Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, A Chemical Distributor by A U.S. Private Equity Group.
The Chemical Distributor’s customer base includes Fortune 500 and other large and medium-sized companies.
The Private Equity Group is a private investment firm with deep expertise in operations and growth enhancement in the middle market.
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Ace Flooring, Inc., dba Naturally Aged Flooring, to Q.E.P. Co., Inc.
Naturally Aged Flooring, located in Moorpark, CA is a premier hardwood flooring manufacturer, importer, and distributor serving a national customer base of over 2,500 mostly independently-owned retailers and has been in business since 1976.
Q.E.P. Co., Inc., founded in 1979, is a world class, worldwide provider of innovative, quality and value- driven flooring and industrial solutions. As a leading manufacturer, marketer and distributor, QEP delivers a comprehensive line of hardwood and laminate flooring, flooring installation tools, adhesives and flooring related products targeted for the professional installer as well as the do-it-yourselfer.
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Stretch Internet by CE Holdco, LLC, a portfolio company of Battery Ventures, Boston, Mass.
Stretch Internet LLC, located in Gilbert, Arizona, is the #1 streaming provider in the U.S. collegiate athletic space, catering to 40% of the 1,300+ four-year schools in the major athletics organizations (NCAA and NAIA) and partnering with 32% of all collegiate conferences. In 2017, Stretch was named to the Inc. 5000 list of the fastest growing-privately held companies in the U.S.
“We are thrilled to announce the acquisition of Stretch Internet by Battery Ventures,” said Stretch Internet founder Ryan Ermeling. “When Battery first reached out to us several months back, they shared a compelling narrative about their vision for building a comprehensive college sports division, and we’re excited to become a pivotal part of that plan. Stretch Internet already has some exciting initiatives that will carry the company forward in dramatic ways, and this acquisition only accelerates that journey.”
Ryan Ermeling, who started the company in his garage in 2003, will serve in a consultative role as Battery formulates its plans for the new venture.
Battery Ventures, is a global, technology focused investment firm pursuing the most promising companies and ideas. Founded in 1983, the firm makes venture-capital and private equity investments from offices in Boston, Silicon Valley, London and Israel. Battery Ventures has invested in more than 300 companies over their 35-year history.
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Athletica Sport Systems by Fulcrum Capital Partners.
Athletica Sport Systems, located in Waterloo, Ontario, is a global leader in the design, manufacture and installation of premium-quality arena infrastructure equipment, including its market-leading dasher board systems for hockey arenas and multi-sport athletic facilities.
“We are thrilled to announce this transaction and partnership with Fulcrum,” said Andrew McRae, CEO of Athletica. “Fulcrum has a long history of value creation by assisting businesses such as ours to execute strategic goals. We look forward to working with Fulcrum to pave the way for Athletica’s next phase of growth.”
Robert Naegele Jr., a driving force behind Athletica’s success, will continue to be involved with the company, contributing his vast knowledge in the sport of hockey and the business.
Fulcrum Capital Partners, (“Fulcrum”) a Canadian private equity firm focused on the Canadian lower middle market has raised and invested over $750 million in 45 platform companies. The investment was made by Fulcrum Capital’s Private Equity Fund V and marks the eighth platform investment made from Fund V, which closed in July 2015.
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Media Response Group (MRG), a portfolio company of VSS, a New York-based private equity firm, to Oi2 Media Corp.
Headquartered in Madrid, Spain, Media Response Group is a digital marketing group with proprietary media and technology focused on Latin America. The Company’s product lines include display advertising, video streaming, mobile, programmatic and other digital marketing solutions. With over 150 million monthly users, MRG provides access to the fast-growing Spanish and Portuguese speaking markets and has the second largest reach in Latin America. Clients include many of the world’s most prestigious global brands.
Oi2 Media Corp is a leading content and services provider to the audio and video marketplace in the U.S. with a growing presence in Latin America and Europe through over a network of 1,700+ radio affiliations to over 1,000+ unique radio stations with a territorial presence in 33 countries. Oi2 Media Corp. is based in Orlando, Florida. It has operations in Latin America, Europe, and internationally.
VSS provides capital for growth financings, recapitalizations, strategic acquisitions and buyouts to lower middle market companies and management teams with the goal of building companies organically as well as through a focused add-on acquisition program. VSS makes privately-negotiated investments across the capital structure and has the ability to invest in situations requiring control or non-control equity, mezzanine securities and structured equity securities.
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, SNJ Enterprises, Inc. dba Zamp Solar (“the Company”) by PulseTech Products Corporation.
