A&M CAPITAL PARTNERS | 10.08.19

Brady Acquires Majority Interest in Massco

Las Vegas, NV – Brady Industries (“Brady”), a portfolio company of A&M Capital Partners II (“AMCP”), a middle-market private equity fund that is part of the Alvarez & Marsal Capital (”AMC”) platform, acquired MASSCO, Inc. (“MASSCO”), a leading regional distributor of janitorial, office and packaging supplies.

Founded in 1982 and headquartered in Wichita, Kansas, MASSCO has a tenured history as a solutions based janitorial, office and packing provider throughout Kansas, Missouri, Oklahoma and its surrounding areas.

MASSCO complements Brady by further diversifying its product mix, geographic footprint and end-market exposure.  The combination expands Brady into the attractive industrial packaging segment, is strategically located near Brady’s recent acquisition of Datek, and increases Brady’s distribution footprint into three new states.

About Brady:
Brady has been pioneering the way products and solutions are delivered to facility and foodservice professionals for more than 70 years.  At the heart of Brady’s operation is a community-minded culture driven by a workforce of more than 500 employees currently in 20 locations throughout Nevada, Utah, Arizona, Arkansas, Idaho, Kansas, Missouri, New Mexico, Oklahoma, Colorado, Maryland, California and Texas including its Las Vegas, Nevada headquarters.

Brady’s approach to partnership is unique by providing integrated customer support, expertise, technical support, and service across a full spectrum of customer needs including extensive facility offerings, complete dish machine and laundry machine service, equipment sales, rentals and service and foodservice supplies.  Brady provides these specialized solutions for customers in key commercial market segments including hospitality, education, healthcare, government, building service contractors and more.  More information on Brady can be found on the Company’s website, www.bradyindustries.com.

About A&M Capital Partners:
A&M Capital Partners, with total assets under management of $1.8 billion, is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America.  AMCP Fund I held its final close in 2014 with $600 million in capital commitments.  Between 2012 and 2020, AMCP Fund I invested in 32 companies to date across eight platforms.  Following the success of AMCP I, in 2019 AMCP Fund II closed with $1.2 billion in commitments.  AMCP has a strong and referenceable track record of serving as a trusted partner to founders, corporates and management teams, providing the capital and strategic assistance required to take businesses to the next level of success.

About Alvarez & Marsal Capital:
Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $3 billion in total assets under management across four funds and three investment strategies.  The privately-owned firm is led by a highly experienced investment team, which is augmented by its strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally-focused advisory firms in the world.  AMC’s business model combines a focus on middle-market private equity investing with the deep operational expertise, industry knowledge and global corporate relationships of A&M, making it a uniquely attractive partner to management teams, corporates and business owners.

A&M CAPITAL PARTNERS | 10.02.19

A&M Capital Partners and Highview Capital Create GS Foods Group, A Merger of Gold Star Foods and Good Source Solutions

A&M Capital Partners (“AMCP”) has partnered with Highview Capital to facilitate the merger of Gold Star Foods, Inc (“Gold Star” or “the Company”), a leading specialized food distributor to K-12 schools, and Good Source Solutions, Inc. (“Good Source”), a specialized food distributor focused on the K-12 schools and corrections segments. The merger will create a new holding company called GS Foods Group (“GS Foods”) to be led by Sean Leer as the CEO.

The combination of Gold Star and Good Source will establish a new leader in specialized foodservice distribution for the K-12 schools, corrections and other segments requiring specialized products and services. GS Foods will focus on these segments with sales and marketing programs tailored to meet customer needs, ultimately working to ensure that more students and customers have access to healthy, delicious and high-quality meals each day. The combined company will have a national footprint with substantial market presence across the United States, serving over 8,000 customers nationwide.

The transaction will bring together two companies with sophisticated sales and marketing, procurement, distribution, logistics and service capabilities, creating a national platform serving these markets. Gold Star and Good Source will continue to operate under their current names and branding in the foodservice industry, and each will continue to be led by their current management teams, with Sean Leer and Rich Friedlen serving as Presidents of Gold Star and Good Source, respectively. This transaction will enable both Gold Star and Good Source to better deliver specialized products and services to meet their customers’ needs.

“The combination of Good Source and Gold Star will create a national leader in specialized food distribution, of which we are excited to build upon both through organic growth and future acquisition opportunities” said Jack McCarthy Jr., Managing Partner & Founder of Alvarez & Marsal Capital (“AMC”).

