News
Capstone Partners Advises Symmons Industries
Boston, MA - July 9, 2010 - Capstone Partners LLC, a leading national investment banking advisory firm, announced today that it has provided valuation and board financial advisory services to Symmons Industries, Inc. Founded in 1939, Symmons is a premier manufacturer of commercial and residential plumbing hardware. From its pioneering pressure-balancing, anti-scald shower valve introduced in the 1930s to its recent expansion into a full range of products for the kitchen and bath, Symmons has maintained a commitment to high-quality materials, superior engineering and solid workmanship. > MORE
Capstone Partners Releases Q2 2010 Report on the Post Secondary Education Market
Boston, MA - June 30, 2010 - Capstone Partners LLC, a leading national investment banking firm, released its latest Coverage Report on the Post Secondary Education (PSE) market. The report discusses the industry’s prevailing trends, including legislative updates on gainful employment and incentive compensation, student lending and occupational trends. The report also provides an update on merger and acquisition activity in the sector and highlights notable recent transactions in the industry. > MORE
Capstone Valuations Services Group has Completed a Fair Market Valuation of Common Equity
Boston, MA - June 17, 2010 - Capstone Partners LLC, a national investment banking advisory firm, through its wholly-owned subsidiary, Capstone Valuation Services Group LLC, announced today that it has completed a fair market valuation of the enterprise value of a privately owned equipment rental, construction & engineering Company. The valuation was conducted for its management’s internal planning purposes, which include a potential sale of a minority equity ownership interest in the Company to an outside investor. > MORE
Capstone Releases its Latest Market Snapshot Report on the Precision Metal Manufacturing (PPM) Industry
Boston, MA - May 14, 2010 - Capstone Partners LLC, a leading national investment banking firm, has released its Q1 2010 Market Snapshot report on the Precision Metal Manufacturing (PMM) industry. The report discusses recent merger & acquisition activity in the sector and the roles played by foreign acquirers and private equity firms. In addition several recent transactions are profiled.
Although the PMM M&A market is starting to show signs of life, it has not rebounded as strongly as the overall M&A market. However, Capstone expects better M&A market conditions and the improving manufacturing environment will lead to increased M&A activity in the PMM sector. The firm continues to believe high-quality companies serving the medical, aerospace and military markets will be the most highly sought after acquisition targets. > MORE
Capstone Hires Mark Shifrin, ASA, as Vice President in the Valuation Services Group
Boston, MA - May 3, 2010 - Capstone Partners LLC, a leading national investment banking firm, today announced that Mark Shifrin, ASA, has joined the firm as a Vice President in the valuation practice. Mr. Shifrin brings with him deep technical expertise developed over his 10 year career. Prior to joining Capstone, Mark was a professional with Valuation Research Corporation in Boston, specializing in business valuation, stock valuation and the valuation of intangible assets & intellectual property for financial accounting and reporting purposes. Prior to VRC, Mark worked as an associate in Grant Thornton’s investment banking practice and served as a valuation analyst with ZweigWhite, a management consulting firm, where he performed business valuations for ownership transition, marital dissolutions, employee stock ownership plans, corporate planning and mergers & acquisitions. > MORE
Capstone Partners Advises New England Cryogenic Center
Boston, MA - April 23, 2010 - Capstone Partners LLC, a leading national investment banking advisory firm, announced today that it has provided valuation and board financial advisory services to New England Cryogenic Center, Inc. Founded in 1970, NECC operates as a cryogenic laboratory for individuals and medical professionals in the United States and around the world. The Company offers fertility and cryogenic services, including donor catalogs, donor screening, cryogenic shipping and storage, sperm banking, donor testing, and transportation services for cryogenically preserved human stem cells, embryos, blood, semen, bone marrow, and human tissues. > MORE
Capstone Partners Advises R&D Arm of Leading Medical Devices Company
