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

Benchmark International is pleased to have advised on an agreed deal for the sale of Jet Environmental Systems to Wozair Limited.

Benchmark International is pleased to have advised on an agreed deal for the sale of Web Age Limited to Cloudstream Technology Limited.

Benchmark International is pleased to have advised on an agreed deal for the sale of Oakwood Technology Group Limited to Thermotech Solutions Limited.

Benchmark International is pleased to have advised on an agreed deal for the sale of Freshwater Coolers Plc to Office Watercoolers.

Acting on behalf of Windsor Metal Specialties, Inc. dba Windsor Metal Finishing (“Windsor”) and its shareholders, global company sales specialist Benchmark International successfully facilitated the sale of Windsor Metal Finishing to CR Coatings & Logistics Management Group, LLC., (CR Coatings) a portfolio company of D’OrazioCapital Management, Inc.

Benchmark International has successfully facilitated a common ownership transaction amidst NISSCO Restaurant Dealer Group and Excell Marketing and Procurement Group.

Benchmark International, acting on behalf of Sterling Property Services, LLC (“Sterling”) and its shareholders of Bonita Springs, Florida, USA, successfully facilitated the sale of Sterling to Vesta Property Services (“Vesta”).

Benchmark International is pleased to announce that a deal has been agreed for the sale of Titan New Lifts Ltd to Elevator Engineering Enterprises Ltd.

Benchmark International is pleased to announce that a deal has been agreed between UPS Systems PLC and Data Centre Response Ltd.

Benchmark International is pleased to announce that a deal has been agreed between Spokemead Maintenance Ltd and Bilby PLC.

Benchmark International is pleased to announce that a deal has been agreed between Programmable Systems Design Ltd and Innovative Control Systems.

Benchmark International is pleased to announce the successful sale of Tricorn Systems Limited to Valuechain.com.

We at Benchmark International are pleased to announce that a deal has been agreed between Ship-Elec and KEW Ltd.

Benchmark International is pleased to announce the sale of the Osprey Management Company Limited to Reit Plc.

Benchmark International is pleased to have advised on an agreed deal for the sale of Melpass Limited to Vil Holdings Limited.

Benchmark International has successfully facilitated the transaction between Component Technology, Inc, dba CTI Aviation for 100% sale to Monroe Engineering.

Benchmark International is pleased to announce the sale of Pocketbond Limited to Bachmann Europe Plc.

Benchmark International has successfully negotiated the sale of Conarc, Inc. (“Conarc”) to Swiftcurrent Holdings, Inc. (“Swiftcurrent”), an affiliate of ESW Capital, LLC ("ESW"). The transaction represents the conjoining of two best-of-breed solution providers.

Based in Alpharetta, Georgia, Conarc develops and sells client management software solutions used in a variety of industries including finance/accounting, real estate, healthcare and insurance. Conarc’s flagship content collaboration software product, iChannel, was built from the ground up by the Conarc development team, allowing the company the flexibility to offer a multifaceted solution with the ability to customize features to client specifications. Additional programs within the Conarc suite of products include a customer relationship management solution, workflow module, a file management system and multiple finance and accounting database products.

For nearly 20 years, Conarc has been committed to finding innovative ways to connect people, businesses, and ideas. With a current presence throughout the United States and Canada, Conarc remains dedicated to continuing improvement and growth.

Based in Austin, Texas, Swiftcurrent is part of the ESW Capital group (www.eswcapital.com) and is specifically focused on acquiring and growing industry-focused business software companies. ESW buys, transforms, and runs mature software and technology companies. By taking advantage of its unique operating platform, ESW revitalizes its acquisitions for sustainable success while making customer satisfaction a top priority. ESW and its affiliated companies have been in the enterprise software space since 1988, and the group includes notable brands such as Trilogy, Aurea, Versata, and Ignite Technologies.

Benchmark International’s Tyrus O’Neill acted as the lead on this transaction and was successful in pinning down the needs of both parties involved, “This is one of those transactions where the parties were truly a good fit right from the start.” O’Neill stated, “On behalf of Benchmark International, we are thrilled to have been able to work alongside our client, Conarc, in this transaction. Chet Joglekarhas built a tremendous suite of software solutions and we believe it is a perfect fit for Swiftcurrent.” Senior Associate, Sunny Garten, added, “We have really enjoyed working with our client, Chet Joglekar, and would like to take this opportunity to wish both parties the best of luck moving forward.”

