Transactions

OneroRX Completes Recapitalization to Drive Growth

Recapitalization by

December 2023 – England & Company is pleased to announce that it served as the exclusive financial advisor and placement agent in the debt and equity recapitalization of OneroRx, Inc. (“OneroRx”). The financing, provided by Cyprium Investment Partners LLC (“Cyprium”) and Wells Fargo Bank, allowed OneroRx to realign its shareholder base and strengthen its balance sheet, and will enable it to continue to grow through acquisitions.

OneroRx, based in West Des Moines, IA, is a leading technology-enabled, integrated pharmacy services company operating community pharmacies and telepharmacies in underserved rural and urban areas in six states in the Midwest. In its locations, OneroRx maintains a smaller physical footprint than the national pharmacy chains and more efficient operations that enable the Company to better meet the needs of underserved communities and focus on clinical services rather than retail. The Company’s growth strategy incorporates acquisitions, building de novo sites, growing its patient base, and leveraging additional specialty services across its network.

“We have a robust M&A pipeline, and this transaction gives us the flexibility we need to position ourselves better to invest in growing the business,” said Joseph Dunham, OneroRx’s Chief Executive Officer. Dunham added, “The England team was critical in evaluating our alternatives, finding the right partners, and bringing this transaction together.”

iSun, Inc. Secures Term Loan

Term Loan $8,000,000

December 2023– England & Company is pleased to announce it served as the exclusive advisor and placement agent to iSun, Inc. (“iSun”) (NASDAQ: ISUN) in securing an $8,000,000 senior secured loan with Decathlon Capital Partners to refinance in full the prior senior secured convertible facility which had become overly dilutive.

The transaction, which carries a 48-month term, is a straight debt instrument, thus avoiding any equity dilution. Debt service payments begin at a smaller initial level and increase over the course of the loan in several step-ups, tracking the Company’s revenue growth. Along with Decathlon’s collaborative approach and covenant-light terms, these features make this an ideal funding instrument for iSun at this stage of the company’s life.

About iSun Inc.

Since 1972, iSun has accelerated the adoption of innovations in energy transition and electrification technology. iSun has been the trusted service provider to Fortune 500 companies for decades and has installed clean rooms, fiber optic cables, flight simulators, and over 600 megawatts of solar systems. The Company currently provides a comprehensive suite of solar services across residential, commercial, industrial & municipal, and utility scale projects and provides solar electric vehicle charging solutions for both grid-tied and battery backed solar EV charging systems. iSun believes that the transition to clean, renewable solar energy is the most important investment to make today and is focused on profitable growth opportunities. Please visit www.isunenergy.com for additional information.

Encycle Corporation Acquired By Instone Capital Partners

has been acquired by

October 2023 – England & Company is pleased to announce that it recently served as exclusive financial advisor to Encycle Corporation (“Encycle”) in its sale to Instone Capital Partners. Encycle, based in San Marcos, California, is a data-driven technology company focused on helping commercial businesses dramatically improve the efficiency of their HVAC systems using IoT-enabled services. The acquisition will ensure that Encycle has the resources to accelerate the growth and expansion of the company and its multi-patented, AI-enhanced Swarm Logic® energy management solutions.

“I look forward to helping the Encycle team continue to build an organization as an industry leader that creates technologies to solve sustainability, decarbonization, and building management goals,” Lisa Varga, Encycle Executive Advisor explained and added, “I also look forward to engaging the industry once again to help make an impact on many levels.”

Encycle’s Swarm Logic solutions provide enterprise-wide portfolios of buildings with automated HVAC energy efficiency and fault detection for predictive asset maintenance, significant energy cost savings, and decarbonization.

About Encycle
Encycle is a data-driven technology company that is transforming energy management for multi-site commercial and industrial companies. The company leverages the power of artificial intelligence in its patented cloud-based technology to lower its clients’ electric costs, maximize energy efficiency, and reduce environmental impact. Companies using Swarm Logic^® routinely reduce HVAC electric costs and consumption by 10%-30% with little or no capital investment. For more information about Encycle, visit www.encycle.com.

About Instone Capital Partners:
Instone Capital Partners is a family-owned and operated investment company focused on working with cutting-edge solutions providers and industry-leading businesses committed to sustainability and decarbonization through innovation and energy efficiency.

DNE SEAL ACQUIRED BY ENOVIS

has been acquired by

August 2023 – England & Company is pleased to announce that it recently served as exclusive financial advisor to D.N.E., LLC (“DNE”) in the sale of its SEAL External Fixation (“SEAL”) business to Enovis Corporation (NYSE: ENOV), a large and rapidly growing challenger in orthopedics and a leader in the foot & ankle market. This represents England’s 7th transaction in foot & ankle orthopedics and 11th transaction in orthopedics generally.

Based in Boca Raton, FL, SEAL produces industry-leading external fixation devices for foot & ankle orthopedics. SEAL’s innovative proprietary devices have proven highly effective in treating a range of lower limb conditions. SEAL is the largest privately-held business in the U.S. focused on external fixation for this market, and many physicians and distributors regard SEAL’s products as the best.

SEAL’s leadership position has been driven by its design of features that afford physicians much greater speed, ease of use, and flexibility in assembling frames onto patients. Enovis’ acquisition of the product portfolio demonstrates their continued dedication to the foot & ankle space, as they aim to become a leader in the market by offering innovative and comprehensive solutions for surgeons and their patients.