Kurt Kaull, Senior Partner said, “We are excited to invest behind the accomplished management teams and synergies associated with Good Source and Gold Star. Under the leadership of Sean Leer and alongside the merger integration capabilities of Alvarez & Marsal (“A&M”), GS Foods will be best-in-class and a leader in the food distribution industry.”

Sean Leer, President of Gold Star, said, “This is an exciting new chapter for our combined company and its employees, as well as the communities and school districts that we serve across the United States. Good Source is a like-minded partner with an exceptional management team and equally fierce commitment to providing safe, top-quality and sustainably sourced food. Combined, our companies will create an innovative platform to transform the supply system for school nutrition programs.”

Piper Jaffrey advised Gold Star on the transaction. Kirkland & Ellis LLP, Sidley Austin LLP and Alvarez & Marsal advised the buyer group.

About GS Foods

GS Foods Group is a family of specialized foodservice distribution companies. GS Foods uses its sophisticated network of facilities to provide trusted food distribution and product solutions to specialized foodservice segments, including education, corrections, non-profit, business & industry and healthcare. GS Foods’ independent subsidiaries, Good Source Solutions, Inc. and Gold Star Foods, Inc., collectively serve over 8,000 customers nationwide. GS Foods is a portfolio company of Alvarez & Marsal Capital Partners and Highview Capital LLC.

About Gold Star Foods, Inc.

Gold Star Foods, Inc. is a leading distributor of wholesome, fresh and nutritious foods to students in K-12 schools. Based in Ontario, CA with facilities and operations across the Southwest United States, Gold Star serves students in over 3,500 K-12 schools in more than 500 school districts. Gold Star is proud to have been recognized nationwide for their innovation and partnership with both the USDA and the School Nutrition Association.

About Good Source Solutions, Inc

Good Source Solutions, Inc. is a specialized food distributor with sophisticated procurement and logistical capabilities, serving a wide spectrum of value-focused end markets through a national network of facilities. Good Source’s products focus on center-of-plate with an offering that includes poultry, meats, pasta, fruits, vegetables, bakery items, beverages, appetizers, sides, and snacks. Additionally, the Company provides menu & recipe planning and value-added product enhancements addressing complex packaging, labeling, nutrition, and dietary requirements. Good Source serves thousands of public and private-sector customers in the education, corrections, food service, healthcare, and non-profit markets, among others.

About A&M Capital Partners

A&M Capital Partners, with total capital commitments of $1.8 billion, is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America. AMCP Fund I held its final close in 2014 with $600 million in capital commitments. Between 2012 and 2019, AMCP Fund I invested in 29 companies to date across eight platforms. Following the success of AMCP I, in 2019 AMCP Fund II closed with $1.2 billion in commitments. AMCP has a strong and referenceable track record of serving as a trusted partner to founders, corporates and management teams, providing the capital and strategic assistance required to take businesses to the next level of success.

About Alvarez & Marsal Capital

Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $3 billion in total capital commitments across four funds and three investment strategies. The privately-owned firm is led by a highly experienced investment team, which is augmented by its strategic association with Alvarez & Marsal, one of the largest operationally-focused advisory firms in the world. AMC’s business model combines a focus on middle-market private equity investing with the deep operational expertise, industry knowledge and global corporate relationships of A&M, making it a uniquely attractive partner to management teams, corporates and business owners.

About Alvarez & Marsal

Alvarez & Marsal is a privately-owned independent global professional services firm that leverages an industry leading group of experienced operating executives who help businesses improve performance, solve problems and unlock value for stakeholders. A&M has ~4,000 operating professionals and employees in 59 offices across North America, Europe, the Middle East, Asia and South America. A&M has expertise across all major industry sectors and extensive functional capabilities in nearly all primary areas of a business enterprise including, among others, operations, revenue enhancement, sales and marketing, manufacturing, IT, finance, working capital management, supply chain and logistics, real estate, human capital management, merger integration and carve-out support.

A&M CAPITAL PARTNERS | 09.16.19

A&M Capital Europe and Bollé Brands Acquire SPY

Bollé Brands, a portfolio company of A&M Capital Europe (“AMCE”), a London based middle-market private equity firm managing €575 million of committed capital, has acquired SPY Inc (“SPY”), a designer and supplier of premium performance eyewear and helmets.

