Peakstone Advises Pentegra System, LLC

February, 2020. Peakstone served as exclusive M&A advisor to Pentegra System, LLC.

Terms of the transaction were not disclosed.

For additional information please contact the following:

Jim Breen, Managing Director, 312-543-3881, jbreen@peakstone.com

Jeff Temple, Managing Director, 312-346-7301, jtemple@peakstone.com

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. The team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com.

Peakstone Advises CALco Pallets on its Sale to Strength Capital

January, 2020. Peakstone served as the exclusive financial advisor to CALco Pallet Company in connection with Strength Capital’s investment in the Company.

Founded in 2007, CALco is a vertically integrated, full-service wooden pallet manufacturer selling both new and recycled pallets to a diverse customer base throughout the Midwest. In addition to its state-of-the-art pallet manufacturing capabilities, CALco owns a captive hardwood sawmill where it produces lumber for internal use and outside sales and produces landscape mulching from scrap pallets.

“Peakstone did an exceptional job driving value for us and I can’t say enough good things about Andy Savarie” said Matt Calhoun, owner of CALco Pallets. “We’re excited to be partnering with Strength Capital on this next phase of CALco’s growth.”

Terms of the transaction were not disclosed.

For additional information please contact the following:

Andy Savarie, Managing Director, 312-560-5199, asavarie@peakstone.com

Jeff Temple, Managing Director, 312-346-7301, jtemple@peakstone.com

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. The team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com.

Timothy Masek joins Peakstone as Managing Director in Michigan

December, 2019. Timothy Masek has joined Peakstone as a Managing Director focusing on the manufacturing and industrial sector. Tim brings substantial depth to Peakstone’s Industrial banking practice, having both managed and acquired several manufacturing businesses. Tim is based in Grand Rapids and expands Peakstone’s presence in Michigan.

Prior to joining Peakstone, Tim founded CODI Ventures LLC, a private investment firm focused on acquiring under-performing manufacturing companies. Tim began his career with TMB Industries, a Chicago buyout firm, where Tim was a key member in mergers, acquisitions, and portfolio company management. Tim has been either President and or CEO of numerous manufacturing companies, including Transportation Technologies, Wright Plastics, Heckethorn Manufacturing, Fuel Systems, Bostrom Seating, and others. Tim has completed over 45 acquisitions during his time at TMB Industries and CODI Ventures.

Tim has a Bachelor of Administration from Dominican University.

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. The team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com.

Peakstone Publishes Industry Reports

December, 2019. Peakstone has published twelve industry reports, which can be accessed through the links below.  We deliver sector knowledge, experience, and relationships to every client.  We welcome a chance to open dialogue with companies in these sectors to exchange information and viewpoints.

Automotive

Consumer & Retail

E-Commerce

Food & Beverage

Industrials & Manufacturing

Infrastructure

IT Services

Packaging

Pet

Restaurant

Technology & Software

Transportation & Logistics

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com.

Update: Food and Beverage M&A Update – December, 2019

December, 2019

For 2019 YTD, strategic buyers accounted for 92% of Food and Beverage M&A transactions. During 2018, strategic buyers accounted for 91% of the transactions.

Select recent notable publicly announced M&A transactions:

– Pepsico announced plans to acquire Better For You Brands for an undisclosed amount.

– Anheuser-Busch announced plans to acquire Craft Brew Alliance for $289 million.

– Pernod Ricard acquires Castle Brands for $277 million.

– The Hershey Company acquires ONE Brands for $401 million.

– Atkins acquires Quest Nutrition for $1 billion.

Update: IT Services M&A Update – December, 2019

December, 2019

In 2019 YTD, strategic buyers accounted for 90% of IT Services M&A activity; during 2018, strategic buyers accounted for approximately 90% of the transactions.

Select recent notable publicly announced M&A transactions:

– Open Text Corporation acquires Carbonite for $850 million.

– RealPage acquires Buildium for an undisclosed amount.

– Workday acquires Scout RFP for $540 million.

– Proofpoint acquires ObserveIT for $230 million.

– PTC acquires Onshape for $470 million.

– MJ23 UK Acquisition acquires Cision for $1.5 billion.

– Roku acquires dataxu for $150 million.

– Cerner Corporation acquires AbleVets for $75 million.

– Apex Systems acquires Intersys Consulting for $67 million.

Update: Packaging M&A Update – December, 2019

December, 2019

For 2019 YTD, strategic buyers accounted for 90% of the Packaging M&A transactions while financial buyers made up the difference. During 2018, strategic buyers accounted for approximately 84% of the transactions.

Select recent notable publicly announced M&A transactions:

– Cerberus Capital Management acquires Closure Systems International for $615 million.

– Graanul Invest acquires German Pellets for $63 million.

– One Madison Corporation acquires Ranpak Corp. for $959 million.

– Aptar acquires CSP Technologies for $548 million.

– Amcor acquires Bemis for $6.8 billion.

Update: Restaurant Industry Insight Spotlight on Fast Casual M&A Update – December, 2019

December, 2019

For 2019 YTD, strategic buyers accounted for 84% of Restaurant M&A transactions. During 2018, strategic buyers accounted for 82% of the transactions.

Select recent notable publicly announced M&A transactions:

– ICV Partners acquired Diversified Restaurant Holdings for $181 million.

– Spice Private Equity acquired Bravo Brio Restaurant Group for approximately $100 million.

– Inspire Brands acquired Sonic for approximately $2.3 billion.

– L Catterton acquired Del Frisco’s for approximately $841 million.

– The Cheesecake Factory acquired Fox Restaurant Concepts for $223 million.

– Durational Capital Partners and The Jordan Company acquired Bojangle’s for approximately $770 million.

Update: Industrials and Manufacturing M&A Update – December, 2019

December, 2019

In 2019 YTD, strategic buyers accounted for 89% of Industrials and Manufacturing M&A transactions while financial buyers making up the difference. During 2018, strategic buyers accounted for approximately 88% of the transactions.

Select recent notable publicly announced M&A transactions:

– Americold Realty Trust acquired Chiller Holdco for approximately $1.2 billion.

– Waste Management acquired Advanced Disposal Services for approximately $4.9 billion.

– Hitachi acquired JR Automation Technologies for approximately $1.4 billion.

– Advanced Drainage Systems acquired Infiltrator Water Technologies for approximately $1 billion.

– Hudson Products Corporation acquired Air-X-Changers for approximately $592 million.

– Harsco acquired The Compass Group for approximately $628 billion.

Update: E-Commerce M&A Update – December, 2019

December, 2019

Through 2019 YTD, strategic buyers accounted for 84% of the E-Commerce M&A transactions while financial buyers making up the difference. During 2018, strategic buyers accounted for approximately 88% of the transactions.

Select recent notable publicly announced M&A transactions:

– Apollo acquired Shutterfly for approximately $2.9 billion.

– Quarate Retail Group acquired HSN for approximately $1.8 billion.

– Nutrisystem acquired Tivity Health for approximately $1.4 billion.

– Etsy acquired Reverb for approximately $275 million.

– World Group acquired Original Stitch for approximately $22 billion.

– Snapfish acquired Cafe Press for approximately $26 million.