A&M CAPITAL PARTNERS | 05.19.23

INSPYR Solutions Announces Acquisition of Ntelicor, Expanding Consulting and Solutions Services

Fort Lauderdale, Fla. and Houston, Texas – INSPYR Solutions (the “Company”), a leading IT staffing and technology solutions firm, announced today that it has acquired Ntelicor, LLC (“Ntelicor”), an IT staffing and solutions company. This acquisition will strengthen INSPYR Solutions’ national presence as the Company seeks to expand its brand and further enhance its capabilities to serve its talent and clients.

Originally founded in 2002, INSPYR Solutions was formed through the combination of TekPartners, a P2P Company, and Genuent. The Company has since grown to employ nearly 2,000 professionals nationwide across twelve key markets. The Company is an experienced provider of information technology staffing and solutions to blue chip customers across a variety of end markets. Since 2021, INSPYR Solutions has been a portfolio company of A&M Capital Partners.

Based in Dallas, Texas, Ntelicor is a national provider of highly technical strategic staffing and consulting services across numerous end markets, including aviation, hospitality, manufacturing, and federal government. Founded in 1998, Ntelicor currently employs over 200 professionals with an array of technical skill sets.

Kip Wright, Chairman and CEO of INSPYR Solutions, commented, “We are very excited to welcome the Ntelicor team to the INSPYR Solutions family. Ntelicor has a proven track record of success in the industry and has built an attractive portfolio of top clients that made them an excellent choice to partner with INSPYR Solutions. We look forward to continuing to build on that legacy of success as we work together toward our shared goal of increasing our influence in the IT staffing and solutions space across various industries. This will enable us to support new clients in these verticals and offer enhanced services to those we already work with.”

“Our team is thrilled to join the INSPYR Solutions family and build on our mutual success. Together, we will be better positioned to facilitate the type of long-term growth that will allow us access to new and exciting opportunities for development,” said Mark Cohen, CEO of Ntelicor. “We are looking forward to working with the INSPYR Solutions team to expand our geographic footprint, add to our service offerings, and enhance the solutions we provide in the public and private sectors.”

About INSPYR Solutions

As a leading technology solutions company, we connect top IT talent with clients to provide innovative business solutions through our IT Staffing, Professional Services, and Infrastructure Solutions divisions. There are four elements that set us apart and serve as pillars of our company philosophy: Quality, Expertise, People, and Relationships. By always striving for excellence in these areas and focusing on the human aspect of our business, we work seamlessly together with our talent and clients to match the right solutions to the right opportunities. Learn more about us at inspyrsolutions.com.

About A&M Capital Partners

A&M Capital Partners is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America with total assets under management of $3.1 billion. A&M Capital Partners 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.  A&M Capital Partners invests in businesses across a wide range of sectors including Business Services, Industrials, Manufacturing, Food & Beverage, Healthcare, Consumer & Retail, Government Services, Financial Services and Energy Services.

About Alvarez & Marsal Capital

Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $4.65 billion in assets under management across six funds and four investment strategies. The firm is led by a highly experienced investment team, which is augmented by a strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally-focused advisory firms in the world. Alvarez & Marsal Capital combines a focus on middle-market private equity investing, with deep operational expertise, industry knowledge and global corporate relationships, making Alvarez & Marsal Capital an attractive partner to management teams and business owners.  Alvarez & Marsal Capital is headquartered in Greenwich, CT with offices in Los Angeles, CA and London, England. For more information, visit www.a-mcapital.com.

Contact

Milgrim Bello
Vice President of Strategic Marketing, INSPYR Solutions
mbello@inspyrsolutions.com
954.607.1238

Ale Amesquita
Director of Business Development, A&M Capital Partners
ale@a-mcapital.com
424.354.5238

A&M CAPITAL PARTNERS | 05.14.23

INSPYR Solutions Announces Acquisition of ProTask, Expanding Consulting and Solutions Services

Fort Lauderdale, Fla. and Houston, Texas – INSPYR Solutions (the “Company”), a leading IT staffing and technology solutions firm, announced today that it has acquired ProTask, a strategic staffing and consulting agency. This acquisition will result in an even stronger national presence for INSPYR Solutions as the Company seeks to further build out its brand and expand its geographic footprint across the country.

