Heritage Capital Group Awarded ‘Deal of the Year’ Honors
JULY 2015 -- Heritage Capital Group of Jacksonville, FL, and Capital Alliance Corp. of Dallas were awarded the prestigious “Deal of the Year” award by M&A International Inc. (MAI) at its 64th bi-annual conference held recently in San Francisco.
The global middle-market investment banking firms were awarded the honor for jointly facilitating the sale process of FDH, Inc., a nationally recognized consulting engineering company that provides engineering and construction management services to Velocitel Inc., a wireless network services company. Velocitel is a portfolio company of Willis Stein & Partners.
Heritage Capital Group worked closely with Capital Alliance Corp. to assist with the outreach to several potential buyers for FDH. The award acknowledges outstanding collaboration, and sharing of expertise and industry knowledge by MAI member firms resulting in sizeable, successful transactions. Over 200 transactions by MAI members were considered for the award.
Don Wiggins, president of Heritage Capital Group, commented, “The FDH transaction is an excellent example of how clients benefit from our collaboration with M&A International colleagues. We worked closely with Capital Alliance, and were able to leverage their significant industry expertise and strong relationships in the construction and engineering sector to identify buyers with the strategic motivation and resources to successfully complete the transaction. With Capital Alliance’s assistance, Heritage was able to negotiate a purchase price and deal structure that was very favorable for the selling ownership group.”
“We’re pleased to have worked with Heritage Capital Group on this transaction,” said Bryan Livingston, managing director and CEO of Capital Alliance. “This first partnership between our firms demonstrates the power of our M&A International alliance. As investment bankers, Heritage Capital and Capital Alliance share a similar focus. We’re looking forward to the next opportunity to work together.”
Headquartered in Dallas, Capital Alliance Corp. (www.cadallas.com) is a global middle-market investment banking firm, providing consulting services for mergers and acquisitions. The company represents client companies in a variety of markets, including energy, technology, construction and engineering, manufacturing and business services. Since its founding in 1976, the privately held firm has completed more than 200 transactions with an aggregate transaction value in excess of $3 billion. For more than 25 years, Capital Alliance has been a member of M&A International, a membership organization of investment banking firms operating in the major economies of the world.
Heritage Capital Group (www.heritagecapitalgroup.com) is a middle-market investment banking firm headquartered in Jacksonville, Florida. Since 1977, Heritage has been providing comprehensive advisory services related to mergers and acquisitions, sales and divestitures, management buyouts, capital placement, restructuring and refinancing, business valuation, and value enhancement. Clients include both public and privately-held companies and their shareholders in a variety of industries including construction and engineering, manufacturing, transportation and logistics, business services, technology, and healthcare. Heritage Capital Group is a founding member of M&A International and a FINRA broker dealer.
M&A International Inc. (www.mergers.net) is an international organization that offers the unparalleled, global resources of over 650 M&A professionals in 49 offices operating in 43 countries. Two firms were admitted as members at the June 2015 conference, Apoyo Consultoria in Peru, and TJP Advisory & Management Services GmbH in Austria. Member firms are closely linked and work together to advise clients on acquisitions, divestitures, and financing on a local and global level. M&A International member firms have closed 1,400 transactions totaling more than US$75 billion in transaction value in the past five years.