News & Transactions
Vetus Partners Named a Winner of Six Awards at
The M&A Advisor’s 8th Annual M&A Awards Gala
CLEVELAND, December 18, 2009 – Vetus Partners LLC, a leading investment bank specializing in domestic and cross-border mergers, acquisitions and corporate divestitures of middle market businesses, announced today that The M&A Advisor awarded Vetus Partners an unprecedented six M&A Awards at its 8th Annual M&A Awards Gala:
• Boutique Investment Banking Firm of the Year
• Cross-Border Deal of the Year
• Lower Middle Market Deal of the Year
• Media, Entertainment or Telecom Deal of the Year
• Dealmaker of the Year
• Industrial Distribution / Manufacturing Deal of the Year
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Vetus Partners Wins Prestigious Global M&A Award
CLEVELAND, October 14, 2009 – Vetus Partners LLC announced today that The M&A Advisor has awarded Vetus Partners a Global M&A Award for Industrial Manufacturing / Distribution Deal of the Year in Europe.
"In a challenging deal environment, where financing has been tight or non-existent, all of the nominees have demonstrated that they are among the best, brightest, and most significant trendsetting dealmakers today," said Roger Aguinaldo, founder and chief executive of The M&A Advisor.
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Embarq Corporation Sells EMBARQ Logistics, Inc. to KGP Telecommunications, Inc.
Vetus Partners Advises on its Second Public Company
Divestiture in 2009
CLEVELAND, March 12, 2009 – The investment bank of Vetus Partners is pleased to announce that its publicly-traded client, Embarq Corporation ("EMBARQ") [NYSE:EQ], has divested its wholly-owned EMBARQ Logistics subsidiary ("EMBARQ Logistics") to KGP Telecommunications, Inc. ("KGP"). Vetus Partners served as exclusive financial advisor to Embarq for the transaction.
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Süd-Chemie AG Acquires Hi-Tech Ceramics Business of Cookson Group plc
Vetus Partners Advises Leading Materials Science Company in a Corporate Carve-out Divestiture to Global Specialty Chemicals Co.
CLEVELAND, January 5, 2009 – The investment bank of Vetus Partners announced today that its U.K.-based, publicly-traded client, Cookson Group plc ("Cookson") [LSE:CKSN], has sold its Hi-Tech Ceramics filters business ("Hi-Tech") to Süd-Chemie AG. Details of the transaction were not disclosed. Vetus Partners served as financial advisor to Cookson for the transaction.
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Ingram Micro Acquires DBL Distributing
Vetus Partners Advises North America's Leading Distributor of Consumer Electronics Accessories in its Sale to the World's Largest Technology Distributor
CLEVELAND, June 13, 2007 – The investment bank of Vetus Partners announced today that its client, DBL Distributing, Inc. ("DBL"), signed a definitive agreement to be acquired by Ingram Micro, Inc. [NYSE:IM], the world's largest technology distributor and ranked No. 70 on the 2007 Fortune 500® list of companies. DBL is one of the nation's largest wholesale distributors of consumer electronics accessories, generating more than $300 million in annual revenues.
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Vetus Partners Advises on the Recapitalization of Lewis-Goetz and Company, Inc.
CLEVELAND, June 7, 2007 – The investment bank of Vetus Partners announced today the successful recapitalization of its client, Lewis-Goetz and Company, Inc. Lewis-Goetz is a leading independent value-added distributor of industrial rubber products, including industrial, hydraulic, and metal hose; conveyor belts; gaskets and seals; and related accessories. The recapitalization was led by Audax Group, a private equity fund managed by Boston-based Audax Group.
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Kendall Electric Acquires Roden Electric
Vetus Principals Advise Roden Electric's Shareholders in Sale to Kendall Electric
CLEVELAND, July 20, 2007 – The investment bank of Vetus Partners announced today the sale of Roden Electric, one of the largest independent distributors of electrical products in the South Central U.S to Kendall Electric, a full line electrical distributor that serves the Michigan and northern Indiana markets.
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