Capricorn Becomes Wholly Owned Subsidiary of Nittobo America Inc.
On July 29, 2019, Nittobo America Inc, Murrieta, CA, announced the acquisition of Capricorn Products LLC, Portland, ME, effective June 25, 2019.
In an announcement to their business partners, Nittobo President and COO Tatsuo (Tony) Sakae and Capricorn President Jane Havey said:
“We expect that this acquisition will have minimal impact in our current business operations, and will result in a unified and strengthened Nittobo America Inc. Capricorn Products LLC will continue to operate under the same business name, and their facilities and staff will remain in place in Portland, Maine. In addition, Jane Havey, Capricorn’s President has become a Senior Vice President of Nittobo America Inc. in charge of Capricorn business further growth. All Nittobo America Inc business units shall continue their dedication to serving the medical IVD reagent manufacturing industry while preserving the cultures of successful and highly respected bulk polyclonal antisera and human based calibrators/control sera suppliers.
This acquisition will allow our valued business partners to gain efficiencies by providing access to three established product brands. There will be no change in the manufacturing process or manufacturing sites of Nittobo America Inc., you will continue to have a choice in receiving high quality products manufactured at the IIC brand production facility located in Murrieta, CA, the MBC brand production facility located in Boone, IA, and the Capricorn Products brand from the production facility located in Portland, ME.”
Pickwick Capital Partners (www.pickwickcapitalpartners.com) served as the exclusive financial advisor to Capricorn.
Pickwick Capital Partners, LLC assists middle-market companies to achieve their strategic, financing and M&A objectives. We do this through a focused and process-driven group of advisors who bring a wealth of experience from leading investment banks. Our advisors have collectively completed capital raising and M&A transactions totaling in billions of dollars.
Pickwick’s primary services are focused on sell-side and buy-side mergers and acquisitions, debt/equity raises, and placement of alternative asset funds. We offer clients the advantage of a well-established and broad network of institutional investors, family offices, qualified purchasers, private equity and buy-out groups, strategic buyers, growth capital providers, senior, junior and mezzanine lenders and debt providers, and emerging and middle-market companies.
We provide our clients, which include private equity and other alternative investment funds, with strategic insights into a diverse range of industries, including cyber & physical security, aerospace & defense , government services, financial institutions, Fin-Tech, Big Data, alternative energy, healthcare IT, media, medical devices, biotech, pharmaceuticals, e-learning and tech-enabled business services.
An SEC-registered Broker/Dealer and member of FINRA and SIPC, Pickwick is headquartered in White Plains, New York, with over 100 advisors across the country.
https://www.linkedin.com/company/pickwick-capital-partners/
Contact: Cynthia de Jong │ Director, Business Process Management
dejongc (at) pickwickcapital.com
In an announcement to their business partners, Nittobo President and COO Tatsuo (Tony) Sakae and Capricorn President Jane Havey said:
“We expect that this acquisition will have minimal impact in our current business operations, and will result in a unified and strengthened Nittobo America Inc. Capricorn Products LLC will continue to operate under the same business name, and their facilities and staff will remain in place in Portland, Maine. In addition, Jane Havey, Capricorn’s President has become a Senior Vice President of Nittobo America Inc. in charge of Capricorn business further growth. All Nittobo America Inc business units shall continue their dedication to serving the medical IVD reagent manufacturing industry while preserving the cultures of successful and highly respected bulk polyclonal antisera and human based calibrators/control sera suppliers.
This acquisition will allow our valued business partners to gain efficiencies by providing access to three established product brands. There will be no change in the manufacturing process or manufacturing sites of Nittobo America Inc., you will continue to have a choice in receiving high quality products manufactured at the IIC brand production facility located in Murrieta, CA, the MBC brand production facility located in Boone, IA, and the Capricorn Products brand from the production facility located in Portland, ME.”
Pickwick Capital Partners (www.pickwickcapitalpartners.com) served as the exclusive financial advisor to Capricorn.
Pickwick Capital Partners, LLC assists middle-market companies to achieve their strategic, financing and M&A objectives. We do this through a focused and process-driven group of advisors who bring a wealth of experience from leading investment banks. Our advisors have collectively completed capital raising and M&A transactions totaling in billions of dollars.
Pickwick’s primary services are focused on sell-side and buy-side mergers and acquisitions, debt/equity raises, and placement of alternative asset funds. We offer clients the advantage of a well-established and broad network of institutional investors, family offices, qualified purchasers, private equity and buy-out groups, strategic buyers, growth capital providers, senior, junior and mezzanine lenders and debt providers, and emerging and middle-market companies.
We provide our clients, which include private equity and other alternative investment funds, with strategic insights into a diverse range of industries, including cyber & physical security, aerospace & defense , government services, financial institutions, Fin-Tech, Big Data, alternative energy, healthcare IT, media, medical devices, biotech, pharmaceuticals, e-learning and tech-enabled business services.
An SEC-registered Broker/Dealer and member of FINRA and SIPC, Pickwick is headquartered in White Plains, New York, with over 100 advisors across the country.
https://www.linkedin.com/company/pickwick-capital-partners/
Contact: Cynthia de Jong │ Director, Business Process Management
dejongc (at) pickwickcapital.com