Founded in 1994 as a grassroots brand in Southern California, SPY designs, markets and distributes premium sunglasses, prescription eyewear, goggles and helmets. SPY, symbolized by the distinct “cross” logo, is a cutting-edge disruptive brand creating trendsetting products with a strong reputation for its high quality.

SPY is highly complementary to Bollé Brands in terms of brand proposition, channel mix and geographic presence. The combination will significantly bolster Bollé Brands’ scale in North America, will allow SPY to benefit from increased investment in product development and distribution, and will facilitate an international expansion of the SPY brand beyond its current footprint.

About Bollé Brands

Bollé Brands is a leading eyewear & head protection group that designs, markets and distributes sunglasses, goggles and protective helmets & eyewear under the Bollé, Bollé Safety, Cébé, Serengeti and H2Optix brands. The company was founded in France in 1888 and has developed a particular strength in the specialty markets of snow sports, water sports, cycling, running, tennis and premium sports lifestyle & fashion. Today, Bollé Brands products are distributed and worn all over the world and the company constantly refines its trademark combination of performance, fit, fashion and comfort, resulting in some of the most technologically advanced eyewear in the industry. Excellence in product innovation and creativity is at the heart of Bollé Brands’ strategy.

About A&M Capital Europe

A&M Capital Europe, with total capital commitments of €575 million, is Alvarez & Marsal Capital’s European middle-market investment strategy. AMCE leverages a highly experienced team of professionals, together with A&M Consulting’s 18 European offices to bring pan-European operating capabilities and industry relationships to bear in the sourcing, due diligence and post-acquisition monitoring and performance improvement of investment opportunities. AMCE has a strong and referenceable track record of serving as a trusted partner to founders and management teams, providing the capital and strategic assistance required to take businesses to the next level of success.

About Alvarez & Marsal Capital

Alvarez & Marsal Capital (“AMC”) is a multi-strategy private equity investment firm with over $3 billion in total capital commitments across three investment strategies. The firm is led by a highly experienced investment team, which is augmented by its strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally focused advisory firms in the world. AMC uniquely combines a focus on middle-market private equity investing, with the deep operational expertise, industry knowledge and global corporate relationships of A&M, making it a uniquely attractive partner to management teams and business owners.

A&M CAPITAL PARTNERS | 08.15.19

Alvarez & Marsal Capital Closes $1.2 Billion A&M Capital Partners Fund II

Exceeds Original Fund Target of $800 million

Greenwich, CT | August 15, 2019 – Alvarez & Marsal Capital (“AMC”), a multi-strategy private equity investment firm with over $3 billion in total capital commitments across four funds and three investment strategies, announced today that its flagship investment strategy focused on middle-market control transactions in North American held the final closing on A&M Capital Partners Fund II (“AMCP II” or “Fund II”) at its hard cap of $1.2 billion, exceeding its original target of $800 million.  AMC is strategically associated with Alvarez and Marsal (“A&M”), one of the largest operationally-focused advisory firms in the world.

Fund II will enable A&M Capital Partners to continue pursuing investments in middle-market companies that are undergoing a management / ownership transition or can benefit from access to significant operational expertise in the areas of corporate carve-outs, consolidation strategies, special situations or businesses requiring specific operational issues or management needs.  AMCP II received strong demand from AMC’s diverse network of existing investors plus investors new to AMC, including public pension funds, corporate plans, insurance companies, fund-of-funds, foundations, endowments and family offices.  In total, the General Partner and its related entities committed approximately $90mm to AMCP II and comprise ~7.5% of it committed capital.

“We are extremely pleased with the outcome of AMCP II and are fortunate to count some of the largest and most sophisticated private equity investors as our partners.  Existing investors from AMCP I significantly increased their commitments to Fund II and we are excited to add several new prestigious limited partners to our partnership” said Mike Odrich, Managing Partner & Founder of AMC.  “AMCP II will provide us the capital we need to execute our investment strategy across the economic cycle.  Fund II is off to a terrific start with three investment platforms that include eight companies.  We look forward to continuing to partner with founders, corporates and management teams through bespoke transactions to create significant value for our stakeholders” added Jack McCarthy, Managing Partner & Founder of AMC.

Evercore Partners and Stifel, Nicolaus & Company acted as fundraising advisors and Simpson Thacher & Bartlett LLP acted as legal advisor.

