News

Stamford, Connecticut, December 2016 – TrueNorth Capital Partners LLC is pleased to announce that its wholly-owned subsidiary, TNCP, LLC (“TrueNorth”) acted as exclusive financial advisor to LPI, Inc. (“LPI”) in its acquisition of assets of Vortex Whirlpool Systems, Inc., dba Catalina Spas.

Stamford, Connecticut, September 2016 – TrueNorth Capital Partners LLC is pleased to announce that its wholly-owned subsidiary, TNCP, LLC (“TrueNorth”) acted as exclusive financial advisor to Environmental Control, Inc. d.b.a Encon, Inc. (“Encon”) in its sale to the Service Logic family of HVAC companies, a portfolio company of Sterling Investment Partners.

Stamford, CT, September 2016 –TrueNorth Capital Partners LLC (“TrueNorth”) is pleased to announce that its wholly-owned subsidiary, TNCP, LLC acted as financial advisor to Macton Corporation in connection with the refinance of its senior loan facility. Funding was provided by the Asset Based Lending Group at Rockland Trust Company.

Stamford, CT, August 2016 –TrueNorth Capital Partners LLC (“TrueNorth”) acted as exclusive financial advisor to The Official Committee of Unsecured Creditors of Back9Network, Inc. and Swing By Swing, Inc. (the “Committee”).

The national M&A market has rebounded strongly from the cyclical downturn of the Great Recession. In the 2010-2015 period, national transaction volume increased at a compounded annual growth rate (“CAGR”) of approximately 9.5%. Meanwhile, M&A multiples have returned to the historically high levels reached prior to Great Recession. Such vitality in the M&A market during the recent cyclical recovery is in stark contrast to the relatively slow growth experienced in the overall economy.