Michael Taylor joins Peakstone as Managing Director

September, 2019. Michael Taylor has joined Peakstone as a Managing Director focusing on the Consumer and Retail sectors. Michael brings substantial depth to Peakstone’s Consumer and Retail practice, having completed over 100 transactions totaling over $28 billion in value for leading consumer and retail clients globally.

Prior to joining Peakstone, Michael was with KeyBanc Capital Markets’ Consumer and Retail Group, where he ran the Hardgoods Consumer Products and Hardlines Retail Investment Banking practice. Michael began his investment banking career with Bank of America’s Global Corporate and Investment Banking business. Michael spent 14 years with Bank of America, including as a founding member of the firm’s Consumer and Retail Corporate and Investment Banking Group, eventually working as a Managing Director responsible for origination and execution of transactions in the Consumer Products sector. Michael later joined BMO Capital Markets in the Consumer and Retail Investment Banking Group where he was a Managing Director responsible for the Consumer Products sector.

Michael has an MBA from the Marshall School of Business at the University of Southern California and a Bachelor of Science from the University of Colorado.

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 Serves as M&A Advisor to Countryside Tank Company on Sale to TerraVest Industries

September, 2019. Peakstone served as the exclusive M&A advisor to Iowa Steel Fabrication LLC, (doing business as Countryside Tank Company) and Majona Steel Corporation (collectively, “Countryside Tank”) in connection with its sale to TerraVest Industries Inc.

Founded in 1973, Countryside Tank is a privately-owned, Iowa-based company primarily focused on manufacturing transportation equipment for the propane and anhydrous ammonia markets as well as structural steel projects.

“Countryside Tank is a leading manufacturer of propane and anhydrous ammonia trailers for the U.S. market, the addition of the company enhances TerraVest’s propane and NH3 trailer offering in the U.S. as well as the scope of services offered in the Midwest. Countryside Tank will play a part in TerraVest’s overall effort to maximize product and service capabilities to customers across North America,” said Dustin Haw, Chief Executive Officer of TerraVest Industries.

Joe Greving, Iowa Steel’s Executive Chairman, noted, “We’re excited to become a part of the TerraVest family and accelerate our efforts to meet the evolving needs of our customers. It expands our growth strategy in North America and supports our commitment to outstanding customer service. Peakstone was an invaluable partner throughout the sale process and helped us achieve a great outcome for Countryside Tank.”

Press Release: Click Here

Terms of the transaction were not disclosed.

For additional information please contact:

Christian Colucci, Managing Director, (312) 346-7349, christian@peakstone.com

Eric Dziedzic, Managing Director, (312) 346-7314, eric@peakstone.com

Mark Horita, Managing Director, (312) 346-7308, mhorita@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 on Growth Capital Transaction for Event Management Consumer Services Business

September, 2019. Peakstone served as financial advisor to 828 Venue Management Company in connection with its institutional investor growth capital raise.

Founded in 2014, 828 is leading the wedding and event venue industry with unique urban locations that are perfect for the modern couple. The Company provides unmatched service for its customers including a 24-hour venue rental, the flexibility to bring in any vendor of choice and creative freedom to personalize the event. This transparency has enabled 828 to modernize the wedding industry and provide a creative marketplace for its clients to design and execute the event of their dreams. The Company currently operates eight locations in six cities across the United States.

Terms of the transaction were not disclosed.

For additional information please contact:

Michael Dockendorf, Managing Director, 312-346-7351, mdockendorf@peakstone.com

Cathy Jaros, Managing Director, 312-262-7735, cjaros@peakstone.com

Nicholas Patrick, Managing Director, 312-346-7335, npatrick@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 Closed Deal Announcement: Peakstone Advises Collision Repair Business on Growth Capital Transaction

August, 2019. Peakstone served as exclusive financial and M&A advisor to Crash Champions, LLC in connection with its growth capital raise. Founded in 1999, Crash Champions is a growing multi-location collision repair operator with a strong market position in the Midwest. Crash Champions has acquired several shops with strong operations, management and locations in the fragmented collision repair industry and enhanced referral sourcing and profitability. With fresh capital, Crash Champions is well positioned to accelerate its disciplined acquisition strategy.

“I am really proud of our Company’s growth and development and very excited about our future. With excellent capital partners that share our vision for expansion of the business., we can now execute our growth strategy even more quickly,” said Matt Ebert, CEO and founder.