“It was crucial to find a buyer committed to excellence and innovation for this product line, and we believe that Enovis will be able to grow the business significantly,” said Nick Riccione, President and CEO of DNE. Riccione added, “England’s expertise and relationships in the orthopedic extremity sector helped us prepare for due diligence and navigate the process of securing an ideal buyer in Enovis. This transaction lays the foundation for this business to gain global reach.”

Flume, Inc. Secures Growth Financing

Growth Financing

August 2023 – England & Company is pleased to announce that it recently served as exclusive placement agent in Flume, Inc.’s (“Flume”) recent growth financing provided by HCAP Partners, a California-based private equity firm and nationally recognized impact investor.

Flume, based in San Luis Obispo, CA, is making significant contributions toward conservation and sustainability as the best-in-class provider of high-definition water data and analytics to consumers, the water technology industry, and the water resource management ecosystem. This funding will enable Flume to expand its operations, customer base, and corresponding market share through working capital and geographical expansion.

“We were fortunate to have the guidance and support of England & in securing essential funding to achieve our mission. We had the England team’s full support throughout the process, top to bottom. This funding will enable us to expand our business and reach new heights. As CEO, I am delighted to continue pushing the boundaries of innovation and introducing new solutions for our customers, as well as utilities and government stakeholders,” expressed Ric Miles, CEO of Flume.

Flume brings unprecedented insights into residential water use to both homeowners and water utilities. Using Flume, homeowners can save water through 24/7 water monitoring for indoor and outdoor water consumption, customizable leak detection, detailed breakdowns and insights into individual water appliances, and suggested water budgets. With a simple installation process requiring no plumbers or pipe cutting, Flume provides the in-depth water use details and control functionality necessary to mitigate issues before they result in high water bills or costly damages.

Hayward Gordon Acquired By Ebara

has been acquired by

October 2022 – England Securities is pleased to announce that it recently served as the exclusive financial advisor to Hayward Gordon L.P. (“Hayward Gordon”) in its sale to EBARA Corporation Japan (“Ebara”).

Based in Halton Hills, ON, Canada, Hayward Gordon supplies a comprehensive line of pumps and mixers to a variety of end markets, including water and wastewater, mining, general industrial, and industrial sanitary. The acquisition is expected to expand Hayward Gordon’s reach and leverage EBARA’s product portfolio and manufacturing expertise.

“We are delighted to join EBARA, whose values closely align with Hayward Gordon in how we serve our customers, provide opportunities for our people, and our commitment to innovation,” said John Hayward of Hayward Gordon.

Prior to the sale, Hayward Gordon was a portfolio company of Element Partners, a private equity firm dedicated to investments in sustainability technology and innovation in large industrial markets.

“We are very pleased to have partnered with England & Company for this transaction,” said Michael Bevan, General Partner of Element Partners. “England’s team was key in helping Hayward Gordon find the right partner, negotiating the terms of deal, and closing the transaction.”

OSSIO, LTD. COMPLETES $38.5 MILLION SERIES C FINANCING

Series C Preferred Stock $38,500,000

October 2022 – England Securities served as the exclusive placement agent to Ossio Ltd. (“Ossio”), a rapidly growing orthopedic fixation technology company, in its $38.5 million Series C financing. This financing, which was led by MVM Partners (“MVM”), a Boston- and London-based growth equity firm, represents England’s 9th transaction in orthopedics, and 5th transaction specifically in foot & ankle orthopedics.

Ossio, based in Woburn, MA and Caesarea, Israel, produces orthopedic implants made with OSSIOfiber® Intelligent Bone Regeneration Technology, a breakthrough in fixation material that provides the first credible solution to the shortcomings of permanent metal hardware, conventional resorbable, and allograft implants. The technology provides for unparalleled mechanical strength and natural bone healing in a non-permanent implant.

“We are delighted to have secured this level of interest and commitment from such an experienced and distinguished medical technology investment firm,” said OSSIO’s Chief Executive Officer, Brian Verrier. “England’s Healthcare Investment Banking team was instrumental in helping us secure an ideal lead investor with relevant orthopedic experience and a focus on companies of our stage.”

“We believe that OSSIO’s novel bio-integrative technology has the potential to transform the orthopedic fixation market,” said MVM’s founding Partner, Dr. Stephen Reeders. “We are excited to support the company’s mission to improve patient outcomes across a broad range of procedures.” Dr. Reeders and his MVM colleague, Dr. Kevin Cheng, join OSSIO’s board of directors as part of this financing.

Verrier continued, “The additional funding will enable us to accelerate further adoption of OSSIOfiber Intelligent Bone Regeneration Technology by orthopedic and podiatric surgeons in the United States. Specifically, we intend to use these funds to fortify new product development, sales force expansion, patient outreach and medical education.”

Made from a proprietary mineral fiber matrix held together by a naturally degradable polymer, the material is biointegrative (replaced by natural bone over time) and provides surgeons with a more biologically friendly way to restore patient stability and mobility while leaving nothing permanent behind. More than 10,000 OSSIOfiber implants have already been used in orthopedic surgeries since their commercial introduction in 2019.

Acacium Group Acquires Favorite Healthcare Staffing

has acquired

January 2022- England Securities served as the exclusive financial advisor to Acacium Group in its acquisition of Favorite Healthcare Staffing, LLC.

