Transactions Archive - Page 2 of 4

January 1, 2017

Plymouth Financial

Sale to Bear Sterns Plymouth Financial (“Plymouth”) is the leading purchaser and servicer of tax liens in the U.S. Senior members of Scura Partners were the founders of Plymouth. Scura Partners was involved in putting in place Plymouth’s entire capital structure including equity, sub-debt, senior debt and securitizations. Scura Partners proposed the transaction to the Board of Plymouth and to […]

January 1, 2017

Manufacturers Promotion Group

Sale of an interest to Southern Container MPG is a provider of corrugated packaging, point-of-purchase displays and other specialty packaging items. MPG’s owners engaged Scura Partners to advise them in evaluating strategic alternatives. Based on our knowledge and experience in the packaging sector, we were able to generate substantial interest in MPG by focusing on a few select strategic buyers. […]

January 1, 2017

NU-VU Food Service Systems

Sale to the Middleby Corporation Scura Partners represented Win-Holt Equipment Group in connection with the sale of Nu-Vu Food Service Systems to The Middleby Corporation. Nu-Vu is a leading designer and manufacturer of a wide range of bread baking ovens and other stainless steel equipment used in the foodservice industry. Despite a high degree of customer concentration and rising raw […]

January 1, 2017

CD&L

Sale to Velocity Express CD&L (AMEX: CDV) is a leading customized full-service, time-critical ground delivery service. Scura Partners assisted CD&L in negotiations with Velocity Express (NASDAQ: VEXP) and rendered a fairness opinion. The Board of CD&L voted to approve the merger and an announcement was made July 5, 2006.

January 1, 2017

Velocity Express

Sale to the Comvest Group VEXP’s special committee engaged Scura Partners to conduct a sale process in response to a management buyout proposal. VEXP filed a Chapter 11 three months later. Post filing, Scura Partners was engaged to represent the company in a 363 sale process which was successfully concluded with the acquisition of the company by ComVest.

January 1, 2017

TheNextRound

Sale to SS&C TheNextRound (“TNR”) is a leading provider of software solutions for the private equity and alternative investment communities. Scura Partners acted as financial advisor to TNR. Scura Partners initiated the transaction, managed a competitive process and assisted in the structuring and the negotiation of the terms.

January 1, 2017

Financial Technologies

Sale to Sungard Systems Scura Partners built a deep relationship with FTI, including: advising on venture capital alternatives; assisting FTI in founding the Private Equity Industry Guidelines Group; advising FTI in partnership discussions and in business development team strategy. When FTI was approached by a potential acquirer, our deep understanding of the business allowed us to quickly bring other interested […]

January 1, 2017

J.G. Wentworth

Sale to JLL Partners J.G. Wentworth (“JGW”) is the leading specialty finance company focused on purchasing structured settlements. Scura Partners has worked with JGW since 2001 and our principals have advised the company since 1997. Scura Partners proposed the transaction to JGW management and conducted a thorough process to identify the best partner for JGW’s stated goals. Scura Partners contacted […]

January 1, 2017

Unicorn Financial

Sale to JP Morgan Unicorn Financial Services (“Unicorn”) engages in providing financing packages for elective dental and medical procedures. Scura Partners has advised Unicorn since 2003 on several transactions to secure additional capital supporting the Company’s rapid growth. Scura Partners initiated the sale process, identified and contacted potential buyers and successfully managed an auction to maximize the valuation received for […]

August 31, 2016

Microvision

$26 million registered direct offering Microvision (NasdaqGM: MVIS) develops compact, low power, high-resolution displays and imaging systems based on silicon micro-mirror technology. Priced 11.2 million shares of common stock and warrants to purchase 6.7 million shares at a price of $2.33 per unit, a 12.5% discount to the 10-day volume weighted average closing bid price. Raised gross proceeds of $26.0 […]

August 31, 2016

Encore Capital Group

$187 million acquisition of Propel Financial Services Encore Capital Group (NASDAQ:ECPG), headquartered in San Diego CA, is a leader in consumer debt buying and recovery. Propel Financial Services is a lender specializing in property tax financing for commercial and residential property owners, primarily in Texas. As financial advisor, Scura Partners provided valuation, structuring, and negotiating advice to Encore in the […]

February 13, 2016

Lincoln Educational Services

Financial Advisors for Strategic Alternatives Lincoln (LINC:NASD) is a for profit, post-secondary educational institution with 33 campuses located throughout the U.S. SP was hired to evaluate the overall impact on shareholder value of a proposed divestiture