Deal Diary

Welcome to Acquisition International’s Deal Diary, the place where we showcase exciting deals from across the globe. With each diary entry, we’ll be taking a comprehensive look at the inner workings of the deal in question and will be venturing behind the scenes to take a look at the dedicated professionals involved in ensuring its success.

Here you will discover the most active deal makers and a comprehensive catalogue of the transactions they have been involved with.

Tier 1: The Website - Go live worldwide within 24 hours!

Within 24 hours of booking, we'll upload your deal and company profile - including contact details and links to your homepage - right here on our site, putting you and your firm in front of
40,000 visitors every month!

You will, of course, get a full company bio, including your contact details and fully clickable links direct to your website, and to make sure the people who matter will be able to find every deal you and your firm have been involved in at the click of a button, all of the deals posted on the Deal Diary site are incredibly easy to search by firm name, individual name, sector or region. We even have an automatically updated deal leaderboard (right). 

Tier 2: The Newsletter - Direct to 108,000 subscribers!

Your involvement in the deal will be featured on our weekly Deal Round-Up newsletter,  published via email every Thursday to a global audience of  108,000. Your deal write-up will also include hyperlinked images and logos, taking readers straight to your homepage. That’s a potential 108,000 clicks every month!

Tier 3: The Publication - Sent to 108,000 people in 170 countries!

The deal and your involvement will appear in the Deal Diary section of our monthly magazine, distributed to 108,000 people in 170 countries around the world. This is where you can tell us all about the deal and how you made it happen, providing the perfect opportunity to shout about your firm’s experience, expertise and the great work you’ve been doing.

GO

King & Wood Mallesons Advise Parquest's Acquisition of Clinique du Souffle
July 30, 2015
Insight acquisition of a stake in Fenergo
July 23, 2015
Emisys acquisition of minoriry stake in Club Del Sole
July 23, 2015
Initiative & Finance Acquisition of Minority Stake in FAK
July 23, 2015
Siemens Acquisition of Magazino from HTGF
July 23, 2015
Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.
July 23, 2015
Altor & Goldman Sachs Merchant Banking Division Acquires Majority stake in Hamlet Protein.
July 22, 2015
Alternative Assets No Longer Considered Alternative
July 22, 2015
Finansinvest Enhances operations with SunGard’s Front Arena for Trading and Risk Management
July 22, 2015
DLA Piper Advise Olayan's and Mandarin Oriental's Acquirers of Ritz Hotel (€130 million)
July 16, 2015
Sorainen Advises Graanul Invest's acquisition of SIA Latgran
July 16, 2015
Fried Frank Harris Shriver & Jacobson LLP Advise Hormel Foods's acquisition of Applegate (Hormel’s l
July 15, 2015
Landis Rath & Cobb LLP Advise Centre Lane's acquisition of Saladworks ($16.9 million)
July 15, 2015
DZP Advise Wielton's Acquisition of shares in Fruehauf Expansion ($10.6 million)
July 15, 2015
WKB Advise Aviva During Acquisition of Expander Advisors
July 15, 2015
Schulte Roth & Zabel LLP Advise Orchard Brands During Capmark's Acquisition ($410 million)
July 15, 2015

Schulte Roth & Zabel LLP Advise Orchard Brands During Capmark's Acquisition ($410 million)

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Capmark Financial Group Inc. (OTCMKTS: CPMK) today announced it has entered into a definitive agreement to acquire Orchard Brands Corporation, a leading national, multi-brand family of 13 catalog and eCommerce brands serving the boomer and senior demographics, for $410 million in cash, subject to various pre- and post-closing adjustments.

The transaction will broaden and diversify the customer base and retail capabilities of Capmark’s wholly-owned subsidiary, Bluestem Brands, Inc.

Orchard Brands reported $1.02 billion in net sales for the period ended December 27, 2014 and adjusted EBITDA and Free Cash Flow (EBITDA less Capital Expenditures) of $70.7 million and $61.9 million, respectively. The acquisition will be funded with a combination of cash on-hand, a new term debt syndication, and a new asset-based lending facility. The term debt will be underwritten by Credit Suisse Securities (USA) LLC and Morgan Stanley Senior Funding Inc., while Credit Suisse and U.S. Bank National Association are leading the asset based lending facility.

"Orchard Brands is a great addition to our portfolio of retail brands and this transaction fits nicely into the theme of our long-term strategic plan. The Orchard family of brands provides us with the opportunity to serve a new customer base and deepen our private-label merchandise design and sourcing expertise," said Steve Nave, Capmark’s President and Chief Executive Officer. "We’re also excited to welcome Orchard Brands’ talented group of employees, who have done a remarkable job rebuilding their company, to the Capmark family."

“We’re excited to combine the Orchard family of brands with Bluestem," said Jim Fogarty, Chief Executive Officer of Orchard Brands. “Our team is looking forward to integrating our two firms’ unique capabilities to better serve our respective customers."

The Boards of Directors of both companies have approved the transaction, which is expected to close in the third quarter of 2015, subject to the satisfaction of customary closing conditions, including the compliance with the filing and waiting periods under the Hart-Scott-Rodino Act.

Capmark is being advised by its financial adviser Morgan Stanley & Co. LLC and by its counsels Akin Gump Strauss Hauer & Feld LLP and Faegre Baker Daniels LLP. Orchard Brands is being advised by its financial advisor Goldman Sachs and by its counsel Schulte Roth & Zabel.

Sullivan & Cromwell Advise CVS Health's Purchase of Omnicare
July 8, 2015
SGP Rechtsanwälte Advise Pyrolyx's Purchase of Carbon Clean Tech Stegelitz
July 8, 2015
JLL Advise Ankkurikadun Kiinteistöt's Purchase of Properties in Finland and Sweden
July 8, 2015
Sawicki Advises Hartenberg's Purchase of Shares in Good Food
July 8, 2015
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