Accelerates Social Business for Workforce Transformation ARMONK, N.Y. – 4 December 2012 . . . IBM (NYSE: IBM) today announced the closing of its acquisition of Kenexa. Kenexa bolsters IBM’s leadership in helping clients embrace social business capabilities while gaining actionable insights from the enormous streams of information generated from social networks every day. The net…
(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…
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 6th in total revenue…
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…
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…
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…
Liberty Distribution Company (Chandler, AZ), the leading distributor of confections and snacks to non-food retailers, completed its recapitalization in August, refinancing its senior and mezzanine debt while repurchasing shares from Cave Creek Capital. During the last two years, Liberty’s sales have more than doubled, cementing its leadership in its segment. Wells Fargo, in conjunction with…
The VMC Group, Inc. (Bloomingdale, NJ) a leading manufacturer of vibration isolation and seismic design and shock control systems, refinanced its senior and subordinated debt in conjunction with repurchasing shares from its previous mezzanine investor. Fifth Third Bancorp led the $20.4 million refinancing with a combined senior and mezzanine financing package. “We are very pleased…
Liberty Distribution Company, LLC is pleased to announce the acquisition of select assets of Coast to Coast Candy Co. of Garden City, NY. Liberty and Coast to Coast are leading providers of confections and snacks to non-food retailers throughout the U.S. Jim Schweikert, CEO of Liberty, says “Coast to Coast’s customers are a perfect complement…