Mission Driven Bank Fund Appoints Armando Ramirez, Managing Director at Pickwick, to Advisory Committee
November 12, 2024 CLEVELAND, OH, Nov. 12, 2024 -- The Mission Driven Bank Fund today announced the appointment of its inaugural Mission Advisory Committee. The committee comprises seven industry leaders with expertise and experience in Minority Depository Institution (MDI) and Community Development Financial Institution (CDFI) banks, and the broader banking industry. As an independent committee, they objectively evaluate how well the Fund investments achieve its mission objectives. Forge Nano, Pickwick Client, Negotiating Up to $100 million Government Funding for Lithium-Battery Factory
September 20, 2024 Raleigh, N.C. and DENVER, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Forge Battery, the commercial lithium-ion battery production subsidiary of Forge Nano, Inc., today announced it was selected for award negotiations of up to $100M in non-dilutive funding by the Department of Energy’s Office of Manufacturing and Energy Supply Chains (MESC) to expand its North Carolina lithium-ion battery gigafactory production capacity to 3 gigawatt hours per year (GWh/year). InfuSystem and Sanara MedTech Inc. Announce Exclusive United States Distribution Agreement with Pickwick Client ChemoMouthpiece, LLC
September 11, 2024 ROCHESTER HILLS, Mich.--(BUSINESS WIRE)--InfuSystem Holdings, Inc. (NYSE American: INFU) (“InfuSystem” or the “Company”), a leading national health care service provider, facilitating outpatient care for durable medical equipment manufacturers and health care providers, and its joint venture partner Sanara MedTech Inc. (“Sanara”), announced today the execution of an exclusive United States distribution agreement with ChemoMouthpiece, LLC (“ChemoMouthpiece”). Pickwick Client Puraclenz, Provider of Air & Surface Purifiers, Closes $1 million Investment from Longfellow Park Ventures
April 29, 2024 OLD GREENWICH, CONNECITCUT, UNITED STATES OF AMERICA, April 29, 2024 /EINPresswire.com/ -- Puraclenz Closes $1 million Investment with Longfellow Park Ventures With a doubling of its revenue in 2023 to $4 million in its second full year of business, Interior Air Quality (IAQ) tech firm Puraclenz Holdings Inc. (“Puraclenz”) announced the closing of a $1 million combination royalty and equity investment by Boston based Longfellow Park Ventures, LLC (“Longfellow”). The $500,000 equity portion of the investment is priced at a pre-money valuation of $12.9 million. Longfellow has the option for a second $1 million combination royalty and equity investment. Finhaven Capital, Chaperoned by Pickwick, Advises Car Tech Merger Agreement with SPAC
February 21, 2024 Car Tech, LLC ("Car Tech"), a U.S. stamped auto-body parts manufacturer and subsidiary of leading Korean supplier, Shinyoung Co., Ltd., and AltEnergy Acquisition Corp. (NASDAQ: AEAE) ("AltEnergy"), a special purpose acquisition company, announced today that they have entered into a definitive business combination agreement that would result in Car Tech becoming a publicly traded company on the NASDAQ Capital Market. The transaction aims to expand Car Tech's U.S. manufacturing operations with an emphasis on its growing EV battery-related body parts business. Level Data Announces Acquisition of RANDA Solutions
February 2, 2024 Level Data, Inc., North America's leading school and student validation software provider serving more than 7 million students, is pleased to announce the acquisition of RANDA Solutions, a pioneer in data management and workflow solutions for State Education Agencies. RANDA Solutions licensure and effectiveness platforms are used in nine states by over 2.5 million professional educators. Pickwick Capital Named in Top 50 Healthcare Investors and M&A Advisors
December 3, 2023 Pickwick has been named to M&A deal platform Axial's list of the Top 50 Lower Middle Market Healthcare Investors & M&A Advisors. The list "features the top 50 buy- and sell-side Axial members that specialize in healthcare deals and have remained resilient and productive in the industry." Forge Nano to Launch U.S. Battery Manufacturing Business; North Carolina Gigafactory Planned for 2026
November 14, 2023 Forge Nano, Inc., a leading materials science company that enables peak performance products through atomic-level surface engineering, today announced plans to launch a lithium-ion battery manufacturing business called Forge Battery. The newly formed company intends to produce best-in-class high-energy and high-power lithium-ion battery cells for defense, aerospace and specialty electric vehicle markets at a newly constructed Gigafactory in Raleigh, North Carolina. Forge Battery plans to utilize a U.S-focused battery material supply chain to further bolster the domestic battery ecosystem and reduce reliance on foreign suppliers. Better Rhodes Completes International Supply Chain Financing For Its Largest Order to Date
