Author: Sean Duggan

Peakview Partners is pleased to announce E Source has been acquired by Align Capital Partners. Peakview served as the exclusive M&A advisor to E Source in this transaction.

Wayne Greenberg, CEO of E Source, said “Peakview took the time to really learn our business and identify a wide range of viable targets. They managed the sale process in a very organized fashion and were a highly valued strategic advisor. Most importantly, Peakview negotiated several difficult issues with our acquirer and played a critical role in getting our deal to the finish line. I have worked with a number of investment banks over the years and Peakview is among the best.”

E Source (the “Company”) is a leading provider of customer-focused research, data, and consulting for utilities and their partners. Headquartered in Boulder, Colorado, E Source provides subscription-based market intelligence services for thousands of utility employees and senior leaders across North America. The Company’s unique insights into key areas of demand side management, customer experience, and marketing, help utilities adapt to ever-changing business and market conditions. For more information, please visit www.esource.com.

Align Capital Partners is a growth-oriented private equity firm that partners with business owners and management teams to create shared success. ACP brings experience, resources, and a $326 million committed fund to help companies accelerate their growth, to the benefit of management, employees, and the firm’s investors. ACP makes control investments in growth-oriented, lower-middle market business services, specialty manufacturing, and value-added distribution companies. E Source marks ACP’s seventh platform company investment completed since the firm’s first fund closed in September 2016. For more information, please visit www.aligncp.com.

Peakview Partners is pleased to announce that Tru-Flow, headquartered in Denver, CO, has been acquired by SemiTorr. Peakview served as the M&A advisor to Tru-Flow in this transaction.

Paul Trunzo, Tru-Flow’s Owner & President, said “The Peakview team was great to work with, providing crucial advice throughout the negotiations. I could not have gotten this transaction closed without their guidance and support, and I would recommend them to any owners interested in engaging a sell-side advisor.”

Tru-Flow is a distributor and manufacturers’ representation firm that provides products and solutions for the biotech and pharmaceutical industries. Tru-Flow offers top quality, industry-leading products to ensure process up-time and long-term performance. It offers a wide variety of products including pumps, valves, sensors, disposable bags and assemblies, cleaning and washing equipment, elastomers, pipe insulation, and custom piping assemblies. For more information, please visit www.tru-flow.com.This is SemiTorr’s first acquisition since being acquired by Transom Capital Group (www.transomcap.com), a leading operations-focused middle market private equity firm, in December 2018. SemiTorr, founded in 1988, has expanded nationally to support a wide array of markets throughout the United States. For more information, please visit www.semitorrinc.com.

Peakview Partners collaborated with John A. Leonard of Fairfield and Woods, P.C. on a three-part webinar series entitled “How to Sell Your Business: The Insider’s Guide for a Successful Sale”.  Each webinar is no more than 1-hour in length and covers participant Q&A.

Recordings are available here:

Webinar 1: Preparing the company for sale and being aware of three key documents for the early stages of the sale process.

Webinar 2: Discussion of the actual transaction process with a focus on best-practice tips to ensure a successful sale.

Webinar 3: Tips for the details of rollover equity, earnout, employment agreements, non-competes, indemnity, claims, carve-outs, baskets, caps, escrows, insurance and lease of real estate.

If selling a business is a consideration for the future, gain immediate insight for avoiding typical pitfalls in this series.

Peakview Partners is pleased to announce it served as the exclusive sell-side advisor on the sale of a minority position of a leading Fixed Base Operator (“FBO”).

The owner (confidential) of the minority interest said, “Peakview orchestrated a very competitive bidding process for the sale of my ownership interest and held all potential bidders to a tight timeline. This resulted in a quick closing for a price that was much higher than expected. Peakview demonstrated exceptional professionalism and competency throughout the sale process. I would absolutely use Peakview again for future transactional needs.”

FBOs provide a broad range of aeronautical services to the aviation community, including fuel supply, aircraft ground support, passenger and crew services, aircraft parking and storage, on-demand air charter, aircraft maintenance and overhaul facilities, and business aircraft and fractional ownership fleet management.

Peakview Partners is pleased to announce it acted as exclusive M&A advisor to AlloSource in the sale of its wholly-owned subsidiary, LABS, Inc., to an undisclosed international strategic buyer.

Tom Cycyota, President and CEO of AlloSource, said “Peakview’s senior level bankers understood the important work LABS performs for the organ, eye and tissue donation industry and were dedicated to ensuring the transaction process resulted in a great outcome for AlloSource and its stakeholders. Based on our experience, we would use Peakview Partners for any future transactional needs.”LABS operates specialized laboratories in multiple locations in the U.S. The company provides laboratory services specialized for transplantation and biomedical applications, with a testing menu that includes infectious disease agent screening, histocompatibility, clinical microbiology and sterility testing. The parent company, AlloSource, has a mission to provide innovative cellular and tissue allografts to advance patient healing. It serves customers in the U.S and internationally from its Colorado facility. Learn more at www.allosource.org.

Peakview Partners is pleased to announce two new additions to its investment banking team.

Alan Mayer joined Peakview Partners as a Partner in February. Alan has completed over 100 M&A and corporate finance transactions representing entrepreneurs, privately-held business owners, private equity firms and publicly-traded companies. He has more than 30 years of transactional experience as an investment banker and corporate attorney, including 12 years as a Managing Director at Green Manning & Bunch, a well-known middle-market investment banking firm. Alan’s M&A expertise covers a wide variety of industries, including manufacturing, distribution, food and consumer, business service and healthcare. Alan maintains his Colorado Law license and holds a Series 7 securities license.

