Seale & Associates Advises Grupo Torrey on the Sale of their business to FEMSA (BMV: FEMSA)

MEXICO CITY, MEXICO — Seale & Associates, Inc. (“Seale”), announced that it acted as exclusive financial advisor to the shareholders of Grupo Torrey on the sale of their business to FEMSA. Torrey is the leading independent commercial kitchen equipment company in Mexico. FEMSA (BMV: FEMSA) is a diversified conglomerate in consumer products and convenience stores.

Torrey was founded in 1969 in Monterrey, Nuevo León. Its product line includes refrigerators, meat slicers, scales and measuring equipment, among others. The company exports products globally and serves its customers in Mexico through a strong network of distributors.

FEMSA is a leading Mexican company that participates in the beverage industry through Coca-Cola FEMSA, the largest Coca-Cola product bottler in the world, in the beer industry, through its ownership of the second largest shareholding in Heineken and in its convenience store division, with OXXO, the largest and fastest growing convenience store chain in Latin America.

Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. For more information please visit www.sealeassociates.com.

By | July 4th, 2019|Blog, Engagements, News, Press Releases|0 Comments

Seale & Associates Advises Anne Sullivan in its Partnership with Discovery Americas

MEXICO CITY, MEXICO — Seale & Associates, Inc. (“Seale”) announced that it acted as exclusive financial advisor to the shareholders of Anne Sullivan in its partnership with Discovery Americas through its educational platform Merited, which invests in schools throughout the Mexican Republic.

Anne Sullivan School was founded more than 35 years ago and is characterized by offering a complete program of 360 degrees of transversal application with a high degree of personalization.

Discovery Americas is a private equity fund with 15 years of experience with investments in different industries including logistics and transportation, financial services, health and consumer services. Their platform Merited is in charge of consolidating opportunities in the education sector in Mexico. It currently has 3,200 students spread across 3 schools and continues to search for investment opportunities.

Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. For more information please visit www.sealeassociates.com.

By | July 4th, 2019|Blog, Engagements, News, Press Releases|0 Comments

Seale & Associates Advises Arca Continental on the Acquisition of Carolina Country Snacks

MONTERREY, MEXICO – Seale & Associates, Inc. (“Seale”) announced it acted as exclusive financial advisor to Arca Continental, S.A.B. de C.V. (BMV: AC), the second-largest Coca-Cola bottler in Latin America and parent company of Wise Snacks, Deep River, Bokados and Inalecsa, on the acquisition of Carolina Country Snacks (“CCS”), a manufacturer and distributor of pork rinds and salty snack products in the United States. Through this acquisition, Arca Continental strengthens its US snacking offering and leadership by adding a staple pork rinds brand to its product lines, while strengthen its distribution presence in the North East U.S.

“Snacking is stronger than ever and so is the competition for finding quality opportunities that actually create value for our clients. We are delighted in assisting our friends at Arca Continental acquire CCS and witness its growth under the attractive AC Snacks portfolio.” commented Adan E. Sierra, Managing Director, Seale & Associates. Previously, Seale was the exclusive financial advisor to Arca Continental on the acquisition of Wise Foods in 2012 and Deep River in 2017.

Founded by Dwight Frazier, Carolina Country Snacks is a manufacturer of salty snack products on the eastern coast of the United States, operating in 26 states with strong presence in North and South Carolina. Best known for its pork rinds, Carolina Country Snacks also offers cheese curls and popcorn snacks. Headquartered in Henderson, North Carolina, the Company operates 3 manufacturing facilities with a combined area of 44,000 sq. ft.

Arca Continental is a company dedicated to the production, distribution, and sale of non-alcoholic beverages which are brand names of The Coca-Cola Company as well as salty snacks under the brands of Bokados in Mexico, Inalecsa in Ecuador, and Wise and Deep River in the United States. With an outstanding track record of more than 92 years, Arca Continental is the second largest Coca-Cola bottling company in Latin America and one of the most important in the world. Within its Coca-Cola franchise, the company serves a population of more than 83 million in the northern and western parts of Mexico as well as Ecuador, Peru, the northern region of Argentina and the Southwestern United States. Arca Continental had total sales of approximately US$8.3 billion for the last twelve months as of September 30, 2018. Arca Continental is listed on the Mexican Stock Market under the ticker symbol “AC” with a current market capitalization of approximately US$9.9 billion.