October 24, 2023 Better Rhodes Co., a leading provider of alcohol-free beverages, announced today that it had successfully closed an international supply chain financing. The financing, provided by Manufactured Networks, Inc., represents Better Rhodes’ largest private-label, alcohol-free beverage order to date. Ascentage, a Pickwick Partner, Advises on Sale of Construction-Software Company Alliance to Evergreen
October 6, 2023 Evergreen, a family of leading managed IT services and software companies, announced today its strategic investment in Alliance Solutions Group, a leading Sage partner and reseller of Sage Intacct and Sage CRE products. The company will continue to operate independently within Evergreen’s ERP partner portfolio, Pine Services Group. Current Managing Partner, Mike Griffith, will continue to lead the business in partnership with Andy Rashid, Maggie Averso, and the broader Alliance team. Tenable Completes Acquisition of Ermetic
October 2, 2023 Tenable® Holdings, Inc., the Exposure Management company, today announced it has closed its acquisition of Ermetic, Ltd. (“Ermetic”), an innovative cloud-native application protection platform (CNAPP) company, and a leading provider of cloud infrastructure entitlement management (CIEM). The acquisition combines two cybersecurity innovators and marks an important milestone in Tenable’s mission to shift organizations to proactive security. Pickwick Capital Advises RightCrowd in Sale to Bloom Equity Partners
September 27, 2023 Bloom Equity Partners, a NYC-based private equity firm investing in technology, software, and tech-enabled business service companies, has announced its strategic acquisition of RightCrowd, a global leader in Physical Identity and Access Management (PIAM) solutions. The acquisition, finalized on September 25, 2023, marks a pivotal moment in the world of access risk and physical identity and access management. Pickwick Selected by Axial as Top 100 Lower-Middle-Market Advisor
September 27, 2023 The Axial Advisor 100, from M&A deal platform Axial, rates lower middle market investment banks for the quality and volume of their deals and the effectiveness of their processes. The list reflects a survey of M&A buyers on the platform concerning which investment banks they “trust and respect most.” Pickwick Partner, Ascentage Advises on Sale of Manufacturing-Software Company Proplanner
September 26, 2023 Advantive, a mission-critical software provider for specialty manufacturing and distribution businesses, announced today its acquisition of Proplanner, a leader in Product Lifecycle Management (PLM) solutions and Manufacturing Execution Systems (MES). Cisco to Acquire Splunk, to Help Make Organizations More Secure and Resilient in an AI-Powered World
Sept. 21, 2023 SAN JOSE, Calif. and SAN FRANCISCO, Sept. 21, 2023 /PRNewswire/ -- Cisco (NASDAQ: CSCO) and Splunk (NASDAQ: SPLK), the cybersecurity and observability leader, today announced a definitive agreement under which Cisco intends to acquire Splunk for $157 per share in cash, representing approximately $28 billion in equity value. Upon close of the acquisition, Splunk President and CEO Gary Steele will join Cisco's Executive Leadership Team reporting to Chair and CEO Chuck Robbins. WestRock Announces $20Bn Merger Agreement With Smurfit Kappa
September 13, 2023 The Consello Group acted as the financial advisor to WestRock, the second largest packaging producer in the United States, in its $20 billion merger agreement with Europe's largest paper and packaging producer, Smurtfit Kappa. Pickwick Capital Team Advises FireServe on Sale to Stimulus Technologies
August 18, 2023 FireServe, an Oregon provider of wireless and fiber broadband Internet access and related services, has been acquired by Stimulus Technologies. WISP Broker and Concentra Capital, Pickwick partners, were the exclusive advisors to FireServe. Construct Tech Bankers Join Pickwick Capital
August 7, 2023 The leadership team from Ascentage Advisors, a leading business development and M&A advisory firm for technology companies serving the built environment, has joined forces with Pickwick Capital Partners, LLC. With a 25+ year track record and international coverage, Ascentage’s deep domain expertise spans across design, construction, infrastructure, asset and energy management. Pickwick Capital Advises Eagle Point on Acquisition of CADLearning
August 1, 2023 Eagle Point Software, creator of the Pinnacle Series e-learning solution, has announced the acquisition of CADLearning from 4D Technologies. On July 27, 2023, Eagle Point acquired the CADLearning businesses, including intellectual property and digital assets while assuming responsibility for supporting CADLearning clients. Ares Management Corporation to Acquire Crescent Point Capital
