News

Capstone Partners Advises Information Management Corporation on its Acquisition by TriTech Software Systems

Boston, MA - November 16, 2007 - Capstone Partners LLC, a leading national investment banking firm, announced that it has successfully advised Information Management Corporation (“IMC”) on its acquisition by TriTech Software Systems (“TriTech”).  IMC specializes in providing mission-critical Computer-Aided Dispatch, Law and Fire-EMS Records Management, Mobile, Jail Management, Courts, Civil Processing, Administrative and multi-agency data sharing solutions to public safety agencies.  The acquisition of IMC strengthens TriTech’s market presence by adding more than 700 public safety customers in the US.  Capstone served as the exclusive investment banking advisor to IMC during the transaction process.  > MORE

Capstone Partners Releases the Latest Quarterly Dashboard Covering Third Quarter M&A Activity in the Auto Aftermarket Industry

Boston, MA - November 5, 2007 - Capstone Partners LLC, released its latest Quarterly Dashboard for the third quarter of 2007, highlighting M&A activity in the automotive aftermarket.  Merger and acquisition activity in the automotive aftermarket remained fairly robust in the third quarter with 56 deals announced.  However, the recent debt market correction likely had a negative impact on third quarter deal activity. The debt market is in the process of “repricing” risk and has resulted in increased interest rates and tighter covenants for highly leveraged transactions.  > MORE

Capstone Partners Releases Coverage Report on Interconnect Components

Boston, MA  - November 1, 2007 - Capstone Partners LLC, released its latest Interconnect Components Coverage Report, highlighting key market trends, M&A activity and insight into the acquisition interests of strategic and financial buyers in this market.  This sector includes manufacturers and distributors of cable, connectors, cable assemblies and other interconnect products that serve a diverse array of end-markets.  Merger and acquisition activity in this sector has continued to be very strong with a number of significant transactions taking place this year. > MORE

Capstone Partners Advises OPNET Technologies on its Acquisition of Network Physics

Boston, MA - October 29, 2007 - OPNET Technologies, Inc. (NASDAQ: OPNT), a leading provider of solutions for managing networks and applications, announced that it has completed the acquisition of substantially all of the assets of Network Physics, Inc., a privately held software company headquartered in Mountain View, California.  The acquisition contributes key components to OPNET's product portfolio for application performance management.  Capstone Partners acted as the exclusive investment banking advisor to OPNET.  > MORE

Capstone Partners Initiates Coverage on the Clean Technology Market

Boston, MA - October 1, 2007 - Capstone Partners LLC, a leading national investment banking advisory firm dedicated to serving the needs of middle-market businesses, has launched the Q3 Clean Technology Quarterly Update, which highlights recent investment and M&A activity in the sector.

The clean technology industry has been around for decades, but has only recently captured headlines in such a dramatic fashion. The advent of international agreements, such as the Kyoto Accord, and Federal regulations and incentives provided the needed impetuous to push this market toward rapid growth. Meanwhile, technology innovation made new forms of energy production and management financially viable and attracted a large and growing investment from the private sector.  > MORE

Capstone Partners Advises Heald College on Acquisition by Investor Group

Boston, MA - September 10, 2007 - Capstone Partners LLC, a leading national investment banking firm, announced that it has successfully advised Heald College on its recent acquisition by an education industry investor group that wishes to remain undisclosed.  Heald College is one of the most well established providers of post-secondary educational programs in the Western United States.  The transaction, terms of which will remain confidential, involved new management members, growth capital and the conversion of Heald from a nonprofit institution with the approval of regulatory and governmental authorities.  Capstone served as the exclusive investment banking advisor to Heald College during the transaction process.  > MORE

Capstone Partners Assists Nova Science In Cross-Boarder Sale to Abbott

Boston, MA - August 31, 2007 - Nova Science, a Dublin based medical device firm, has been acquired by Abbot Laboratories (NYSE: ABT).  The Company developed and patented a disposable closure device to seal arteries after cardiac surgery.  Initially backed by Enterprise Ireland, the Millennium Entrepreneur Fund and British venture capitalists 3i Group and MVM Life Sciences Partners, Nova Science raised was follow-on funding from Trinity Venture Capital, ACT Venture Capital and existing investors.  Capstone Partners LLC teamed with Medical Capital Advisors, LLC to provide investment banking advisory services to Nova Science.  > MORE

Capstone Partners has launched the Q3 2007 Building Products Coverage Report

Boston, MA - August 23, 2007 - Capstone Partners LLC, a leading national investment banking advisory firm dedicated to serving the needs of middle-market businesses, has launched the Q3 2007 Building Products Coverage Report, which highlights recent M&A activity in the sector. Transaction activity within this market remains robust with eighty-two deals announced in the first half of 2007, and Capstone expects industry consolidation to continue.  The financial position of strategic buyers remains strong and industry leaders continue to aggressively target bolt-on acquisitions to augment organic growth.

