Transaction Announcements – Category Posts from The Forbes M+A Group. Research via our Knowledge Base and get access to M&A articles, news, and other info.

The Forbes M+A Group Represents Eldorado Artesian Springs, Inc. in Successful Capital Raise and Recapitalization

Greenwood Village, Colo., United States (November 16, 2016) – The Forbes M+A Group, a leading transaction advisory firm, is pleased to announce its client, Eldorado Artesian Springs, Inc., has successfully completed a multi-million dollar capital raise and recapitalization. The Forbes M+A Group’s President, Bob Forbes, and DealSource’s Managing Director, Jon Wiley, served as exclusive financial counsel for this transaction.

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The Forbes M+A Group Represents Eldorado Artesian Springs, Inc. in Successful Capital Raise and Recapitalization

Greenwood Village, Colo., United States (November 16, 2016) – The Forbes M+A Group, a leading transaction advisory firm, is pleased to announce its client, Eldorado Artesian Springs, Inc., has successfully completed a multi-million dollar capital raise and recapitalization. The Forbes M+A Group’s President, Bob Forbes, and DealSource’s Managing Director, Jon Wiley, served as exclusive financial counsel for this transaction.

“Over the past 30 years, Eldorado’s management team has provided strong leadership and vision, driving continuous growth, market leadership and success,” said Bob Forbes, President for The Forbes M+A Group. “We were privileged to work with Eldorado in securing the funding they needed to consolidate ownership back to management and implement future expansion plans.”

eldo_logo-color_nobg_largeEldorado Artesian Springs, Inc. is a Colorado based company that is primarily involved in the bottling and marketing of natural artesian spring water.  The spring water is a multiple time medal award winner at the Berkley Springs Festival of Waters, the most prominent water tasting competition in the world.

Eldorado was founded in 1983 with the purchase of 40 acres of land, the artesian springs, eleven wells, water rights, a bottling plant, a warehouse, and the resort pool in Eldorado Springs, CO. In April of 1986, Eldorado Artesian Springs, Inc. became a public company listed on the NYSE.  Continuous growth over the years necessitated expansion and in 2001, Eldorado built a 38,000 sq. foot state-of-the-art bottling and distribution facility in Louisville, CO.

“I feel extremely fortunate to have been introduced to Bob Forbes and Jon Wiley, their experience and expertise combined with a thorough comprehension of our company objectives made it possible for us to secure a deal that will help Eldorado be successful,” said Doug Larson, President at Eldorado Artesian Springs. “Their guidance was invaluable as we reviewed offers and negotiated a deal structure that was exactly what we needed. We now have a great financial partner that is helping us get back to our entrepreneurial roots, for even greater success.”

“Eldorado’s management team knows the water business inside and out,” said Jon Wiley, Managing Director at DealSource Partners, who worked with The Forbes M+A Group on advising Eldorado Artesian Springs. “This knowledge combined with a clear vision for future growth made Eldorado very attractive to investors. We we were pleased to position the company in a way that generated multiple offers and potential capital structures. It was rewarding to help the management team secure the resources it needed to become more nimble and flexible.”  DealSource Partners provides strategic advisory services to middle market companies nationwide.

The approximately $9 million capital raise from a large financial services organization will be used to convert the company back to private ownership as well as purchase new assets for continued growth.

About The Forbes M+A Group

The Forbes M+A Group is an award-winning Denver, CO-based mergers and acquisitions advisory firm. The firm serves buyers or sellers in middle-market M&A transactions. It applies meticulous attention to detail in helping business owners develop and execute M&A strategy, acquire companies and partner with investor groups for growth, and maximize value in an eventual exit. Senior advisors at The Forbes M+A Group have more than 150 years of combined experience in transactions across a wide variety of industries. For more information on the company, please visit: www.forbesma.com or phone 303-770-6017.

Media Contact: Lisa Holmes +1 (303) 770-6017, lisa@ForbesMA.com

The Forbes M+A Group Advises the Restaurant Source in Successful Acquisition

Greenwood Village, Colo., United States (July 19, 2016) – The Forbes M+A Group (www.forbesma.com), a leading transaction advisory firm, is pleased to announce the successful acquisition of its client, The Restaurant Source.  The Forbes M+A Group senior advisors, Jim Johnston and Bill Nack, served as the exclusive financial counsel to Restaurant Source for this transaction.

