Waco Scaffolding has sold to Safway Services, LLC

Safway Services, LLC, an Odyssey Investment Partners, LLC portfolio company, has acquired the assets of Waco International Corporation through a 363 bankruptcy process.

EdgePoint Capital acted as Waco International Corporation’s Debtor in Possession advisor in the sale process. EdgePoint identified and contacted buyers and conducted the auction.

Founded in 1945, Waco manufactures, rents, sells, and erects scaffolding and shoring equipment. Waco is a premier brand in scaffolding and shoring equipment, and the Company markets its products directly and through a national network of distributors. The company is based in Cleveland, Ohio.

Safway Services, LLC is a leading provider of scaffolding and access solutions in North America. The Company provides a full range of scaffolding equipment, access solutions, and associated labor and engineering services. The Company was founded in 1936, and is headquartered in Waukesha, Wisconsin.

Odyssey Investment Partners LLC is a private equity firm managing over $2.0 billion in capital that specializes in leveraged acquisitions in middle-market companies. Odyssey is based in New York, New York.

EdgePoint is a leading investment banking firm focused on providing lower and middle market business owners with merger and acquisition advisory services.

Edge Entertainment Distribution has sold to Alliance Entertainment

Alliance Entertainment, LLC (“AEC”) has acquired SJ Distribution, LLC, doing business as EDGE Entertainment Distribution (“EDGE”). Terms of the transaction were not disclosed. EdgePoint Capital initiated the transaction, led the negotiations and acted as exclusive financial advisor to EDGE. EdgePoint, a member of FINRA and SIPC, is a leading investment banking firm focused on advising middle market businesses on merger and acquisition transactions.

EDGE Entertainment Distribution, founded as Arrow Distributing Company in 1975, is a leading wholesaler and internet-based retail distributor of music, movies and related pre-recorded products serving independent music retailers, public libraries and college book stores.

Alliance Entertainment, LLC, distributes CDs, DVDs, videos, video games, and related merchandise to music and video retailers, as well as variety, e-commerce, internet, and independent retailers in the United States. The company was founded in 1990 and is headquartered in Coral Springs, Florida.

Our clients say…

Harry Singer

Former CEO

EDGE Entertainment Distribution

“I have worked with EdgePoint on both “buy-side” and “sell-side” engagements. In both instances, I found them to be strategic thinkers, as well as an excellent negotiators. In the instance of the sell-side transaction, though I am not inexperienced in negotiating transactions, there can be no doubt that their prior experience with large private equity buyers got the deal closed on terms and conditions within the valuation range EdgePoint had calculated. I am not sure we would have been able to close without their guidance and expertise.”

Sentry Protection Products, Inc. has sold to Members of…

Members of management have acquired Sentry Protection Products, Inc. Terms of the transaction were not disclosed. EdgePoint Capital facilitated the management buyout, arranged financing, led the negotiations, and served as the exclusive financial advisor to Sentry Protection Products, Inc.

Sentry Protection Products, Inc. was formed in 1998 to specifically market innovative impact-resistant equipment for industrial applications. The Company has since expanded its products and applications to manufacturing facilities, industrial warehouses and wholesalers, parking garages and shipping docks.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.

Champion ONE has sold to Copeley Capital

Copeley Capital, a private investment firm located in Charlotte, NC, has acquired majority ownership of Champion ONE, a privately held business located in Beachwood, Ohio. EdgePoint Capital Advisors initiated the transaction, led the negotiations and acted as exclusive financial advisor to Champion ONE.

Champion ONE is a leading provider of niche proprietary branded fiber optic components to the carrier, enterprise, education and reseller markets.

Copeley Capital is a private investment firm based in Charlotte, NC, that manages a dedicated fund of capital and focuses on acquisitions of privately owned, high quality businesses. A Principal of Copeley Capital, said “we are extremely pleased to partner with the team at Champion ONE”.

EdgePoint Capital Advisors is a leading investment banking firm serving smaller middle market companies. EdgePoint specializes in providing sell-side advisory, buy-side advisory and refinancing assistance to closely held companies with revenues typically between $10 million and $100 million. Charles Weinberger said “EdgePoint was recommended to me by a friend, and it was the right choice. They were fully engaged, advising us from start to finish.” EdgePoint’s principals have completed deals with an aggregate value in excess of $1 billion and are active in a variety of industries including manufacturing, distribution, service and technology. EdgePoint is headquartered in Beachwood, Ohio.www.staging-edgepoint.kinsta.cloud

D&E Machining Inc. has been acquired by A Private…

An undisclosed private equity group has acquired D&E Machining Inc. The terms of the transaction were not disclosed. EdgePoint Capital led the negotiations and served as exclusive financial advisor to D&E Machining Inc.

D&E Machining Inc. is a dedicated outsourced provider of soft-turned and finished metal products for several leading corporations primarily in the aerospace, government, and bearing industries. Since its inception in 1993, the Company shifted away from the standard job-shop contract business model and evolved to become a primary and dedicated source of application specific engineered parts.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.

Evolution Capital Partners Invests in The American Eagle Mortgage…

Evolution Capital Partners (“Evolution”), a Cleveland, Ohio-based private equity firm has made an equity investment in The American Eagle Mortgage Corp (“AEM”). Terms of the transaction were not disclosed.

EdgePoint Capital (www.staging-edgepoint.kinsta.cloud) initiated the transaction, led the negotiations and acted as exclusive financial advisor to The American Eagle Mortgage Corp. EdgePoint, a member of FINRA and SIPC, is a leading investment banking firm focused on advising middle market businesses on merger and acquisition transactions.