International strategic buyers have been actively acquiring U.S. building product companies, seeking access to one of the largest global markets and further diversifying their revenue base. 

Financial sponsors continue to raise significant amounts of capital and are favoring large, fragmented industries such as building products.  Capstone’s insights have emerged through the execution of numerous M&A transactions, as well as our active dialog with preeminent strategic and financial buyers in the building products sector.  > MORE

Capstone Partners has launched the Q2 2007 Quarterly Dashboard, a journal of M&A activity in the Automotive Aftermarket

Boston, MA - August 16, 2007 - Capstone Partners LLC, has launched the Q2 2007 Quarterly Dashboard, which highlights M&A activity in the Automotive Aftermarket.  M&A activity has remained strong through the second quarter of this year.  Auto aftermarket M&A transaction volume through June 30th of this year was up 23.2% over the same period last year.  The increase was driven by an especially strong first quarter, which saw global M&A activity reach an all-time high.

Capstone Partners expects the rapid pace to continue in the near term due to abundant private equity capital, availability of debt, the continued presence of aggressive strategic acquirers and scale advantages inherent in the automotive aftermarket industry.  Capstone’s insights have emerged through the execution of six Auto Aftermarket M&A transactions over the past two years, including the recent advisory of Accessories Marketing, Inc. (AMI) on its recent acquisition by Friend Skoler & Co.  > MORE

Capstone Partners Provides Financial Advisory Services to a National Technical Recruiting Firm

Boston, MA - July 25, 2007 - Capstone Partners LLC, a leading national investment banking firm, announced that it has provided financial advisory services to a national technical recruiting firm in connection with an ownership transfer transaction.  The recruiting firm is a privately owned business whose identity was not disclosed. 

> MORE

Capstone Partners Advises Rentacrate in Recapitalization with Private Investor Group

Boston, MA - June 29, 2007 - Capstone Partners LLC, a national investment banking firm, announced that it has successfully advised Rentacrate Incorporated on its recent majority recapitalization by a group of private investors lead by Howard Brown, former CEO of Allied Office Products.  Rentacrate founders, Michael Shanley and Karen Osborn Shanley, are also re-investing a portion of their equity in the company.  Capstone initiated the transaction and served as the exclusive investment banking advisor to the shareholders of Rentacrate.  The terms of this transaction were not disclosed.  > MORE

Capstone Partners Hires John Gingrich as Vice President

Boston, MA - June 15, 2007 – Capstone Partners LLC, a national investment banking advisory firm, today announced that John Gingrich has agreed to join the firm as Vice President.  Mr. Gingrich will focus on originating and executing middle market merger and acquisition transactions for the Business Services group.  He has over 5 years of business strategy consulting and private equity experience in a variety of business services segments including corporate benefits administration, human capital management, transaction processing, value-added distribution, third-party logistics and IT services.  This latest hire marks Capstone’s continued efforts to secure talented and experienced professionals to support the firm’s aggressive expansion and rapid growth of its brand nationally.  > MORE

Capstone Partners Advises Radius Medical Technologies in a Strategic Transaction

Boston, MA - May 15, 2007 - Capstone Partners LLC, a national middle-market investment banking advisory firm, announced today that it has successfully advised Radius Medical Technologies, Inc. in a strategic transaction with an undisclosed leader in the medical device industry. The transaction will strengthen Radius’ position as a worldwide provider of leading guidewire snare products to the medical technology sector. > MORE

Capstone Partners Advises J.H. Emerson Company on Acquisition by Respironics, Inc.

Boston, MA - April 27, 2007 - Capstone Partners LLC, a leading national investment banking firm, announced that it has successfully advised J.H. Emerson Company ("Emerson" or the “Company”) on its recent acquisition by Respironics, Inc.  The Company is involved primarily in the manufacture and distribution of the CoughAssist® device that Respironics had previously distributed.  Capstone served as the exclusive investment banking advisor to Emerson during the transaction process. > MORE

Capstone Partners Advises National Sporting Equipment Manufacturer in Corporate Restructuring

Boston, MA - April 23, 2007 - Capstone Partners LLC, a national investment banking firm, announced that it has advised a leading U.S. sporting goods equipment manufacturer in the refinancing and restructuring of the business.  For confidential and competitive reasons, the identity of the company and the terms of the transaction were not disclosed.  > MORE

Capstone Partners Advises National Footwear Manufacturer in Strategic Investment

Boston, MA - March 27, 2007 - Capstone Partners LLC, a national investment banking firm, announced that it has advised a U.S. footwear manufacturer and distributor through an equity investment in an online footwear retailer to further the company’s channel capabilities.  The footwear manufacturer is a privately owned business; the identity of the company and the terms of the transaction were not disclosed.  > MORE

