News & Press Releases
Vetus Partners Expands Investment Banking Team
Tre Mischka Joins as a Director
CLEVELAND, April 21, 2008 – Vetus Partners announces that Tre Mischka has joined the firm as a Director in Vetus’ Distribution Practice Group. Prior to joining Vetus, Tre was a Director on the Distribution team at Robert W. Baird, where he spent 10 years providing corporate finance advisory services in distribution and logistics. Tre has worked with the leading distribution companies in the U.S, as well as private equity funds that have invested in the distribution sector. In total, he has participated in M&A and financing transactions in the distribution industry exceeding over $3 billion.
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Vetus Partners Has Moved
The investment bank of Vetus Partners is pleased to announce that we have expanded our offices and moved to a new location.
CLEVELAND, October 15, 2007 – Vetus Partners has a new address and we look forward to serving you from our new location. Please visit us when you are in town and share the views of Lake Erie and the Cleveland skyline. Thank you to all of our clients who have made this move possible.
Our phone numbers as well as our email addresses remain unchanged.
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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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