July 17, 2023 NEW YORK & SINGAPORE--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that Ares has entered into a definitive agreement to acquire 100% of Crescent Point Capital (“CPC”), a leading Asia-focused private equity firm with approximately $3.8 billion of assets under management, as of March 31, 2023. Pickwick Capital Helps Forge Nano Close $50 Million C-Round Led by Hanwha Aerospace
June 12, 2023 Hanwha Aerospace has invested in the US startup Forge Nano, which boasts precision a nano-coating technology to extend the lifespan of secondary batteries. Forge Nano is led by Paul Lichty.According to officials, this investment aims to expand synergies with the environmentally friendly propulsion system and energy storage system (ESS) business that can be applied to Urban Air Mobility (UAM) submarines and commercial vessels. Pickwick Capital Advises Zircon Corporation on Merger With Harmony Energy
April 20, 2023 Zircon Corporation today announced it has entered into a merger agreement with Harmony Energy Technologies Corp. ("Harmony"). The combined company will do business under the name Zircon and will be centered on leveraging Zircon's sensor-based, ASIC processor technology and patent portfolio, to accelerate growth by expanding its electronic hand-tool product line, entering new markets globally and launching a data, IP and technology licensing business. UGE Announces Initial Closing of C$1.42M Private Placement of Green Bonds
March 30, 2023 UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the “Company” or “UGE”), a leader in the commercial and community solar sector, is pleased to announce that it has completed a first tranche closing of the brokered private placement of green bonds of the Company (“Green Bonds”), previously announced in its March 8, 2023 press release, for aggregate gross proceeds of C$1,423,545 (the “Offering”). Torch Announces $200M for funding consumer-facing startups
March 28, 2023 Consumer-focused startups have been under pressure since the economic downturn began last year. Online marketing costs have risen to a point that many businesses no longer view that form of advertisement as the main channel for bringing customers in the door. One Ring Networks Acquires Telegia Expanding Maryland Service Area
February 16, 2023 One Ring Networks has acquired Telegia Communications in Baltimore, MD. Telegia is an integrated internet services provider headquartered in Fredrick, MD. With this acquisition One Ring Networks expands upon their existing network coverage in Maryland. Designer Brands Acquire Topo Athletic, Accelerating Owned Brands in Leading Shoe Sales Category
December 19, 2022 Designer Brands Inc. (NYSE: DBI) (the "Company" and "Designer Brands"), one of the world's largest designers, producers and retailers of footwear and accessories, today announced the acquisition of Topo Athletic ("Topo"). The transaction expands the Company's reach into the critical performance athletic and outdoor footwear categories. Topo's founder and CEO, Tony Post, will remain with the Company as CEO of Topo, and report to Bill Jordan, president of Designer Brands. School Status Announces Strategic Investment from PSG
July 13, 2021 SchoolStatus, a leading provider of SaaS education technology powering K-12 communications and student data analytics, announced that PSG, a leading growth equity firm partnering with middle-market software and technology-enabled services companies, has made a strategic investment in the company with the aim to accelerate growth and product innovation. Corridor Capital Acquires Controlling Interest in Create & Cultivate for $22 Million
March 22, 2021 Congratulations to our partner at Pickwick Capital Partners, Teresa Miles Walsh of Access Media Advisory, who performed investment banking services for Create & Cultivate in their $22 Million transaction with Corridor Capital. Pickwick Market Intel Brief: Lower Middle Market M&A in the Biden/COVID Era - Security, Defense and Federal Services
February 8, 2021 Robust M&A markets should prevail in 2021 for lower middle and middle market companies serving the physical security, federal services and defense sectors, a Pickwick survey and report indicate. Forest Road Acquisition Corp. Announces Separate Trading of Its Class A Common Stock and Warrants, Commencing January 15, 2021
January 15, 2021 Congratulations to our partner at Pickwick Capital Partners, Teresa Miles Walsh of Access Media Advisory who serves as one of the independent directors on the Forest Road Acquisition Corp. Board who recently announced their de-SPACing transaction. Texas Original Compassionate Cultivation Closes $5.1 Million Series A Financing: Expands Access to Medical Marijuana for Patients Throughout Texas
July 20, 2020 Texas Original Compassionate Cultivation, the market leader and gold standard for medical marijuana in Texas, announced today it recently closed its $5.1 million Series A financing. Conception Nurseries Closes Series A Raising Bringing Total Funding to More than $15 Million
