June 2017

Southport, CT

CMM is proud to announce that the acquisition of our client, Communication
Networks, LLC ("ComNet") by Access Control Related Enterprises, LLC ("ACRE"), a portfolio company of the private equity firm LLR Partners, was named Corporate/Strategic Deal of the Year ($50 million to $100 million) at the 9th Annual International M&A Awards held in New York on June 12, 2017. ComNet offers a broad line of fiber optic, copper and wireless video and data transmission equipment that is designed to meet the needs of security and surveillance in the intelligent transportation systems, utility and industrial markets.

 

Ramsey Goodrich, Managing Director of CMM, stated "We are honored to win this award on behalf of our client ComNet. This award represents our commitment to delivering exceptional results for our clients, something we have done for more 30 years, and our ability to maximize shareholder value through a transaction like this."

ComNet Winner
We are pleased to share this award with the other members of the transaction team including: legal counsel of Martin LLP (Counsel for Equity Holders) and Day Pitney (Counsel for Management), accounting firms Martin DeCruze & Company (Accounting) and Marcum LLP (Tax and Due Diligence Advisory). LLR and ACRE were advised by Pepper Hamilton (legal) and KPMG (accounting due diligence). BMO Harris Bank N.A. and Antares Capital were the lead arrangers for a syndicate of lenders who provided the debt capita.

 

David Fergusson, President and Co-CEO of The M&A Advisor: “The 2017 International M&A Award winners represent the best of the international M&A industry in 2016 who earned these honors by standing out in a group of very impressive finalists.”


Over 260 companies, representing every major market in the world, became finalists for the awards. An independent judging committee of 23 top M&A industry experts determined the ultimate recipients of the awards which were revealed at the gala. The qualifying criteria include deals that feature multinational corporations, international expansion of product and service markets, and/or stakeholders from more than one country.

ABOUT THE M&A ADVISOR

Founded in 1998, The M&A Advisor was the first dedicated media company to offer insights and intelligence on mergers and acquisitions. As the world’s premier think tank and leadership organization for M&A, restructuring and corporate finance professionals, the firm provides a range of integrated services including: The M&A Advisor Forums and Summits; The M&A Advisor Market Intelligence; M&A.TV.; The M&A Advisor Live; The M&A Advisor Awards; and The M&A Advisor Connects. To learn more about the company’s Leadership Services visit www.maadvisor.com

Click here to view the full list of winners.

For more information, please contact Ramsey Goodrich at Carter Morse & Mathias.