FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Press Releases / Read Press Release

Print

Mergers & Acquisitions Announces 2012 M&A Mid-Market Award Winners

February 20, 2013, 07:29 AM
Filed Under: Industry News


Mergers & Acquisitions announced the winners of its sixth annual M&A Mid-Market Awards. The awards honor the leading dealmakers and the deals that set the standard for transactions with an enterprise value of less than $1 billion.

Mergers & Acquisitions, a SourceMedia brand, is a resource for middle-market dealmakers, providing news, analysis and features through its daily website and monthly magazine.

Dealmaker of the Year honors were bestowed on Mark Brady, global head of M&A for William Blair & Co. The editors cited the 20-year veteran for delivering premium valuations, including the sale of TMW Systems Inc., which gave owner Pamlico Capital a return of 11 times its original investment. Pamlico partner Walker Simmons called Brady a "master at knowing what to do when the final bids come in."

The Riverside Co. was recognized as Private Equity Firm of the Year. Riverside put up record numbers in 2012 -- its 36 acquisitions and 14 exits included the 300th transaction in the firm's history. The private equity firm also fared well in fundraising, enjoying the first close on two new funds.

Starbucks Corp.'s $620 million purchase of Teavana Holdings Inc. was recognized as Deal of the Year. With Teavana, Starbucks hopes to forge a whole new consumer culture focused on tea, as it did with coffee decades ago.

This year's honorees, which are chosen by the editors of Mergers & Acquisitions, all stood out for their ability to thrive despite industry headwinds, said Editor in Chief Mary Kathleen Flynn.

"Winners of the M&A Mid-Market delivered success stories in a year that saw deal activity shrink in value and volume terms from the previous year," Flynn said. "Every one of our honorees offers proof that even in tough markets, execution and vision can prevail."

In addition, Mergers & Acquisitions recognized the following firms:

  • Blue Sage Capital as Seller of the Year. Its sale of R360 Environmental Solutions Inc. to Waste Connection for $1.3 billion scored 63 times its original investment.
  • Covidien plc as Strategic Buyer of the Year. The medical equipment and supply company's aggressive dealmaking netted half a dozen acquisitions in fast-growing categories.
  • Harris Williams & Co. as Investment Bank of the Year. During a down year for overall M&A, the boutique investment bank grew 60% in deal value and 50% in deal volume over 2011.
  • Madison Capital Funding LLC as Lender of the Year. The firm expanded its innovative managed-account offerings, which allowed it to increase its hold sizes and attracted a valuable new partner in Apollo Investment Corp.
  • K&L Gates LLP as Law Firm of the Year. K&L had an impressive year, particularly on the international front as it advised on cross-border transactions and struck a merger deal of its own with Middletons in Australia.

To be eligible for Mergers & Acquisitions' M&A Mid-Market Awards, deals must have closed during the previous year, involved a U.S.-based company as either buyer or seller and be valued at or below roughly $1 billion.







Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.