Headquartered in London, Acacium Group is Europe’s largest healthcare solutions partner offering staffing, managed services, and innovative delivery models to health and social care systems and the global life science industry. The acquisition accelerates Acacium’s goal to offer expert solutions, and support clients in dealing with the challenges of rising demand and constrained workforce supply in the healthcare and life sciences sectors on a global basis. Acacium is a portfolio company of Onex Partners and TowerBrook Capital Partners.

Favorite Healthcare Staffing, based in Overland Park, Kansas, is one of the nation’s largest providers of healthcare professionals, offering a full range of per diem, allied health, contract, and travel assignments, as well as permanent placement opportunities.

“This is an important transaction for us,” said Mike Barnard, Chief Executive Officer of Acacium Group. “The England team’s knowledge of the U.S. healthcare staffing sector and industry contacts, along with the advice they provided were instrumental in helping us identify this opportunity and creating a successful outcome. We see this as a first step in a substantial expansion of our businesses in the North American markets.”

Through this acquisition Acacium Group becomes the first global healthcare staffing and workforce solutions specialist with operations in the U.S., Europe, and Australia.

Electro-Mechanical Corporation Acquired by Graycliff Partners

has been acquired by

September 2021 – England Securities is pleased to announce that it recently served as the exclusive financial advisor to Electro-Mechanical Corporation (“EMC”) in its sale to Graycliff Partners. This transaction represents the eighth transaction in the power generation and transmission and distribution market for England Securities since September 2019.

Based in Bristol, VA and founded in 1958 by Frank Leonard, EMC manufactures medium voltage electric equipment, primarily switchgears, transformers and custom systems that serve as critical components for utility and industrial power infrastructure. The company’s products are sold to electrical utilities, renewable energy generators, mining operators, and general industrial users of power. The company has been family owned for over 60 years, and goes to market under two leading brands, Federal Pacific and Line Power.

“The EMC team is very excited to partner with Graycliff for this next chapter in the company’s history,” said Howard Broadfoot, EMC’s CEO. “EMC has established itself as a trusted partner in the electrical distribution business, and we are excited to leverage Graycliff’s guidance and resources to further grow the company in the years to come.”

Graycliff Partners is an investment firm focused on making lower middle market investments, typically in manufacturing, business services and value-added distribution businesses. EMC is the fourth investment in Graycliff’s fourth private equity fund, Graycliff Private Equity Partners IV LP.

“EMC has an impressive history and strong reputation as a key player in electrical power distribution infrastructure. We are excited to honor the legacy of Frank Leonard and continue to drive growth at EMC alongside Howard and his team,” said Andrew Trigg, Managing Partner at Graycliff.

Micatu $5,000,000 Credit Facility

Credit Facility

March 2021 – England Securities is pleased to announce that it served as the exclusive placement agent for Micatu, Incorporated (“Micatu”) in its $5 million in debt financing from Silicon Valley Bank (“SVB”).

The financing builds on the company’s growing momentum to change the way the world senses light. Their next-generation solution for measuring voltage, current, vibration, and temperature is making waves in the industry. Micatu’s GridView utility platform solution enables lower-cost and safer deployments, maximizes integration of renewable energy, and increases data awareness for grid resilience.

“England & Company understands what we’re trying to accomplish and communicates with the investment community and strategic partners very effectively,” Michael Sexton, COO and Executive Vice President of Micatu, said. “Their team matches industry expertise with deep transaction experience in raising and structuring equity and all varieties of credit, which led us to long-term partnerships with Wave Equity and SVB. They did an exceptional job and played an instrumental role in optimizing the terms of the transactions and the outcomes for us. We received partner-level attention throughout and great support from their entire team.”

Micatu’s GridView product line provides a measurement platform that enables utilities to collect more accurate data and provide actionable insights to improve power quality and grid reliability. The optical sensors are capable of monitoring multiple voltage classes, which reduces cost and installation complexity.

Active deployments of smart grid technology are enhancing the way utilities measure complex systems such as underground networks and substations. The sensors are non-conductive, taking measurements using light passed through an optical crystal rather than passing electrons. This enables the measurement platform to replace traditional current and potential transformers while increasing crew safety, averting potential fire risk, providing more accurate and smarter management controls, and lowering capital and operational costs. With overhead, underground, and groundless options available, the sensors can be easily deployed where they are most needed to collect data and enable seamless distribution automation applications for the next generation of the grid.

Trilliant Surgical Acquired by DJO

has been acquired by

January 2021 – England Securities served as the exclusive financial advisor to Trilliant Surgical LLC in its sale to DJO, LLC, a subsidiary of Colfax Corporation (NYSE: CFX). This represents England’s third M&A transaction in foot and ankle orthopedics, and England’s fourth in orthopedics more broadly in the last 18 months.

Trilliant Surgical, based in Houston, Texas, is a growing manufacturer and marketer of a full line of foot and ankle orthopedic implants, covering forefoot, midfoot, and hindfoot procedures. Trilliant’s novel Arsenal Foot Plating System allows physicians far greater flexibility and speed in implant placement for greater ease of use, reduction of waste, and potentially reduced O.R. time. Trilliant is a portfolio company of The Catalyst Group, a private investment firm located in Houston and Austin, Texas.

Commenting on the transaction, Jon Olson, Chief Executive Officer of Trilliant Surgical, said: “As a foot and ankle champion since 2007, we are excited to join the DJO family and expand Trilliant Surgical’s positive patient impact globally. DJO’s unparalleled commitment to new product development, their iconic brands and strong growth trajectory will accelerate Trilliant’s ability to grow, innovate and improve patient outcomes.”

