News

VRA Partners Advises Southwire Company, LLC on its Acquisition of DCN Cables, LLC

VRA Partners, LLC is pleased to announce that Southwire Company, LLC (“Southwire”) has acquired DCN Cables, LLC (“DCN”), a leading manufacturer of power delivery whips and other custom cabling products and solutions. The transaction closed on October 16, 2017. VRA Partners acted as the exclusive financial advisor to Southwire on this transaction. Terms of the transaction were not disclosed. A …

VRA Partners Advises Pittsburgh International Telecommunications on its Sale to PSSI Global Services, LLC

VRA Partners, LLC is pleased to announce that Pittsburgh International Telecommunications (“PIT” or the “Company”), the owner and operator of a teleport transmitting media globally, has been acquired by PSSI Global Services, LLC (“PSSI”). The transaction closed on June 16, 2017. VRA Partners acted as the exclusive financial advisor to PIT. Terms of the transaction were not disclosed. PIT owns …

VRA Partners Advises Ipro Tech, LLC on its Sale to ParkerGale Capital

ATLANTA – VRA Partners, LLC is pleased to announce that Ipro Tech, LLC (“Ipro” or the “Company”), a global leader in the development of advanced electronic discovery (“eDiscovery”) software solutions, has been acquired by ParkerGale Capital (“ParkerGale”). VRA Partners acted as the exclusive financial advisor to Ipro. Terms of the transaction were not disclosed. Ipro is a global leader in …

VRA Partners Advises Gerdau on its Sale of Atmosphere Annealing and NitroSteel to Z Capital Partners

VRA Partners, LLC is pleased to announce that Atmosphere Annealing (“AA”) and NitroSteel (“NS”) have been acquired by Z Capital Partners, LLC. Both businesses were previously divisions of Gerdau S.A. (NYSE:GGB). VRA Partners acted as the exclusive financial advisor to Gerdau. Terms of the transaction were not disclosed. Going forward AA and NS will collectively be known as Premier Thermal …

VRA Partners Advises Party City of the Carolinas on its Sale to Party City Corporation

VRA Partners is pleased to announce that Party City of the Carolinas has been acquired by Party City Corporation, a subsidiary of Party City Holdco (“Party City” or the “Company”), the leading, vertically-integrated party goods retailer in North America. Headquartered in Matthews, North Carolina, Party City of the Carolinas is one of the largest franchisees in the Party City system, …

VRA Partners, LLC Advises Pharmatek Systems, LLC on its Sale to McKesson Pharmacy Optimization LLC

VRA Partners, LLC is pleased to announce that Pharmatek Systems, LLC (“Pharmatek” or the “Company”), a leading provider of hospital pharmacy cost containment and revenue cycle strategies, has been acquired by McKesson Pharmacy Optimization LLC, a subsidiary of McKesson Corporation (NYSE:MCK). VRA Partners acted as the exclusive financial advisor to Pharmatek. Terms of the transaction were not disclosed. Pharmatek …

VRA Partners, LLC Advises Southwire Company, LLC on its Acquisition of Sumner Manufacturing Co. Inc.

VRA Partners, LLC is pleased to announce that Southwire Company, LLC (“Southwire”) has acquired Sumner Manufacturing Co., Inc. (“Sumner”), a manufacturer of material lifts, jack stands, welding tools, material carts and other tools and equipment for the construction market. VRA Partners acted as the exclusive financial advisor to Southwire on this transaction. Terms of the transaction were not disclosed. …

VRA Partners, LLC Advises Union Corrugating Company on its Sale to Industrial Opportunity Partners

VRA Partners, LLC is pleased to announce that Union Corrugating Company (“Union” or the “Company”), a leading manufacturer and distributor of metal roofing systems and a portfolio company of Chicago Growth Partners (“CGP”), has been acquired by Industrial Opportunity Partners (“IOP”). VRA Partners acted as the exclusive financial advisor to Union and CGP. Terms of the transaction were not …

VRA Partners, LLC Advises RE/MAX Regional Services on its Sale to RE/MAX, LLC

VRA Partners, LLC is pleased to announce that RE/MAX Regional Services (“RRS”), the independent owner and operator of the Master Franchise of the Georgia, Kentucky / Tennessee and Southern Ohio Regions, has been acquired by RE/MAX, LLC (“RE/MAX”). VRA Partners acted as the exclusive financial advisor to RRS. Terms of the transaction were not disclosed. Headquartered in Alpharetta, Georgia, …

VRA Partners, LLC Advises Main Street Capital Corporation on its Sale of Travis Body & Trailer, Inc. to Truck Bodies & Equipment International, Inc.

VRA Partners, LLC is pleased to announce that Travis Body & Trailer, Inc. (“Travis”), a leading manufacturer of all-aluminum dump trailers and a portfolio company of Main Street Capital Corporation (“Main Street”) (NYSE: MAIN), has been acquired by Truck Bodies & Equipment International, Inc. (“TBEI”). VRA Partners acted as the exclusive financial advisor to Main Street and Travis. Terms of …