The Selling Company: Interact, Inc. operated from Lincoln, Nebraska and Austin, Texas. This company provided carrier quality software such as interactive voice response systems to customers worldwide. Why the company was sold: The selling shareholders wanted to retire. Capital Alliance’s Performance: After review by many prospective acquirers, Capital Alliance negotiated a favorable cash down payment...
Author: iwerkdev
Interstate Plumbing & Air Conditioning has been acquired by Sorenson Capital
The Selling Company: Interstate Plumbing & Air Conditioning, LLC, with revenues in the $100 million range, is the largest nonunion, residential and commercial plumbing and HVAC contractor in Nevada. Based in Las Vegas, the company has a diversified customer base, including the major high-end residential and commercial developers operating in Nevada. Why the company was...
JSS Roustabouts, LLC has been acquired by The Willistown Group/JSS Energy Services
The Selling Company: JSS Roustabouts, LLC – Velma, Oklahoma Why the company was sold: The owner was nearing retirement and had two objectives: provide for his retirement with cash from the sale of the company, while also transferring a portion of his equity to his son, who was active as the #2 person in the...
Keane & Sons Drilling Co. has been acquired by Cerberus Capital Management LP
The Selling Company: Keane & Sons Drilling & Fracing, headquartered in Lewis Run, Pennsylvania, is one of the premier service providers in the Marcellus Shale play in Pennsylvania, West Virginia, and Ohio. Why the company was sold: The shareholders were seeking liquidity, diversification, and estate preservation for themselves and their families. Capital Alliance’s Performance: CA...
Pharmed Group Holdings, Inc. has acquired Degasa, S.A. de C.V.
Capital Alliance Corp. (CAC) represented the owners of Mexico City-based Degasa, a manufacturer of medical-grade cotton products. The shareholders engaged with CAC after determining that the company’s medical gauze and cotton wool product business and its employees were best served by forging a joint venture with a partner who could provide access to the US...
Lyons HR has acquired AdminHR, LLC
The Selling Company: AdminHR is a privately-owned, full-service professional employer organization (PEO), providing outsourced payroll, training, insurance and benefits to 80 clients, with over 800 employees principally in the state of North Carolina. Why the company was sold: The company experienced difficulties when a principal shareholder responsible for day-to-day operations passed away. The remaining shareholders...
Advantek has been acquired by Siegel-Robert
The Selling Company: Advantek is a leading producer of carrier tape for the semiconductor industry. Its explosive growth in sales and profitability results from proprietary processes and achieving superior tolerances. With worldwide sales, the company has facilities in Singapore and Germany, with its manufacturing operations headquartered in Minnesota. Why the company was sold: The major...
Ascension Technology Corporation has been acquired by Roper Industries
The Selling Company: Ascension Technology Corporation manufactures 3D magnetic and optical tracking devices for medical guidance and minimally invasive surgery. It offers surgical navigation and image guided procedures based products for tracking and localizing medical instruments within a patient’s body. Ascension’s sensors are being sold to the leading ultrasound OEMs worldwide. Why the company was...