Seale & Associates, headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. For more information please visit: www.sealeassociates.com

By | July 1st, 2019|Blog, News, Press Releases|0 Comments

Seale & Associates Advises SmartPitch Ventures on the Acquisition of New Energy Equity

Seale & Associates, Inc. announced that it acted as a financial advisor to SmartPitch Ventures (“SmartPitch”), a private equity investment fund, on the acquisition and financing of New Energy Equity (“NEE”), a Maryland-based solar power project developer.  In addition to advising on the transaction, Seale arranged three senior credit facilities including acquisition financing. Through the acquisition, SmartPitch will accelerate their growth and will strengthen their position as one of the key developers focused on distributed generation and community solar in the United States.

New Energy Equity, founded in 2013 and headquartered in Annapolis, Maryland, develops and oversees solar power generation assets, providing clean electricity to commercial, industrial, municipal and utility customers under long-term contracts. NEE successfully installed 60 MW of new solar capacity in 2018, part of an overall development portfolio of over 200MW since 2013. To date, it has successfully completed more than 150 projects, totaling more than 145 megawatts across the United States.

SmartPitch Ventures (SmartPitch), headquartered in Fairfax, VA, is a late stage venture capital and private equity firm focused on the energy investments. SmartPitch was founded by Gautam Chandra and Sanjiv Mahan, former senior executives at Washington Gas Light Company.  Mr. Chandra and Mr. Mahan are industry leaders in renewable energy and invested over $2 billion built national platforms in renewable energy, distributed generation, and competitive energy and technology businesses.

Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. For more information, please visit www.sealeassociates.com.

By | June 28th, 2019|News, Press Releases|0 Comments

Seale & Associates Advises AZZ (NYSE:AZZ) on Acquisition Expanding Metal Coating Services

Seale & Associates, Inc. announced that it acted as exclusive financial advisor to AZZ, Inc. (NYSE:AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services to the power generation, transmission, distribution and industrial markets, on the acquisition of K2 Partners, Inc. (“K2”), a privately held provider of powder coating and electroplating services to customers in the Midwest and Southeast from locations in Texas and Florida. Through the acquisition, AZZ gains the powder coating operations of Centrix Powder Coating in Tampa, Florida and the powder coating and electroplating operations of Cimcon Finishing in Garland, Texas. The acquisition increases AZZ’s Metal Coatings network of plants to 44 sites in the United States and Canada.

“We are pleased to have the opportunity to continue to assist AZZ in expanding its metal coatings business, adding unique capabilities in powder coating and plating,” said Robert Whitney, Managing Director at Seale & Associates.

K2 Partners Inc., a Florida corporation, has provided regional powder coating and electroplating services to customers in Texas and Florida since 1994. With 75,000 square feet of production space, K2 offers customers high quality powder coating services through the use of automated powder coating lines optimized for high volume, quick turn jobs. The company’s electroplating and anodizing service provide unique aesthetic, wear and anti-corrosion benefits for steel and aluminum.

AZZ Inc. is a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services to the markets of power generation, transmission, distribution and industrial in protecting metal and electrical systems used to build and enhance the world’s infrastructure. AZZ’s Metal Coatings Segment is a leading provider of metal finishing solutions for corrosion protection, including hot dip galvanizing to the North American steel fabrication industry. AZZ’s Energy Segment is dedicated to delivering safe and reliable transmission of power from generation sources to end customers, and automated weld overlay solutions for corrosion and erosion mitigation to critical infrastructure in the energy markets worldwide.

Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. For more information, please visit www.sealeassociates.com.

