Meridian Capital Finishes 2012 with a Flurry of Deal Activity

15 January 2013

January 2013 - Meridian Capital experienced one of its most active quarters in history in Q4 2012, completing six transactions and closing out  the most successful year in the firm history.  Transactions spanned across the aerospace, consumer products, food & beverage, and specialty retail channels.

Managing Director Chuck Wilke commented, “Our experience has been that quality, well-prepared companies are still able to garner attractive valuations and transaction terms, despite the overall macro-economic and political environment.  With transaction process timelines and increased due diligence scrutiny continuing to represent challenges, we are encouraged to have been able to get several quality transactions across the finish line before year-end.”

In addition to strong deal activity, Meridian executed several key operational initiatives in 2012.  Three new employees were welcomed to the transaction team, bringing incremental banking experience as well as strong backgrounds in valuation, accounting, and corporate tax.  Furthermore, capitalizing on the firm’s operational and transaction backgrounds in multiple sectors, Meridian also expanded its research coverage and publication efforts within the aerospace & defense, branded housewares, juvenile products, and business services industries. 

“We are pleased to have finished the year with a very strong quarter.  Most importantly, each transaction represented a successful outcome for our clients,” added Brian Murphy, a Managing Director at Meridian. “We are optimistic about the upcoming year, as several industries that we cover, particularly aerospace & defense and consumer products, are experiencing dynamic market conditions and M&A activity.  Through the addition of new team members and an increased focus on sector coverage, we have attempted to position ourselves as a valuable resource for entrepreneurs and business owners looking at the strategic and capital alternatives available to them.”

With strong momentum entering the new year, Meridian expects total deal activity and transaction volume to remain strong in 2013.

Q4 2012 Completed M&A Transactions

October 2012 - Kokopax acquired by Sassy Baby and Kid Brands

November 2012 - BarclayDean Merged with Bank & Office Interiors

December 2012 - Imaginetics, Inc. Recapitalized by Kidd & Company, LLC

December 2012 - Southworth Company Acquired The Madison Park Group

December 2012 - Leading Seattle-based Specialty Retailer Acquired by Private Equity Firm

Q4 2012 Completed Advisory Engagements

December 2012 - Vinum Wine Importing and Distributing LLC Secured Additional Financing Alternatives

 

Contacts:

Chuck Wilke

cwilke@meridianllc.com
+1 206 224 6151

Randall Miles

rmiles@meridianllc.com
+1 206 224 6158

John O'Dore

odore@meridianllc.com
+1 206 224 6152

Brian Murphy

bmurphy@meridianllc.com
+1 206 224 6156

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