American Eagle Mortgage (www.aemc.cc), founded in 2000, is a leading mortgage lender in Ohio, Kentucky and Florida. AEM specializes in providing FHA and VA lending solutions for new home buyers. AEM has offices in Ohio, Kentucky and Florida. John Schrenkel, President of AEM, said “EdgePoint did an outstanding job understanding the needs of the shareholders as well as those of the business. Their diligence, expertise and access were crucial to the successful completion of this transaction. The partnership with Evolution was the ideal fit for us and will be a great catalyst in accelerating our growth plans.”

Evolution Capital Partners (www.evolutioncp.com) is a committed private equity fund that partners with management to sponsor buyouts of closely-held businesses. Evolution is located in Cleveland, Ohio.

Remember Me Yearbooks has sold to District Photo, Inc.

Remember Me (a division of Kreber Graphics, Inc.) has been acquired by District Photo, Inc. The terms of the transaction were not disclosed. EdgePoint Capital initiated the transaction, led the negotiations, and served as exclusive financial advisor to Kreber Graphics, Inc.

Remember Me is a niche publisher of high-quality digital and full-color school yearbooks to the kindergarten through 8th grade age bracket in schools throughout the United States and portions of Canada. The Company provides project management support throughout the creation process and upon completion of the book, prints, binds, packages and ships the yearbooks to each school.

District Photo is the largest direct-to-consumer photo fulfillment operation in the world. District Photo is headquartered in Beltsville, Maryland.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.

Alloy Bellows has completed a Management Buyout

Alloy Bellows & Precision Welding, Inc. of Cleveland, Ohio has completed a management buyout of the majority partners, in which its President, Michael Canty, acquired 100% ownership of the company.

Alloy Bellows, founded in 1935, supplies customers around the world with metal bellows, bellows assemblies, thin-wall seam-welded tubing, welding, soldering, brazing and non-destructive testing services. Dedication to providing first-rate products and services on-time and on-budget has enabled the company to become a leading supplier to both large and small customers.

Michael Canty joined Alloy Bellows in 2006 as President and a significant minority owner. “This latest transition in ownership sets the stage for the next phase of growth, and creates opportunity for our excellent team of managers and key employees”, said Canty.

EdgePoint Capital Advisors of Beachwood, Ohio, served as financial advisor to Michael Canty throughout the process, and arranged the financing. “EdgePoint was excellent to work with – they valued the business, tailored a financial structure that minimized my equity needs, obtained the financing and quarterbacked the process. I obtained better value with less risk”, said Canty. EdgePoint, a member of FINRA and SIPC, is a leading investment banking firm that advises owners of middle market businesses on mergers, acquisitions and other strategic transactions.

Superior Products Acquires Macro Technologies

Superior Products, Inc. of Cleveland, Ohio has acquired Macro Technologies, Inc. of Kirkland, Washington. Terms of the transaction were not disclosed.

Macro Technologies, founded in 1974, manufactures proprietary quick connects, relief valves, stainless hoses, and shutoff valves for compressed and cryogenic gases used in home medical, transportation, and industrial markets. Their products operate in extremes of temperatures, pressures, and accuracy, and are also used in the emerging LNG and CNG markets including alternative fueling.

Privately owned Superior Products, Inc., founded in 1946, designs and manufactures a complete line of compressed gas fittings, assemblies, and gas management systems for customers in the welding, medical, beverage, and specialty gas industries throughout the Americas, Asia, and Europe. CEO Don Mottinger noted that with the acquisition of Macro, 70% of Superior Products’ revenue now comes from selling into the medical market, and strong synergies result from the two companies’ complementary strengths.

EdgePoint Capital Advisors of Beachwood, Ohio, served as acquisition advisor to Superior Products throughout this transaction and arranged the acquisition financing. “EdgePoint did an excellent job for us throughout the process, designing a creative financial structure and obtaining the financing, as well as advising us on each step as the transaction moved along. I wouldn’t want to have done it without them”, said Mottinger. EdgePoint, a member of FINRA and SIPC, is a leading investment banking firm that advises owners of middle market businesses on merger and acquisition transactions.

The transaction provided liquidity to Superior’s owners

Our clients say

Don Mottinger

Former CEO

Superior Products, LLC

“We’ve worked with EdgePoint since 2008, when they helped us acquire Macro Technologies of Kirkland, Washington by creatively structuring and sourcing multi-layer financing. Macro made our company much larger and more valuable, and EdgePoint continued to help us prepare for an eventual sale. When we began the sale process, they were hands-on with every key aspect of the deal, including finding motivated buyers and getting things back on track several times. They used buyer competition to negotiate a higher price and better terms. It was great to have EdgePoint on our team.”

Crestwood Management has acquired Corporate Collection Services & Call…

Crestwood Management has acquired Corporate Collections Services, Inc. and Call Center Resources, Inc. Terms of the transaction were not disclosed.

EdgePoint Capital initiated the transaction, led the negotiations, and served as exclusive financial advisor to Corporate Collection Services, Inc. and Call Center Resources, Inc. EdgePoint is a leading investment banking firm focused on providing lower and middle market business owners with merger and acquisition advisory services.

Founded in 1974, Corporate Collection Services and Call Center Resources, based in Beachwood, Ohio, provides third-party accounts receivable collections and accounts receivable management solutions. The company also provides corporations with the outsourcing of custom call center services including first-party inbound and outbound telesales, customer acquisition, order processing, help-desk servicing, satisfaction surveying, and other customer support services.

Crestwood Management is a consumer finance company focused in providing under-banked and credit-challenged individuals with financial services including cashless check cashing, multifunctional debt cards, and consumer-friendly installment loans. The Company operates 123 stores in nine states and the District of Columbia.