Transactions Archive - Page 3 of 5

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

October 12, 2015

Core Molding Technologies

Evaluated Strategic Acquisitions Core Molding is a leading manufacturer and assembler of large parts for major truck OEMs Over a period of 15 months Scura Partners assisted the Board in evaluating several significantly sized industry participants

October 12, 2015

Plymouth Financial

$111.2 Million Tax Lien Securization SP structured a unique tax lien securitization to allow Plymouth to purchase all the delinquent tax liens from Los Angeles County’s School Districts By combining asset securitization and municipal finance expertise, SP secured AAA ratings from both S&P and Moody’s enabling the structured financing to achieve an extremely low funding cost. Among the unique and […]

October 12, 2015

Jim’s Formal Wear LLC

Financial Advisor to S&J Property Management, LLC S&J Property Management is a family-owned real estate owner/manager and an affiliate of Jim’s Formal Wear LLC. Scura Partners acted as S&J’s exclusive financial advisor in identifying a buyer as well as negotiating the sale of the properties and simultaneous lease thereof to Jim’s Formal Wear. S&J fully liquidated its ownership interest in […]

October 12, 2015

Jerome Industries

Sale to the Audux Group Jerome Industries Corp., is a New Jersey based manufacturing company, specializing in mission critical power supplies targeted towards the medical device industry. The Board of Jerome voted to approve the acquisition by Audax Group, a Boston based private equity firm and the transaction closed in the Spring of 2011. SP acted as Jerome’s exclusive financial adviser […]

October 4, 2015

Ashburn Hill Corp

$6.5 million venture financing Ashburn Hill Corp. was founded to acquire the patents and assets of Carbtex Corp. and its principals. SP successfully raised growth capital for the Ashburn Hill Corporation Carbtex Corp. is the maker of Tecgen®, a flame retardant material used in personal protection clothing and equipment.

October 4, 2015

Dornoch Holdings

$15 million real estate fund Scura Partners founded Dornoch as a vehicle exploit opportunities in distressed real estate in New Jersey, New York and Pennsylvania. Scura Partners anchored the first fund with a commitment of over $1.5 million. We then raised a further $13.5 million in equity interests in two funds. This equity enabled the funds to acquire in excess […]