Recent Transactions

Consumer Products

Pandigital - read the news article.

Badanco - Badanco Enterprises, Inc. designs, manufactures and distributes a full line of branded and private label luggage through national department stores and mass merchandisers. Badanco employs llicensing agreements with designer lines like Polo Sport, Ralph Lauren, Chaps, and Liz Claiborne. The principals of Infinity Financial Group sold Badanco Enterprises, Inc. to Champlain Capital Partners, a private equity group, which grew the company substantially and resold the business for $69 million.

Sourcing Network Sales - Structured, negotiated and placed a $20.0 million receivable and inventory credit facility with LaSalle Business Credit for the Company’s international distribution business of consumer electronic products manufactured in China. 

Manufacturing

Lifeport - the W.P. Carey & Co. Story

Sale of closely held company to private equity group. Company converts fixed wing and rotary aircraft to air ambulances and manufactures OEM material for private airframe manufacturers. The company sold for $52 million, a seven time multiple.

An important part of this transaction included engineering the sale of LifePort’s real estate to a third party, W. P. Carey.  See attached press release from W. P. Carey.

Founded in 1973, W. P. Carey & Co. LLC is a leading global real estate investment firm. The Company provides asset management services to its CPA® series of income generating real estate funds. With over $4 billion in equity capital, the W. P. Carey Group is one of the largest providers of net lease financing for corporations worldwide. The Group owns more than 700 commercial and industrial properties in 13 countries, representing approximately 94 million square feet, valued at approximately $8 billion. www.wpcarey.com

Metals

Niles Iron and Metal Company - Represented 90 year old family owned business in sale of 100% of Company.  Highly profitable, $80 million revenue company in the scrap metal and paper recycling sector. 

Healthcare

Stayhealthy, Inc. - An early stage company needed capital to support its orders. $3 million was raised on receivables.