About A&M Capital Partners:

A&M Capital Partners, with total capital commitments of $1.8 billion, is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America.  AMCP Fund I held its final close in 2014 with $600 million in capital commitments.  Between 2012 and 2019, AMCP Fund I invested in 29 companies to date across eight platforms.  Following the success of AMCP I, in 2019 AMCP Fund II closed with $1.2 billion in commitments.  AMCP has a strong and referenceable track record of serving as a trusted partner to founders, corporates and management teams, providing the capital and strategic assistance required to take businesses to the next level of success.

About Alvarez & Marsal Capital:

Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $3 billion in total capital commitments across four funds and three investment strategies.  The privately-owned firm is led by a highly experienced investment team, which is augmented by its strategic association with Alvarez & Marsal, one of the largest operationally-focused advisory firms in the world.  AMC’s business model combines a focus on middle-market private equity investing with the deep operational expertise, industry knowledge and global corporate relationships of A&M, making it a uniquely attractive partner to management teams, corporates and business owners.

About Alvarez & Marsal:

A&M is a privately-owned independent global professional services firm that leverages an industry leading group of experienced operating executives who help businesses improve performance, solve problems and unlock value for stakeholders.  A&M has ~4,000 operating professionals and employees in 59 offices across North America, Europe, the Middle East, Asia and South America.  A&M has expertise across all major industry sectors and extensive functional capabilities in nearly all primary areas of a business enterprise including, among others, operations, revenue enhancement, sales and marketing, manufacturing, IT, finance, working capital management, supply chain and logistics, real estate, human capital management, merger integration and carve-out support.

A&M CAPITAL PARTNERS | 08.07.19

Brady Acquires Majority Interest in Datek

Las Vegas, NV – Brady Industries (“Brady”), a portfolio company of A&M Capital Partners II (“AMCP”), a middle-market private equity fund that is part of the Alvarez & Marsal Capital (“AMC”) platform, acquired Datek, Inc. (“Datek”), a leading regional distributor of cleaning equipment and janitorial supplies.

Founded in 1976 and headquartered in North Little Rock, Arkansas, Datek has an exceptional reputation based on quality products and strong customer relationships throughout Arkansas and its surrounding areas.

Datek complements Brady by expanding its sales channels and diversifying its geographic footprint and end-market exposure.  The combination will improve Brady’s online sales channel by adding the sweepscrub.com and stockmycloset.com e-commerce platforms. Datek expands Brady’s footprint further East as well as increases its supplier network and diversifies its end-market exposure into the attractive long-term care, commercial real estate and education sectors.

About Brady:
Brady has been pioneering the way products and solutions are delivered to facility and foodservice professionals for more than 70 years.  At the heart of Brady’s operation is a community-minded culture driven by a workforce of more than 370 employees currently in 16 locations throughout Nevada, Utah, Arizona, Arkansas, Idaho, New Mexico, Colorado, Maryland, California and Texas including its Las Vegas, Nevada headquarters.

Brady’s approach to partnership is unique by providing integrated customer support, expertise, technical support, and service across a full spectrum of customer needs including extensive facility offerings, complete dish machine and laundry machine service, equipment sales, rentals and service and foodservice supplies.  Brady provides these specialized solutions for customers in key commercial market segments including hospitality, education, healthcare, government, building service contractors and more.  More information on Brady can be found on the Company’s website, www.bradyindustries.com.

About A&M Capital Partners:
A&M Capital Partners, with total assets under management of $1.8 billion, is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America.  AMCP Fund I held its final close in 2014 with $600 million in capital commitments.  Between 2012 and 2020, AMCP Fund I invested in 32 companies to date across eight platforms.  Following the success of AMCP I, in 2019 AMCP Fund II closed with $1.2 billion in commitments.  AMCP has a strong and referenceable track record of serving as a trusted partner to founders, corporates and management teams, providing the capital and strategic assistance required to take businesses to the next level of success.

About Alvarez & Marsal Capital:
Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $3 billion in total assets under management across four funds and three investment strategies.  The privately-owned firm is led by a highly experienced investment team, which is augmented by its strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally-focused advisory firms in the world.  AMC’s business model combines a focus on middle-market private equity investing with the deep operational expertise, industry knowledge and global corporate relationships of A&M, making it a uniquely attractive partner to management teams, corporates and business owners.

