The Advisor Finder Report: Q3 2024
Welcome to the third issue of The Advisor Finder Report, a quarterly publication that surfaces the activity occurring on Axial…
For the third year in a row, we are publishing the Top 10 annual Axial member-to-member transactions (see 2018 and 2017 here and here). These ten 2019 transactions best reflect the types of business owners, M&A advisors, and diverse capital partners that are privately exploring and executing confidential M&A and growth capital transactions via Axial.
These members, in addition to those in 2018 and 2017, will be the inaugural recipients of Axial’s first Member Badge. The “Axial Closed Deal” badge will be granted to all Axial members who close transactions with fellow Axial members in any given year. M&A advisors, investors, and CEO members will all be recognized.Â
The badge signifies a member’s professionalism, historical capacity to close, and current good standing on Axial. We envision the badge serving as a valued conversation-starter and a further means by which Axial members can best research, select, and engage the right deal partners on the right opportunities.
Contact us here to learn more about the Axial Closed Deal badge or to apply for yours.
Without further ado, we present 2019’s Top 10 Axial Member Deals and the members who led them.
Acquisition / Industry: Consumer Manufacturing
Since 1973, Bel Shower Door Corporation has been providing builders and homeowners with the finest and most varied selection of standard and custom shower and tub enclosures, as well as custom mirrors and custom glass. The Denver based company operates out of a 20,000 square foot fabrication facility and installs shower doors and enclosures, glass, and mirrors across the Denver Metro Area and the Front Range, from Colorado Springs to Ft. Collins.
SDR Ventures Axial Members since 2010 |
Bel Shower Door Founded in 1973 |
Baymark Partners Axial Members since 2011 |
Acquisition / Industry: Truck Equipment Manufacturing
W.A. Jones, located in Whitley Co. Indiana, was founded in 1880. Today, W.A. Jones has grown to over 45 employees and is the largest independent truck equipment dealer in the state of Indiana. The Company distributes heavy truck equipment and accessories from over 40 major brands, including Boss, Western, Knapheide, Adrian Steel, and Monroe. It also provides the installation and integration of their equipment onto a customer-selected chassis ensuring high quality, functionality and safety.
True North Strategic Advisors Axial Members since 2018 |
W.A. Jones Founded in 1880 |
Foundation Investment Partners Axial Members since 2013 |
Acquisition / Industry:Â Technology Services
Trilogy Circuits, LLCÂ , based in Richardson, TX., is AS9100D certified and has a near twenty-year legacy of providing exemplary high-technology electronics manufacturing services (EMS), products and support to the many military primes and other high-reliability industries, both in Texas and nationwide.
DGP Capital Axial Members since 2016 |
Trilogy Circuits Founded in 2001 |
BlackBern Partners Axial Members since 2010 |
Acquisition / Industry: Industrials
The company is a full-service manufacturer of custom and stock packaging solutions. The business makes custom and stock folding cartons, flexible packaging (e.g., pouches, shrink sleeves, overwraps), pressure sensitive labels, and corrugated boxes, among other products. The company serves a variety of end markets, including concessions, food service, pharmaceuticals, medical/nutraceuticals, and general retail. KLH Capital recapitalized the business providing a partial liquidity event for the two owners and aligning management with experienced partners capable of providing the capital and expertise needed to grow the business.
Jack Farris Axial Members since 2019 |
Undisclosed Company Transaction Closed Nov 2019 |
KLH Capital Axial Members since 2010 |
Acquisition / Industry: Industrials, Manufacturing
Thermex was founded more than 75 years ago and is a leading manufacturer of high-power industrial radio frequency (“RF”) and microwave (“MW”) systems for heating dielectric materials. Thermex sells equipment and accessories around the globe to many well-known customers. Druid Capital is partnering with the existing Thermex management team led by President/CEO Ray Lund.
Dickinson Williams Axial Members since 2018 |
Thermex Founded in 1945 |
Druid Capital Partners Axial Members since 2016 |
Acquisition / Industry: Technology
Since 2012, Securus Contact Systems has provided live receptionist and live chat services across the nation for a multitude of business, from small startups to large corporations delivering the best-in-class contact center solutions. Securus Contact Systems is located in Portland, Oregon and has continued to grow and gain recognition from the Portland Business Journal as one of the fastest growing 100 companies in the Northwest since 2014.
Pink Diamond Consulting Axial Members since 2009 |
Securus Contact Systems Founded in 2012 |
PennSpring Capital Axial Members since 2018 |
American Alloy, LLC is a custom manufacturer that produces, finishes and assembles metal and composite parts and components, typically for multinational Original Equipment Manufacturers (OEMs) of industrial machinery and equipment. Services and capabilities include press brake/forming, fabrication, welding, horizontal machining, vertical machining, drilling, rotary laser cutting, sheet laser cutting, sand and bead blasting, painting, powder coating, part and component assembly, and production design consulting. Manufacturing customers include producers of industrial/commercial packaging machinery, IT equipment (server racks), heavy construction and mining equipment, corrugated box manufacturing equipment, aluminum extrusion equipment for automotive parts, and ground servicing equipment for aircraft. American Alloy has also directly manufactured metal components and transportable metal buildings, as a prime contractor for the US Navy.
AdvantEdge Advisors Axial Members since 2011 |
American Alloy Founded in 2007 |
Silverpeak Partners Axial Members since 2019 |
Acquisition / Industry: Energy & Utilities, Oil & Gas
Delek Group is an independent E&P and the pioneering visionary behind the development of the East Med. With major finds in the Levant Basin, including the Leviathan (21.4 TCF) and Tamar (11.2 TCF) reservoirs and others, Delek is leading the region’s development into a major natural gas export hub. In addition, Delek has embarked on an international expansion with a focus on high-potential opportunities in the North Sea and North America. Delek Group is one of Israel’s largest and most prominent companies with a consistent track record of growth. Its shares are traded on the Tel Aviv Stock Exchange (TASE:DLEKG) and are part of the TA 35 Index.
Lane Capital Markets Axial Members since 2011 |
Delek Group Founded in 1951 |
G&H Ventures Axial Members since 2012 |
Acquisition / Industry: Business Services, Legal Services
Elevate provides consulting, technology and services to law departments and law firms, offering practical ways to improve efficiency, quality, and business outcomes. The company secured a $25 million minority investment from Kayne Partners to scale operations to meet increasing customer demand and to enhance its Cael enterprise legal management software.
MiddleMarch Partners Axial Members since 2013 |
Elevate Founded in 2011 |
Kayne Anderson Capital Advisors Axial Members since 2011 |
Acquisition / Industry: Industrials, Manufacturing
RapidAir is a manufacturer and distributor of compressed air piping systems, components, kits, replacement parts and other accessories. The company sells its compressed air piping systems under three different brands in addition to providing filter regulators, moisture drains, couplers, fittings, hose reels and other air compressor accessories. The company sells through its own e-commerce website, distributors, farm and ranch retailers, contractors and marketplaces. RapidAir is headquartered in Auburndale, WI.
Kelly Business Advisors Axial Members since 2018 |
RapidAir Founded in 2004 |
Pfingsten Partners Axial Members since 2011 |