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.
J.J. Haines & Co., Inc.Glen Burnie, MD Buy-Side Advisory Services in the Acquisition of CMH Space Flooring Products, Inc.Feb 2014
Bengur Bryan acted as financial advisor to the Board of Directors of Haines in its strategic acquisition of CMH Space Flooring Products, Inc. (“CMH”). Haines is the largest floor covering distribution company in the country, providing commercial and residential flooring products and installation, maintenance and adhesives products. Haines’ operations cover the Mid-Atlantic and Southeast U.S. CMH represents a complementary opportunity for Haines as a distributor of flooring products throughout the southeastern U.S.
CSS Antenna, Inc.Edgewood, MD Sell-Side Advisory Services in the Sale to JMA WirelessNov 2013
Bengur Bryan acted as financial advisor to CSS Antenna, Inc. in the sale to JMA Wireless. JMA wireless is a family-owned, private corporation, headquartered in Syracuse, NY with additional offices in Germany, Italy, India and China. JMA is focused exclusively on wireless technology solutions. CSS, based in Edgewood, MD, specializes in the production and design of wireless antennas and filters. CSS will join the JMA family of products as a subsidiary.
Sequel Youth and Family Services, LLCRound Hill, VA Private Placement: $127.5 million of Preferred Equity and Senior NotesJul 2013
Sequel Youth and Family Services, LLC develops and operates programs for at-risk and delinquent youths through residential facilities and community-based programs located in Iowa, Wyoming, Arizona, Michigan, Florida, Idaho, North Carolina, and Alabama.