A&M CAPITAL PARTNERS | 08.06.19

A&M Capital Europe Acquires La Patria

London, UK | August 2019 – A&M Capital Europe (“AMCE”), a London based middle-market private equity firm that is part of the Alvarez & Marsal Capital (“AMC”) platform, has acquired La Patria, a leading Italian provider of alarm and security surveillance services.

Founded in 1950, La Patria is a best-in-class alarm monitoring security firm which differentiates itself through its high value-add technology enabled alarm service, combined with rapid response manned patrolling intervention.  La Patria provides B2B (~80%) and B2C (~20%) security solutions to more than 12,000 clients across a wide range of end-markets throughout Italy.

Under AMCE’s ownership, La Patria intends to make targeted communication and technology investments to drive organic growth in the Italian B2B and B2C security segments, while also exploring partnership opportunities and acquisitions to create a market leader in remote monitoring services.  La Patria’s CEO Andrea Monti will continue to lead the business following the transfer of ownership.

About A&M Capital Europe:
A&M Capital Europe with total assets under management of €650 million, is Alvarez & Marsal Capital’s European middle-market investment strategy.  AMCE leverages a highly experienced team of investment professionals, together with Alvarez & Marsal’s (“A&M”) 1,100 operating consultants across 23 European offices to bring pan-European operating capabilities and industry relationships to bear in the sourcing, due diligence and post-acquisition performance improvement of investment opportunities.  AMCE has a strong and referenceable track record of serving as a trusted partner to founders, corporates and management teams, providing the capital and strategic assistance required to take businesses to the next level of success.

About Alvarez & Marsal Capital:
Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $3 billion in total assets under management across four funds and three investment strategies.  The privately-owned firm is led by a highly experienced investment team, which is augmented by its strategic association with Alvarez & Marsal, one of the largest operationally-focused advisory firms in the world.  AMC’s business model combines a focus on middle-market private equity investing with the deep operational expertise, industry knowledge and global corporate relationships of A&M, making it a uniquely attractive partner to management teams, corporates and business owners.

About Alvarez & Marsal:
Alvarez & Marsal is a privately-owned independent global professional services firm that leverages an industry leading group of experienced operating executives who help businesses improve performance, solve problems and unlock value for stakeholders.  A&M has over 4,500 operating professionals and employees in 67 offices across North America, Europe, the Middle East, Asia and South America.  A&M has expertise across all major industry sectors and extensive functional capabilities in nearly all primary areas of a business enterprise including, among others, operations, revenue enhancement, sales and marketing, manufacturing, IT, finance, working capital management, supply chain and logistics, real estate, human capital management, merger integration and carve-out support.

A&M CAPITAL PARTNERS | 07.08.19

PatientCare EMS Solutions Acquires Empress Ambulance Service

July 2019 – PatientCare EMS Solutions (“PatientCare”) has acquired Empress Ambulance Service (“Empress”), a provider of emergency and non-emergency ambulance services including advanced life support (“ALS”) and basic life support (“BLS”) services to municipalities and hospital systems across New York’s Westchester County.  Additionally, Empress operates significant ambulance services in the Bronx and Manhattan boroughs, giving the organization a strong overall footprint in Greater New York.

Empress, owned and operated for more than 30 years by the Minerva family, is managed today by brothers Mike, Dan and Matt Minerva, as well as long-time colleague Jim O’Connor.  These experienced ambulance industry operators will continue to serve their established communities on a full-time basis with Empress and will leverage additional capital and technology resources available through PatientCare to expand critical ambulance services and mobile healthcare programs throughout its service area.

PatientCare plans to support Empress with best-in-class technology and resources to enhance financial back office, human resources and other critical functions.  Empress, which will continue to go to market under its current brand and operate from its Yonkers location, represents more than 500 employees who transport approximately 125,000 patients per year.  Empress represents a significant expansion of PatientCare’s portfolio of EMS operations in a variety of geographies, from Florida’s most densely populated county to growing Midwest cities.

About PatientCare:
PatientCare is a leading provider of ground-based 911 emergency ambulance services and other critical healthcare logistics solutions. Headquartered in Tyler, Texas, the company operates growing partnerships with representative customers in Florida, Texas, Indiana, California, South Dakota, Mississippi and New York.  PatientCare is responsible for transporting more than 350,000 patients annually and is committed to providing compassionate quality care and service built around the needs of the patients and communities in which it serves.