July 8, 2020 Conception Nurseries, a leading provider of tissue culture technology to the cannabis industry, announced that it raised more than $15M with the addition of approximately $12M in its Series A round. Metropolitan Partners Group Completes Fund VI Capital Raise
May 5, 2020 Metropolitan Partners Group Management, LLC, a direct-lending fund manager that provides senior-secured, short-term capital to small and mid-sized businesses in the U.S., announced that it completed the final closing of its sixth and largest direct lending fund with total fund commitments of $240 million ViralClear Submits IND for Phase II COVID-19 Trials: Geller Biopharm Managing Financing
April 24, 2020 BioSig Subsidiary ViralClear Submits Investigational New Drug Application to the FDA for Phase II Clinical Trials for Merimepodib, an Orally Administered Treatment for Patients with COVID-19 Geller Biopharm Represents ViralClear Financing for Phase II Ready Treatment for Covid-19
April 23, 2020 ViralClear Publishes Comparative In Vitro Data on Merimepodib and Remdesivir Activity Against the COVID-19 Novel Coronavirus in F1000 Research Aser Ventures Agrees New Partnerships with Corrum Capital & OTRO
April 8, 2020 OTRO has welcomed global investment company Aser Ventures as its new strategic partner and shareholder. The development follows a new strategic partnership between Aser Ventures and OTRO’s current shareholder Corrum Capital Management. Pickwick Capital Advised Truelove & Maclean on Its Sale to SFS Group AG (SIX Swiss: SFSN)
March 16, 2020 Pickwick Capital advised Truelove & Maclean, Inc. (or the “Company”), a globally recognized leader in the supply of complex Precision Deep Drawn and Progressive Die stampings, on its sale to SFS Group AG. Terms of the transaction were not disclosed. Geller Biopharm Exclusively Represents CaroGen for Licensing and Financing
March 10, 2020 Privately-held CaroGen Corporation today announced the development of its novel AVIDIO/SARS-CoV-2 recombinant vaccine for COVID-19 in collaboration with scientists at the Yale University School of Medicine. Capricorn Becomes Wholly Owned Subsidiary of Nittobo America Inc.
July 29, 2019 Nittobo America Inc, Murrieta, CA, announced the acquisition of Capricorn Products LLC, Portland, ME, effective June 25, 2019 TDI to Meet Growing Paper Straw Demand with Funding from Longfellow
July 22, 2019 A fast-growing leader in paper packaging and logistics systems, TDI Global Solutions, Inc. is entering the surging $1.6 billion (est.) international market for the environmentally friendly and governmentally mandated paper straws and non-plastic lined cups with help from royalty-based venture financing by Longfellow Park Ventures, LLC. The SPECTRUM Group and Pickwick Capital Partners Team to Assist Middle-Market Companies and Private Equity Sponsors in the Defense/Aerospace and Federal Contracting Sectors
April 15, 2019 Combines best-in-breed strategic consulting & government relations services with expert investment banking advisory. The Result: Helping clients better achieve their strategic objective Read More Pickwick Capital Launches Practice to Support Clients in the Rapidly Transforming HVACR Market
January 15, 2019 (White Plains, NY; Jan. 15, 2019) The massive, global HVACR (Heating, Ventilation, Air Conditioning and Refrigeration) sector is responding to trends including the technology requirements of smart buildings, imperatives to reduce carbon outputs and water inputs, and the need for advanced systems to support healthcare and high-tech production facilities. In addition, competitive pressures are driving consolidation in the market, including cross-border. Pickwick Capital Partners will help meet the M&A and financing needs of lower-middle market companies in the sector with its new HVACR investment banking team. Read More Geller Biopharm Inc. Represents Amunix for Merck License
January 3, 2019 Amunix Pharmaceuticals Inc. (“Amunix”), a biopharmaceutical company focused on the discovery and development of novel immuno-oncology therapeutics, today announced that it has entered into a licensing agreement with Merck, known as MSD outside the United States and Canada, for rights to develop therapeutics against an undisclosed target using Amunix’s proprietary protease-triggered immune activator (ProTIA) technology platform. Read More Metropolitan Partners Group Completes Fund V Capital Raise
December 7, 2018 Metropolitan Partners Group Management, LLC (“Metropolitan”), a direct-lending firm that provide senior-secured, short-term capital to small and mid-sized businesses in the U.S., announced today that it has raised $172 million, including co-investment rights, for its fifth and largest direct lending fund—Metropolitan Partners Fund V (“Fund V”). Read More Viridian Capital Leads Financing for Israel's Leading Cannabis Biotech Company
