PDF 3151KB - Brown Gibbons Lang & Company

More documents

Recommendations

Info

Delivering Growth Solutions to the Global Middle Market As a leading independent investment bank advising middle market companies in the U.S. and internationally for over 20 years, BGL provides specialized industry expertise, broad transaction experience, and a shared entrepreneurial spirit that can help you increase and preserve your company’s value. • M&A Advisory • Capital Raising • Financial Restructuring • Fairness Opinions & Valuations • Strategic Advisory Please visit www.bglco.com Transactions involving securities are completed through Brown Gibbons Lang & Company Securities, Inc., an affiliate of Brown Gibbons Lang & Company LLC and member FINRA CHICAGO • CLEVELAND • SALT LAKE CITY MICHAEL E. GIBBONS Senior Managing Director & Principal Construction Materials and Building Products, Cross-Border M&A mgibbons@bglco.com SCOTT T. BERLIN Managing Director & Principal Metals & Metals Processing sberlin@bglco.com EFFRAM E. KAPLAN Managing Director & Principal Business Services and Environmental Services ekaplan@bglco.com ANDREW K. PETRYK Managing Director & Principal Basic Industrials apetryk@bglco.com JOHN C. RIDDLE Managing Director & Principal Healthcare and Life Sciences jriddle@bglco.com MANFRED R. STEINER Managing Director & Principal Health Systems and Health Facilities msteiner@bglco.com JOHN R. TILSON Managing Director & Principal Consumer Products and Security Services jtilson@bglco.com KEVIN H. SARGENT Director & Principal Basic Industrials ksargent@bglco.com NICO A. BOLZAN Director Real Estate nbolzan@bglco.com
VOLUME 1 :: ISSUE 3 M&A news, trends and success stories for the middle market Smart M&A Editor: Rebecca A. Dickenscheidt Managing Editor: Ann M. Gynn Associate Editor: Danielle Toth Contributing Editors: Erik Cassano & Dennis Seeds Art Director: Stacy Vickroy Publisher: Michael Marzec Cover photography: Peter Crane 10 A PUBLICATION BY BROWN GIBBONS LANG & COMPANY Published by Smart Business Content Marketing, 835 Sharon Drive, Suite 200, Westlake, OH 44145. (440) 250-7000 Smart M&A is solely intended for general information purposes. It is not intended to provide—nor should it be used in lieu of—financial, accounting, legal or other professional advice. The publisher assumes no liability for readers’ use of the information contained herein. Readers are encouraged to seek professional assistance with regard to specific matters. All opinions expressed in Smart M&A are those of the authors or sources and do not necessarily reflect the views of Brown Gibbons Lang & Company. The information contained in this publication was derived from proprietary research conducted by a division or owned or affiliated entity of Brown Gibbons Lang & Company LLC. Any projections,estimates or other forward-looking statements contained in this publication involve numerous and significant subjective assumptions and are subject to risks, contingencies, and uncertainties that are outside of our control, which could and likely will cause actual results to differ materially. We do not expect to, and assume no obligation to update or otherwise revise this publication or any information contained herein. Neither Brown Gibbons Lang & Company LLC, nor any of its officers, directors, employees, affiliates, agents or representatives makes any representation or warranty, expressed or implied,as to the accuracy, completeness or fitness of any information contained in this publication, and no legal liability is assumed or is to be implied against any of the aforementioned with respect thereto. This publication does not constitute the giving of investment advice, nor a part of any advice on investment decisions and nothing in this publication is intended to be a recommendation of a specific security or company, nor is any of the information contained herein intended to constitute an analysis of any company or security reasonably sufficient to form the basis for any investment decision. Brown Gibbons Lang & Company LLC, its affiliates and their officers, directors, employees or affiliates, or members of their families, may have a beneficial interest in the securities of a specific company mentioned in this publication and may purchase or sell such securities in the open market or otherwise. Nothing contained in this publication constitutes an offer to buy or sell or the solicitation of an offer to buy or sell any security. 4 PERSPECTIVE What makes the grade in valuation? Michael E. Gibbons 5 NEWS & NOTES 6 MIDDLE MARKET PERSPECTIVE Rennillo Deposition & Discovery 9 MIDDLE MARKET PERSPECTIVE Jim Abel, CPI Corp. 10 COVER FEATURE Carving out a niche: Harwood Capital targets public-to-private market 15 FIRST PERSON :: BGL INSIGHTS Scott T. Berlin 16 VIEWPOINT :: RANDY MARKEY Inform, engage and execute your way to accelerated growth 18 VIEWPOINT :: DENISE A. CARKHUFF Don’t trip as you skip to a sale 20 FIRST PERSON :: GLOBAL INSIGHTS Ivan Alver, Co-founder, Global M&A Norway 22 MARKET TRENDS :: M&A ACTIVITY Brown Gibbons Lang & Company is a leading independent investment bank serving middle market companies and their owners throughout the United States and internationally. BGL’s professionals are experts in mergers & acquisitions, debt & equity placements, financial restructurings, and fairness opinions & valuations with industry expertise across the global growth sectors of the economy. www.bglco.com. If you have a question, need more information, or would like to obtain a digital copy of Smart M&A, contact BGL’s Wendy Neal at wneal@bglco.com. VOLUME 1 ISSUE 3 :: Smart M&A 3
Page 1: Smart M&A VOLUME 1 :: ISSUE 3 M&A n
Page 5 and 6: CLEANING UP BGL’s environmental s
Page 7 and 8: HOW DID RENNILLO DEPOSITION & DISCO
Page 9 and 10: CPI makes tough choices to move for
Page 11 and 12: PHOTOS BY PETER CRANE OUT A CARVING
Page 13 and 14: 160 percent. So the deficits are ma
Page 15 and 16: PHOTO BY JIM BARON Scott T. Berlin
Page 17 and 18: ENGAGE Engage them in the process o
Page 19 and 20: could potentially be deducted from
Page 21 and 22: development of challenging new deep
Page 23 and 24: PRIVATE EQUITY INVESTING: EYE ON TH

PDF 3151KB - Brown Gibbons Lang & Company

Create successful ePaper yourself

Delete template?

Save as template?