Matt also said, “The Peakstone team was awesome. They understood our value proposition, presented numerous capital options and worked tirelessly to help us figure it all out. I couldn’t have done it without them.”

Terms of the transaction were not disclosed.

For additional information please contact:

Christian Colucci, Managing Director, 312-346-7349, christian@peakstone.com

Alex Fridman, Managing Director, 312-346-7303, afridman@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.


Update: Infrastructure M&A Update – August, 2019

August, 2019

Select recent notable publicly announced M&A transactions:

– Aurora Capital Partners acquired Petroleum Services Corporation for $335 million.

– Brookhaven Capital Partners acquired Pioneer Railcorp for $72 million.

– IFM Investors acquired Buckeye Partners for $10.5 billion.

– DP World acquired Fraser Surrey Docks. Terms were not disclosed.

– MPLX acquired Andeavor Logistics for $3.3 billion.

– Macquarie acquired Long Beach Container Terminal for $1.8 billion.

– J.P. Morgan Asset Management acquired a stake in Nieuport Aviation Infrastructure Partners GP, the owner and operator of the passenger terminal at Billy Bishop Toronto City Airport. Terms were not disclosed.

– Blackstone acquired Tallgrass Energy for $3.2 billion.


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

August, 2019

For 2019 YTD, strategic buyers accounted for 79% of Restaurant M&A transactions. During 2018, strategic buyers accounted for 82% of the transactions.

Select recent notable publicly announced M&A transactions:

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

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

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

– Inspire Brands acquired Sonic for approximately $2.3 billion.

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


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

August, 2019

In 2019 YTD, strategic buyers accounted for 91% 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:

– Advanced Drainage Systems acquired Infiltrator Water Technologies for approximately $1.1 billion.

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

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

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

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


Update: Technology and Software M&A Update – August, 2019

August, 2019

For 2019 YTD, strategic buyers accounted for 97% of Technology M&A transactions. During 2018, strategic buyers accounted for 92% of the transactions.

Select recent notable publicly announced M&A transactions:

– Salesforce acquired Tableu for $17.3 billion.

– Global Payments acquired TSYS for approximately $26.7 billion.

– FIS acquired WorldPay for $43.6 billion.

– Fiserv acquired First Data for approximately $41.7 billion.

– IBM acquired Redhat for approximately $35.6 billion.


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

August, 2019

Through 2019 YTD, strategic buyers accounted for 92% 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:

– Etsy acquired Reverb for approximately $275 million.

– Hangzhou Lianluo Interactive acquired Newegg for approximately $180 million.

– Nutrisystem acquired Tivity Health for approximately $1.4 billion.

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

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

– Snapfish acquired Cafe Press for approximately $26 million.


Update: Consumer and Retail M&A Update – August, 2019

August, 2019

For 2019 YTD, strategic buyers accounted for 65% of Consumer and Retail M&A transactions. During 2018, strategic buyers accounted for 69% of the transactions.

Select recent notable publicly announced M&A transactions:

– Perrigo Company entered an agreement to acquire Ranir for $750 million.

– Tivity Health acquired Nutrisystem for $1.4 billion.

– Platinum Equity acquired Jostens for $1.3 billion.

– ARG Holdings acquired Sonic for $2.3 billion.

– Vintage Investment Partners acquired Rent-A-Center for $1.3 billion.

– Marriott Vacations Worldwide Corp. acquired ILG Inc. for about $5.8 billion.

– Tenneco acquired Federal-Mogul for $5.4 billion.

– Peakstone advises Erehwon Mountain Outfitter on sale of company to Camping World Holdings, Inc. (NYSE:CWH) for an undisclosed amount.

– Arby’s Restaurant Group Inc. acquired Buffalo Wild Wings Inc. for approximately $2.9 billion.

– American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) acquired Metaldyne Performance Group Inc. for approximately $3.42 billion.

– BPS Direct, L.L.C. acquired Cabela’s Incorporated (NYSE:CAB) for approximately $8.67 billion.

– Circle K Stores Inc. acquired CST Brands, Inc. (NYSE:CST) for approximately $6.09 billion.

– Rye Parent Corp. acquired Panera Bread Company (NasdaqGS:PNRA) for approximately $7.66 billion.