About Empress:
Since its inception in 1985, Empress has made a firm commitment to the development of emergency medical services and quality after care transportation in New York State.  Empress has concentrated its efforts towards providing state-of-the-art patient care in a personal and compassionate manner.  Empress is based in the City of Yonkers, New York and provides 911 emergency medical response to Yonkers with additional mutual aid response to neighboring communities.  Additionally, Empress has emergency and non-emergency response contracts throughout Westchester County with districts, hospitals, correctional institutions and private care facilities.

A&M CAPITAL PARTNERS | 01.29.19

Bertram Capital Secures New Platform with Investment in Flow Control Group

San Mateo, CA | January 29, 2019 – Bertram Capital (“Bertram”) announced today it has partnered with the executive management team to acquire Flow Control Group (the “Company”) from AEA Investors SBF. Based in Charlotte, North Carolina, Flow Control Group is the largest independent specialty flow control and fluid handling distribution platform in North America, servicing more than 10,000 customers and 2,000 suppliers. Terms of the transaction were not disclosed.

“Flow Control Group serves a key role in providing mission-critical, complementary products enabling customers to operate their manufacturing facilities efficiently and effectively,” said Jeff Drazan, Managing Partner of Bertram Capital. “Flow Control Group has successfully executed a buy-and-build strategy to acquire the best regional distributors in the industry. In addition to partnering with our industrials team, led by Kevin Yamashita, Tim Heston and Ray Kataria, Flow Control Group will work closely with Bertram Lab’s IT services team to support its growth initiatives.”

Flow Control Group was founded in 2014 and has completed 18 acquisitions since its inception. With 47 locations across the U.S. and Canada, Flow Control Group is well-positioned to serve the evolving needs of a market driven by technical sales and service relationships between distributors and customers, both nationally and locally.

The Company’s senior leadership team, with the support of Bertram, will continue to pursue its buy-and-build strategy, targeting businesses with strong market reputations and entrenched customer and supplier relationships in complementary geographies. The team will also focus on organic growth initiatives, including further diversifying the Company’s product portfolio, expanding its geographic presence and increasing share-of-wallet with existing customers.

A&M Capital Opportunities also participated in the transaction as a direct investor in Flow Control Group.

About A&M Capital Opportunities:
A&M Capital Opportunities (“AMCO”), with total capital commitments of $500 million, is Alvarez & Marsal Capital’s (“AMC”) lower middle-market growth strategy, focused on shared control and structured minority equity investments in North America. AMCO partners with business owners and management teams to help recapitalize and grow businesses, leveraging deep operational capabilities and industry relationships to position them for accelerated long-term growth. AMCO has significant experience with all types of transactions, including growth equity, growth buyouts, recapitalizations, and consolidations of fragmented sectors.

About Alvarez & Marsal Capital:
Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $3 billion in total assets under management across four funds and three investment strategies. The privately-owned firm is led by a highly experienced investment team, which is augmented by its strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally-focused advisory firms in the world. AMC’s business model combines a focus on middle-market private equity investing with the deep operational expertise, industry knowledge and global corporate relationships of A&M, making it a uniquely attractive partner to management teams, corporates and business owners.

A&M CAPITAL PARTNERS | 01.04.19

A&M Capital Acquires Majority Interest in Brady Industries

Las Vegas, NV – Brady Industries (“Brady”), a leading cleaning solutions provider, announced that it has sold a majority interest to Alvarez & Marsal Capital (“A&M Capital”), a middle-market private equity firm with a strategic association with Alvarez & Marsal (“A&M”).

Founded in 1947 and led by CEO Travis Brady, Brady is a premier cleaning solutions provider with a large presence in the Western United States. Based in Las Vegas, the Company operates 15 locations throughout Nevada, Utah, Arizona, Idaho, New Mexico, Colorado, Maryland, California and Texas. Brady partners with its customer to provide unique and integrated services, expertise, and technical support across a wide-range of janitorial and food service supplies and equipment. Brady provides these specialized solutions to customers in hospitality, education, healthcare, government, facility services and various other end-markets.

“We are proud to partner with Travis and are excited as we look to the future at Brady Industries,” said Jack McCarthy Jr., Senior Managing Director and Co-Founder of A&M Capital. “Brady maintains a leading position in its core markets, and we look forward to working alongside the Brady management team to continue its track record of strong growth and customer satisfaction.”