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The Forbes M+A Group Advises the Restaurant Source in Successful Acquisition

Greenwood Village, Colo., United States (July 19, 2016) – The Forbes M+A Group (www.forbesma.com), a leading transaction advisory firm, is pleased to announce the successful acquisition of its client, The Restaurant Source.  The Forbes M+A Group senior advisors, Jim Johnston and Bill Nack, served as the exclusive financial counsel to Restaurant Source for this transaction.

“The Restaurant Source has been a well-respected, family-owned business for over forty years,” said Jim Johnston, Managing Director for The Forbes M+A Group. “Multiple generations have worked hard to build this company into an undeniable industry leader and we are honored they trusted us to help them complete a successful transaction that will extend the company’s legacy for many years to come. It was a pleasure to get to know all of them and we are extremely happy to have helped orchestrate a deal that met the diverse needs of the entire family.”

Founded in 1951, The Restaurant Source designs, sells and installs food service supplies and equipment to customers in Colorado’s Front Range. The Restaurant Source’s website, one of the most comprehensive food service supply and equipment resource on line, was launched to give customers the ability to shop at their own time and pace. “As a family-owned business we had many different people involved with many different selling objectives,” said Arnie Schatz, CEO of The Restaurant Source. “The Forbes M+A Group took the time to get to know us. Through this knowledge of our company, they were able to find the right buyer to meet everyone’s goals. We are very appreciative of all they did for us.”

The Forbes M+A Group specializes in providing senior-level advice to lower and middle market businesses. “The Restaurant Source has a strong foothold in a strategic market and extensive industry expertise,” said Bill Nack, Managing Director at The Forbes M+A Group. “Although family-owned business transactions can be complicated, the relationship we had with the decision makers at The Restaurant Source allowed us to help them successfully navigate the intricate selling process and achieve an outcome that met their monetary and cultural-fit goals. We wish both parties all the best going forward.”

Details on the acquirer and transaction can be found at BE in the Kitchen.

About The Forbes M+A Group

The Forbes M+A Group is an award-winning Denver, CO-based mergers and acquisitions advisory firm. The firm serves buyers or sellers in middle-market M&A transactions. It applies meticulous attention to detail in helping business owners develop and execute M&A strategy, acquire companies and partner with investor groups for growth, and maximize value in an eventual exit. Senior advisors at The Forbes M+A Group have more than 150 years of combined experience in transactions across a wide variety of industries. For more information on the company, please visit: www.forbesma.com or phone 303-770-6017.

Media Contact: Lisa Holmes +1 (303) 770-6017, lisa@ForbesMA.com

The Forbes M+A Group Represents Archipelago IS, LLC in Acquisition by Tectonic

Greenwood Village, CO, United States (October 22, 2015) – The Forbes M+A Group (www.forbesma.com), a leading transaction advisory firm, is pleased to announce the acquisition of Archipelago IS, LLC by Tectonic, a technology and business consulting firm and leading provider of insight to action solutions. This acquisition positions Tectonic as the leading consulting and solutions firm focused in the big data ecosystem, analytics, strategy advisory services, CRM and marketing technology across all clouds. The Forbes M+A Group served as the exclusive financial advisor to Archipelago. “Big data analytics is a fast-paced and innovative field,” said Adams Price, Managing Director of The Forbes M+A Group. “Representing Archipelago, a clear leader in this cutting-edge industry, was an honor. Julie Burrows and her team created a company with vision, integrity and a suite of services that help some of the largest, most well-known companies in the world leverage data to optimize performance.  We are happy to have helped them find a partner that positions them for even greater growth.”

