JLL Partners - Acquired stake in J.G. WentworthScura, Rise & Partners, LLC initiated the transaction and acted as financial advisor to J.G. Wentworth
- J.G. Wentworth (“JGW”) is the leading specialty finance company focused on purchasing structured settlements.
- SRP has worked with JGW since 2001 and our principals have advised the company since 1997.
- SRP proposed the transaction to JGW management and conducted a thorough process to identify the best partner for JGW’s stated goals.
- SRP contacted a broad range of potential buyers and secured numerous offers, allowing JGW to achieve a very attractive valuation and substantial liquidity for the owners.
CD&L - Merged with Velocity Express
Scura, Rise & Partners, LLC advised CD&L (AMEX: CDV) in the transaction
- CD&L (AMEX: CDV) is a leading customized full-service, time-critical ground delivery service.
- SRP assisted CD&L in negotiations with Velocity Express (NASDAQ: VEXP) and rendered a fairness opinion.
- The Board of CD&L voted to approve the merger and an announcement was made July 5, 2006.
Plymouth Financial - Acquired by Bear Stearns
Scura, Rise & Partners, LLC advised Plymouth in the transaction
- Plymouth Financial (“Plymouth”) is the leading purchaser and servicer of tax liens in the U.S.
- Senior members of SRP were the founders of Plymouth.
- SRP was involved in putting in place Plymouth’s entire capital structure including equity, sub-debt, senior debt and securitizations.
- SRP proposed the transaction to the Board of Plymouth and to Bear Stearns.
- SRP negotiated all aspects of the transaction on behalf of Plymouth and concluded a successful transaction for Plymouth shareholders.
Unicorn Financial - Acquired by JPMorgan Chase
Scura, Rise & Partners, LLC acted as exclusive financial advisor to Unicorn on this transaction
- Unicorn Financial Services (“Unicorn”) engages in providing financing packages for elective dental and medical procedures.
- SRP has advised Unicorn since 2003 on several transactions to secure additional capital supporting the Company’s rapid growth.
- SRP initiated the sale process, identified and contacted potential buyers and successfully managed an auction to maximize the valuation received for the Company.
- SRP acted as Unicorn’s exclusive financial adviser in negotiating every aspect of the sale and was able to conclude a successful transaction for the Company, management and the shareholders.
Campus Door - merged with Lehman Brothers
Scura, Rise & Partners, LLC advised Campus Door in the transaction
- Campus Door engages in the development and offering of loan programs and financing packages for students and parents.
- The Company contacted SRP to render a fairness opinion on its pending merger with Lehman Brothers Holding, Inc.
- SRP rendered its opinion to Campus Door’s Board on June 30th, 2006, after which the Board voted unanimously to approve the merger.
The assets of Financial Technologies, Inc., including INVEStran - Acquired by SunGard Investment Mangement Systems, a subsidiary of SUNGARD
Scura, Rise & Partners, LLC initiated the transaction and advised Financial Technologies, Inc.
- SRP built a deep relationship with FTI, including:
- advising on venture capital alternatives
- assisting FTI in founding the Private Equity Industry Guidelines Group
- advising FTI in partnership discussions and in business development team strategy.
- When FTI was approached by a potential acquirer, our deep understanding of the business allowed us to quickly bring other interested parties to the table, including SunGard.
- The transaction was agreed to at an attractive valuation in a strongly competitive environment.
- The former owners of FTI now have significant liquidity and are able to pursue the growth of their business with the broad support of a leading international public company.
Win-Holt Equipment group's sale of assets of NU-VU Food Service Systems to The Midlleby Corporation
Scura, Rise & Partners, LLC acted as exclusive financial advisor to Win-Holt on this transasction
- SRP represented Win-Holt Equipment Group in connection with the sale of Nu-Vu Food Service Systems to The Middleby Corporation.
- Nu-Vu is a leading designer and manufacturer of a wide range of bread baking ovens and other stainless steel equipment used in the foodservice industry.
- Despite a high degree of customer concentration and rising raw materials (steel) prices, SRP ran a successful auction resulting in a substantial gain for Win-Holt.
Manufacturers Promotion Group's sale of 50% interest to Souther Container Corp.
Scura, Rise & Partners, LLC acted as exclusive financial advisor to MPG on this transaction
- MPG is a provider of corrugated packaging, point-of-purchase displays and other specialty packaging items.
- MPG’s owners engaged SRP to advise them in evaluating strategic alternatives.
- Based on our knowledge and experience in the packaging sector, we were able to generate substantial interest in MPG by focusing on a few select strategic buyers.
- This focused process resulted in rapid execution and provided MPG’s shareholders with:
- Meaningful liquidity on the front end
- A continuing income stream with performance incentives
- A put option with respect to their remaining interests in MPG.
The assets of U.S. Blood Plasma Collection Company, Life Resources Inc. acquisition by Her Majesty's Department of Health of the United Kingdom
Scura, Rise & Partners, LLC represented Life Resources Inc. in connection with the sale
- Life Resources, Inc. (“LRI”) was the largest independent source blood plasma collection company in the United States.
- LRI engaged SRP to find a buyer of its business when LRI’s principals desired liquidity but wanted to maintain operational control of the business for a meaningful period of time.
- We were able to structure a transaction with the British Government that provided a large upfront payment and meaningful incentive payments for LRI’s principals while allowing the principals to maintain complete control over day-to-day operations.
- The ultimate purchase price we were able secure was 2 times industry average on a per plasma collection center basis.