November 5, 2013 – Integro (Canada) Ltd. today announced its acquisition of Winnipeg-based Multimedia Risk Inc., a leading specialized insurance brokerage serving the national and international film and television production industry from offices in Canada and the United States.

Financial considerations were not disclosed.

Established in 1998, Multimedia Risk has brokered coverage for hundreds of film productions, including “The Expendables,” “The Mechanic,” “Midnight’s Children” and “Getaway” as well as television productions, ranging from “Heartland” and “Cracked” to “Corner Gas,” “Little Mosque on the Prairie,” “Cashing In” and “Todd and the Book of Pure Evil.”

“Multimedia Risk adds to our geographic presence and enhances our expertise in entertainment,” noted Mark Rankin, president of Integro Canada. “With Integro offices in Montreal, Toronto and Vancouver, Multimedia gives us a physical presence in a fourth Canadian city and province, Winnipeg, Manitoba, and its diversified, flourishing economy. We are excited to welcome Claude Forest and his accomplished team, and to leverage their success across the Integro organization.”

Forest, who founded and leads Multimedia Risk, said, “We are proud of what we’ve accomplished over the past 15 years and excited at the prospect of helping Integro assume a leadership role on the international entertainment risk management stage.”

Multimedia Risk is the latest of several international entertainment sector acquisitions by Integro Canada’s parent company – New York-based Integro Insurance Brokers — in recent years:

• Doodson Broking Group, a UK-based entertainment and sports specialist (October 2013);
• Allan Chapman & James, leading UK-based media insurance broker (August 2012);
• Frost Specialty, Nashville, TN-based entertainment specialist (August 2010).

About Multimedia Risk Inc.

Since 1998, Multimedia Risk has provided insurance-related services to the national and international film and television industries — covering the spectrum from micro budget to blockbuster productions. Multimedia Risk understands the complexities of motion picture and television production in all its forms, and tailors comprehensive, cost effective solutions delivered on time from offices in Canada and the United States.

About Integro (Canada) Ltd.

Established in 2005, Integro Canada provides commercial clients, from coast to coast, with solutions to complex risk challenges from its offices in Montreal, Toronto and Vancouver. The firm offers a broad array of brokerage services with specialties in Mining, Manufacturing, Construction, Marine, Real Estate and Recreational. Integro Canada is a division of Integro Insurance Brokers, an international insurance brokerage and risk management firm based in New York.

About Integro

Integro is an insurance brokerage and risk management firm focused primarily on serving organizations with complex risks. Clients credit Integro’s superior technical abilities and creative, collaborative work style for securing superior program results and pricing. The firm’s acknowledged capabilities in brokerage, risk analytics and claims are rewriting industry standards for service and quality. Launched in 2005, Integro and its family of specialty insurance and reinsurance companies, some having served clients for more than 100 years, operate from offices in the United States, Canada, Bermuda and London.

Source: Mediacaster

October 22, 2013 – International insurance brokerage and risk management firm Integro announced it has acquired Doodson Broking Group, a UK-based entertainment and sports specialist that also provides full service commercial and private client broking services.

Doodson was established in 1964 in Manchester. It also has UK offices in London and Halifax, and Austin, Texas in the US. Integro’s bulletin notes that it has “has achieved significant success with clients in the entertainment, live event and sports sectors in the UK and US, and also large corporate entities and high net worth private clients in the UK.”

Integro President and CEO Peter Garvey said: “Joining forces with Doodson enhances our reach and existing strengths in sports and entertainment, as well as our presence in UK retail broking.” With the addition of Doodson as well as the firm’s strong organic growth, Garvey noted, Integro’s annualized revenue surpasses $150 million.

“Strategically Doodson, along with earlier acquisitions Frost Specialty, a significant presence in entertainment coverage in the United States; and Allan, Chapman & James, a leading film and media insurance broker in the United Kingdom, solidifies Integro as a leader in entertainment and live event risk,” Garvey said.”

Integro said the “current Doodson management team, led by Neil Clayton with the support of James Dodds and David Leech in the UK, and Roger Sandau in the US, will remain in place.”

Managing Director Clayton said: “Partnering with Integro is great for Doodson clients and staff. The combined forces of the group will give us a great platform to continue to grow the business in the UK and internationally, especially in our key sectors. Integro has a culture and ethos completely aligned with Doodson’s, further strengthening the strategic fit.”

Source: Integro

PHOENIX, AZ ( 4 September 2013) Cave Creek Capital Management is pleased to announce its investment in QK Holdings LLC, the largest Denny’s franchisee in the United States.  QK operates 84 Denny’s and DelTaco restaurants in Arizona, Colorado, New Mexico, Oregon, Texas and Utah generating over $100 million in annual revenues.