September 4, 2018 Breath of Life Pharma (“BOL Pharma” or the “Company”), an Israel-based cannabis biotech company conducting numerous clinical trials in Israel, has closed an $11.1-million growth capital round that was oversubscribed. Viridian Capital Advisors ("VCA"), through its broker dealer Pickwick Capital Partners, LLC (Member of FINRA/SIPC) served as the placement agent for the Company. Read More Trail Mix Ventures, an Outfit Centered on Wellness-Obsessed Millennials, Just Closed an $11 Million Debt Fund
July 12, 2018 The millennial generation — people born between 1981 and 1996 — are on the cusp of becoming America’s largest generation, according to projections from the U.S. Census Bureau. What else we know about this demographic: millennials are increasingly choosing to live at home with their parents, put off marriage and children, and not buy stuff like cars and luxury goods but instead access those goods through sharing services. Read More Final Phase of KODAKOne Platform SAFT/KODAKCoin Token Offering to Commence May 21, 2018
May 10, 2018 WENN Digital, Inc., the developer of the KODAKOne Image Rights Management Platform (KODAKOne Platform), a blockchain-based image rights management and protection platform, announced that the full $1.00 round of its offering of Simple Agreements for Future Tokens (SAFTs) and the underlying KODAKCoin Token will officially commence on May 21, 2018. Read More Probility Media Corp. Enters Into Letter of Intent to Acquire Disco, an Innovator of Enhanced Learning Experiences
December 21, 2017 Houston, Dec. 21, 2017 (GLOBE NEWSWIRE) — ProBility Media Corp. (PBYA) based in Houston, Texas, a technology company offering immersive technologies, digital learning and compliance solutions for the education and training markets, today announced the execution of a binding letter of intent to acquire Disco Leaning Media Inc. (Disco), a learning experience company and digital publisher. Read More Trivest Closes its 16th Acquisition of the Year with NuEnergen, a Fund V Platform Investment
November 29, 2017 Trivest Partners (“Trivest”) announces it has recapitalized NuEnergen, LLC (“NuEnergen” or the “Company”). The NuEnergen transaction represents Trivest’s 16th acquisition so far in 2017. NuEnergen is a leading demand response aggregator and provider of consulting, energy invoice auditing, and smart grid solutions to commercial, industrial and municipal (CIM) electric power users Read More Integrated Security Systems, Sold to Convergint Technologies
July 12, 2017 Integrated Security Systems Inc. (ISS), which protects mission-critical infrastructure from electrical grids and banks across North America to Major League Baseball’s Marlins Park in Miami, has been purchased by Convergint Technologies LLC. The Secure Strategy Group (SSG), through Pickwick Capital Partners, served as the exclusive sell-side M&A advisor... Read More Metropolitan Secures Cornerstone Commitment From Texas Tech University Endowment
June 6, 2017 New York, NY, June 6, 2017 (Newswire.com) - Metropolitan Partners Group Management, LLC (“Metropolitan”), a Registered Investment Adviser in New York City that provides capital to private companies via collateralized loan structures, announced today that it has secured a cornerstone LP commitment from Texas Tech University System Endowment (“TTUSE”) for its fourth direct lending fund, targeted to raise $125 million. Read More Small Banks, Confronting Most Complex Conditions in Years, Now Have Access to “Big Bank” Strategic Expertise from Pickwick Capital
March 29, 2017 Community banks and other financial institutions find themselves caught between continued pressure to consolidate and new potential for deregulation and higher interest rates... Read More Sponsor-Coverage Specialist & FINTECH Banker Join Pickwick Capital
January 9, 2017 Steven Crowley, a former J.P. Morgan investment banker, and Brad McGowan, board member of the Association for Corporate Growth (NY Chapter), have joined Pickwick Capital Partners... Read More |
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Video-Surveillance Leader, Total Recall, Sold to Convergint Technologies
June 15, 2016 Total Recall, which helps protect iconic locations and critical infrastructure for local, federal and corporate clients, has been purchased by Convergint Technologies. The Secure Strategy Group (SSG), through Pickwick Capital Partners (Pickwick), served as the exclusive sell-side M&A advisor... Read More Two Sides of a Coin: Cybersecurity and M&A
March 30, 2016 Mark Sauter, managing director and management team member at Pickwick Capital Partners, summarizes the dynamism of cybersecurity perfectly: “Cybersecurity is of unique importance… it’s both a source of large and growing deal flow and an area of increasing importance in the completion..." Read More |