February 29 , 2008
Boston, MA - Capstone Partners LLC, a national investment banking firm, announced that it has successfully advised Boston Irrigation Supply Company, Inc. (BISCO) on their recent acquisition of GPM Equipment, Inc. The acquisition allows BISCO to greatly expand the Company’s presence in the waste water and potable water markets with a broad range of engineered products. The purchase of GPM also adds key personnel to the BISCO executive team that can apply these new capabilities to customers’ specific needs. Capstone acted as the exclusive investment banking advisor to BISCO. The terms of the transaction were not disclosed.
BISCO is New England’s leading wholesale distributor of residential and commercial irrigation systems, golf course irrigation equipment, pump and filtration equipment and landscape lighting products. BISCO has been operating as a regional leader within the Northeast for over 20 years, delivering integrated water and related systems to leading marquee and commercial customers. www.biscoirrigation.com
Capstone Partners LLC is a leading national investment banking advisory firm dedicated to serving the transaction needs of middle market companies. The firm provides corporate sale & divestiture, merger & acquisition and private placement advisory services across three major industry practices: Specialty Products, Business Services and Technology & Media. www.capstonellc.com