“We are extremely pleased to have partnered with England & Company for this transaction,” Olson continued. “England’s team did an exceptional job, particularly in the face of Covid-19. Their extensive knowledge of the potential acquirers helped us find our ideal strategic partner. In addition, England played an instrumental role in optimizing the terms of the transaction and the outcome for us. We received partner-level attention throughout and great support from their entire team.”

DJO is a leading developer and distributor of high-quality medical devices that provide proven solutions for musculoskeletal health, joint reconstruction, vascular health, and pain management. DJO’s extensive range of products and integrated technologies address the orthopedic continuum of care from performance and mobility to surgical intervention and post-operative rehabilitation; enabling people around the world to regain or maintain their natural motion.

Collagen Solutions Plc Acquired by Rosen’s Diversified, Inc.

has been acquired by

October 2020 – England & Company served as joint financial advisor with Goodbody Stockbrokers UC to Collagen Solutions Plc (LON: COS) in its sale to Rosen’s Diversified, Inc (“RDI”) for 6.50 pence per share, representing an enterprise value of £31.6 million ($41 million), equating to approximately 7.8x FY2020 revenues.

Collagen Solutions, headquartered in Glasgow, Scotland, is a leading contract developer and manufacturer of regenerative medical devices using collagen and tissue-based biomaterials, as well as a supplier of these materials. These products are used in a wide variety of applications including orthopedics, cardiovascular, dental, wound healing and neurology.

Commenting on the transaction, Jamal Rushdy, Chief Executive Officer of Collagen Solutions, said: “We have made tremendous progress in our vision to Be the Industry’s First Choice for Regenerative Biomaterials. Being part of RDI will generate significant growth opportunities and create enhanced value to the benefit of all stakeholders and in particular our employees, customers and suppliers.”

“We are very pleased to have partnered with England & Company and Goodbody Stockbrokers for this transaction,” Rushdy continued. “The combined England and Goodbody team was key in advising the Company on various potential courses of action and navigating the sale process. The acquisition by RDI will help Collagen Solutions continue to grow, innovate, and expand its markets.”

RDI is a multi-billion dollar, family-owned and controlled business, headquartered in Fairmont, Minnesota. RDI sells a broad range of food, agricultural and scientific products into more than 30 countries, across five continents, and has over 4,500 employees. Collagen Solutions will become part of RDI’s life sciences division, which includes Scientific Life Solutions (“SLS”), a supplier of critical components to the bioresearch and biomedical fields.

Kortick Manufacturing Acquired by SICAME Group

has been acquired by

June 2020 – England & Company served as the exclusive financial advisor to Kortick Manufacturing in its sale to SICAME Group.

Founded in 1898 and previously owned by the Frase Family, Kortick produces and supplies electrical products and equipment for use in overhead and underground electrical networks, supplying contractors, distributors, and electric utilities on the West Coast including, Pacific Gas & Electric, Southern California Edison, and the Sacramento Utility District.

Kortick employs 75 people at its Pittsburg, California facility.

Among Kortick’s many product lines is the eco-friendly AmorGalv®, Thermal Diffusion Galvanization (TDG) process, which has helped position the company as a major supplier of hardware in support of the hardening of the electrical infrastructure in California and other states.

“We are very pleased to have partnered with England & Company for this transaction,” said Gavin Frase, President of Kortick. “England’s team was key in helping Kortick find the right partner and negotiating the terms of the transaction. The acquisition by SICAME will help Kortick continue to grow, innovate, and expand its markets.”

SICAME, based in Arnac-Pompadour, France, is a recognized world leader specialized in the production and sale of accessories & services for the transmission and distribution of electricity, as well as for electrical safety equipment, connection and associated tools. SICAME operates with 55 companies in 24 countries. Sicame is a portfolio company of Equistone Partners Europe, one of Europe’s leading mid-market private equity firms, which operates across Benelux, France, Germany, Switzerland and the UK, investing as a strategic partner alongside management teams.

Laron Incorporated Acquired by Ohio Transmission Corporation

has been acquired by

January 2020 – England & Company served as the exclusive financial advisor to Laron Incorporated (“Laron”) in its sale to Ohio Transmission Corporation (“OTC”), a portfolio company of Genstar Capital.

Laron is a leading provider of mechanical and electric motor repair and engineering services in the Southwestern United States. Laron’s headquarters in Kingman, Arizona, houses more than 140,000 square feet of shop space, with large-scale machining, fabrication and repair capabilities and a field services office. Laron also has repair and field service locations in Phoenix, Arizona, and Salt Lake City, Utah, and a sales and field service office in Tucson, Arizona.

“This acquisition is an important part of our rapidly evolving repair and engineering services capabilities,” said Matt Piatt, Chief Operating Officer of OTC. “Along with the recent acquisition of Keller Electrical, the addition of Laron further enhances our overall service offering and expands our regional footprint in the Southwest.”

Laron will continue to operate under the Laron brand and with current local management, including Glenn Thoroughman, CEO; Larry Tree, President; John Hansen, COO; Gary Maclay, CFO; and a strong team of general managers already in place. Laron will operate as a division of OTP Industrial Solutions and is expected to provide OTP with a foothold and visibility into a whole new dimension of industrial service.

