Week in Review: Suits, Yogurt, and Crises

After nearly six months of back and forth, Men’s Wearhouse has acquired competitor Jos. A. Bank for $1.8 billion. According to the Washington Post, the newly combined entity will become the nation’s fourth-largest men’s retailer. The main loser? Eddie Bauer — who lost the $825 million acquisition offer from Jos. A. Bank as a result of the new transaction.

In other news, Chobani may be valued at $5 billion.

Opinions:

• Why IPOs don’t always offer more transparency and governance
• Bitcoin: The future of M&A deals?
• Why medical practice mergers fail to get off the ground
• Over the ‘hangover’: With banks again providing senior debt, deals on the rise
• How private equity should respond when crisis strikes
• GPs mine management fee gold on dry powder mountain
• Women in private equity are still underrepresented
• LPs are starting to feel good about venture capital again
• Looking for a small business loan? Do you know your business credit score?
• Assess your CEO’s strategic fit over time

Transactions:

• Lockheed Martin to acquire Industrial Defender
• Gladstone Capital Corporation invests in WadeCo Specialties
• Arsenal Capital Partners acquires Kel-Tech
• Fireman Capital Partners buys majority stake in Surfside Coffee Company
• M2 Media Group acquires American Publishers
• Hello Vino acquires Corkbin
• Peppertree Capital commits $80 million to Blue Sky Towers
• Audax acquires CURT Manufacturing
• Riverstone commits $250 million to Rock Oil
• Hastings sells Danlin Industries to Arsenal Capital Partners
• Antarctica Capital invests in Lanier

Member Spotlight:

Marcum Cronus Partners LLC (Marcum Cronus), an investment banking firm advising clients on private equity and debt financings, recapitalizations, and buyside and sellside opportunities, is pleased to announce it acted as the exclusive financial advisor to World Oil Tools Inc. in a leveraged recapitalization through credit facilities provided by HSBC Bank Canada and the Business Development Bank of Canada. World Oil Tools is a Canadian-based manufacturer and supplier of downhole equipment and tools to the oil and gas industry. Read the full release here.

The transaction was managed by Shane Campbell, Director, who leads Marcum Cronus’ efforts in the energy sector with a focus on midstream oil and gas and oil and gas equipment and services. The firm’s main coverage areas within the sector include: oil and gas equipment manufacturing, oilfield services, environmental technology, water and waste water reclamation services and technology, midstream logistics and transportation, midstream infrastructure and services, specialty manufacturing, and general industrial manufacturing and business-to-business services.