Founded in 2002, INSPYR Solutions, which was formed through the combination of TekPartners, a P2P Company, and Genuent, has grown to employ nearly 2,000 professionals nationwide across twelve office locations.  The Company is an experienced and leading provider of information technology staffing and solutions to blue-chip customers across a variety of end markets. Since 2021, INSPYR Solutions has been a portfolio company of A&M Capital Partners.  

Based in Washington, D.C., ProTask is a regional provider of highly technical, strategic staffing and consulting services across numerous end markets, including financial services, healthcare, financial technology and telecommunications.  Founded in 2010, ProTask currently employs over 100 professionals with an array of skill sets. 

Kip Wright, Chairman and CEO of INSPYR Solutions, commented, “Our strategic plan includes the aggressive expansion of our geographic presence in the U.S. through both organic growth and purposeful acquisitions. ProTask stood out as an attractive team to join the INSPYR Solutions family due to their thriving business built on deep relationships and delivering quality technical resources to their client base. We are excited to welcome the ProTask team into the INSPYR Solutions family and look forward to building on this momentum for further growth and success.”

 “With the similarities and synergies between our two businesses, it made sense to join forces. Our objective with this transaction is to leverage their capabilities to accelerate our growth in the Mid-Atlantic region,” said Donna Gibb, President and Founder of ProTask. “I’m looking forward to having ProTask join the INSPYR Solutions family and work with their team to not only continue the momentum we have built to date but contribute to the achievement of INSPYR Solutions’ long term growth strategy.”

About INSPYR Solutions

As a leading technology solutions company, we connect top IT talent with clients to provide innovative business solutions through our IT Staffing, Professional Services, and Infrastructure Solutions divisions. There are four elements that set us apart and serve as pillars of our company philosophy: Quality, Expertise, People, and Relationships. By always striving for excellence in these areas and focusing on the human aspect of our business, we work seamlessly together with our talent and clients to match the right solutions to the right opportunities. Learn more about us at inspyrsolutions.com.

About A&M Capital Partners

A&M Capital Partners is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America with total assets under management of $3.1 billion. A&M Capital Partners 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.  A&M Capital Partners invests in businesses across a wide range of sectors including Business Services, Industrials, Manufacturing, Food & Beverage, Healthcare, Consumer & Retail, Government Services, Financial Services and Energy Services.

About Alvarez & Marsal Capital

Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $4.4 billion in assets under management across six funds and four investment strategies. The firm is led by a highly experienced investment team, which is augmented by a strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally-focused advisory firms in the world. Alvarez & Marsal Capital combines a focus on middle-market private equity investing, with deep operational expertise, industry knowledge and global corporate relationships, making Alvarez & Marsal Capital an attractive partner to management teams and business owners.  Alvarez & Marsal Capital is headquartered in Greenwich, CT with offices in Los Angeles, CA and London, England. For more information, visit www.a-mcapital.com.

Contact

Milgrim Bello
Sr. Director of Strategic Marketing, INSPYR Solutions
mbello@tekpartners.com
954.607.1238

Ale Amesquita
Director of Business Development, A&M Capital Partners
ale@a-mcapital.com
424.354.5238

A&M CAPITAL PARTNERS | 04.21.23

A&M Capital Europe Announces Majority Investment in World of Sweets and Bobby’s (“IBG”)

A&M Capital Europe (“AMCE”), a London-based middle-market private equity investment firm with €650 million of assets under management, announces the acquisition of a majority stake in World of Sweets and Bobby’s (together “IBG” or the “Group”), a leading brand owner and tech-enabled distributor of confectionery, baked goods and savoury snacks into the convenience retail, specialty, wholesale and grocery channels, from Sculptor Capital Management, Inc. (NYSE: SCU) (“Sculptor”).

