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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Peakstone Welcomes Michael Feldman as Managing Director
January 2014. Michael J. Feldman joins The Peakstone Group with over 30 years of experience advising entrepreneurs, senior management and boards on mergers, acquisitions and capital raising transactions. Michael has completed transactions with companies in a broad range of industries including technology, printed electronics, consumer electronics & products, retail, automotive, aerospace, defense, energy and clean tech. Michael is an experienced entrepreneur, …
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Closed Deal Announcement – Peakstone Advises Alliance Time Holdings and Ashford.com on Transaction
December 2013. The Peakstone Group (“Peakstone”) announced that it has served as exclusive financial advisor to Alliance Time Holdings (“Alliance”) and Ashford.com on an approximately $70 million shareholder recapitalization transaction. Alliance Time is the leading wholesaler and Ashford.com is the leading online retailer of luxury watches and specialty jewelry, distributing thousands of products from over a hundred suppliers in over …
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Closed Deal Announcement – Peakstone Advises Kickapoo Valley Cheese on Sale to Biery Cheese
November 2013. Kickapoo Valley Cheese Corporation (“Kickapoo”) has completed the sale of the company to Biery Cheese Company of Louisville, Ohio. Kickapoo, based in Sherry, Wisconsin, is a cheese packaging company that provides a variety of specialty slicing and packaging services. Kickapoo’s services include slicing and packaging cheese in shingles and stacks, party trays, cubes, chunks and wedges. Kickapoo works …
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