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Benchmark International, has successfully facilitated the sale of Sun Coast Hydraulic Electric MFG.,Inc. to Scott Industrial Systems, Inc.

International M&A specialist, Benchmark International, has successfully facilitated the sale of Sun Coast Hydraulic Electric MFG.,Inc. (“Sun Coast”) to Scott Industrial Systems, Inc. (“Scott Industrial”).

Based out of Jacksonville, FL, Sun Coast is a fully-integrated manufacturer of electric control panels and hydraulic power units.

Scott Industrial is a full-line fluid power distributor headquartered in Dayton, Ohio. The company offers sales and service expertise in hydraulics, pneumatics, and electronic control systems. The company currently serves customers in Ohio, Kentucky, Indiana, Illinois, Western Pennsylvania, West Virginia and Tennessee. Through this acquisition, Scott Industrial continues to expand its nationwide geographic footprint.

 

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Tim Sparks, the founder at Sun Coast, commented, “We are thankful for the role Benchmark International played in the acquisition process. They brought a knowledgeable team to the table and were able to push it through to the end. We are confident this relationship with Scott Industrial Systems will allow us to better serve our clients, and we look forward to the growth to come.”

Dara Shareef, Managing Director at Benchmark International, stated, “It was a pleasure to represent Sun Coast in this transaction, and on behalf of Benchmark International, we are extremely pleased with the outcome. Allowing both the seller and acquirer to prosper and benefit is always an ideal end result.”

Senior Associate, Sunny Garten, added, “Sun Coast is a UL electrical panel manufacturer with many years of experience in the car wash, industrial, and waste water industries. We’re excited to see that this legacy will be preserved and enhanced through this transaction with Scott Industrial. On behalf of Benchmark International, we wish the parties the best of luck moving forward!”

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Benchmark International Announces Acquisition of Carl Amber Isiah and Associates Co. by Whalen Strategies

International M&A specialist, Benchmark International, has successfully facilitated the transaction between Carl Amber Brian Isaiah and Associates Co. (“CBAIA”) and Whalen Strategies, Inc. (“WSI”).

Headquartered in Fredericksburg, Virginia, CBAIA is a Service Disabled Veteran Owned Small Business (SDVOSB) which was established in Partlow, Virginia in 2005 by Carl Lawson Sr. CBAIA’s main offerings include Logistics Management and Hardware Lifecycle Support with a primary focus on providing outstanding support to the Department of Defense. In 2005, CBAIA’s efforts were honored with the United States Marine Corps Systems Command (USMS MCSC) Global War on Terrorism (GWOT) Award and were highlighted for outstanding support services supporting the Marine Corp Logistics Command (Care of Supplies in Storage – Barstow, CA) in an official Marine Corp publication.

 

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With over 30 years of experience in the defense contractor space, Kelly Whalen of WSI will be leading the CBAIA team as Chief Executive Officer. After spending his last 10 years in various executive positions in the life cycle logistics sector, Kelly will immediately take part in executing strategic initiatives to bolster CBAIA’s growth. The acquisition of CBAIA represents an excellent addition to WSI’s growing presence and further expands on its current footprint.

“Benchmark International played an instrumental role in marketing my family company, interviewing potential buyers, and properly cementing a deal that was beneficial to both parties, ultimately facilitating a successful acquisition,” said CBAIA’s Chief Operating Officer, Carl Lawson Jr. "From the beginning, the Benchmark team was diligent in identifying the perfect buyer for my business and brought multiple candidates to the table. Overall, WSI was the ideal fit from an acquirer standpoint and I’d like to extend a big thank you to Benchmark for the hard work and extraordinary effort that made this transaction a reality."

Trevor Talkie, Senior Associate at Benchmark International, added, “It was a pleasure working with the Lawson family from the early stages of our marketing process right through to the transaction closing. Given Carl Sr.’s vision for CBAIA and the strategic value that Kelly (WSI) brings to the table, we feel this deal was a win-win for both sides.” Director, Tyrus O’Neill, added, “Carl Sr. has built a tremendous business and we’re ecstatic to have brought his exit strategy goals to fruition. On behalf of Benchmark International, we wish both parties the very best moving forward.”