Headquartered in Loughborough, United Kingdom, we believe IBG has a strong position in the large and resilient UK snacking market, combining a multichannel and tech-enabled go-to-market distribution capability alongside differentiated brand management and innovation expertise. The Group serves a diverse base of 60,000+ customers and owns brands that include Bobby’s, Bonds of London, Kingsway, Crazy Candy Factory and Candy Realms whilst partnering with major international brands, including Pez, Nerds and Tootsie.

The partnership with AMCE is expected to enable IBG to strengthen its existing position, underpinned by the continued growth of its owned and partner brands and new exclusive partnerships.

Additionally, the Group plans to drive further growth across its digitally enabled routes to market. With AMCE’s support, IBG also intends to actively pursue bolt-on acquisitions, focusing primarily on branded targets in existing and new categories where the Group can leverage its unique distribution footprint.

IBG will continue under the leadership of its existing management team, led by CEO Wayne Beedle, with Wayne and his team investing alongside AMCE.

AMCE was advised by Weil, Gotshal & Manges and DWF as legal advisers, Houlihan Lokey as financial adviser, MDW Capital Partners as debt adviser, EY Parthenon as commercial adviser, Palladium as digital and IT adviser, Alvarez & Marsal as accounting adviser and EY as tax adviser.

About A&M Capital Europe

AMCE is a pan-European, London-headquartered, middle-market private equity investment firm specialising in providing financial, strategic and operational support to growing European businesses. AMCE Fund I currently has €650 million of assets under management, and IBG represents AMCE’s fifteenth transaction. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm with €4.2 billion in assets under management across four investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal, one of the world’s largest operationally focused advisory firms. For additional information, please visit A&M Capital’s website at www.a-mcapital.com.

A&M CAPITAL PARTNERS | 04.13.23

Carton Pack acquires Smilesys

Carton Pack, a portfolio company of A&M Capital Europe (“AMCE”), a London-based middle-market private equity investment firm with €650 million of assets under management, has completed the acquisition of Smilesys (the “Company”), an Italian producer of resealable and sustainable packaging products from its founders.

Founded in 2013, Smilesys primarily serves the fruit & vegetable end-market and the snacks and bakery segments. The Company is headquartered in Veneto (Northern Italy). Smilesys focuses on resealable solutions that enhance shelf-life, reduce food waste and can be applied to compostable materials, with ~95% of final products sold outside of Italy. The Company will continue to be led by its management team, including CEO Ernesto Zanarella.

The acquisition further enhances Carton Pack’s footprint in sustainable products while expanding into innovative technologies. In addition, it is consistent with Carton Pack’s strategy to become a leading European food packaging specialist with a multi-material product offering. The transaction is Carton Pack’s second add-on acquisition since AMCE acquired a majority stake in Carton Pack in April 2022.

AMCE and Carton Pack were advised by Chiomenti, as legal counsel for M&A and corporate matters, and Gattai, as legal counsel for financing matters, KPMG as accounting and tax advisers and Ramboll as environmental, health & safety adviser.

About Carton Pack

Headquartered in Puglia, Italy, Carton Pack provides specialist multi-material packaging solutions for Europe’s fruit & vegetable and ready-to-eat markets. Carton Pack employs ~500 people and operates from 4 production facilities and 17 warehouses across Italy and Spain.

About A&M Capital Europe

AMCE is a pan-European, London-headquartered, middle-market private equity investment firm specialising in providing financial, strategic and operational support to growing European businesses. AMCE Fund I currently has €650 million of assets under management, and Smilesys represents AMCE’s fourteenth transaction. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm with €4.5 billion in assets under management across four investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal, one of the world’s largest operationally focused advisory firms. For additional information, please visit A&M Capital’s website at www.a-mcapital.com.

A&M CAPITAL PARTNERS | 03.28.23

Sixth Texas-Based Practice Joins the United Musculoskeletal Partners Platform

Strategic Partnership with Orthopedic Associates Increases UMP-Texas Footprint to Six Practices and 29 Locations

Atlanta, GA – United Musculoskeletal Partners (UMP), a national leader in musculoskeletal care delivery, announced today a strategic partnership with Dallas-Fort Worth-based Orthopedic Associates. With almost 50 years serving patients in the metroplex, Orthopedic Associates has two clinic locations – Orthopedics Associates Flower Mound and Orthopedics Associates Northlake and a surgical facility in Flower Mound. The practice, which was founded in 1976, has 11 physicians.