By | June 28th, 2019|Blog, News, Press Releases|0 Comments

Seale Advises Triumph Group (NYSE:TGI) on the Sale of its Leading Aerospace Structures Machining and Finishing Businesses

LOS ANGELES, CALIFORNIA – Seale & Associates, Inc. announced that it acted as exclusive financial advisor to Triumph Group, Inc. (NYSE:TGI) on the sale of its Triumph Processing, Inc. (TPI) metal finishing business to Valence Surface Technologies LLC, and the sale of  its Triumph Structures – Los Angeles, Inc. (TSLA) aerospace structures machining business to Aerospace Systems and Structures LLC (DBA Alatus Aerosystems). Valence Surface Technologies is a leading aerospace product finishing company, backed by Trive Capital, and Aerospace Systems and Structures LLC is a privately-held California specialty aerospace investment firm.

Triumph Processing, Inc. and Triumph Structures – Los Angeles, Inc. together employ approximately 400 people in the Los Angeles area. TPI, formerly known as DV Industries, located in Lynwood, CA, is an aerospace specialty processing business offering non-destructive testing, chemical processing, and paint services to the global aerospace industry, differentiated by its state-of-the-art facilities and large part processing line with tanks over 100 feet in length. TSLA consists of four locations and specializes in manufacturing and assembly of large structural components including stringers, spars, chords, landing gear assemblies, and beams up to 180 feet in length.

“We are pleased to have had the opportunity to advise Triumph Group on another important transaction,” said Robert Whitney, Managing Director at Seale & Associates. “We appreciate the trust that Triumph continues to place in our organization to successfully execute on their transformational plan.”

Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aircraft structures, components, accessories, subassemblies and systems. The company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers.

Valence Surface Technologies LLC is a leading aerospace product finishing company, backed by Trive Capital, a $2 billion private equity firm. Valence Surface Technologies is the world’s largest independent provider of Aerospace and Defense metal finishing services. With 11 locations, 650,000+ sq. ft. of manufacturing space, and over 2,500 unique industry approvals, Valence processes more than 16 million parts per year.

Aerospace Systems and Structures LLC (DBA Alatus Aerosystems), a California specialty aerospace investment firm is privately owned by a team of aerospace focused investors with extensive industry relationships.

Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. Seale Capital, Inc., an affiliate of Seale & Associates, Inc., is a registered broker dealer and member of FINRA and SIPC. All securities-related transactions are cleared through Seale Capital. For more information, please visit www.sealeassociates.com.

By | September 25th, 2018|News, Press Releases|0 Comments

Seale Advises Triumph Group (NYSE:TGI) on the Sale of its Leading Aerospace Structures Machining and Finishing Businesses

LOS ANGELES, CALIFORNIA – Seale & Associates, Inc. announced that it acted as exclusive financial advisor to Triumph Group, Inc. (NYSE:TGI) on the sale of its Triumph Processing, Inc. (TPI) metal finishing business to Valence Surface Technologies LLC, and the sale of  its Triumph Structures – Los Angeles, Inc. (TSLA) aerospace structures machining business to Aerospace Systems and Structures LLC (DBA Alatus Aerosystems). Valence Surface Technologies is a leading aerospace product finishing company, backed by Trive Capital, and Aerospace Systems and Structures LLC is a privately-held California specialty aerospace investment firm.

Triumph Processing, Inc. and Triumph Structures – Los Angeles, Inc. together employ approximately 400 people in the Los Angeles area. TPI, formerly known as DV Industries, located in Lynwood, CA, is an aerospace specialty processing business offering non-destructive testing, chemical processing, and paint services to the global aerospace industry, differentiated by its state-of-the-art facilities and large part processing line with tanks over 100 feet in length. TSLA consists of four locations and specializes in manufacturing and assembly of large structural components including stringers, spars, chords, landing gear assemblies, and beams up to 180 feet in length.

“We are pleased to have had the opportunity to advise Triumph Group on another important transaction,” said Robert Whitney, Managing Director at Seale & Associates. “We appreciate the trust that Triumph continues to place in our organization to successfully execute on their transformational plan.”

Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aircraft structures, components, accessories, subassemblies and systems. The company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers.

