Quarterly Update | May 2021
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Middle market merger and acquisition deal activity began picking up steam in late 2020 after an unnerving period of broad market interruption brought on by COVID-related economic shutdowns. Since March, investment bankers had been monitoring the performance of their sell-side clients to assess in real time the impact of those conditions on companies’ performance and marketability. While certain industries remained depressed, primarily those related to travel and hospitality, the prospect of vaccine rollouts, approval of a second fiscal package and a soaring stock market combined to reignite market activity by the end of 2020. For companies that shrugged off the effects of the coronavirus or had established a new baseline of activity, the buyer universe was increasingly undeterred by high unemployment rates, new COVID variants and the pandemic’s substantial economic impact on small businesses. The Q4 ‘20 result was a rebound in deal volume, rising valuations, greater availability of debt, and (surprisingly) a decrease in utilization of representation & warranty insurance. |
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GulfStar Announces Promotions |
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GulfStar is pleased to announce the promotions of Charles Craig to senior vice president and Michael George Jadick (M.G.) to associate. These promotions are well-deserved recognition of the achievements and valuable contributions that Charles and M.G. have made to the firm over the past several years. We applaud them for their hard work and commitment to our clients.
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GulfStar Forms New Environmental & Sustainability Practice |
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GulfStar recently announced that Charles Craig, senior vice president, will also lead the newly formed Environmental & Sustainability Practice, which will focus on companies developing products or providing critical services that mitigate environmental impact, specifically those committed to energy and resource efficiency, environmental services, waste remediation and cleantech. |
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GulfStar Awarded International Energy Deal of the Year |
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The M&A Advisor announced GulfStar Group as a winner at the 12th Annual International M&A Awards. The Acquisition of W&W Energy Services by Petrofac, led by Managing Director Brian Lobo, won Energy Deal of the Year. The awards were presented at the virtual International M&A Awards Gala on January 21, 2021. The M&A Advisor has honored leading international M&A transactions, companies, and dealmakers since 2009.
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ACG Houston Recognizes GulfStar as Finalist |
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The Association for Corporate Growth (ACG) Houston recently recognized GulfStar as a finalist for the Fourth Annual Deal of the Year Awards. ACG Houston announced the winners at the virtual Deal of the Year Awards Ceremony on April 20, 2021.
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Industrial, Power & Infrastructure (Private Equity) & ($25MM–$100MM)
Finalist
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Industrial, Power & Infrastructure (Strategic)
Finalist
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Industrial, Power & Infrastructure (Strategic)
Finalist
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Case Study: Easy Way Leisure Corporation Has Completed a Majority Recap with Insight Equity |
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How GulfStar helped navigate the sale process for the Randman family
This case study explores how Easy Way, a specialized manufacturer of premium outdoor furniture products, decided to pursue a recapitalization transaction not only to accelerate the Company’s market leadership position, but also to realize personal liquidity for its owner.
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Upcoming Webinar: Private Equity Breakfast Speaker Series with Platte River Equity
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Please join us for the Private Equity Breakfast Speaker Series, a premier middle market virtual series where senior members of leading private equity firms are invited to present their perspectives on the private equity arena. This event is geared towards senior-level equity investors, investment bankers, lenders, attorneys and other financial services professionals. Zoom link provided upon registration.
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Webinar Recaps: Private Equity Breakfast Series |
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Incline Equity
April 13, 2021
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The Riverside Company
March 9, 2021
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Coltala Holdings
February 9, 2021
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Housewares/Home Decor & Accessories |
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GulfStar Managing Directors |
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Cliff Atherton
Managing Director
713-300-2060
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Kent Kahle
Managing Director
713-300-2025
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Colt Luedde
Managing Director
713-300-2015
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Bryan Frederickson
Managing Director
713-300-2030
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Stephen Lasher
Managing Director
713-300-2010
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Scott Winship
Managing Director
713-300-2011
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Tom Hargrove
Managing Director
713-300-2050
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Brian Lobo
Managing Director
713-300-2047
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Begin With the End in Mind |
When you decide it's time to make an important business transaction, it's critical that you assemble the right team of experts to ensure you are optimizing the outcome.
Securities offered through GulfStar Group I, Ltd. an affiliated entity, member FINRA - SIPC. BrokerCheck.
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