Orthopedic Associates is the third Texas-based practice to join the UMP platform in 2023 and the sixth Texas-based practice overall. UMP recently announced partnerships with All-Star Orthopaedics and OrthoTexas. Other Texas-based practices on the UMP platform include Abilene Sports Medicine and Orthopedics, Arlington Orthopedic Associates and North Texas Orthopedics & Spine Center. With the addition of this sixth practice, UMP grows to 29 locations, 80 physicians and 126 providers in Texas, offering world-class orthopedic care in the Dallas-Fort Worth area.

“We are excited to welcome Orthopedic Associates to the UMP platform” said Alex Bateman, UMP CEO. “Our mission is to build the best orthopedic platform in the country that delivers outstanding patient care and is driven by innovation. Orthopedic Associates has an outstanding track record as a physician-owned practice offering comprehensive, best-in-class orthopedic care, and we look forward to working with their talented team.”

“Patients in Texas have trusted Orthopedic Associates with their orthopedic care for almost 50 years and their doctors and staff have become part of the fabric of the communities they serve,” said Brian Cormican, CEO of the Texas market for UMP. “They are exactly the type of patient-focused practice we look for to join our platform and I look forward to working with their outstanding leadership and the entire team.”

“The UMP platform has a proven record of successful medical partnerships and offers our practice the opportunity to be laser-focused on patient care while the UMP experts handle operational functions and planning” said Dr. Manuj Singhal, M.D. of Orthopedic Associates. “We are thrilled to connect with fellow physician-led orthopedic practices on the platform and to work with the UMP leadership team to advance the future of orthopedic care for our patients and our practice.”

“Joining the UMP platform is the next step in our evolution as a practice,” said Dr. Ian Wilkofsky, M.D. of Orthopedic Associates. “Our physicians and staff are active members of our communities, and are dedicated to providing the very best orthopedic care in the region. UMP offers unique resources that will enhance the patient experience even further and help us continue to grow. We look forward to working with the UMP team.”

About United Musculoskeletal Partners

United Musculoskeletal Partners (UMP) was formed in December 2021 by Resurgens Orthopaedics, one of the nation’s largest orthopedic practices. UMP partners with entrepreneurial, physician-owned orthopedic practices to deliver exceptional clinical care to patients around the country while simplifying the management functions of the practices under one umbrella company. www.umpartners.com

About Orthopedic Associates

Orthopedic Associates (OA) was founded in 1976. With locations in Flower Mound and Northlake, OA provides comprehensive musculoskeletal care, including surgical and non-surgical treatment, imaging, physical therapy, bracing, biologics and outpatient procedures. All 11 OA surgeons are fellowship-trained in at least one orthopedic sub-specialty including adult reconstruction, elbow and shoulder surgery, foot and ankle, hand surgery, orthopedic trauma, spine surgery and sports medicine. OA physicians are partners in Texas Health Orthopedic Surgery Center, which was ranked as a top orthopedic surgery center in the country by Newsweek in 2022. OA is a trusted member of the communities it serves and provides sports coverage to local high schools and the University of North Texas. www.orthopedicassociates.org

A&M CAPITAL PARTNERS | 03.07.23

Brian Cormican Joins United Musculoskeletal Partners as CEO of the Texas Market

Atlanta, GA – Brian Cormican has joined United Musculoskeletal Partners (UMP), a national leader in musculoskeletal care delivery, as CEO of the Texas market. Cormican comes to UMP with an extensive background in executive healthcare in the Texas metroplex, including roles at Paragon Healthcare, Inc. and Davita Healthcare Partners. In his new role, Cormican is responsible for leading UMP’s vibrant and growing Texas orthopedic network, and bringing the UMP promise to life by creating partnerships and programs that promote exceptional patient care. UMP’s Texas region currently includes five practices, 27 locations, 69 physicians and 110 providers.