Capstone Partners Advises Hunt Power on its Divestiture of E-MON

Boston, MA - March 12, 2007 - Hunt Power, L.P., a wholly-owned subsidiary of Hunt Consolidated Inc., a privately-held energy, oil and real estate conglomerate, announced today that it has divested its Langhorne, PA-based E-MON Division, a leading manufacturer and distributor of electronic kilowatt-hour submeters, automatic meter reading software and other energy management products and services.  E-MON management, in concert with Branford Castle, Inc., a private equity firm based in New York City founded by John K. Castle, the former CEO of Donaldson, Lufkin & Jenrette and founder of Castle Harlan, Inc, acquired the assets of the Division from Hunt Power.  Capstone initiated the transaction and served as the exclusive investment banking advisor to Hunt Power. Terms of the transaction were not disclosed.  > MORE

Capstone Partners Initiates Coverage on Higher Education Services Market

Boston, MA - March 5, 2007 - Capstone Partners LLC, a national, middle-market investment banking firm, has released a research report on the Higher Education Services market, citing exceptional growth driven by demographic shifts, increased costs of service, and greater technology utilization.  In addition, Capstone expects the Higher Educational Services market to experience increased consolidation activity over the next 12 to 24 months. > MORE

Capstone Partners Hires Jonathan Taylor as Vice President

Boston, MA - March 1, 2007 – Capstone Partners LLC, a national investment banking advisory firm, today announced that Jonathan Taylor has joined the firm as Vice President.  Mr. Taylor will focus on originating and executing middle market merger and acquisition transactions for the Specialty Products group.  He has over 7 years of merger and acquisitions experience.  This latest hire marks Capstone’s continued efforts to secure talented and experienced investment banking professionals to support the firm’s aggressive expansion and rapid growth of its brand nationally.  > MORE

Capstone Partners Advises New England Based Restaurant Chain in Recapitalization

Boston, MA - February 28, 2007, Capstone Partners LLC, a national investment banking firm, announced that it has advised a regional restaurant chain in the recapitalization of the business which included a share repurchase.  The restaurant chain is a privately owned business; the identity of the company and the terms of the transaction were not disclosed.  > MORE

Capstone Partners has launched the Quarterly Dashboard, a journal of M&A activity in the Automotive Aftermarket

Boston, MA - February 26, 2007, Capstone Partners LLC, a leading national investment banking advisory firm dedicated to serving the needs of middle-market businesses, has launched a new Quarterly Dashboard, which highlights M&A activity in the Automotive Aftermarket.  Capstone expects the global Automotive Aftermarket to continue to experience rapid consolidation over the next 18 to 24 months, driven by a number industry trends, including globalization and increased consumer demand for specialty aftermarket components.  Capstone’s insights have emerged through the execution of six Auto Aftermarket M&A transactions over the past two years, including the recent advisory of Accessories Marketing, Inc. (AMI) on its recent acquisition by Friend Skoler & Co.  > MORE

Capstone Partners Advises MilesTek Corporation on Acquisition by Castle Island Partners

Boston, MA - February 15, 2007 - Capstone Partners LLC, a leading national investment banking firm, announced that it has successfully advised MilesTek Corporation (MilesTek), a portfolio business of the private equity firm Svoboda Collins LLC, on its recent acquisition by Castle Island Partners, LLC.  Capstone initiated the transaction and served as the exclusive investment banking advisor to the shareholders of MilesTek.  The terms of this transaction were not disclosed.  > MORE

Mark Young Joins Senior Ranks at Capstone Partners LLC

Boston, MA - February 1, 2007 - Capstone Partners LLC, a national investment banking advisory firm dedicated to middle market transactions, today announced that Mark Young has joined the firm as a Managing Director.  Mr. Young, who will serve as the head of Capstone’s Business Services industry practice and participate on the firm’s board of directors, will focus on originating and executing middle market merger and acquisition transactions.  Mark has 18 years of investment banking experience across multiple sectors including industrial, technology, consumer and health care.  This latest hire underscores Capstone’s continued efforts to secure senior level professionals with significant investment banking experience to support the firm’s aggressive growth and national brand expansion.    > MORE

Capstone Partners Advises Rockport College and The Maine Photographic Workshops in Sale to Non-Profit Aquirer

Boston, MA - January 22, 2007 - Capstone Partners LLC, a national investment banking firm, announced that it has successfully advised Rockport College and The Maine Photographic Workshops on their recent acquisition by a newly formed non-profit group consisting of former staff and faculty members.  Capstone acted as the exclusive investment banking advisor to the principal shareholder of Rockport College and The Maine Photographic Workshops.  The terms of this transaction were not disclosed.  > MORE

Capstone Partners Advises Accessories Marketing on its Acquisition by Friend Skoler

Boston, MA - January 3, 2007 - Capstone Partners LLC, a national investment banking firm, announced that it has successfully advised Accessories Marketing, Inc. (AMI) on its recent acquisition by Friend Skoler & Co., Inc.  Capstone initiated the transaction and served as the exclusive investment banking advisor to the shareholders of AMI.  The terms of this transaction were not disclosed.  > MORE