Mergers & Acquisitions

BB&T Capital Markets’ powerful combination of industry expertise, market intelligence, flawless transaction execution and teamwork comes together most effectively when it is most important for our clients—the day you decide to sell your company.

Our teams of investment bankers, each with distinct industry specialties, start with an in-depth knowledge of your business and industry, including the major players, trends and value drivers of each sector.  Add to that our Financial Sponsors Group, providing market intelligence and access to the middle-market private equity community, and you have the recipe for a custom-designed process that will position your company to maximize value with potential buyers and investors and push a deal to completion with an effectiveness that is second to none.

Since 2006, BB&T Capital Markets bankers have successfully closed more than 200 deals for our clients, ranking us among the top 10 most active in the middle-market—and certainly among the most effective.

 

Our best-in-class M&A transaction execution and industry expertise results in extraordinary outcomes for our clients

  • Thibaut, Inc.

    On June 20, 2014, Thibaut, Inc. (“Thibaut” or “the Company”), a portfolio company of The Riverside Company (“Riverside”) was acquired by an investor group led by Champlain Capital Partners II, LP (“Champlain”), and included the Honeywell pension and THL Credit, Inc. BB&T Capital Markets served as the exclusive financial advisor to Thibaut.

    Read More
  • Johnstown Wire Technologies, Inc.

    On May 9, 2014, Johnstown Wire Technologies, Inc. (“JWT” or “the Company”), a portfolio company of Ridgemont Equity Partners (“Ridgemont”), was acquired by Aterian Investment Partners (“Aterian”). BB&T Capital Markets served as the exclusive financial advisor to JWT.

    Read More
  • OrthoLite

    On April 17, 2014, Blue Point Capital Partners and company management announced the recapitalization of OrthoLite, the leading supplier of comfort insoles and related shoe components to more than 130 of the world’s most prominent branded footwear companies. Terms of the agreement were not disclosed. BB&T Capital Markets served as the exclusive financial advisor to OrthoLite in the transaction.The recapitalization of OrthoLite represents BB&T Capital Markets’ fifth branded consumer products transaction in the last 12 months. “Glenn Barrett, chairman and CEO; Pam Gelsomini, president; John Barrett, Asia general manager; and their global leadership team have done an exceptional job developing a world-class brand through ongoing product innovation and unparalleled customer service,” said Rex Green, managing director and head of BB&T Capital Markets’ Retail and Consumer group. “OrthoLite’s track record of growth is a testament to the company’s extraordinary value proposition to many of the world’s leading footwear brands.” “We are very proud to have worked with the OrthoLite team on this transaction,” added Joe Sparacino, a vice president in BB&T Capital Markets’ Boston office. “We are excited to see the company begin its next phase of growth in partnership with Blue Point.

    Read More
  • LSO

    On April 8, 2014, LSO (“the Company”), a portfolio company of Fort Point Capital, MRL Capital, New Canaan Funding, and Pilgrim Capital, was acquired by Eagle Merchant Partners (“EMP”). BB&T Capital Markets served as the exclusive financial advisor to LSO.

    Read More
  • UTX Technologies Limited

    On March 31, 2014, UTX Technologies Limited ("UTX" or “the Company”), was acquired by Verint Systems Inc. ("Verint"). The purchase price consisted of $82.9 million of cash paid at closing, subject to adjustment, with potential additional future cash payments of up to $1.5 million, contingent upon the achievement of certain performance targets over the period from closing through June 30, 2014.  BB&T Capital Markets | Windsor Group served as the exclusive financial advisor to U-TX in the transaction.

    Read More
  • Pfingsten Partners

    On March 4, 2014, CURT, a leading manufacturer and distributor of branded aftermarket towing and cargo management solutions, was acquired by Audax Group, a Boston-based private equity firm. Terms of the agreement were not disclosed. BB&T Capital Markets served as the exclusive financial advisor to CURT, a portfolio company of Chicago-based Pfingsten Partners, in the transaction. “Pfingsten has been a solid partner to me and my executive team, and we accomplished a great amount in a relatively short period of time,” said CURT CEO Greg Hooks. “That said, my team and I are very excited to join the Audax family as we continue to execute upon our organic and inorganic growth initiatives." Jonathan Carey, head of BB&T Capital Markets' Automotive Aftermarket Group, added, "CURT is a true leader in its space with unmatched management talent and capabilities. It was a great outcome for Pfingsten and their partners at CURT. We are also excited to see CURT embark on its next phase of growth and are confident that Audax and the team at CURT will be an enormously successful partnership.”

    Read More
  • Kinsey Technical Services, Inc.