“We are excited that Brian has joined the UMP team to lead our growing presence in the Texas market” said Alex Bateman, CEO of UMP. “He has vast knowledge and experience in the Dallas Fort-Worth area as well as the broader Texas market and a track record of partnering with doctors to create exceptional patient experiences and help them grow their businesses. We look forward to tapping into his expertise and welcome him to the team.”

“UMP already has a stellar line-up of orthopedic practices in the Metroplex with talented physicians, surgeons and staff who are helping patients get back on their feet every day” said Cormican. “I am honored and excited to join UMP at this early stage to support our physicians and patients and help ensure that Texans in all corners of the state have access to the very best orthopedic care.”

Cormican joins UMP from Paragon Healthcare, Inc., where he was COO and responsible for all business operations across 60+ locations and 1,100 team members. Before that, he headed up U.S. operations as President of Hygieacare, a startup healthcare service provider. He spent six years at Davita Healthcare Partners in operations and development roles. Before moving into healthcare, Cormican worked in sales and marketing at Banyan Ventures and Chapman Innovations. He has a Master’s of Business Innovation from the Dartmouth Tuck School of Business and a Bachelor of Science in Business Management from Brigham Young University.

About United Musculoskeletal Partners

United Musculoskeletal Partners (UMP) was formed in December 2021 by Resurgens Orthopaedics, one of the nation’s largest orthopedic practices. UMP partners with entrepreneurial, physician-owned orthopedic practices to deliver exceptional clinical care to patients around the country while simplifying the management functions of the practices under one umbrella company. www.umpartners.com

Contact:
Jennifer Greene
Illuminate-Communications
Jennifer.greene205@gmail.com
770-361-2014

A&M CAPITAL PARTNERS | 02.09.23

United Musculoskeletal Partners Announces Strategic Partnership With Two Multi-Location Orthopedic Practices In Dallas-Fort Worth

UMP Grows to 372 Total Providers Across Three States

ATLANTA – United Musculoskeletal Partners (UMP) announced today a strategic partnership with two Dallas-Fort Worth-based orthopedic practices. All-Star Orthopaedics, with four clinic locations, and OrthoTexas Physicians and Surgeons, PLLC (OrthoTexas), with five clinic locations and one surgery center, have joined the UMP platform. They join Texas-based UMP practices Arlington Orthopedic Associates, North Texas Orthopedics & Spine Center and Abilene Sports Medicine and Orthopedics to create a leading orthopedic platform offering world-class orthopedic care in the Dallas-Fort Worth area. These new practices bring UMP to 223 physicians and 372 providers across Texas, Georgia and Colorado and further establish UMP as a national leader in musculoskeletal care delivery.

“We are thrilled to welcome All-Star Orthopaedics and OrthoTexas to the UMP platform,” said Alex Bateman, CEO of UMP. “It is our goal to build the premier musculoskeletal enterprise in the country by joining forces with like-minded physician-owned and led orthopedic practices that share our commitment to putting the patient first and to growing through innovation and synergy. These two new additions to our platform strengthen that commitment and we look forward to working with them and with patients in all corners of the Dallas-Fort Worth area.”

“With these two new practices joining UMP, we now have 69 physicians and 110 providers practicing at 27 locations around the Metroplex,” said Brian Cormican, CEO of the UMP-Texas market. “That means that more patients in the area have access to the very best orthopedic care in the southwest close to home.”

“The quality of physicians already under the UMP umbrella is unmatched nationally and their commitment to delivering quality, cost-effective orthopedic care perfectly aligns with the way we approach our practice,” said Dr. Keith Heier, of OrthoTexas. “That commitment to patients coupled with a visionary management team with their eye on the future makes this move one that will benefit our patients as well as our practice.”

“All-Star Orthopaedics is excited to join United Musculoskeletal Partners,” said Dr. Mark Greenberg of All-Star Orthopaedics. “UMP has assembled an outstanding group of orthopedic surgeons in the North Texas region and has built an impressive national footprint of musculoskeletal providers. This partnership will allow our surgeons to focus on what we do best: providing the highest quality care to our loyal patients. It will also support growth and innovation, which will benefit our patients now and in the future.”