Conarc, Inc. CEO and Founder, Chet Joglekar, stated, “Benchmark International’s hands-on approach during all aspects of the transaction process was fundamental in our successful deal closing. Benchmark’s industry knowledge and relationships proved to be highly valuable as they assisted us in identifying a buyer that fits our innovative culture and provides Conarc with the resources necessary to continue the company’s trajectory of rapid growth.”

Q1 2016 – M&A Deals Round-up

Benchmark International has successfully negotiated the sale of Original Impressions LLC (“Original Impressions”) to Postal Center International, Inc. (“PCI”).

Benchmark International is pleased to announce the sale of CH4 Gas Utility & Maintenance Services Limited to Smart Metering Systems Plc.

Cleveland, Ohio, February 24, 2016 – SCG Partners is pleased to announce that it has acquired the assets of an additional commercial landscape company in Florida and is actively seeking additional acquisitions in the landscape maintenance industry throughout the Southeastern US.  Financial terms of the transactions were not disclosed.

Benchmark International is pleased to announce the successful sale of Endeavour International Limited to I.M.M Hydraulics (UK) Limited.

The M&A specialist, Benchmark International has successfully negotiated the sale of Uniform Sales of America, Inc. to a high net worth individual.

Uniform Sales of America is located in Lithia Springs, GA, a suburb of Atlanta, GA. The company is a business-to-business provider of personalized uniforms and accessories to companies and government agencies. Benchmark International secured a multiple of 7.56X EBITDA for the seller; a ratio higher than what is typical in the industry.

The seller interviewed four or five other intermediaries prior to engaging Benchmark, but choose Benchmark International over the others because of its global reach, proven track record, professionalism, marketing vision, and approach to valuation. Benchmark did not put a cap on the valuation and the seller knew that the sky was the limit.

Confidentially was important to the client because the seller wanted to divulge a potential deal to others only when the time was right. Thus, Benchmark represented the client confidentially, but left no stone unturned when it came to marketing strategies.

When the opportunity went to market, there was immediate interest. Benchmark’s team narrowed the interest down to three or four offers. Benchmark presented the details of each offer to the seller and the team handled all negotiations on behalf of the seller. Benchmark’s expertise was comforting for the seller. The team maximized value for the seller, brought the deal together quickly and minimized interruption to the daily operations of the business.

After spending 30 years building the business, the seller will be enjoying retirement and spending time with his new grandson. Benchmark wishes the seller a happy and satisfying retirement and offers the best of luck to the new owner.

Benchmark International is pleased to announce the sale of Berriewood Wholesaler LLP to VioVet Limited.

International M&A specialist, Benchmark International, has successfully negotiated the sale of Coating & Moisturizing Systems, Inc. (“CMS”) to Grace Harbor Group, Inc. and Osceola Capital Management, LLC.

International M&A specialist, Benchmark International, has successfully negotiated the sale of Sea Level Marine to the Rheinhold & Mahla Group (R&M).

Benchmark International is pleased to announce the successful sale of Lancashire-based ROC North West, a provider of residential care and education, to CareTech Holdings in a deal worth in excess of £11m.

Established in Lancaster in 2005 by founding directors Hilary Waterhouse and Glyn Waterhouse, ROC provides education and residential care for challenging and vulnerable young people with complex needs. It currently offers 41 residential places in seven residential homes across Lancashire and 25 education places in its school in Preston.

Hilary Waterhouse, Co-founder of ROC, said: "ROC is a family run business offering high standards of care and education in the learning disabilities sector. We are pleased that we have now joined the larger family of CareTech. We had a number of different companies wishing to buy our business but chose CareTech as we believe in their philosophy of care and working practices that mirror our own expectations and high standards."

Benchmark International represented a specialty marketing firm that closed in October 2015. Benchmark International began their relationship with the seller about two years prior to the sale. 

https://vimeo.com/121610256

International M&A specialist, Benchmark International, has successfully negotiated the sale of Omega Technology Solutions to publically-traded Certive Solutions Inc.