“We are very pleased to have partnered with England & Company for this transaction,” said Glenn Thoroughman, CEO of Laron. “England’s team was instrumental in helping Laron find the right partner, and they were an integral part of negotiating the terms of the transaction. England provided solid advice and insight to our management team throughout the process.”

IP Keys Acquires n-dimension

has acquired

and received an equity investment from

November 2019 – England & Company served as the exclusive financial advisor to IPKeys Power Partners (“IPKeys”), a leading provider of meter data management, cyber security, and demand management, in its acquisition of N-Dimension Solutions, Inc.

N-Dimension is a public power sector leader in cyber security monitoring with 100 utilities served. Ontario-based N-Dimension will merge into the IPKeys Power Partners platform, while continuing to serve current customers. The acquisition adds a robust cyber threat detection and remediation capability to IPKeys’ existing Cyber Lab as a Service (IPKeys CLaaS) which provides a broad range of cybersecurity services and solutions to utilities and large municipal and public safety organizations throughout North America. Earlier this year, IPKeys acquired SigmaFlow to add an automated NERC-CIP compliance capability to their CLaaS offering. England & Company also served as IPKeys’ financial advisor on that transaction.

The N-Dimension transaction included an equity investment in IPKeys from Enertech Capital, a leading venture capital firm focused on investing in emerging companies essential to energy innovation. EnerTech’s investment landscape includes Digital Networks, Connected Buildings, Mobility, and Optimization.

“The integration of N-Dimension into our CLaaS platform enables IPKeys to provide customers with a more robust and comprehensive cybersecurity solution,” said Robert Nawy, CEO of IPKeys. “The investment by EnerTech is especially advantageous because of their proven ability to also provide strategic support and exposure to their influential network of strategic partners.”

Focus Pointe Global Acquired by Schlesinger Group

has been acquired by

October 2019 – England & Company served as the exclusive financial advisor to Focus Pointe Global (“Focus Pointe”), a portfolio company of MVC Private Equity, in its acquisition by Schlesinger Group, a leading qualitative and quantitative marketing services firm backed by Gauge Capital.

Focus Pointe is one of the largest and most comprehensive providers of qualitative market research services in the United States. Through its national network of 18 strategically located research facilities, the company specializes in precision qualitative data collection and has developed a proprietary panel with over 1.6 million vetted respondents for use in qualitative and quantitative studies. Focus Pointe serves a diverse base of corporate clients with over 1,400 brands, as well as market research firms, educational institutions.

About MVC Private Equity

MVC Private Equity is private capital fund managed by Michael Tokarz and The Tokarz Group Advisors, LLC, a registered investment adviser. The Tokarz Group Advisors also serves as the investment advisor to MVC Capital, Inc., a public business development company with the flexibility to invest across the entire capital structure.

About Gauge Capital

Gauge Capital is a private equity firm that partners with owners, managers and equity stakeholders of successful middle market companies to maximize their potential. Gauge Capital focuses on investing in growing services and technology-enabled companies in the business and consumer, healthcare, industrial and food sectors.

Catalyst OrthoScience $12,700,000 Series C-1 Preferred Stock

Series C-1 Preferred Stock $12,700,000

May 2019 – England Securities recently served as the exclusive placement agent to Catalyst OrthoScience Inc. (Catalyst) in its $12.7 million oversubscribed Series C-1 financing round led by River Cities Capital Funds (River Cities).

Catalyst develops and markets a disruptive technology that represents the next evolution in shoulder surgery. Its shoulder replacement system is the only one that incorporates an innovative elliptical humeral head design that matches the human anatomy. Further, its simple surgical technique minimizes bone removal to preserve the strongest bone for implant fixation and employs patented angled instruments to minimize procedure invasiveness. The precision of the system yields highly accurate and repeatable restoration of the natural anatomy.

The funding will allow Catalyst to increase its inventory, expand its distribution networks and marketing efforts, and develop new product components. The Catalyst CSR™ Total Shoulder System has been used in more than 1,000 surgeries. First patients are more than two years post surgery with excellent clinical results.

Brian K. Hutchison, Chairman and Chief Executive Officer of Catalyst, stated “England’s healthcare investment banking team was instrumental in securing an ideal lead investor with relevant orthopedic extremity experience and focus on companies of our stage. The team also helped us navigate through some unique challenges and demonstrated structural creativity to help us achieve this exceptional outcome.”

IP Keys has acquired Sigmaflow

has acquired

February 2019 – England & Company served as the exclusive financial advisor to IPKeys Power Partners, a leading provider of meter data management, cyber security, and demand management, in its acquisition of SigmaFlow LLC.

The acquisition accelerates IPKeys’ strategy of leveraging its Cyber Lab as a Service (CLaaS platform and related cyber security services that have been provided in the federal and Department of Defense sectors for delivery in the utility and public safety network communications sectors.

“We are excited about coming together with the SigmaFlow team and the value IPKeys Power Partners will be able to deliver to utilities through its cost-efficient and end-to-end cyber security solution,” said Robert Nawy, CEO, IPKeys Power Partners. “Our mission is to strengthen the cyber security defense programs of utilities and public safety organizations in a framework that essentially locks the cyber doors, continuously monitors those locks, and now, with the addition of SigmaFlow, includes NERC CIP compliance and road maps.”

“England & Company did a great job of identifying a solid strategic acquisition that expands IPKeys Power Partners’ capabilities,” said Robert Nawy. “We received partner-level attention and great support from their entire team. We are delighted with the result.”