Boston, MA - April 16, 2010 - Capstone Partners LLC, a national investment banking advisory firm, announced today that it has provided financial and strategic advisory services to the research, technology incubation and product development arm of a privately-held leader in the global medical device industry, which focuses on diagnostic healthcare in close collaboration with universities, industry experts and government agencies. The parent company is a leading manufacturer of medical diagnostic equipment worldwide. The company specializes in helping doctors, nurses, and other frontline practitioners around the globe provide the best patient care by developing innovative products, breakthrough technologies and cutting-edge solutions that help them see more patients, detect more conditions and improve more lives. Capstone Partners was retained by the research subsidiary to assist its executive team with various financial and strategic analyses related to the company’s technology portfolio and related capital market opportunities. > MORE
Capstone Partners Advises Plymouth Rock Lithotripsy
Boston, MA - March 15 - Capstone Partners LLC, a national investment banking advisory firm, announced today that it has provided valuation and financial advisory services to Plymouth Rock Lithotripsy LLC in connection with the company’s laser unit and a related divestiture transaction. Plymouth Rock markets a range of lithotripsy devices using both electro-magnetic and electro-hydraulic technologies for the delivery of extracorporeal shock wave lithotripsy (ESWL). > MORE
American Sentinel University Raises Growth Equity Capital
Boston, MA - March 5, 2010 - Capstone Partners LLC, a national investment banking advisory firm, through its wholly-owned subsidiary, Capstone Capital Markets LLC, announced today that it has successfully advised American Sentinel University, an accredited online university that provides degree programs for professionals, on a $9.0 million growth equity investment from JLL Partners, a leading private equity investor with over $3.0 billion under management. Funds from the investment will allow the University to execute on its growth strategy going forward. Capstone Capital Markets acted as sole placement agent in the transaction, in which the University issued $9.0 million of new Preferred Stock. > MORE
Capstone Adds Senior Valuation Expert Ronald Adams to Expand Practice
Boston, MA - February 16, 2010 - Capstone Partners LLC, a leading national investment banking firm, today announced that Ronald J. Adams has joined the firm as Managing Director and head of the valuation practice. The addition of Ron Adams to Capstone’s executive team marks another significant strategic move for the firm. “Having just completed our healthcare and merchant banking efforts, this initiative is an exciting extension for our platform,” commented John Ferrara, President and Managing Partner of Capstone. “Ron brings decades of experience and leadership in specialized valuation disciplines that are in high demand,” added Ferrara. > MORE
Thinking Phone Networks Secures Growth Equity Financing
Boston, MA - February 1, 2010 - Capstone Partners LLC, a leading national investment banking firm, announced that it has completed, through Capstone Ventures LLC, a principal equity investment in Thinking Phone Networks (TPN). TPN is a pioneer in development of deeply-integrated IP voice and data applications in the cloud. Capstone Ventures is the newly-minted merchant banking arm of Capstone Partners. The financing is to be used by TPN to fund increased sales and marketing efforts as well augmented research and development. > MORE
Capstone Partners Promotes David DeSimone to Director
Boston, MA - January 29, 2010 - Capstone Partners LLC, a national investment banking advisory firm dedicated to middle market transactions, today announced the promotion of David DeSimone to a Director of the firm. Mr. DeSimone, who joined Capstone Partners in 2005, has developed industry expertise and transaction execution capabilities that are at the core of Capstone’s long term commitment to technology companies across various verticals and the firm’s dedication to offering senior investment banking attention and Wall Street expertise to its clients. > MORE
Capstone Partners Advises Eastern Chem-Lac Corporation on Sale of Assets to Randolph Products
Boston, MA - January 25, 2010 - Capstone Partners LLC, a leading national investment banking firm, announced that it has successfully advised Eastern Chem-Lac Corporation on its recent sale of certain assets to Randolph Products. The terms of this transaction were not disclosed. > MORE
Capstone Partners Ranks in the Top Investment Banks for the Sixth Consecutive Year
Boston, MA - January 11, 2010 - Capstone Partners LLC, a leading national investment banking firm focused on middle market M&A and financing transactions, was recognized as a top firm within the industry, both regionally and nationally, for the sixth consecutive year. In an annual survey conducted by the Boston Business Journal, the most active investment banking firms in the country were ranked. Capstone held its “Top 20” national and “Top 3” regional positions among the elite regional firms in terms of the number of transactions completed. > MORE