About United Musculoskeletal Partners

United Musculoskeletal Partners (UMP) was formed in December 2021 by Resurgens Orthopaedics, one of the nation’s largest orthopedic practices. UMP will partner with entrepreneurial, physician-owned orthopedic practices to deliver exceptional clinical care to patients around the country while simplifying the management functions of the practices under one umbrella company. www.umpartners.com

About All-Star Orthopaedics

For over 25 years, All-Star Orthopaedics has provided comprehensive orthopaedic care to patients in the Dallas-Fort Worth area. Having undergone extensive training in their respective specialties, the board-certified surgeons have become known for their advanced expertise in areas such as foot and ankle surgery, upper extremity care, spinal and neck surgery, joint replacement, and sports medicine. They are considered leaders in orthopedic care and are highly rated for providing exceptional patient care. The All-Star Orthopaedics team is committed to improving patients’ overall quality of life by finding the most beneficial treatment options based on their unique needs and lifestyle. www.allstarortho.com.

About OrthoTexas

OrthoTexas is a premier orthopedic center in North Texas. With locations in Carrollton, Frisco, Plano and Denton, their team of 13 physicians and surgeons is focused on delivering comprehensive and compassionate care for the full spectrum of musculoskeletal injuries and conditions. OrthoTexas has fellowship-trained specialists in Sports Medicine, Foot and Ankle, Hand and Wrist, Shoulder and Elbow, Joint Replacement, Spine, and Physical Medicine and Rehabilitation. Additionally, they have a team of Physical and Occupational therapists to provide a multi-disciplinary approach for their patients. Both surgical and non-surgical providers are focused on providing excellent, outcomes-based care. www.OrthoTexas.com.

About A&M Capital Partners

A&M Capital Partners is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America with total assets under management of approximately $3.0 billion. AMCP partners with founders, corporates and management teams, providing the capital and strategic assistance that we believe is required to take businesses to the next level of success. AMCP invests in businesses across a wide range of sectors including Business Services, Industrials, Manufacturing, Food & Beverage, Healthcare, Consumer & Retail, Government Services, Financial Services and Energy Services. More broadly, Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $4.35 billion in total assets under management across four investment strategies, which maintains a strategic association with Alvarez & Marsal, one of the largest operationally focused advisory firms in the world.

A&M CAPITAL PARTNERS | 12.05.22

Pet Network International Acquires Zoo Group Stefanov and Zvjerinjak

Pet Network International (“PNI” or the “Company”), a portfolio company of A&M Capital Europe (“AMCE”), a London-based middle-market private equity firm with €650 million of assets under management, has acquired Zoo Group Stefanov (“ZGS”) and Zvjerinjak, two prominent omnichannel pet care retailers based in Bulgaria and Croatia, respectively.

Founded in 2009, ZGS has a leading position in the attractive and high growth Bulgarian pet care market, trading under the Dr. Stefanov banner, which is widely recognised across Bulgaria for its outstanding product selection and customer service. ZGS operates 29 stores across Bulgaria and a highly successful ecommerce platform. PNI will combine its current operations in Bulgaria, including 5 stores, with ZGS, and will consolidate the store estate under the Dr. Stefanov banner and focus on its continued omnichannel growth.

Founded in 2013, Zvjerinjak operates 6 stores in Zagreb and will substantially bolster PNI’s presence in Croatia’s capital city through the addition of several sites with established customer bases and limited overlap with the existing PNI store estate. Zvjerinjak stores will be converted to PNI’s Pet Centar banner.

Following the closing of PNI in September 2021, these acquisitions strengthen the Company’s position as a leading omnichannel pet care retailer across all of its five markets in Southeast Europe.

AMCE and PNI were advised by Wolf Theiss, Savoric & Partners and Dickson Minto as legal advisers, and Deloitte as accounting and tax adviser.

About PNI

Headquartered in Croatia, PNI is a leading omnichannel pet care retailer across five countries in Southeast Europe. PNI operates over 200 directly owned stores as well as eCommerce platforms in Romania, Croatia, Slovenia, Serbia and Bulgaria, under the banners Animax, Pet Centar, Maxi Pet, Mr. Pet and Dr. Stefanov, selling pet food, treats, accessories as well as a growing offering of value-add services such as grooming and veterinary advisory services.