Carefirst Made Strategic Investment in Sharecare

has made a strategic investment in

January 2018 – CareFirst BlueCross BlueShield, through an affiliate, recently made a strategic investment in Sharecare, Inc. England Securities served as financial advisor to CareFirst in connection with the structuring of this investment. CareFirst also signed a contract with Sharecare to provide CareFirst members with comprehensive wellness and disease management services, beginning in 2019.

Sharecare is the digital health company that helps people manage all their health in one place. The Sharecare platform provides each person – no matter where they are in their health journey – with a comprehensive and personalized health profile, where they can dynamically and easily connect to the information, evidence-based programs and health professionals they need to live their healthiest, happiest and most productive life. In addition to providing individual consumers with direct access to award-winning and innovative frictionless technologies, scientifically validated clinical protocols and best-in-class coaching tools, Sharecare also helps providers, employers and health plans effectively scale outcomes-based health and wellness solutions across their entire populations.

CareFirst BlueCross BlueShield, based in Baltimore, MD, is an independent licensee of the Blue Cross and Blue Shield Association. Through its affiliates and subsidiaries, CareFirst BlueCross BlueShield offers a comprehensive portfolio of health insurance products and administrative services to 3.4 million individuals and groups in Maryland, the District of Columbia and Northern Virginia.

MCW Solutions has been acquired by Diversified

has been acquired by

September 2017 – MCW Solutions LLC (“MCW”) was acquired by Diversified, a portfolio company of Tailwind Capital. England Securities acted as exclusive financial advisor to MCW in this transaction.

MCW is a global provider of cost-effective, innovative and reliable technology systems in support of managed IT, network infrastructure, audio-visual applications, unified communications and security. Founded in 2003 and headquartered in Ashburn, VA, MCW serves clients across a wide array of industries including federal & local government, commercial, non-profit, education and healthcare.

The acquisition strategically expands Diversified’s service offerings with the addition of an established electronic security business across the U.S. and Europe. MCW has a strong presence in the Mid-Atlantic region with a growing client-base in multiple markets.

“The England & Company team did a great job of identifying the right strategic partners and orchestrating our discussions with numerous interested parties,” said Ghattas Hajjo, MCW’s President and Co-founder. “Their team played an instrumental role in structuring and getting this transaction over the finish line. We received partner-level attention and great support from their entire team. We are delighted with the result.”

Diversified is an industry-leading technology solutions provider delivering innovative digital media, collaborative, broadcasting, and OTT solutions to a global clientele across a wide array of markets. Diversified has been named Commercial Integrator Magazine’s Integrator of the Year for 2016, appears on Enterprise Networking’s Top 10 UC Solutions Providers for 2017, and ranks among Inc. Magazine’s fastest-growing private companies for 2017.

CareFirst Holdings enters into a Strategic Partnership with Exosome Diagnostics

has entered into a strategic partnership with

August 2017 – CareFirst BlueCross BlueShield, through an affiliate, recently entered into a strategic partnership with Exosome Diagnostics, Inc. England Securities served as financial advisor to CareFirst BlueCross BlueShield in connection with the structuring of this partnership.

Exosome Diagnostics is a privately held company focused on developing and commercializing revolutionary biofluid-based diagnostics to deliver personalized precision healthcare that improves lives. The company’s novel exosome-based technology platform, ExoLution™, and point of care instrument for protein capture and analysis, Shahky™, can yield comprehensive and dynamic molecular insights to transform how cancer and other serious diseases are diagnosed, treated and monitored.

CareFirst BlueCross BlueShield, based in Baltimore, MD, is an independent licensee of the Blue Cross and Blue Shield Association. Through its affiliates and subsidiaries, CareFirst BlueCross BlueShield offers a comprehensive portfolio of health insurance products and administrative services to 3.4 million individuals and groups in Maryland, the District of Columbia and Northern Virginia.

Medication Management Systems has been acquired by Genoa

has been acquired by

July 2017 – Medication Management Systems, Inc. (“MMS”) was acquired by Genoa, a QoL Healthcare Company, (“Genoa”). England Securities acted as exclusive financial advisor for MMS in this transaction.

MMS provides comprehensive, patient-centered medication management services and technology to improve medication therapy by identifying and resolving patients’ medication therapy problems. The specially-trained MMS pharmacists deliver pharmaceutical care to improve the health of patients, improve efficiency and profitability of care delivery for physicians, and generate cost reduction and quality improvement for payers. MMS offers population analytics and state of the art technology in the MMS Nexus Pharmaceutical Care System™, a hosted, fully-integrated, cloud-based platform designed to support the delivery of comprehensive medication management services and the administration of medication therapy management programs.

“When we started seeking growth capital, we knew that someday we would likely end up in a strategic combination with a larger company,” noted Dave McLean, PhD, Chairman/CEO of MMS. “It happened sooner than we thought as things are moving quickly in chronic care and several strategic parties expressed interest in MMS. The England team was instrumental in our discussions with numerous corporate buyers and investors, and in getting this transaction to the finish line.”

Genoa has been serving the behavioral health community for more than 15 years. The company provides pharmacy and telepsychiatry services to more than 550,000 individuals annually in 48 states and the District of Columbia, filling more than 12 million prescriptions per year. Genoa is the sixth largest drug chain in the United States with nearly 370 pharmacies located onsite within community mental health centers.

