Q4 2012 Capital Markets Newsletter - Western Reserve Partners LLC

Transaction in Focus | The SpyGlass Group, Inc.
4
has been recapitalized
The Ready-Mix Assets and Eastern
Cement Corporation of
have been acquired by
a division of
CRH plc
The Assets of
Schwab Materials, Inc.
have been acquired by
has sold its
Construction and
Engineering
Services Division to
John A. Martell
and
Bonnie M. Martell
Fairness Opinion to the
Board of Directors
has been recapitalized
December 2012
has been acquired by
Dan T. Moore
Company, Inc.
has acquired
has completed a reverse
stock split
Fairness Opinion
has been acquired by
a portfolio company of
A portfolio company of
has been acquired by
a portfolio company of
has been acquired by
he David J. Joseph Company
a wholly owned subsidiary of
has been acquired by
has been acquired by
Series C Redeemable
Convertible Participating
Preferred Stock
has been recapitalized by an investor
group led by Crane Investment Company
Bankruptcy Estate of
Driggs Farms of Indiana,
Inc.
a portfolio company of
has been acquired by
has been recapitalized by
has been recapitalized by
Land-O-Sun Dairies, LLC
an affiliate of Dean Foods
Valuation Services
a member of the
has acquired
Partners in
Plastics, Inc.
a division of
has been acquired by
has been acquired by
and
Members of Managemen
has been acquired by
Senior Credit Facility
has been recapitalized by
has been acquired by
The undersigned acted as exclusive financial advisor
to The has SpyGlass been acquired by Group, Inc. in this transaction
has been acquired by
has been recapitalized b
Bill Burke
and
Members of Management
a portfolio company of
Fairness Opinion
Financial Opinion
Financial Advisory
Services
and
portfolio company of
has been acquired by
and
mbers of Management
has been recapitalized by
an investor group led by
Crane Investment Company
has been acquired by
has been acquired by
Fairness Opinion
has been
reorganized by
Timeshare
Acquisitions LLC
and
have formed an Equity
Joint Venture
has been acquired by
a portfolio company of
has been acquired by
a portfolio company of
has been recapitalized by
and
a portfolio company of
Valuation Services
s been reorganized by
Artemiss, LLC
an affiliate of
a portfolio company of
Company Overview
has been acquired by
has sold its
Cephalosporin
Finishing Facility to
has been acquired by
funds managed by
Oaktree Capital
Management, L.P.
a portfolio company of
has been acquired by
a portfolio company of
has been acquired by
Partners in Plastics, Inc.
has been acquired by
an Affiliate of
has been acquired by
has sold its coupon
redemption operations t
SpyGlass is a leading provider of niche telecommunications expense management services. Headquartered in Westlake, Ohio, the Company’s
services include audit and implementation of telecom expense savings opportunities such as recovery of funds paid in error, elimination of
unnecessary services and improvement of provider cost structures. SpyGlass serves a diverse range of customers, including private sector businesses
of all sizes, government agencies, educational institutions and healthcare facilities.
a portfolio company a portfolio of Marlin company
Equity P
of Marlin Equity Partner
Transaction Overview
Western Reserve Partners served as the exclusive investment banker to The SpyGlass Group, Inc. in its recapitalization by an investor group led by
Crane Investment Company. Co-Chief Executive Officers Bradley Clark and Edward DeAngelo remained significant shareholders in the company
and continued to serve in the same capacity along with the existing management team.
Of SpyGlass’ new business partner, co-founder/CEO Ed DeAngelo said, “Our team is thrilled to be partnering with Crane Investment Company as
we continue to invest in the business and execute our long term growth strategy.”
Commenting on Western Reserve, co-founder/CEO Brad Clark said, “Western Reserve’s assistance and advice were critical in finding the right
partner and navigating through the process. Their team’s expertise, responsiveness, perseverance and creativity allowed us to achieve a very
favorable outcome for the company, our employees and our customers.”
has been
recapitalized by
Contacts
Charles V. Aquino
Managing Director
216.589.9534
caquino@wesrespartners.com
Victor F. Faris
Managing Director
216.589.9531
vfaris@wesrespartners.com
David P. Mariano
Director
216.574.2108
dmariano@wesrespartners.com
This story
Joseph
can fit
G.
75-125
Carson
words. Managing Director
216.589.9534
jcarson@wesrespartners.com
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Managing
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216.589.9532
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Director
ask yourself
216.574.2117
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216.574.2109
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216.589.9557
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216.574.2103
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Justin
of
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216.574-2105
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David D. Dunstan
Managing Director
216.589.9530
ddunstan@wesrespartners.com
Kenneth A. Hirsch
Managing Director
214.459.3322
khirsch@wesrespartners.com
Kevin M. White
Director
216.589.9536
kwhite@wesrespartners.com
This newsletter is published solely for the general information of clients and friends of Western Reserve Partners LLC. Information contained in this publication is based on data obtained from
sources we deem to be reliable; however, we do not guarantee or represent that it accurate or complete, and it should not be relied upon as such. Opinions expressed are our current opinions
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as of the date appearing on this material only. This material should not be read as advice or recommendations, and we are not soliciting any action based upon receipt of this information.
Nothing in this publication is intended to be an offer to buy or sell or the solicitation of an offer to buy or sell any specific security or company. The testimonials presented are applicable to the
individuals depicted and may not be representative of the experience of others. The testimonials are not paid and are not indicative of future performance or success.
Mergers & Acquisitions ● Capital Raising ● Financial Opinions & Valuations ● Restructuring & Bankruptcy