About A&M Capital Europe

AMCE is a pan-European, London-headquartered, middle-market private equity firm specialising in providing strategic and operational support to growing European businesses. AMCE Fund I currently has €650 million of assets under management, and Zvjerinjak and ZGS represent AMCE’s twelfth and thirteenth transactions respectively. More broadly, AMCE is part of Alvarez & Marsal Capital, a multi-strategy private equity investment firm with over €4.2 billion in total assets under management across four investment strategies, which maintains a strategic association with Alvarez & Marsal, one of the largest operationally focused advisory firms in the world. For additional information, please visit A&M Capital’s website atwww.a-mcapital.com.

A&M CAPITAL PARTNERS | 11.11.22

Carton Pack Acquires Ondapack

Carton Pack, a portfolio company of A&M Capital Europe (“AMCE”), a London-based middle-market private equity firm with €650 million of assets under management, has agreed to acquire Ondapack (the “Company”), an Italian paper, carton board and corrugated packaging producer from its founding family.

Founded in 1956, Ondapack primarily serves the fruit & vegetable end-market, as well as other food and industry segments. The Company employs ~70 people. Carton Pack has a long-standing commercial relationship with Ondapack and its founders, the Morgese family. The Company will continue to be led by its management team, including CEO Antonella Morgese.

The acquisition further enhances Carton Pack’s footprint in sustainable fibre-based products while expanding into new end-markets and is consistent with Carton Pack’s strategy to become a leading European food packaging specialist with a multi-material product offering. The transaction is Carton Pack’s first add-on acquisition since AMCE acquired a majority stake in the company in April 2022.

AMCE and Carton Pack were advised by Chiomenti and Weil, Gotshal & Manges as legal advisers and KPMG as accounting and tax advisers.

About Carton Pack

Headquartered in Puglia, Italy, Carton Pack provides specialist multi-material packaging solutions for the fruit & vegetable and ready-to-eat markets across Europe. The Company employs ~400 people and operates from 3 production facilities and 17 warehouses across Italy and Spain.

About A&M Capital Europe

AMCE is a pan-European, London-headquartered, middle-market private equity firm specialising in providing strategic and operational support to growing European businesses. AMCE Fund I currently has €650 million of assets under management, and Ondapack represents AMCE’s eleventh transaction. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm with €4.3 billion in assets under management across four investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal, one of the world’s largest operationally focused advisory firms. For additional information, please visit A&M Capital’s website at www.a-mcapital.com.

A&M CAPITAL PARTNERS | 10.20.22

BrightPet Expands Frozen and Freeze-Dried Portfolio with Acquisition of Bravo! Pet Foods

A&M Capital Partners-backed BrightPet extends its reach in growing premium pet food category and adds an innovative and respected brand to its portfolio

Lisbon, Ohio-(BUSINESS WIRE)–BrightPet Nutrition Group (“BrightPet”), a leading marketer and manufacturer of premium and super-premium pet foods, treats and care products, has completed the strategic acquisition of Bravo! Pet Foods (“Bravo”), a pioneer in frozen raw and freeze-dried pet diets. The transaction by BrightPet, a portfolio company of A&M Capital Partners (“AMCP”), a middle-market private equity investment fund, is the second in two years, reflecting the company’s commitment to a M&A strategy that bolsters its branded portfolio while extending capabilities in high growth market segments.

BrightPet serves domestic and more than 30 international markets with branded, private label, and contract manufactured products. BrightPet operates a portfolio of widely recognized leading consumer brands, including Stewart®, Blackwood®, Adirondack®, By Nature®, Miracle Care® and Hamilton®, with holistic and natural solutions.

“The Bravo brand is widely known and has been respected for more than 20 years. We believe Bravo’s commitment to innovation, premium ingredients and the highest standard of manufacturing aligns well with BrightPet,” said Dave Kowal, CEO of BrightPet. “This acquisition supports our vision to be the most valued pet platform in the industry. By expanding our branded portfolio and strengthening our production capabilities, we expect to continue the growth trajectory BrightPet has established over the past few years.”