Zamp Solar, located in Bend, Oregon, is a premier designer and manufacturer off-grid solar modules and rugged portable and recreational vehicle solar energy products. The Company has created a niche in high-quality, easy-to-install kits that charge or maintain any traditional 12-volt battery bank or rechargeable lithium-ion battery. Zamp’s energy storage solutions are used by the RV, marine, industrial, automotive, mobility and off-grid markets.
Southlake, Texas-based PulseTech Products Corporation manufacturers I2-volt, lead-acid battery maintenance and testing products, including ruggedized solar panels. The company sells to the U.S. military, first responders, commercial fleet and equipment owners for dual military and commercial uses, as well as to consumers looking to maximize battery performance and dramatically reduce battery-related expenses.
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Atlanta Cheesecake Company (ACC), by Dessert Holdings, a holding company formed by private equity firm Gryphon Investors.
Atlanta Cheesecake Company began as a family business in 1988 on the Van der Blom family farm in Anniston, Alabama. Now based in Kennesaw, Georgia, ACC offers over 140 dessert varieties and delivers products to well-known grocery retailers in North America. Atlanta Cheesecake Company is committed to the highest standards in food quality and safety and uses the finest all-natural ingredients.
Dessert Holdings, based in St. Paul, Minnesota, is an umbrella company that consists of several premium dessert companies and brands: The Original Cakerie, Lawler’s Desserts and Atlanta Cheesecake Company. The Original Cakerie, founded in 1979, is a leading manufacturer of high-quality frozen desserts for retail and foodservice customers across Canada and the U.S. Lawler’s Desserts, a manufacturer of gourmet cheesecakes, layer cakes, pies and other premium desserts, is based in Humble, Texas.
Based in San Francisco, Gryphon Investors is a leading private equity firm focused on profitably growing and competitively enhancing middle-market companies in partnership with experienced management.
In the announcement of the transaction by Gryphon Investors, Meg Sapp, President of ACC, said, “We are confident that the team at Dessert Holdings shares our values and our commitment to delivering innovative desserts of the highest quality, and we look forward to a partnership that will bring Atlanta Cheesecake Company products to even more people.”
Woodbridge International, an innovative middle-market mergers and acquisitions firm, is pleased to announce the sale of its client, Ontario, Canada-based Skilcor Food Products to Premium Brands Holding Corporation, a leading producer, marketer and distributor of branded specialty food products.
Skilcor is one of Canada’s leading manufacturers of cooked back ribs and other unique protein products. Founded more than 50 years ago, Skilcor is a recognized leader in the North American food industry. Excellent customer service, innovative portioned controlled meat products, state-of-the-art facility, together with an award-winning food safety program, are the foundations of Skilcor’s success.
Premium Brands Holding Corporation is a publicly-held company headquartered in Vancouver, British Columbia. The company owns a broad range of leading specialty food manufacturing and differentiated food distribution businesses.
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, iTech US, Inc. and its wholly owned subsidiary SmartWorks, LLC (“the Company”) by SharedLabs, Inc.
Founded in 2001, iTech is headquartered in South Burlington, Vermont and provides IT consulting services with technological expertise across the full IT life cycle. Its wholly owned subsidiary, SmartWorks, is a software consulting and services company that specializes in hiring and mentoring IT professionals in emerging technologies. The Company’s founder and CEO, Kishore Khandavalli, will assume a board-level role with SharedLabs.
SharedLabs is rapidly growing IT company that supports, manages, repairs, or improves software, applications and ecommerce systems, which drive today’s digital world. SharedLabs is headquartered in Jacksonville, Florida with additional offices in Santa Clara, California, Dallas Texas, NY Metro, Montreal Canada, and Reston, Virginia.
Woodbridge International, an innovative middle-market mergers and acquisitions firm, is pleased to announce the sale of its client, Concrete Polishing & Restoration, Inc. (CP+R) of Caryville, Tennessee, to Servants’ Heart, LLC, a Sterling, Virginia-based investment group.
Founded in 2004, CP+R is one of the largest concrete polishing companies in the U.S. The company serves a national base of leading retail and commercial customers, including several publicly-held retail chains. CP+R’s selling shareholders, Tony Simpson and Michael Clarke, will retain ownership in the new entity, and both will continue to be active in running the company.
Servants’ Heart, LLC is a group of investors led by Jeff Yoh. Many of its investors also participated with Jeff in the 2008 acquisition of Virginia-based Jenkins Restorations, LLC, which today operates 21 locations across the country.