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Benchmark International Facilitates Sale Of Forward Ventures, Inc. To Powerhouse Equipment And Engineering Co., Inc.

Benchmark International has successfully facilitated the asset sale of Forward Ventures, Inc. (“Forward Ventures”) to Powerhouse Equipment and Engineering Co., Inc. (“Powerhouse Equipment”). The transaction unites two market leaders in the boiler sales and services industry.

Forward Ventures, based in Gastonia, North Carolina, has been providing high quality boiler equipment and services across the southeastern United States since 1971. The company specializes in the service, sales, and installation of boilers and boiler room equipment throughout the region. For over 40 years, Forward Ventures has been committed to providing its clients with the highest level of boiler services and industry-leading technology.

Powerhouse Equipment, headquartered in Delanco, New Jersey, sells new and used boilers and provides boiler services to companies across a wide range of industries, with a focus on industrial and heavy commercial businesses. The company offers its products and services internationally, and partners with leading manufacturers to satisfy the needs of companies worldwide.

 

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Tyrus O’Neill, Director at Benchmark International, said, “It was a pleasure to represent Forward Ventures in this transaction, and on behalf of Benchmark International, we are extremely pleased with the outcome. Achieving our client’s goals and objectives regarding their exit strategy has been a thoroughly satisfying experience and we wish both parties the best of luck moving forward.”

Sunny Yang Garten, Senior Associate at Benchmark International, affirmed, “We have really enjoyed working with our client, Tom Goldner, and the rest of the Forward Ventures team. At the end of the day, we believe our client found the perfect fit to carry on the company’s legacy within the industry.”

Forward Ventures, Inc. President, Russell “Tom” Goldner, stated, “I was extremely pleased with the overall experience provided by Benchmark International’s transaction team. I believe we found the best acquirer for our business to continue to build on the platform that has been created. Thank you to Benchmark International for the extraordinary effort in helping facilitate this deal.”

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Benchmark International Completes Sale Of Charron Sports Services, Inc. To Corvus Industries, Ltd., DBA Br Bleachers And DBA Facili-serv

Benchmark International has successfully negotiated the sale of Charron Sports Services, Inc. (“Charron”) to Corvus Industries, LTD. (“Corvus”).

Based in Liberty, South Carolina, Charron is an industry

 leader in the installation, maintenance and restoration of aluminum bleachers, telescoping bleachers (gymnasium bleachers) and other seating. The company’s other offerings include basketball backstops and other various gym equipment items.

Since 1991, Charron has been committed to providing reliable and dependable bleacher repair services to some of the Southeast’s largest schools systems. Since inception, the company has grown from a small family business to a profitable venture. The company’s technical knowledge, experienced staff, and professionalism not only ensure client retention, but foster additional growth opportunities within the industry.

With operations dating back to 1973, Corvus is recognized nationally as a major player in the bleacher repair and maintenance space. Bleachers are considered a great liability for institutions, and Corvus has been dedicated to ensuring that bleachers are safe and current with the latest safety codes. Today, Corvus industries is further expanding its geographic presence with the strategic acquisition of Charron Sports.

Tyrus O’Neill, Director at Benchmark International, stated, “It was a pleasure to represent Charron Sports in this transaction, and on behalf of Benchmark International, we are extremely pleased with the outcome. Allowing both the seller and acquirer to prosper and benefit is always an ideal end result.”

Senior Associate, Trevor Talkie, added, “We have really enjoyed working with our client, Maury Purcell, and bringing to the table a company that very closely represents Charron’s ideal candidate in terms of corporate culture and values. Overall, this has been a thoroughly satisfying experience and we wish both parties the best of luck moving forward.”

President and Founder of Charron Sports, Maury Purcell, stated, “Benchmark International played an instrumental role in facilitating a transaction quickly and fairly. I would like to thank the Benchmark International transaction team for the extraordinary effort in representing Charron Sports in this deal. We strongly feel this end result could not have been achieved without the help of each member there."

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The Common Source Client Testimonial {video}

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BENCHMARK INTERNATIONAL ADVISES ON TREC CORPORATION’S SALE TO INERGEX HOLDINGS

Benchmark International has successfully negotiated the sale of TREC Corporation (dba TREC Global) to Inergex Holdings LLC.

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