Halo2Cloud LLCGlastonbury, Connecticut Financial Advisory ServicesJun 2016
Halo2Cloud LLC is a rising consumer based electronic device company that is committed to offering products at the nexus of fashion and function, with an emphasis on both aesthetics and simplicity. Halo offers its customers unique and high quality merchandise at affordable price points. Halo is featured often on QVC and is recognized for exciting and creative products. The Company has created numerous products that are highly acclaimed and have achieved record sales levels within QVC.
Bengur Bryan was engaged as Halo’s advisor to identify and provide working capital financing in support of its international product sourcing.
Integrus Holdings, Inc.Sterling, Virginia Advisory ServicesJun 2016
Integrus is an integrated designer, developer and marketer of quality tableware and related merchandise across multiple channels domestically and internationally. The company has developed its own world renowned brand name products, as well those of third party brands, that have penetrated the commercial foodservice, the consumer products, and special event markets. Integrus has market penetration that includes over 70% of all the four and five star hotels in North America as well as leading retailers.
Bengur Bryan & Co., Inc. advised Integrus on arranging a $27.5 million senior debt facility and a subordinated debt issuance of $6.5 million in order to refinance the Company’s existing senior and subordinated debt to support future corporate development initiatives.
Rowe IndustriesPembroke Park, Florida Sell Side Advisory Services in the Sale of the Silicone Tape Business to Seal It Services, Inc.May 2016
Bengur Bryan advised Rowe Industries on its sale of its Silicone Tape business to Seal It Services, Inc., a subsidiary of the UK based Seal It Services Limited which is a subsidiary of Astral Poly Technik Ltd, India. The sale included Rowe’s Silicone ER Tape, first used by the US Military, an award-winning silicone repair tape for emergencies and all-purpose repairs. ER Tape creates an air-tight, waterproof seal in seconds. ER Tape has 950 psi tensile strength, insulates 8,000 volts per layer, and withstands temperatures up to 500° Fahrenheit.
Seal It Services purchased the ER Tape brand and associated production plant, as well as exclusive manufacturing rights. This transaction facilitates Seal It Services’ entry into the US market and provides it with a lucrative product line addition for its international markets.
Bengur Bryan advised and negotiated the terms of the transaction on behalf of Rowe Industries with Seal It Services and Astral Poly Technik. Bengur Bryan’s senior bankers were involved in all steps of the transaction from the initial meetings through closing. The work included site visits, due diligence, interacting with the purchaser’s accounting advisors, negotiating the purchase price, reviewing and finalizing terms of the purchase agreement with the buyer’s and seller’s legal teams.
About Rowe Industries
Rowe Industries is also the leader in the manufacture of high voltage silicone wire for the US market. Rowe designs, manufactures, and tests its own silicone rubber compounds in-house, allowing complete control over material quality.
About Seal It Services
In 2014, Seal It Services established a joint venture agreement with Astral Poly Technik Ltd – an Indian PLC and one of that country’s fastest growing manufacturers of pipes and piping systems. This partnership has enabled the company to further its aggressive plans for expansion on a truly global scale. For almost two decades, the company has been a manufacturer of high performance, high quality building chemicals such as sealants, adhesives, grouts, cleaners, expanding foams, fillers, decorating sundries and other similar products.
About Astral Poly Tecknik LTD
Astral Poly Technik Limited (BSE: 532830 | NSE: ASTRAL) was established in 1999 with a single-minded purpose to manufacture absolutely the best plumbing & drainage system in India. Astral today manufactures CPVC plumbing systems for both residential and industrial applications, and also ASTM solvent weld lead free PVC plumbing systems.
The Sandbox GroupPrivate Placement and Financial Advisory ServicesMar 2016
Bengur Bryan advised the Sandbox Group on a $40 million private placement for the purposes of refinancing existing debt facilities and to provide acquisition and growth capital. The financing was a combination of preferred equity and senior debt capital to support the Company’s needs.
The Sandbox Group is a full service marketing and advertising agency with operations across North America. The Sandbox Group was formed by four agencies with decades of proven results, coming together to create a new, single agency with one purpose: to focus squarely on their clients, work, people and the collaborative ethos that ties it all together. The agency offers strategic marketing, planning, and creative development, for all media and digital strategy solutions across various end markets
Alaris Royalty Corp. provided the preferred equity and The PrivateBank provided the senior debt to support the transaction and growth strategy of the company.