Doug Koch, President of QK Holdings, said, “We are looking forward to growing even faster with the strategic guidance and additional capital from our new partners.  They structured a deal which met our needs perfectly”.  CCCM’s transaction funded both growth capital and personal liquidity for the Founders who maintain a majority interest in the Company.  Robbie Qualls, Doug Koch and Dennis Ekstrom will continue as Chairman, CEO and COO of the Company.  Kevin Fechtmeyer, Managing Partner of CCCM, noted “QK is a classic example of our investment approach; pick strong operators who don’t necessarily need to sell but would like an institutional partner to fund growth,  cash out some of the shareholders and leave the management team with an even larger equity upside in the future.”

Co-investors included Stewart Capital of Stilwell, Kansas and Seacoast Capital, an SBIC based in San Francisco and Boston.  The senior lenders in the transaction included lead agent, GE Capital, National Bank of Arizona and Alliance Bank of Arizona.

Dennys Corp.

Denny’s Corp  (NASDAQ: DENN) is a leading national franchised chain of family restaurants with nearly 1,700 locations worldwide.  Founded in 1953, Denny’s has built a strong brand with its America’s Diner theme and its Grand Slam ™ and $2-$4-$6-$8 Breakfast, lunch and dinner specials.

DelTaco Corp.

DelTaco is a national quick service restaurant (“QSR”) chain offering freshly prepared, value for the money Mexican and American favorites.  The Company, founded in 1964, is based in Lake Forest, CA and has grown rapidly to over 500 locations in 16 states becoming the second largest Mexican QSR concept in the U.S.

Cave Creek Capital Management LLC

Cave Creek Capital, based in Phoenix, AZ, is a growth investor with the flexibility of a family office, the talent of a major firm and a much wider range of capital solutions than traditional private equity funds.  Cave Creek Capital does not require control and can invest in both equity and debt.  With no structural deadlines, we can be patient investors and focus on long term goals.  This enables Cave Creek Capital’s management partners to achieve leadership in their markets and generate exceptional growth and returns.

For more information, please contact:

G. Kevin Fechtmeyer
Managing Partner
Cave Creek Capital Management LLC
2355 E Camelback Rd Suite 510
Phoenix, AZ 85016
480-478-6960
kfechtmeyer@cavecreekcapital.com

SOURCE

(Chandler, AZ) In June 2012, Liberty Distribution completed its sale to Vistar, a division of Performance Food Group.  Founded in 1998 by Jim Schweikert, Liberty Distribution grew to become the leading snack food distributor to non-food retailers.  G. Kevin Fechtmeyer, Managing Partner of Cave Creek Capital, noted, “This was a tremendously successful investment due to the energy and teamwork of Liberty’s management which helped grow its revenues by nearly 400% since our investment in 2008.  This Transaction generated a return of 5.5 times our initial investment.

Patrick Hagerty, President and CEO of Vistar noted, “We have long admired Liberty, they pioneered the availability of candy and snacks to nonperishable retailers. This category is now common place in retail industries where it was virtually unknown just 15 years ago. We are excited to be adding the entrepreneurial spirit of Liberty’s management team and we are confident that they will be instrumental in helping Vistar meet its long term growth strategy.”

Cave Creek Capital Contact:
Jourdin Lambright, Marketing Associate
Phone: (480) 478-6960
jlambright@cavecreekcapital.com

Bastech, (Jacksonville, FL) a leading provider of chemical solutions to the paper, pulp and mining industries, was named as one of the 50 fastest growing companies by the Jacksonville Business Journal, as well as one of the top 10 fastest growing companies in total revenues in the region.  Bastech was ranked 6^th in total revenue growth and 24^th in percentage revenue growth, averaging over 54% annually over the last three years.

Read full story at the Jacksonville Business Journal 

Cave Creek Capital Contact:
Jourdin Lambright, Marketing Associate
Phone: (480) 478-6960
jlambright@cavecreekcapital.com

Bastech LLC (Jacksonville, FL), a leading provider of performance chemical solutions to the paper/pulp and mining industries, completed a $14 million refinancing with SunTrust Bank.  The proceeds were used to repay its remaining senior and subordinated debt and to expand its credit facilities.  The senior term and revolver financing allowed Bastech to substantially lower its interest costs and provides ample funding for future working capital needs.

Bastech sales have grown more than 350% since the 2007 acquisition by Cave Creek Capital and Courtney Group and its financing needs have grown larger and more complex.  President, Bob Closs, noted, “SunTrust will be an excellent partner going forward as we continue to expand and service our client’s growing needs, particularly as our sourcing and sales grow outside of the United States”.

