Representative transactions
Invested with partners in acquiring control of publicly listed Core Mark International Inc, a $2.5 billion per year distributor of consumer products to convenience stores in Canada and the US. Reversed the negative earnings and sold the company to private buyers.
Led the acquisition and turnaround of Loomis Armored Inc, North America's third largest armored transport company and subsequently merged it with Wells Fargo Armored to become the present day Loomis Fargo & Company.
Led the acquisition and management of Kimpex, a distributor of after-market parts and accessories to the snowmobile, motorcycle and marine industries and took the Company public in an IPO.
Acquired the Canadian Yarn Divisions of Dominion Textiles and consolidated the two divisions into a new stand-alone company named Cavalier Textiles LLC. Cavalier Textiles acquired the specialty yarn operations of the Dixie Yarn Company and operated four specialty yarn plants in the U.S. and Canada and two commodity yarn plants in Canada with combined sales in excess of $220 million.
Acquired LaGran Canada Inc., a manufacturer of narrow fabric and warp knit products. LaGran is a leading non-captive supplier of seat-belt webbing to Tier I automotive suppliers in North America. In addition, the Company's warp knit division is a supplier of warp knit tricot and elastomeric fabrics to the U.S. and Canadian apparel industry.
Acquired a manufacturer of packaging equipment for the consumer products and pharmaceutical industries. The Company subsequently acquired several add-on businesses including a manufacturer of high-speed palletizers and depalletizers, a technological leader in producing case, pallet and tier sheet washers and a manufacturer of capsule filling machines and other fabricated parts for a diverse list of industrial clients.
Invested $22 million of start-up capital in Four Leaf Textiles, a new state-of-the-art ring-spun specialty yarn mill. Four Leaf has been the only major start-up of a green field specialty yarn mill in more than a decade. Demand for its competitive high quality product led to Four Leaf's acquisition of and re-equipping of specialty yarn mills from Stonecutter and Shelby Yarns.
Established Pacific Mercantile Bank (NASDAQ), currently a publicly traded $825 million commercial bank headquartered in Costa Mesa, CA and serving the middle corporate customer with sophisticated electronic capabilities.
Led the recapitalization and turnaround of publicly traded Signature Eyewear Inc (OTC), a fashion eyeframe manufacturer with licenses from Laura Ashley, Eddie Bauer, bebe, Hart Shaffner & Marx, Nicole Miller, Dakota Smith and Hummer Eyegear.
Acquired JLM Foodservices, Inc, a 30 year old, frozen fish processor and sourcer/processor to the foodservice industry. This rapidly growing manufacturer serves high profile customers through its strategic relationship with NYSE listed SYSCO Corp.
Participated in the recapitalization and turnaround at 113-year-old Cosco, Inc., largest custom rubber stamp manufacturing company in North America. Products include marking, stamping and box cutting items for the office and personal needs. Expanded distribution in US and Canada to multi-location office supply chains and single unit print shops.
Led the venture financing requirements of OTC traded Braintech Inc, a designer and developer of software for vision guided robotics (VGR) systems. Braintech has initially developed a family of advanced vision technologies specifically for the industrial robotics market and has entered into a strategic partnership with the world's leading robotics manufacturer, ABB, to co-market its TrueView line of VGR solutions.