Sale to Dover Corporation

  • Innovative Control Systems (ICS) is a leading developer and manufacturer of process control, software management, and equipment automation products that serve the carwash industry.
  • Located in Bethlehem, PA, ICS’ products have been sold to more than 15,000 car wash sites in thirty-two countries spread throughout five continents over the last 32 years. ICS’ company highlights include an average annual organic growth rate exceeding 20% in each of the past five years, a staff of 160 plus team members, and the development and global market launch of 12 exciting new products that are redefining the world of carwash technology
  • Scura Partners acted as exclusive financial advisor to ICS by evaluating its strategic options and providing advice on valuation, structuring and assisting in the negotiations with Dover Corporation (NYSE:DOV), the ultimate purchaser of ICS
January 14, 2021

Innovative Control Systems, Inc.

Sale to Dover Corporation Innovative Control Systems (ICS) is a leading developer and manufacturer of process control, software management, and equipment automation products that serve the carwash industry. Located in Bethlehem, PA, ICS’ products have been sold to more than 15,000 car wash sites in thirty-two countries spread throughout five continents over the last 32 years. ICS’ company highlights include […]
March 30, 2020

Polished Metals Limited Inc.

Sell-Side Advisor Polished Metals Limited Inc. (“PM”) is one of the largest polishers of sheet metals in the United States. Scura Partners worked with PM, a family-owned business, to review its strategic alternatives with the goal of identifying, attracting and securing the optimal partner. PM decided to partner with Sky Island Capital (SIC). SIC is a lower middle market private […]
March 30, 2020

Demand Power Group Inc.

$71 million Capital Raise Demand Power Group Inc (DPGI) is an innovative energy services company, offering electricity solutions to Ontario’s industrial and commercial customers, improving power reliability while reducing energy costs. Scura Partners (SP) began advising DPGI in 2018, helping the company refine its strategy and develop a detailed financial model and presentation materials. SP also led DPGI’s efforts in […]
March 30, 2020

Karma Agency

Sell-Side Advisor Karma Agency (Karma) is a full-service, category-diverse communications firm specializing in brand strategy and digital communications, as well as advertising, design, reputation management, issues and crisis communications, and earned and social media. Scura Partners worked with Karma’s shareholders to review its strategic alternatives, advised on the structuring of the transaction and assisted in the negotiation of the definitive […]
May 23, 2019

Ludwick Eye Center

Sale to Omni Eye Services Ludwick Eye Center is a regional leader in ophthalmic care headquartered in Chambersburg, PA. LEC’s practice includes 9 providers, over 90 employees, 3 clinic locations, 2 ambulatory surgery centers and an anesthesia company. Scura Partners served as exclusive financial advisor in this transaction and conducted a controlled auction focused on well defined strategic and financial […]
October 12, 2017

Toisa, Ltd.

Financial Restructuring Advisor Toisa is an industry leading OSV and deepsea tanker and bulk carrier operator The plunge in offshore drilling activity resulted in a depression for offshore supply vessel (OSV’s) employment The decline in revenue made it impossible for the company to meet scheduled debt payments necessitating a restructuring of $1 billion of secured bank debt (ongoing)
September 5, 2017

Annese Integrated Technology Solutions

Sale to ConvergeOne Annese & Associates is a leading regionally-focused IT technology solutions provider delivering Professional and Managed Services, including cloud, mobility, security, data center virtualization, and collaboration. Scura Partners served as exclusive financial advisor in this transaction and conducted a controlled auction focused on well defined strategic and financial partners. The Annese family voted to sell the business to […]
June 7, 2017

Campus Door

Sale to Incenter The company is the leading origination platform provider serving the private student loan industry SP has advised the company on multiple financial and strategic transactions over the past ten years On its behalf, SP conducted a sale process that lead to its sale to Incenter, a portfolio company of Blackstone
January 15, 2017

NAM National Abritration and Mediation

Significant Equity Investment from Sageview Capital National Arbitration and Mediation (“NAM”) is a leading provider of alternative dispute resolution (“ADR”) services. Alternative dispute resolution is a timely, convenient and cost-effective alternative to litigation, allowing parties to resolve their disputes without a trial. Scura Partners served as exclusive financial advisor in this transaction. Sageview’s investment enables NAM to accelerate its growth […]
January 1, 2017

InSource Financial Services

$50 million participating financing facility InSource Financial Services, LLC is a specialty servicer engaged in the acquisition, servicing and resolution of residential real estate assets. InSource is using the capital to purchase over $100 million in residential REO portfolios from financial institutions. The facility allowed InSource to purchase large pools of residential REO portfolios from banks and other financial institutions. […]