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The Forbes M+A Group Represents Archipelago IS, LLC in Acquisition by Tectonic

Greenwood Village, CO, United States (October 22, 2015) – The Forbes M+A Group (www.forbesma.com), a leading transaction advisory firm, is pleased to announce the acquisition of Archipelago IS, LLC by Tectonic, a technology and business consulting firm and leading provider of insight to action solutions. This acquisition positions Tectonic as the leading consulting and solutions firm focused in the big data ecosystem, analytics, strategy advisory services, CRM and marketing technology across all clouds. The Forbes M+A Group served as the exclusive financial advisor to Archipelago. “Big data analytics is a fast-paced and innovative field,” said Adams Price, Managing Director of The Forbes M+A Group. “Representing Archipelago, a clear leader in this cutting-edge industry, was an honor. Julie Burrows and her team created a company with vision, integrity and a suite of services that help some of the largest, most well-known companies in the world leverage data to optimize performance.  We are happy to have helped them find a partner that positions them for even greater growth.”

archipelagoArchipelago IS is a strategic IT consultancy and professional services firm with expertise in big data strategy and solution design and implementation. Archipelago is also one of only four Google Authorized Trainers in the United States, allowing them to offer exclusive Google Cloud Platform training courses.  “The Forbes M+A Group was an invaluable partner throughout the acquisition process,” said Julie Burrows, Archipelago Founder and current Senior Vice President at Tectonic. “From the beginning, our advisor fought hard to structure the best transaction for us, while also guiding us through each step of the process. We were extremely fortunate to have them on our side.”

The acquisition of Archipelago IS positions Tectonic to be the leading consulting and solutions firm focused on the big data ecosystem, analytics, strategy advisory services, CRM and marketing technology across all clouds. “Archipelago brings the most comprehensive, integrated suite of big data analytics services, including strategy, data management, data visualization, and data science, which, combined with Tectonic’s big data capability, positions us to be the leading consulting and solutions firm in the ecosystem,” said Blair Linville, Tectonic’s Founder and CEO.

For more information about the transaction, please contact Adams Price at (303) 562-1960 or Adams.price@forbesma.com.

About The Forbes M+A Group

The Forbes M+A Group is an award-winning Denver, CO-based mergers and acquisitions advisory firm. The firm serves sellers or buyers in middle-market M&A transactions. It applies meticulous attention to detail in helping business owners develop and execute M&A strategy, acquire companies and partner with investor groups for growth, and maximize value in an eventual exit. Senior advisors at The Forbes M+A Group have more than 150 years of combined experience in transactions across a wide variety of industries. For more information on the company, please visit: www.forbesma.com or phone 303-770-6017.

The Forbes M+A Group Represents Energy-Efficiency Advisory Firm, Populus LLC, in Acquisition by CLEAResult

Greenwood Village, CO, United States (August 6, 2014) – The Forbes M+A Group is pleased to announce the successful acquisition of its client, Populus LLC, by CLEAResult. The Forbes M+A  Group senior advisors, Bill Nack and Jim Johnston, served as the exclusive financial counsel to Populus for this transaction. “Populus is nationally recognized for implementing extremely successful energy advisor programs,” said Bill Nack, Managing Partner of The Forbes M+A Group. “Their unique client-based approach has created a remarkable and compelling business. As part of the CLEAResult solutions portfolio, Populus will be able to expand its reach even further to affect energy usage at a national level. It is a terrific combination and an exciting time for both companies.”

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The Forbes M+A Group Represents Energy-Efficiency Advisory Firm, Populus LLC, in Acquisition by CLEAResult

Greenwood Village, CO, United States (August 6, 2014) – The Forbes M+A Group is pleased to announce the successful acquisition of its client, Populus LLC, by CLEAResult. The Forbes M+A  Group senior advisors, Bill Nack and Jim Johnston, served as the exclusive financial counsel to Populus for this transaction. “Populus is nationally recognized for implementing extremely successful energy advisor programs,” said Bill Nack, Managing Partner of The Forbes M+A Group. “Their unique client-based approach has created a remarkable and compelling business. As part of the CLEAResult solutions portfolio, Populus will be able to expand its reach even further to affect energy usage at a national level. It is a terrific combination and an exciting time for both companies.”

Populus focuses on designing and implementing residential energy efficiency programs for municipalities and utilities that often must meet renewable energy and conservation mandates. Its distinctive approach combines building science, behavioral science, big data analysis and human relationships to achieve high levels of consumer participation.

“Populus chose to work with The Forbes M+A Group because we valued its understanding of the energy and clean tech industry, and we wanted a firm with national reach and a strong Colorado presence,” said Laura Hutchings, Chief Executive Officer for Populus LLC. “The entrepreneurial background and experience of The Forbes M+A Group’s advisors created a strong collaborative relationship. Bill and Jim were unwavering in their advocacy and personally committed to ensuring that we not only received a successful financial outcome, but that we consummated a transaction that was consistent with the long-term goals, culture and vision of the Populus team.”

