Aleutian Capital Group Closes Three M&A Advisory Transactions in Q1 2015

NEW YORK, April 20, 2015 /PRNewswire/ -- Aleutian Capital Group is pleased to announce the successful acquisitions of Florida Marine Tanks, Inc. by P & L Enterprises, LLC, Nearfield Systems, Inc. by an undisclosed investment firm, and Allen Screen Printing, Inc. by Ancor Capital Partners.

Florida Marine Tanks, Inc. acquired by P&L Industries

Founded in 1974, Florida Marine Tanks manufactures and distributes marine fuel, water, and holding tanks. The tanks are EPA and ABYC compliant and are made to customers' specifications. Approximately 98% of the manufactured products are sold to OEMs, with recreational and commercial boat builders accounting for the remaining 2%. Florida Marine Tanks has been a leader in providing marine fuel systems and has experienced continuous rapid growth the last several years. The company is headquartered in Hollywood, Florida. Aleutian originated the opportunity and provided acquisition advisory services to P & L. Terms of the transaction were not disclosed.

P & L Enterprises, a Georgia-based investment group led by J. Pearson, mainly focuses on manufacturers in the lower middle market. J. Pearson was previously the founder and president of Carry-On Trailer Corporation, the largest manufacturer of light duty trailers in the U.S. with over 1,100 employees.

Nearfield Systems, Inc. acquired by an Undisclosed Investment Firm

Nearfield Systems, Inc. is the industry's technical leader in providing high precision antenna measurement solutions and products. To date, NSI has delivered 450+ antenna measurement systems globally. The company's products include planar, cylindrical, and spherical near-field systems, far-field systems, RF products and systems, software solutions, turnkey chamber solutions, positioners, and various accessories. NSI also provides custom scripting, range refurbishment, range assessment, antenna testing, and other technical services. NSI also holds seven patents with several patents pending.

Aleutian acted as the exclusive sell-side advisor to NSI, working closely with the shareholders and the management team during the sale process. The process included providing M&A advisory expertise, preparing marketing materials, contacting and coordinating with buyers, managing due diligence, and assisting in the final negotiation phases of the transaction.

The purchaser is a New York-based investment firm with assets in excess of $3 billion.

Allen Screen Printing, Inc. acquired by Ancor Capital Partners

Founded in 1965, Allen Screen Printing provides screen-printing, digital imaging (flat-bed printing, substrate configurations, etc.), dimensional signage fabrication & prototyping, finishing (precision die-cutting, banner finishing, CNC routing, etc.), and fulfillment/inventory management and shipping services. Customer base includes companies that are in the retail, grocery, and financial services industries. Allen Screen Printing has been a leader in providing sign fabrication and digital printing services and has experienced continuous growth the last several years. ASP is headquartered in Scarborough, Maine. Aleutian originated the opportunity and provided advisory services on the transaction. Terms of the transaction were not publically disclosed.

Ancor Capital Partners, a Texas-based investment group, mainly focuses on profitable middle market companies across most industries. Ancor has extensive experience in the healthcare, consumer staples, manufacturing, and distribution industries, and has completed 17 transactions in the healthcare industry, 8 transactions in the consumer staples industry, and 10 in the manufacturing and distribution industry.

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About Aleutian Capital Group

Aleutian Capital Group is a New York-based investment bank serving sellers and buyers of companies throughout North and South America, Asia and Europe. Aleutian provides particular expertise in the technology, e-commerce, aviation, aerospace, healthcare, telecom, energy and industrial manufacturing industries. Services include merger and acquisition advisory, raising growth capital, valuations and recapitalizations. The firm also engages in direct principal investing. Please visit our website www.aleutiancapital.com for more information.

Contact:

Louis E. Black (Lee)
Managing Director
[email protected]

Jorge Carrion
Managing Director
[email protected]

Ji Sang Lee
Vice President
[email protected]

Aleutian Capital Group
100 Wall Street, Suite 900
New York, NY 10005
+1 (212) 652-4000

SOURCE Aleutian Capital Group

Related Links

http://www.aleutiancapital.com