American National RubberHuntington, West Virginia Financial Advisory Services in the Sale of the Bun Processing Division to Jacobs & Thompson, Inc.Oct 2014
Bengur Bryan & Co., Inc. represented American National Rubber (“ANR”) in the sale of its Bun Processing Division to Jacobs & Thompson, Inc. American National Rubber (“ANR” or the “Company”), located near Huntington, West Virginia, is a leading manufacturer of closed cell sponge rubber products. Prior to the sale of its Bun Processing Division ANR’s products included both full buns, split sheets and rolls which are used in a variety of industrial products including automotive parts, building materials, construction and for other industrial applications. ANR will now focus exclusively on the manufacture of full bun products for the sale to fabricators, die cutters and other further closed cell rubber processors.
Doctor’s Choice Home Care, Inc.Sarasota, Florida Financial Advisory Services in the Arrangement of a Senior Debt Working Capital FacilityAug 2014
Bengur Bryan & Co., Inc. arranged a senior debt working capital facility for Doctor’s Choice Home Care, Inc., a portfolio company of Evolve Capital, provided by Triumph Healthcare Finance.
Doctor’s Choice Home Care is a Medicare certified home health agency that provides skilled nursing, therapy, and home aide services along the west coast of Florida. Doctor’s Choice currently has seven locations in Florida.
Aspire Home Care & HospiceTishomingo, Oklahoma Financial Advisory Services in the Arrangement of a Senior Debt Working Capital FacilityAug 2014
Bengur Bryan & Co., Inc. arranged a senior debt working capital facility for Aspire Home Care & Hospice (Home Health Holdings), a portfolio company of Evolve Capital, provided by Triumph Healthcare Finance.
Founded in 1996, Aspire Home Care & Hospice, is a provider of Medicare home healthcare and hospice services in southern Oklahoma. Aspire’s aide services include skilled nursing, therapy and home health. The company currently has 13 locations and is headquartered in Tishomingo, Oklahoma.
ElectroCraft, Inc.Dover, New Hampshire Buy Side Advisory Services in the Acquisition of Hansen CorporationJul 2014
Bengur Bryan acted as exclusive financial advisor to ElectroCraft, Inc. in its purchase of Hansen Corporation and arranged $5.5 million of senior subordinated debt and equity. The acquisition of Hansen combined with the substantial ElectroCraft product lines and motion solutions portfolio presents comprehensive solution for fractional horsepower electric motors, servo/stepper drives and motion control.
The benefit of the acquisition goes beyond the complimentary products and services. ElectroCraft welcomes the Hansen Engineering team to its substantial worldwide design group. Both groups are known for custom and configured solutions in their respective markets and the combined team will bring further innovation. The design teams are also supported by the venerable global manufacturing groups of both companies. “The most compelling aspect of the combination of Hansen and ElectroCraft is the value that it brings to our customers. Hansen and ElectroCraft have very complimentary motion control portfolios and the integration of the companies will allow us to better service the project needs of our existing and future customers,” said ElectroCraft CEO, Mike Karsonovich.