    On December 13, 2013, Kinsey Technical Services, Inc. (KTSi), a portfolio company of Blue Delta Capital Partners, was acquired by the Scitor Corporation, a portfolio company of Leonard Green & Partners. BB&T Capital Markets | Windsor Group served as the exclusive financial advisor to KTSi. Financial terms of the transaction were not disclosed.

    Read More
  • Caliber Collision Centers

    On November 20, 2013, Caliber Collision Centers (“Caliber”), a leading operator of collision repair centers throughout the U.S. and an operating company of Toronto, Canada-based private equity firm ONCAP, was acquired by OMERS Private Equity. Terms of the agreement were not disclosed. BB&T Capital Markets served as financial advisor to Caliber and ONCAP in the transaction. The sale of Caliber represents BB&T Capital Markets' fifth sale of a major collision repair chain in the last five years.

    Read More
  • Hubbardton Forge, LLC

    Hubbardton Forge, LLC (“Hubbardton” or “the Company”), a portfolio company of Lineage Capital, LLC (“Lineage”), has been acquired by Bunker Hill Capital (“Bunker Hill”). BB&T Capital Markets served as the exclusive financial advisor to Hubbardton and Lineage.

    Read More
  • AST Bearings LLC

    On October 25, 2013, AST Bearings LLC (“AST” or “the Company”), a portfolio company of Tonka Bay Equity Partners LLC (“Tonka Bay”), was acquired by Motion Industries, Inc. (“Motion”), a wholly owned subsidiary of Genuine Parts Company (NYSE: GPC). BB&T Capital Markets served as the exclusive financial advisor to AST.

    Read More
  • SMB Machinery Systems

    On October 18, 2013, SMB Machinery Systems ("SMB" or "the Company"), was recapitalized by High Road Capital Partners ("High Road"). BB&T Capital Markets served as the exclusive financial advisor to SMB.

    Read More
  • Holley Performance Products

    On October 24, 2013, Holley Performance Products, an aftermarket marketer and supplier of high-performance auto parts, and a portfolio company of New York-based Monomoy Capital Partners, was acquired by Lincolnshire Management, a New York-based private equity firm. Terms of the agreement were not disclosed. BB&T Capital Markets served as the exclusive financial advisor to Holley and Monomoy Capital Partners in the transaction.

    Read More
  • SCT Holdings

    On September 20, 2013, SCT Holdings ("SCT") was acquired by an affiliate of Global Environment Fund. Terms of the agreement were not disclosed. BB&T Capital Markets served as the exclusive financial advisor to SCT and Tillery Capital, SCT's controlling shareholder. SCT is a leading supplier of engine and transmission calibration products for the performance automotive aftermarket and light-duty fleets. SCT's branded products are embraced by automotive enthusiasts seeking to increase a vehicle's performance, and more recently, fleet operators who recognize tremendous fuel savings by using SCT's fleet products. www.sctflash.com

    Read More
  • C&F Financial Corporation

    C&F Financial Corporation ("C&F") (NASDAQ: CFFI), the one-bank holding company for Citizens and Farmers Bank ("C&F Bank"), announced that it has completed its acquisition of Central Virginia Bankshares, Inc. ("CVB"), the one-bank holding company for Central Virginia Bank, effective October 1, 2013. CVB shareholders will receive $0.32 for each share of CVB common stock they owned, or approximately $853,000 in the aggregate. In addition, C&F purchased from the U.S. Treasury for $3.35 million all of CVB's preferred stock and warrants issued to the U.S. Treasury under the Capital Purchase Program. CVB's stock symbol, "CVBK," was retired effective October 1, 2013. The combined company's total assets approximate $1.37 billion and total deposits will approximate $1.0 billion. This ranks the combined company sixth in terms of deposit market share among all banks in the Richmond Metropolitan Area, and offers retail banking services to its customers through a network of 25 branches. BB&T Capital Markets served as exclusive financial advsior to C&F Financial Corporation.

    Read More

Developments in the M&A market and private equity

Bruce KelleherManaging DirectorHead of Financial Sponsors GroupPlay The Video
BB&T investment bankers were honored by The M&A Advisor to win the 2012 Cross-Border Deal of the Year for the Sale of Marshall Miller & Associates to Cardno Limited. "BB&T Capital Markets represents the best of the M&A industry in 2012 and earned these honors by standing out in a group of very impressive finalists," said Roger Aquinaldo, CEO and Founder of The M&A Advisor.
Jake SavageSenior Managing DirectorCo-Head Equity Investment Banking804-780-3230email Download My vCardView Bio
William L. TysonSenior Managing DirectorCo-Head of Equity Investment Banking804-782-8774email Download My vCardView Bio