Valence Surface Technologies LLC is a leading aerospace product finishing company, backed by Trive Capital, a $2 billion private equity firm. Valence Surface Technologies is the world’s largest independent provider of Aerospace and Defense metal finishing services. With 11 locations, 650,000+ sq. ft. of manufacturing space, and over 2,500 unique industry approvals, Valence processes more than 16 million parts per year.

Aerospace Systems and Structures LLC (DBA Alatus Aerosystems), a California specialty aerospace investment firm is privately owned by a team of aerospace focused investors with extensive industry relationships.

Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. Seale Capital, Inc., an affiliate of Seale & Associates, Inc., is a registered broker dealer and member of FINRA and SIPC. All securities-related transactions are cleared through Seale Capital. For more information, please visit www.sealeassociates.com.

By | September 25th, 2018|News, Press Releases|0 Comments

Seale Advises Affiliate of Garware on Acquisition of Fulflex

BRATTLEBORO, VERMONT – Seale & Associates, Inc. announced that it acted as exclusive financial advisor to Garflex, Inc., an independent U.S. investment company owned by the same shareholders of Garware Bestretch Limited, on the acquisition of Fulflex, Inc., a leading specialty elastics manufacturer, from The Moore Company.

Fulflex Inc., with operations in Brattleboro, Vermont and Luxembourg, is a leading branded manufacturer of thin-gauge specialty elastics for the medical, industrial, textile, hygiene, food, and personal care industries. Fulflex’s specialty elastic products are sold internationally to a variety of blue-chip customers.  and are used in a range of products including clothing, diapers, food and beverage packaging, and flame-resistant jackets and gear for firefighters.

“We are pleased to have had the opportunity to assist Garflex on this strategic cross-border acquisition,” said Robert Whitney, Managing Director at Seale & Associates.

Garware Bestretch Limited is a premier global manufacturer of latex and latex-free elastic rubber products. Garware is headquartered in Pune, India and exports its products to over 75 countries around the world. Garware’s products include elastic rubber tapes (smooth & ribbed/textured), tourniquets, bandages, rubber sheets and exercise bands, and various other industrial and hygiene products.

The Moore Company is a diverse group of manufacturing companies with leading names in healthcare disposables, apparel, sporting goods, and marine products. Founded in 1909, The Moore Company is a family-run business in its fourth generation.

Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. Seale Capital, Inc., an affiliate of Seale & Associates, Inc., is a registered broker dealer and member of FINRA and SIPC. All securities-related transactions are cleared through Seale Capital. For more information, please visit www.sealeassociates.com.

By | August 20th, 2018|News, Press Releases|0 Comments

Seale Advises United Technologies (NYSE:UTX) on the Sale of MobileView to Safe Fleet

JUPITER, FLORIDA – Seale & Associates, Inc. (“Seale”) announced that it acted as exclusive financial advisor to United Technologies Corporation (“UTC”, NYSE:UTX), a public company with US$60 billion in sales, on the sale of UTC Climate, Controls & Security’s MobileView business to Safe Fleet Acquisition Corp. (“Safe Fleet”).

MobileView is the leading provider of mobile surveillance and video management solutions to more than 35,000 transit bus and rail vehicles in the United States. MobileView’s products enable transportation professionals to capture, record, analyze, and control video evidence to enhance security, maximize resources, and increase vehicle uptime.

“We are pleased to have had the opportunity to advise UTC on another successful transaction”, said Carlos Hernandez, Vice President at Seale.

United Technologies Corporation, based in Farmington, Connecticut, provides high-technology systems and services to the building and aerospace industries. By combining a passion for science with precision engineering, the company is creating smart, sustainable solutions that move the world forward. To learn more about UTC, visit www.utc.com.

UTC Climate, Controls & Security, a unit of UTC based in Jupiter, Florida, is a leading provider of heating, ventilating, air conditioning and refrigeration systems, building controls and automation, and fire and security systems leading to safer, smarter, sustainable and high-performance buildings. For more information, visit www.ccs.utc.com.