Jamie Cowan joined Peakview Partners as a Senior Vice President in March. Jamie is a finance and strategy professional with more than 15 years of experience in deal execution, due diligence, management consulting, strategic planning and operational improvement across multiple sectors. Previously, as a Partner with Hydro Venture Partners, Jamie focused on investing private capital and providing strategic input to technology companies in the water space. Prior to Hydro Venture Partners, Jamie co-founded MWH Infrastructure Development, Inc., a firm that identifies and develops opportunities to match private financing with water and renewable energy projects. Jamie is an active and founding member of the Women in M&A Network, a board member of the Economic Club of Colorado and holds a Series 7 securities license.

To read more about Alan, Jamie and the other members of the Peakview Partners team, please click here.

Peakview Partners is pleased to announce that Project One Integrated Services has merged with Cumming, an international construction consultancy. Peakview served as the exclusive M&A advisor to Project One in this transaction.

Founded in 1999 by Mike Palumbo and Tristin Gleason, Project One provides project management and owner representation services that focus on the planning, oversight and implementation of large-scale capital construction projects. The group has worked on more than 500 assignments representing nearly $6B in project value across the U.S. and Canada. Project One’s experience includes work on hospitals, large healthcare clinics, corporate office buildings, multifamily residential projects, cultural facilities and civil and infrastructure projects. Project One will operate as a stand-alone subsidiary of Cumming. The office will continue to be managed by Palumbo and Gleason but will work in close cooperation with Cumming’s established local team.

“Combining our expertise and resources with Cumming allows us not only to meet the expanded needs of our current clients and grow our client base, but it will also provide new and important growth opportunities for our staff,” Palumbo said. An expert provider of construction project and cost management services, Cumming has assembled a diverse portfolio that includes work in the healthcare, education, commercial, hospitality, retail, entertainment and high-end residential sectors. The firm has more than 400 assignments underway at any given time and has worked on projects worldwide with a collective value exceeding $150B. “Cumming has a track record of consistently adding value to complex projects, and the joining of our teams will provide our collective client base, especially those throughout Colorado and neighboring states, with even more resources to help achieve their development-related goals,” Cumming founder and CEO Finlay Cumming said.

For more information, please see: www.ccorpusa.comand www.project-1.com

Peakview Partners is pleased to announce that Accelerated Services LLC acquired Continental Transport, Inc. (“CTI”). Peakview served as the M&A advisor to Accelerated Services in this transaction.

Tom Montgomery, Founder & CEO, said “Peakview Partners came highly recommended to me and was an invaluable advisor during every step of the acquisition, including negotiating, structuring and funding the acquisition of CTI. I highly recommend Peakview to any business owners considering acquisitions or selling their companies.”

Founded in 1999, Accelerated is one of the leading national auto transport carrier and auto transport broker service providers. Accelerated specializes in customized auto shipping programs for manufacturers, dealers, rental agencies and individuals. In addition to its own carrier fleet of late model car haulers, Accelerated has access to a large pool of pre-screened auto transport partners in order to meet clients’ unique auto shipping needs. For more information, please visit www.autotrans.com.

Founded in 1999, CTI is also one of the leading national car carriers. CTI has 95 plus 10-car carriers and an increasing list of loyal customers. CTI’s rapid growth is a result of the company’s integrity, loyal customers and hard-working employees and owner operators. For more information, please visit: www.continentaltransportinc.com

Peakview Partners is pleased to announce the sale of Affiliated Acceptance Corporation (AAC) to an undisclosed strategic buyer. Peakview served as the M&A advisor to Affiliated Acceptance in this transaction.

Alan Downey, Founder & CEO, said “Peakview Partners performed AAC’s market outreach and buyer negotiations with professionalism and tenacity that resulted in multiple offers. We are very excited by the outcome, having found an acquirer that will be an ideal steward of our clients and employees going forward. It was a pleasure working with the Peakview team and we would gladly recommend them to anyone looking to sell a middle market company.”

Founded in 1989, Affiliated Acceptance provides membership-based facilities and schools with payment processing and full-service billing. Based in Kansas City, Missouri, the company started providing services to the martial arts industry, and expanded to health clubs, personal trainers and other fitness/wellness entrepreneurs. For more information, please visit: www.affiliatedacceptance.com.

DENVER, CO, September 27th, 2016 – Peakview Partners is pleased to announce that Quick Supply Co./A.S.P. Enterprises has acquired the assets of Bowman Construction Supply, Inc..  Peakview served as the exclusive advisor to Bowman in this transaction.

Ken Kinnard, President & COO of Bowman, said “Peakview Partners performed Bowman’s market outreach, negotiations and due diligence with the professionalism and tenacity that ensured a merger of similar business cultures and a premium valuation.  It was a pleasure working with their team and we would gladly recommend them to anyone looking for exit strategies, mergers or walk away sales.”

Founded in 1969, Bowman is a leading value-added supplier of specialty building materials in Colorado and other Rocky Mountain States.  Bowman has strong relationships with over 40 manufacturers and offers thousands of unique products to help owners and design professionals evaluate material options and select the appropriate products for projects.  For more information, please visit www.bowmanconstructionsupply.com.

Ken Kinnard commented “We are pleased to be partnering with Quick Supply Co./A.S.P. Enterprises to be able to take full advantage of our combined markets’ growth potential, maintain outstanding professional relationships fostered throughout the specialty building materials ecosystem and provide continued quality products and services to customers.”

Quick Supply Co./A.S.P. Enterprises was founded in 1953 and is a full-line distributor of erosion-control, geosynthetics, storm water management products, wall block, landscape pavers and drainage products in the Midwest.  Learn more atwww.aspent.com.