Wire and Cable Company Acquired by International Buyer
Carter Morse & Mathias ("CMM") is pleased to announce that it served as the exclusive financial advisor to a confidential specialized industrial wire company ("Client") in its sale to an undisclosed international strategic buyer. Terms of the transaction were not disclosed.
CMM Announces Three New Advisory Board Members
April 1, 2018
Carter Morse & Mathias is pleased to announce that it has added three professionals to its Board of Advisors, which consists of prominent business professionals from business sectors that are important to CMM's mission and its clients.
2017 Year in Review
Last year, our 30th year in business, was eventful in so many ways. We settled into our new offices in the historic Tide Mill Building overlooking Southport Harbor. From this new inspirational setting, we seem to get in earlier, entertain many more clients and prospects, and work a little bit harder, even with the distractions of the seasonally-changing wildlife and spectacular sunsets out our office windows. We also managed to close several important transactions, hired and integrated a new managing director and an analyst and earned several M&A awards.
Two CMM Transactions Named Finalist for Deal of the Year Awards
Carter Morse & Mathias is proud to announce that two of its transactions have been named a Finalist in multiple categories for the prestigious Deal of the Year awards at the 16th Annual M&A Advisor Awards ceremony.The sale of Communication Networks, LLC ("ComNet") to Access Control Related Enterprises, LLC ("ACRE"), a portfolio company of LLR Partners a private equity firm was named as a Finalist in the Information Technology Deal of the Year award, while the sale of a majority interest of SavATree to CI Capital Partners, a NYC based private equity firm, was named as a Finalists in Consumer Discretionary Deal of the Year category.
CMM Celebrates 30 years
We would like to sincerely thank the hundreds of clients, referral sources and trusted advisers with whom we have worked to help owners of private businesses maximize shareholder value through their 'once in a lifetime' transactions.
CMM's 2017 Mid-Year Review
We are happy to highlight some of our notable achievements during the first six months of 2017 and share with you a few updates at Carter Morse & Mathias. We continue to see strong activity and valuations in the middle market, driven by dynamic private equity markets, readily available credit markets, ample cash from strategic buyers and a surging public stock market. It continues to be a 'sellers' market' with robust valuations and more flexible terms. Although we don't see any immediate material risks to this frothy market, we are confident that it cannot last much longer. If you are contemplating a transaction in the next few years, we encourage you to consider it sooner rather than later.