Headquartered in Belton, MO, Safe Fleet owns a portfolio of brands that provide safety solutions to fleet vehicle manufacturers and operators around the world. These brands serve several major markets including: Bus, Rail, RV, Truck & Trailer, Work Truck, Law Enforcement, Emergency, Waste, Industrial and Military.  With over 1,100 employees and 10 manufacturing locations, Safe Fleet targets markets with increasing demand for operator, passenger, and pedestrian safety. For more information about Safe Fleet and their portfolio of brands please visit www.safefleet.net.

Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. Seale Capital, Inc., an affiliate of Seale & Associates, Inc., is a registered broker dealer and member of FINRA and SIPC. All securities related transactions are cleared through Seale Capital. For more information, please visit www.sealeassociates.com.

By | December 13th, 2017|News, Press Releases|0 Comments

Seale Advises Arca Continental on the Acquisition of Deep River Snacks

MONTERREY, MEXICO – Seale & Associates, Inc. announced it acted as exclusive financial advisor to Arca Continental, S.A.B. de C.V. (BMV: AC), the second-largest Coca-Cola bottler in Latin America and parent company of Wise Snacks, Bokados and Inalecsa, on the acquisition of Deep River Snacks, a premium better-for-you brand snacks company. Deep River Snacks rounds out Arca Continental’s portfolio to capture both the conventional and growing better-for-you segment within the snack category, while partnering with a company whose mission is well aligned with Arca Continental’s Sustainability and Social Responsibility Strategy. Through this acquisition, Arca Continental becomes a more significant player in the salty snacks industry in the United States, now manufacturing, distributing and selling brands like Wise®, Cheez Doodles®, Deep River Snacks® and HONCHOS™.

“This acquisition broadens the process of diversification and complementarity of the snacks portfolio for the U.S. consumer with innovative products and in differentiated segments, allowing us to better serve our customers and enhance the development of our brands,” stated Francisco Garza Egloff, CEO of Arca Continental.

“We are very pleased to have the opportunity again to work closely with our colleagues at Arca Continental in completing a successful follow-on acquisition for the U.S. snacks business that offers a premium better-for-you brand in a high growth snack category” commented Brett M. Carmel, Senior Managing Director, Seale & Associates. Previously, Seale was the exclusive financial advisor to Arca Continental on the acquisition of Wise Foods in December 2012.

Founded in 2001 by Jim Goldberg, Deep River Snacks is a leading authentic brand of premium, better-for-you snacks products distributed throughout the United States. With annual sales of approximately $45 million, Deep River Snacks manufactures premium better-for-you snacks, including kettle cooked potato chips, baked crisps, popcorn and organic seasoned tortilla chips. The company’s product portfolio is made with non-G.M.O. ingredients, certified gluten-free, vegetarian, kosher, nut-free and cooked exclusively in sunflower oil. Additionally, Deep River Snacks’ product packaging features charities that have impacted employees of the company.

Arca Continental is a company dedicated to the production, distribution, and sale of non-alcoholic beverages which are brand names of The Coca-Cola Company as well as salty snacks under the brands of Bokados in Mexico, Inalecsa in Ecuador, and Wise in the United States. With an outstanding track record of more than 91 years, Arca Continental is the second largest Coca-Cola bottling company in Latin America and one of the most important in the world. Within its Coca-Cola franchise, the company serves a population of more than 83 million in the northern and western parts of Mexico as well as Ecuador, Peru, the northern region of Argentina and the Southwestern United States. Arca Continental had total sales of approximately US$6.7 billion for the last twelve months as of September 30, 2017. Arca Continental is listed on the Mexican Stock Market under the ticker symbol “AC” with a current market capitalization of approximately US$11.8 billion.

Seale & Associates, headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. Seale Capital, Inc., an affiliate of Seale & Associates, Inc., is a registered broker dealer and member of FINRA and SIPC. All securities related transactions are cleared through Seale Capital, Inc. For more information please visit: www.sealeassociates.com

By | November 30th, 2017|News, Press Releases|0 Comments