderhook Industries, LLC (Kinderhook). Longs provides pharmacy management services and specialty pharmacy operations. The transaction was led by Cheairs Porter, Paul Hepper, Nick Owens, Tyler Bradshaw, Andrew Hoft and Cameron Thomas of the Harris Williams Healthcare & Life Sciences (HCLS) Group.