Pyng Medical has been acquired by Teleflex Medical

has been acquired by

April 2017 – Teleflex Incorporated and Teleflex Medical Canada Inc., a wholly-owned indirect subsidiary of Teleflex (NYSE: TFX) completed the acquisition of Pyng Medical Corp. (the “Company” or “Pyng”) (TSX VENTURE: PYT) for cash consideration of US$0.30203 per share. The total value of the transaction, including expenses paid by Teleflex, was approximately US$18.5 million. England Securities served as PYNG’s exclusive financial advisor in this transaction.

The takeout price per share was approximately 5x the US$0.06 volume-weighted average trading price of the Shares on the TSX Venture Exchange for the 20 trading days ending on February 3, 2017, utilizing a CAD/USD exchange rate of approximately 1.305.

Ronald Blanck, Chairman of Pyng stated: “We are pleased to announce the completion of the acquisition of Pyng by Teleflex Medical. Pyng has a highly innovative portfolio of proprietary emergency medical products. Given the capital and marketing expertise required to fully exploit these products, we believe this is an attractive result for our shareholders and that Teleflex will be able to achieve significant market potential for Pyng’s products.” Blanck further stated “The England team was instrumental in helping us get this over the goal line and achieving an excellent outcome for the Company.”

About Pyng Medical Corp.

Based in Richmond, BC, Pyng has over 20 years of experience developing and commercializing trauma and resuscitation medical devices for emergency medicine. Pyng’s product portfolio includes a variety of innovative, lifesaving tools, including intraosseous infusion, pelvic stabilization, hemorrhage control and emergency airway management for use by emergency medical services, hospital staff and military forces worldwide. More information about Pyng is available its website: www.pyng.com.

Biomedical Enterprises has been acquired by Johnson & Johnson

has been acquired by

May 2016 – England Securities, LLC is pleased to announce that it served as the exclusive financial advisor to BioMedical Enterprises, Inc. (BME) in its sale to DePuy Synthes Companies of Johnson & Johnson (NYSE: JNJ).

BME, a portfolio company of Cross Atlantic Partners and Camden Partners, is a leading maker of orthopedic shape memory implants for bone fixation in the extremities, such as foot and ankle and hand and wrist surgeries. BME was the first U.S. manufacturer of nitinol metal implants for musculoskeletal fixation. For over a decade, BME spearheaded the innovation of nitinol technology in orthopedics in the U.S., and continues the advancement of nitinol implants and instruments.

The acquisition of BME will reinforce Johnson & Johnson Medical Devices’ position in elective extremity surgery, the fastest growing segment in orthopedics. BME will add to J&J’s set of product for the foot and ankle and hand and wrist markets. For information on Depuy Synthes and the transaction, click here.

John Cassis, Managing Partner of Cross Atlantic Partners and Chairman of BME, stated “England’s healthcare investment banking team was instrumental in securing an outstanding outcome for BME. The team helped us navigate through some unique challenges, created a competitive auction and demonstrated structural creativity to create significant additional value for the shareholders.”

Pathology Inc. has been acquired by LabCorp

has been acquired by

March 2016 – England Securities, LLC is pleased to announce that it served as the exclusive financial advisor to Pathology, Inc. in the sale of substantially all of its operating assets to Laboratory Corporation of America Holdings (LabCorp) (NYSE:LH). The acquisition includes Pathology, Inc.’s patient service centers used to conduct its medical testing and services businesses.

“Pathology, Inc. is a premier laboratory known for quality, science and innovation in women’s health testing,” said David P. King, chairman and chief executive officer of LabCorp. “It is an excellent fit with LabCorp’s existing women’s health service offerings and supports our mission to provide world class diagnostic solutions that improve health and improve lives.”

Pathology, Inc., a portfolio company of ABS Capital Partners, is the West Coast’s premier Women’s Health laboratory, with subspecialty expertise in anatomic, molecular and digital pathology. The company’s integrated diagnostic services help doctors personalize patient care to optimally treat disease and maintain health and wellness. Pathology, Inc. is a full-service laboratory offering both clinical and anatomic pathology testing, with nationally recognized pathology expertise in hematopathology, dermatopathology, cytopathology, genitourinary pathology, gynecology, and gastrointestinal pathology.

Hayward Gordon Has Acquired Scott Turbon Mixer Inc

has acquired

December 2015 – The Hayward Gordon Group has completed its acquisition of Scott Turbon Mixer, Inc. This follows Hayward Gordon’s earlier acquisition of Sharpe Mixers in December 2014 and further strengthens and expands its specialty mixer offerings and technical capabilities within food and beverage, pharmaceutical, and other sanitary markets.

Like the earlier acquisition of Sharpe Mixers in 2014, England Securities initiated and advised Hayward Gordon on the acquisition of Scott Turbon. England Securities will continue to work with Hayward Gordon to pursue complementary acquisitions in specialized mixing technology, pumps, and related fluid handling equipment for demanding applications.

Based in Adelanto, California, Scott Turbon Mixer has a 30-year track record of providing efficient and technically sophisticated high shear stainless steel mixers and systems for demanding applications in: pharmaceutical, chemical, food processing, and the cosmetic and personal care markets. Hayward Gordon intends to make significant investments in the operations of Scott Turbon’s Adelanto plant to expand its capacity and better serve customers with sanitary applications. Bill Scott, the founder of Scott Turbon, will remain active with the company after closing and join the senior management team of Hayward Gordon.