“We have known Travis for several years and are excited to work with him to drive Brady’s next chapter of growth together,” said David Perskie, a Managing Director of A&M Capital. “We believe we will be able to provide Brady with the infrastructure and capital necessary to expand its geographic reach and product offering, both organically and through strategic acquisitions. Travis and senior members of the management team will own a meaningful equity stake in the Company, which reflects the aligned spirit of our partnership and enables us to all share in the future value creation of the Company together.”

“Over the past 70 years, Brady has grown from a small local janitorial supply company to a respected industry leader across multiple regions,” said Travis Brady, CEO. “I first met A&M Capital over 5 years ago when we were looking for a partner to help with the growth and development of Brady Linen Services. A&M Capital proved to be great partners for the linen services business, and I am thrilled to partner with them again. A&M Capital shares the same culture, values and strategic vision that we have at Brady, and brings additional operational and financial resources that help will further our growth objectives while continuing to deliver the same best-in-class cleaning solutions to our customers. We have a tremendous opportunity and an exciting plan to accelerate our growth in partnership with A&M Capital.”

Ballard Rawson Jorgensen advised Brady Industries on the transaction. Winston & Strawn provided legal counsel to A&M Capital.

About Brady:
Brady has been pioneering the way products and solutions are delivered to facility and foodservice professionals for more than 70 years. At the heart of Brady’s operation is a community-minded culture driven by a workforce of more than 350 employees currently in 15 locations throughout Nevada, Utah, Arizona, Idaho, New Mexico, Colorado, Maryland, California and Texas including its Las Vegas, Nevada headquarters.

Brady’s approach to partnership is unique by providing integrated customer support, expertise, technical support, and service across a full spectrum of customer needs including extensive facility offerings, complete dish machine and laundry machine service, equipment sales, rentals and service and foodservice supplies. Brady provides these specialized solutions for customers in key commercial market segments including hospitality, education, healthcare, government, building service contractors and more. More information on Brady can be found on the Company’s website, www.bradyindustries.com.

A&M CAPITAL PARTNERS | 11.01.18

Sean Epps Joins A&M Capital Opportunities as a Partner

A&M Capital Opportunities Fund (“AMCO”), a growth focused middle-market private equity fund that is part of the Alvarez & Marsal Capital platform, today announced Sean Epps has joined the firm as a Partner.  Mr. Epps is a seasoned investment professional that brings more than 20 years of private equity experience to AMCO.  In his role, he will focus on sourcing and managing lower middle market investments in the light industrial and services segments where he has deep experience leading transactions.

Mr. Epps joins AMCO after holding senior positions with Snow Phipps and JPMorgan Partners, where he developed experience investing in light manufacturing, value-added distribution, industrial services and industrial processes businesses.  He has served on several boards in the past including the boards of Brand Energy & Infrastructure, Stauber Performance Ingredients, Electric Guard Dog, Kele and ArrMaz Custom Chemicals, amongst others.  Mr. Epps has also previously held positions at Donaldson, Lufkin & Jenrette and Paribas Principal Partners, where he was engaged in investment banking and private equity efforts, respectively.  Mr. Epps earned his MBA from the Wharton School of Business at the University of Pennsylvania after obtaining his BA in Economics with honors from Hamilton College.

About A&M Capital Opportunities:

A&M Capital Opportunities (“AMCO”), with total capital commitments of $500 million, is Alvarez & Marsal Capital’s lower middle market growth strategy, focused on shared control and structured minority equity investments in North America. AMCO partners with business owners and management teams to help recapitalize and grow businesses, leveraging deep operational capabilities and industry relationships to position them for accelerated long-term growth. AMCO has significant experience with all types of transactions, including growth equity, growth buyouts, recapitalizations, and consolidations of fragmented sectors.

About Alvarez & Marsal Capital:

Alvarez & Marsal Capital (“AMC”) is a multi-strategy private equity investment firm with over $3 billion in total capital commitments across three investment strategies. The firm is led by a highly experienced investment team, which is augmented by its strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally focused advisory firms in the world. AMC uniquely combines a focus on middle-market private equity investing, with the deep operational expertise, industry knowledge and global corporate relationships of A&M, making it a uniquely attractive partner to management teams and business owners.