“With Populus’ success at converting program participants to make investments in energy efficiency upgrades and its people-focused approach, it fits perfectly with our own goal of helping our client’s customers improve how they use energy,” said Glenn Garland, President & CEO of CLEAResult. “The addition of Populus to CLEAResult allows us to offer an innovative and proven approach that helps guide utility customers to achieve greater energy savings through technology-enabled services. Together we will continue to fulfill on our promise of helping change the way people use energy.”

About The Forbes M+A Group

The Forbes M+A Group is an award-winning Denver, CO-based mergers and acquisitions advisory firm. The firm serves buyers or sellers in middle-market M&A transactions. It applies meticulous attention to detail in helping business owners develop and execute M&A strategy, acquire companies and partner with investor groups for growth, and maximize value in an eventual exit. Senior advisors at The Forbes M+A Group have more than 150 years of combined experience in transactions across a wide variety of industries. For more information on the company, please visit: www.forbesma.com or phone 303-770-6017.

Media Contact: Lisa Holmes +1 (303) 770-6017, lisa@ForbesMA.com

The Forbes M+A Group Represents New Tech Machinery in Acquisition by Mazzella Companies

Greenwood Village, CO, United States (June 23, 2015) – The Forbes M+A Group (www.forbesma.com), a leading transaction advisory firm, today announced the successful acquisition of its client, New Tech Machinery by Mazzella Companies, one of the largest group of companies in the manufacture and distribution of lifting equipment and architectural metal roofing materials. The Forbes M+A Group served as the exclusive financial counsel to New Tech Machinery for the transaction.

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The Forbes M+A Group Represents New Tech Machinery in Acquisition by Mazzella Companies

Greenwood Village, CO, United States (June 23, 2015) – The Forbes M+A Group (www.forbesma.com), a leading transaction advisory firm, today announced the successful acquisition of its client, New Tech Machinery by Mazzella Companies, one of the largest group of companies in the manufacture and distribution of lifting equipment and architectural metal roofing materials. The Forbes M+A Group served as the exclusive financial counsel to New Tech Machinery for the transaction.

“New Tech Machinery is a worldwide brand leader and regarded as one of the premier machine producers in the metal construction industry,” said Bob Forbes, president of The Forbes M+A Group. “Its solid reputation, customer-focus and high-quality products made it a remarkable and exciting business opportunity. As part of Mazzella’s diverse portfolio, New Tech Machinery will be able to expand its reach even further. It is a solid combination and an exciting time for both companies.”

NTM-Logo-300-dpiNew Tech Machinery is based in Denver, CO with manufacturing facilities in Hermosillo, Mexico. The family-owned business has been manufacturing portable rollforming equipment for the past 24 years and has customers in more than 40 countries. The company engaged The Forbes M+A Group a year ago to assist in developing both a growth strategy and an exit plan.  “When it came time to explore transaction opportunities, we wanted advice and direction from a team with experience navigating the complex transaction process within our industry. Fortunately, we found The Forbes M+A Group,” said Roger Geer, chief operating officer of New Tech Machinery. “They were instrumental in helping us through the entire process. With their assistance, we successfully closed a deal that was in the best interest of all parties.”

Mazzella Companies acquired New Tech Machinery to add to its already diverse product offerings, which include a full range of rigging products, the manufacturing and servicing of overhead cranes, and engineered overhead lifting devices. “The acquisition of New Tech Manufacturing will enhance Mazzella Companies’ international manufacturing capabilities and help solidify our leadership in the architectural metal roof and wall industries,” said Tony Mazzella, chief operating officer of Mazzella Companies.

About The Forbes M+A Group

The Forbes M+A Group is an award-winning Denver, CO-based mergers and acquisitions advisory firm. The firm serves sellers or buyers in middle-market M&A transactions. It applies meticulous attention to detail in helping business owners develop and execute M&A strategy, acquire companies and partner with investor groups for growth, and maximize value in an eventual exit. Senior advisors at The Forbes M+A Group have more than 150 years of combined experience in transactions across a wide variety of industries. For more information on the company, please visit: www.forbesma.com or phone 303-770-6017.

Media Contact: Lisa Holmes +1 (303) 770-6017, lisa@ForbesMA.com

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