Closed Deal Announcement – Peakstone Serves as Exclusive Financial Advisor to Ashford.com on Recapitalization Transaction with Prudential Capital Partners
December 2014. Peakstone serves as exclusive financial advisor to Ashford.com on recapitalization transaction with Prudential Capital Partners. Ashford.com is the leading global online retailer of fine watches and specialty jewelry, and sells thousands of products from over 70 brands in over 100 countries annually. “Peakstone has been an important trusted advisor as we execute on our global strategy. Peakstone delivered …
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Closed Deal Announcement – Peakstone Advises The Oak Group on Strategic Alliance with Total Warranty Services, Inc.
October 2014. The Oak Group has entered into a strategic alliance partnership with Total Warranty Services, Inc. (“TWS”) of West Palm Beach Florida. Founded in 1975, The Oak Group (including its related affiliates) is a leading master general agency and third-party administrator of vehicle service contracts (“VSCs”) and related ancillary products sold through automotive dealerships nationwide. Oak’s managing principals, Steve …
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Peakstone Selected as a Finalist for the 13th Annual M&A Advisor Awards
September 2014. Peakstone is pleased to announce that it has been selected as a finalist for Corporate/Strategic Acquisition of the Year for the 13th Annual M&A Advisor Awards. “Since the inception of the M&A Advisor Awards in 2002, we have been recognizing the leading dealmakers, firms and transactions. And each year we celebrate the creativity, perseverance and ingenuity of our …
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Closed Deal Announcement – Peakstone Advises Food Evolution on Sale Transaction
September 2014. Food Evolution has been sold to Akoya Capital Partners LLC in partnership with Balance Point Capital Partners, Plexus Capital, LLC and current management. Food Evolution, based in Chicago, IL, is a leading producer of upscale convenience foodservice products and fresh outsourced commissary solutions. The Company develops and produces a full range of upscale “grab-and-go” sandwiches, wraps, salads, and …
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Closed Deal Announcement – Peakstone Advises The Allstate Companies on Sale to Distribution International, Inc.
August 2014. Allstate Insulation Corporation, Allstate Insulation, LLC, State Insulation Corporation, and State Laminating Corporation, have completed the sale of its businesses to Distribution International, Inc., a portfolio company of Audax Private Equity. Headquartered in Perth Amboy, NJ with additional locations in New York and Pennsylvania, the Allstate Companies are stocking distributors of mechanical insulation and HVAC products serving customers …
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Closed Deal Announcement – Peakstone Advises Duro Bag Manufacturing Company on Sale to Hilex Poly
July 2014. Duro Bag Manufacturing Company has been sold to Hilex Poly, a portfolio company of Wind Point Partners. Duro, based in Florence, KY, is a leading manufacturer and marketer of paper bags for foodservice, grocery, wholesale-distribution and other markets. Duro produces grocery bags, handle bags, compostable paper lawn and leaf bags, and various specialty bags, including lunch bags, pharmacy bags, …
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Closed Deal Announcement – Peakstone Advises artizone on Strategic Partnership with Peapod
June 2014. The Peakstone Group (“Peakstone”) announced that it has served as exclusive financial advisor to artizone, Ltd. on its strategic partnership with Peapod. artizone, founded in 2009, is an innovative e-commerce marketplace and online community that enables consumers to shop over 75 local artisans and consolidate delivery into one order. The partnership with Peapod allows shoppers to combine the …
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Closed Deal Announcement – Peakstone Advises Digi Data on M&A Transaction
May 2014. Digi-Data Corporation (“Digi-Data”) has completed the sale of the business to Synchronoss Technologies, Inc. Digi-Data, based in Broomfield, Colorado, is a leading provider of cloud-based data synchronization, data back-up and data sharing solutions to individual and small business end users. Digi-Data supports hundreds of thousands of customers of several major telecom and cable service providers as a private-label …
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Closed Deal Announcement – Peakstone Advises Pure Pulp on Strategic Investment
March 2014. The Peakstone Group is pleased to announce that Fabri-Kal has made a strategic investment in Pure Pulp. The Peakstone Group acted as exclusive financial advisor to Pure Pulp on this transaction. About Pure Pulp Pure Pulp Products, Inc. (www.purepulpproducts.com) is a manufacturer of biodegradable, molded fiber and thermoforming products, using soy, wheat and annually renewable materials. Their materials …
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The Peakstone Group Expands to Michigan with New Managing Director
January 2014. Richard “Dick” Goff is a Managing Director of the Peakstone Group, where he is responsible for transaction origination and execution. He will be working to expand Peakstone’s services to its clients in Michigan. He is also the Managing Principal of R. M. Goff & Company LLC, an investment firm that acquires and builds companies in the lower middle …
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