New York, December 30, 2011: Chestnut Hill Partners, LLC (“CHP”), a boutique investment bank specializing in middle market M&A originations and co-investing with our private equity clients, is pleased to announce the successful origination and closing of a middle market M&A transaction.
Chestnut Hill Partners originated the acquisition of Greg C. Rigamer & Associates (“GCR”), a provider of cutting edge data management and analysis sof tware and technology consulting services to leading aerospace, corporate and governmental clients, by Clearview Capital, LLC. (“Clearview Capital”), a private investment firm based in Old Greenwich, Connecticut with over $250 million in capital under management. CHP worked closely with Clearview and GCR to facilitate this successfully closed transaction.
Paul L. Schaye, Managing Director of Chestnut Hill Partners, commenting on the closing, said “This is yet another successful closing for CHP and our private equity partners, capping of f a solid 2011. This closing is also another sign of the momentum across the middle market M&A landscape this year. We have seen improving deal-flow and our pipeline is expanding – which suggests 2012 will be a strong year for the middle market.”
James Andersen, Managing Partner at Clearview Capital, who led the transaction for his firm, commented “We’re very pleased once again to work with Chestnut Hill Partners to close yet another transaction. GCR is an excellent investment opportunity for us and we look forward to growing the business with our new partners in management and CHP as co-investors in the deal. Thanks again to Chestnut Hill Partners who were able to originate and develop this opportunity into a successful transaction for all parties.”
David Rowley, Managing Director of Chestnut Hill Partners who led this transaction for the firm, added “The GCR transaction was a collaborative effort across all parties, leading to a successful outcome. CHP is pleased to have been able to originate, lead and co-invest in this transaction.”
About Chestnut Hill Partners Chestnut Hill Partners is an investment banking boutique specializing in merger and acquisition originations and co-investing with private equity investors. CHP is recognized as a leader in providing introductory and advisory services to small and medium size firms and in bringing together buyers and sellers in successful transactions that are mutually beneficial.
Further information is available at www.chestnuthillpartners.com.
Paul L. Schaye
Founding Partner & Managing Director
Chestnut Hill Partners, LLC
245 Park Avenue, 41st Floor
New York, New York 10167