Founded by the Bogner family in 2002 in Manchester, Conn., Bravo was one of the first brands to manufacture and sell frozen raw and freeze-dried pet food, and is a leader in educating the industry and pet parents as to the health benefits of a raw diet. In addition to a range of treats, chews and supplements for dogs and cats, Bravo offers five meal solutions, including complete and balanced meals as well as customizable nutrition plans. Bravo products include:

• Bravo! Homestyle Complete: freeze-dried raw meals maximizing nutrition, flavor and texture,
• Bravo! Balance: frozen chubs and burgers, complete and balanced dinners containing essential nutrients,
• Bravo! Blends: a four-part, limited ingredient formula,
• Bravo! Basics: a medley of meat, bone and organ meat, and
• Bravo! Boneless: nothing but real meat or fish.

Melinda Miller, former CEO of Bravo, will join BrightPet as the Vice President of Bravo Brands. Melinda is a leading expert in nutrition, formulation and innovation, and she will help lead the integration of capabilities through the BrightPet portfolio.

“We could not be more excited for Bravo to join the BrightPet family of brands,” said Miller. “We believe BrightPet and AMCP immediately provide complementary resources, enabling the creation of new products for years to come. BrightPet’s commitment to innovation, quality, reliability, and safety provide an unmatched foundation to grow together.”

“When we acquired BrightPet, our goal was to grow the Company into a premier platform in pet food, treats, and care products, with a differentiated portfolio of meaningful brands and best-in-industry production capabilities,” said Ryan McCarthy, Partner at AMCP. “In the two years since our acquisition, BrightPet has achieved significant domestic and international growth in super-premium product categories and increased share in high-growth channels, including e-commerce. We have completed two strategic acquisitions and have more than doubled the Company’s revenues, the number of brands in our portfolio, and, most importantly, invested heavily in manufacturing capabilities to consistently deliver new and innovative product offerings. We believe our domestic production capabilities, growing portfolio of brands, and industry-leading innovation are compelling differentiators for those looking for a manufacturing partner or to become part of a larger platform. We look forward to continuing to add complementary and accretive businesses to the BrightPet family.”

Calfee, Halter & Griswold LLP provided legal counsel to AMCP and BrightPet.

For more information about BrightPet, please visit www.brightpetnutrition.com.

About BrightPet Nutrition Group

BrightPet Nutrition Group is a leading manufacturer and marketer of premium and super-premium pet foods, treats and care products. Serving the U.S. and more than 30 international markets with branded, private label and contract manufactured goods since 1978, BrightPet has pioneered both freeze-dried treats and slow-cooked, small-batch kibble. BrightPet operates a portfolio of leading holistic, natural and organic consumer brands, including Stewart®, Blackwood®, Adirondack®, By Nature®, Miracle Care®, Bravo® and Hamilton®. For more information about BrightPet, please visit www.brightpetnutrition.com.

About Bravo! Pet Foods

Founded in 2002, Bravo brings 20 years of knowledge and experience to the creation of species-appropriate, all-natural, fresh-frozen raw diets, freeze-dried diets and treats, and all natural chews. Bravo was a pioneer in establishing the raw diet and freeze-dried category within the pet industry. Guided by the principle of “Making Healthy Happen”, Bravo’s ultra high quality, meat-based, limited ingredient products are made in the USA using only ingredients that have been inspected and approved for human consumption. For the full story, visit www.BravoPetFoods.com.

About A&M Capital Partners

A&M Capital Partners is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America with total assets under management of approximately $3.0 billion. AMCP partners with founders, corporates and management teams, providing the capital and strategic assistance that we believe is required to take businesses to the next level of success. AMCP invests in businesses across a wide range of sectors including Business Services, Industrials, Manufacturing, Food & Beverage, Healthcare, Consumer & Retail, Government Services, Financial Services and Energy Services. More broadly, Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $4.35 billion in total assets under management across four investment strategies, which maintains a strategic association with Alvarez & Marsal, one of the largest operationally focused advisory firms in the world.

Contacts
Alexis Moncrief
Fahlgren Mortine
alexis.moncrief@fahlgren.com
216-298-4626