Woodbridge International, a leading middle-market global mergers and acquisitions firm, is pleased to announce the sale of its client, Mary’s Bridal to Rachel Allan.
Houston, Texas-based Mary’s Group, Ltd, dba Mary’s Bridal, is a designer and wholesale supplier of bridal gowns, Quinceañera dresses, prom, bridesmaid, special occasion dresses and flower girl dresses. Mary’s Bridal products are known for hand-sewn beading, romantic floral patterns, impeccable workmanship and couture-like construction. Founded in 1983, the Company sells its products to thousands of specialty retailers/bridal boutiques across the U.S with product also sold to over 30 countries worldwide.
Founded in 1985, Rachel Allan is a Burr Ridge, Illinois-based fashion designer for prom, homecoming, cocktail, social occasion, couture and pageant dresses.
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the sale of its client, NetSource Communications, Inc. to Venture Technologies backed by FlatWorld Capital.
Based in Naperville, Illinois, NetSource Communications provides a range of Internet hosting services to over 600 small and medium-sized businesses from its state-of-the-art data center. Types of hosting services NetSource provides include colocation, dedicated servers, cloud, security, and disaster recovery. In addition, NetSource offers complete managed services for companies seeking an outsourced solution for their IT infrastructure needs.
Headquartered in Ridgefield, Mississippi, Venture Technologies is an IT solutions provider. Founded in 1986, the company operates locations in Alabama, Colorado, Illinois, Louisiana, Mississippi, Tennessee, Wisconsin and Wyoming.
FlatWorld Capital is a New York-based private equity group that specializes in funding and advising middle-market companies.
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the sale of its client, Carriage House Door, Inc. (“the Company”) to a leading supplier of building products.
Sacramento, California-based Carriage House Door manufactures high-end, custom garage doors for the residential market. The Company serves a national customer base of dealers, builders and architects and feature the latest automation technology.
All doors are produced at the Company’s two manufacturing facilities – one in northern California and the other in North Carolina, which combined house 124,000 square feet.
Over the past 10 months, Woodbridge International, a global mergers and acquisitions firm, closed 20 middle-market deals. All but one were sell-side and many were cross-border transactions.
Woodbridge’s clients included medical device manufacturers, software developers, chemical distributors, and various service providers operating in the U.S., China, Germany, Poland, Canada and Australia. More than half of the businesses sold were acquired as add-ons or platforms by strategic private equity firms based in the U.S. and abroad.
“Woodbridge is building on our 2016 momentum and is already off to a strong start in 2017, having just closed four deals in four different industries in January,” said Founder and CEO Robert Koenig. “The demand for middle-market companies is robust – and our global capabilities and unique underwriting process are attracting higher numbers of U.S. and foreign sellers. We expect 2017 will be a record year of deal closings for Woodbridge.”
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the sale of its client, TMC Materials, Inc. (“TMC”), a premier East Coast specialty chemical distributor, to Ravago Chemical Distribution, a subsidiary of Ravago Holdings America.
Beginning in the New England region, TMC grew in to the Mid-Atlantic and then finally down into the southern United States establishing the company territory all along the East Coast, covering 20 states in total.
Ravago is the market leader and global distributor, reseller, and compounder of plastic resins and rubber. Founded in 1961, Ravago is a privately held family owned company headquartered in the city of Luxembourg, Luxembourg, Ravago Americas is based in Orlando, FL.
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the sale of its client, Rad Source Technologies, Inc. to Weihai Weigao Equity Investment Management Company Limited.
Rad Source Technologies is a Suwanee, Georgia-based designer and manufacturer of X-ray irradiation systems used in a broad range of applications such as blood irradiation, small animal research and insect control. Customers include the world’s leading healthcare institutions, research university laboratories and major biotech and pharmaceutical companies.
Rad Source was acquired through a merger with a USA entity set up by China-based investment fund Weihai Weigao Equity Investment Management Company Limited. DRP Capital Limited of Hong Kong acted as financial advisor to the buyer.
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the sale of its client, Mid-West Spring Manufacturing Company in a Management Buyout transaction.
Mid-West Spring Manufacturing Company is a Romeoville, Illinois-based manufacturer of custom springs, wire forms and stampings for a wide variety of industrial customers nationwide. The Company focuses on manufacturing smaller-run volume, custom-designed products for niche applications, most of which are value-engineered to customer specs.
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the sale of its client, General Caulking and Coatings Company, Inc. (“GCCC”) to a German Holding Company.
Based in Miami, Florida, General Caulking and Coatings Company supplies advanced waterproofing applications for new construction and building restoration projects. Since its inception nearly 60 years ago, GCCC has been continually developing advanced methods of installing its products. The Company has completed projects such as the Daytona Speedway, Cape Canaveral and Disney’s Animal Kingdom. GCCC provides services throughout the state of Florida and the Caribbean.
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the sale of its client Hoskin Scientific Ltd. (“the Company”) to Supply Chain Equity Partners.
British Columbia-based Hoskin Scientific, Ltd. supplies public and commercial markets with a comprehensive range of sophisticated environmental testing, monitoring, analysis and related products. For over 70 years, Hoskin Scientific has been a supplier of testing and monitoring instrumentation to the Canadian market. The Company operates from four offices across Canada and is the exclusive Canadian distributor for many of the product lines it carries.
Supply Chain Equity Partners, headquartered in Tampa, Florida, is a value-added private equity fund focused on the distribution industry. The firm is founded and backed by distribution industry veterans and provides operating, strategic and growth planning guidance to its portfolio companies.
Woodbridge International is pleased to announce the completion of a joint venture agreement between its client Yamada Electric, headquartered in Chiba, Japan and Lodz, Poland-based Wentworth. The transaction is the first deal Woodbridge has closed in Poland.
YamadaWentworth will be taking over operations at PLMC in Lodz, Poland effective July 1, 2017. YamadaWentworth is a joint venture agreement between Yamada Electric and Wentworth Technologies with the JV Company having been established in Poland. Yamada will be taking on the operations of Fusion, ProGlide, Flexball and Venus razors currently produced at PLMC.
Fred Campatelli, Yamada U.S. President, said of the deal, “This is an exciting new opportunity for us and is in line with our strategy to be the global razor manufacturer for Gillette. Once this move is completed, this could result in similar moves in our other manufacturing sites.”