Cave Creek Capital Contact:
Jourdin Lambright, Marketing Associate
Phone: (480) 478-6960
jlambright@cavecreekcapital.com

New York (January 25, 2012) – Insurance brokerage and risk management firm Integro, established in 2005 as an alternative to legacy brokers, has overtaken them in ‘lead broker’ client loyalty, according to results of Greenwich Associates’ annual industry survey.

Integro earns a perfect 100 score when clients are asked if they’d recommend the firm to peers – eleven points higher than the 89 average for the ‘Big-Three’ (Marsh, Aon and Willis Group).

“Integro wins strong loyalty recognition from clients, especially lead clients, all of whom would recommend Integro to a peer in the industry,” said David Fox, Greenwich Associates managing director. “Integro is more than up to the challenge of the tough market. The firm is demonstrating strong results as it builds its presence as measured by total clients and clients citing Integro as their lead or most important broker.”

Peter Garvey, Integro President and CEO, said, “We created Integro to fill a gap in the broker marketplace – a firm capable of competing with the very biggest companies on offerings designed to deliver our services in a personalized, customized manner. It is gratifying to be recognized by clients and to know that my colleagues are providing results worthy of such recognition.”

According to Greenwich Associates’ research, pace-setting performance in several categories boosted Integro’s standing, including:

• Customer Satisfaction: Integro’s 100 score bests the ‘big-three’ average of 91 as lead broker;
• Broker’s Ability to Understand Client’s Business Needs: At 95, a stellar showing for Integro and well above the ‘big-three’ average 81;
• Broker’s Global Coordination and Management: Integro’s 100 dramatically outpaces the ‘big-three’ average client 70 rating;
• Ease of Working with Brokerage: Integro’s 95 soared above the ‘big-three’ average 82;
• Broker’s Ethical Standards: Integro’s 100 contrasts with the average ‘big-three’ 93 rating.

Integro also earns exceptionally high marks for Firm Transparency, Broker Innovation, Coordinating Claims Processing with Carriers, and Client Satisfaction with Visit Frequency, among others.

The Greenwich Associates survey, conducted in late 2011, covers insurance brokerage and carrier needs of U.S.-based companies with annual sales over $500 million. In-depth telephone interviews are conducted with senior professionals responsible for insurance and risk management. These professionals are asked to comment on the most important client service elements for each broker and carrier such as professional knowledge, execution, service, and underwriting. This analysis identifies the best corporate insurance carriers and brokers and highlights valuable information on the needs of risk management professionals.

Greenwich Associates is the premier strategic consulting and research source for providers and users of financial services worldwide.

About Integro
Integro is an insurance brokerage and risk management firm designed to serve organizations with complex risks. Repeatedly praised and awarded for dedicated client service, Integro’s industry-leading brokers operate from offices worldwide. Its headquarter office is located at 1 State Street Plaza, 9th Floor, New York, NY 10004. 1-877-688-8701. www.integrogroup.com

Editorial Contact:
Betsy Van Alstyne
Integro
Tel: 212-295-5445
betsy.vanalstyne@integrogroup.com

San Francisco Business Times by Chris Rauber

Date: Wednesday, May 18, 2011, 11:06am PDT – Last Modified: Wednesday, May 18, 2011, 1:12pm PDT

Integro, a New York-based insurance brokerage and risk management firm with an outpost in San Francisco, said Wednesday it has acquired San Francisco’s Argo Insurance Brokers.

To read full article, click here.

Last Wednesday over 200 executives from around the state gathered at the Ritz Carlton in Phoenix for the state’s annual Vistage All-City Event.  Cave Creek Capital Management served as the Platinum Sponsor, giving all in attendance the opportunity to learn about the firm and how private equity can help them grow their businesses.  Throughout the day, executives had the opportunity to network with one other and gain insight from expert speakers.  Highlights included a session on “small talk” with Debra Fine and later a discourse by Keith McFarland on developing effective strategy.

Vistage International was founded in 1957 and has always had the same objective: to help executives make better decisions, achieve better results, and enhance their lives.  Still operating under those same principals, Vistage has grown to over 14,000 members in 16 countries, becoming one of the world’s leading chief executive organizations.  For more information on Vistage, please visit www.vistage.com

Cave Creek Capital Management is a private equity firm headquartered in Scottsdale, AZ.  Cave Creek Capital partners with management teams through leveraged buyouts, growth capital and/or mezzanine investment structures.  They use their capital, experience and relationships to enhance a company’s growth and competitive position.  They seek market leaders in targeted sectors such as business services, specialty manufacturing, financial services, consumer, media, and energy.  They focus on businesses that are cash flow positive, preferably $2.0 million in EBITDA and above, and their average investment hold period is approximately five years.

Cave Creek Capital Contact:
Jourdin Lambright, Marketing Associate
Phone: (480) 478-6960
jlambright@cavecreekcapital.com