Media

Huron Capital is Off to the Races!

The fast pace of the Detroit Grand Prix cars darting through our hometown streets earlier this summer reminded us of the swift start Huron Capital has had in 2018.

Once again, we closed deals at a rapid rate during the first half of the year despite competitive market conditions. We expect continued robust activity as we head into the backstretch of the year.

Here’s a recap of our race so far:

2 New Platforms

Direct Connect Logistix (Private Equity) – Provider of logistics management and specialty freight brokerage services
B&B Roadway Security Solutions (Flex Equity) – Designer and manufacturer of roadway safety and perimeter security solutions

6 Add-Ons Completed

DV8 Off-Road – fifth acquisition for Drake Automotive Group
Proforged – fourth acquisition for Drake Automotive Group
Energy Management Control Corporation – eighth acquisition for Albireo Energy
Bluelock – third acquisition for InterVision Systems
US Coatings – fifth acquisition for Valentus Specialty Chemicals
American Exteriors – first acquisition for Hansons

Victory Lap – Completed

Good Sportsman Marketing sold to Sentinel Capital Partners after growing the business through expanded distribution, new product introductions, and three add-on acquisitions.

May – Finalist for Deal of the Year by ACG Arizona for the purchase of Pueblo Mechanical & Controls
April – All Star Deal of the Year by ACG Detroit for the purchase of Hansons
March – Seller of the Year by Mergers & Acquisitions for sale of Olon Group, Leading Response and Systems, Inc.
March – Named one of the Top-50 Middle Market Private Equity Firms by Grady Campbell

Huron Capital is not aware of the criteria on which the above awards are based nor the number of advisers surveyed in the category. Some of the awarding organizations listed above may require potential awardees to pay application fees in order to be considered, and for those awards, Huron Capital has paid such application fees. Where payment of an application fee is required, it is Huron Capital’s understanding that the same fee applies for all applicants.

Finish Line

At this pace, we look forward to crossing the finish line in an even stronger position than where we started the year!

Certain information herein may contain forward-looking statements which are provided to assist the reader in understanding the beliefs and opinions with respect to future opportunities as perceived by Huron Capital and others quoted herein. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance in future periods to differ materially from any projections or results expressed or implied by such forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The issuer of these statements undertakes no obligation to update forward-looking statements if circumstances or estimates or opinions should change except as may be required by applicable securities laws.