Hayward Gordon, headquartered in Toronto, Ontario, Canada, designs, manufactures, and distributes mixers, pumps, and engineered systems for challenging fluid handling applications in various industries including: industrial, chemical, mining, and mineral processing, oil and gas, and water and wastewater treatment. A controlling interest in Hayward Gordon was acquired by Element Partners in 2013, and it serves as a platform for acquisitions of pump and mixer manufacturers focused on abrasive, harsh duty, and other demanding fluid handling applications.

Forbes Consulting Acquired by Dentsu Aegis Network

has been acquired by

April 2015 – England Securities served as financial advisor to Forbes Consulting Group in its sale to Dentsu Aegis Network Ltd., a subsidiary of Dentsu Inc. (TSE: 4324), one of the world’s five largest advertising holding companies.

Forbes is a leading consumer insight agency known for its pioneering work in the field of emotional measurement. The company is best known for MindSight®, a patented, award-winning, scalable solution that provides marketers with a quantitative understanding of the motivations that drive consumer behavior. Forbes is a trusted partner to Fortune 500 companies in financial services, consumer products, retail, technology, healthcare, pharmaceuticals, and other sectors. The company’s services include ideation, concept testing, and product development to identify emerging market opportunities, as well as positioning and communications for executing on those opportunities and monitoring their success in the marketplace.

Forbes, headquartered in Lexington, Massachusetts, was founded in 1985 by David Forbes, PhD. The Company will become part of Copernicus, Dentsu Aegis Network’s data-driven marketing strategy consultancy, where Dr. Forbes will serve as Chief Innovation Officer.

Hayward Gordon Has Acquired Sharpe Mixers

has acquired

January 2015 – Hayward Gordon US, Inc. has acquired Sharpe Mixers, Inc. to better serve its customers by strengthening and expanding its mixer offerings and technical capabilities.

Hayward Gordon was represented in this transaction by England Securities, LLC.

Sharpe Mixers, based in Seattle, Washington, has served customers for the past 60 years and provides advanced mixing solutions in the chemical, industrial, and sanitary markets. Hayward Gordon intends to make significant investments in plant, equipment, and people in Sharpe’s Seattle plant to better serve customers in the global market.

Hayward Gordon, headquartered in Toronto, Ontario, Canada, designs, manufactures, and distributes mixers, pumps, and engineered systems for challenging fluid handling applications in a range of industries including: food, water, mining, chemical, oil & gas, mineral processing, and wastewater treatment. A controlling interest in Hayward Gordon was previously acquired by Element Partners and it serves as a platform for acquisitions of pump and mixer manufacturers focused on abrasive, harsh duty, or other engineered fluid handling applications.

Element Partners is a leading growth equity firm investing in high-growth companies offering innovative products and services to the global energy, industrial, and environmental markets. Element has a long history of providing companies with the financial resources, industry contacts, and strategic insights necessary to maximize growth and shareholder return. With 125 combined years of experience, the team has successfully managed over $1.25 billion in capital commitments spanning six investment partnerships.

Element Partners has acquired an interest in Hayward Gordon

has acquired

September 2013 – Element Partners, a growth equity fund focused on industrial technology companies, is pleased to announce the completion of a significant investment in Hayward Gordon (“Hayward” or the “Company”).

England & Company served as Element Partners’ exclusive financial advisor in this transaction.

Hayward Gordon, headquartered in Toronto, Ontario, designs, manufactures, and distributes mixers, pumps, and engineered systems for challenging fluid handling applications. The Company is active in a wide range of industrial markets, including: food, water, mining, chemical, oil & gas, mineral processing, and wastewater treatment.

Concurrent with the transaction, Bill Dub, formerly President of Weir Canada, an international pump manufacturer, joined Hayward Gordon as President and CEO. During his tenure at Weir, Dub oversaw a tripling of revenues to slightly over $300 million. Dub commented on the transaction, “I feel privileged to be leading Hayward Gordon at this important juncture in its evolution. We are very fortunate to have the opportunity to build upon the tremendous talent and outstanding technical know-how that has been developed at Hayward Gordon over the previous 60 years. We are looking forward to expanding our capabilities to better serve our existing and future customers.”

Element intends that Hayward Gordon will serve as a platform company for further acquisitions of pump and mixer manufacturers focused on abrasive applications. John Hayward will continue in a leadership role with the Company as the Executive Director of Business Development and will help lead the acquisition efforts. Hayward will be a member of the Company’s Board of Directors and remains a significant shareholder. Hayward commented on the transaction, “We have achieved tremendous growth, particularly over the past seven years, and are excited about strengthening our position and furthering our pursuit of building a world-class company.” Nitin Gupta, a Principal at Element Partners, also commented on the financing, “We are thrilled to be partners with Hayward. The Company has a longstanding track record of field performance and reliability, which will be an ideal footing for our growth plans.”

About Element Partners
Element Partners is a leading growth equity firm investing in high-growth companies offering innovative products and services to the global energy, industrial, and environmental markets. Element has a long history of providing companies with the financial resources, industry contacts, and strategic insights necessary to maximize growth and shareholder return. With 125 combined years of experience, the team has successfully managed over $1.25 billion in capital commitments spanning six investment partnerships.

Kestrel Financial Advisor in Chapter 11 Bankruptcy

Financial Advisor to Debtor in Chapter 11 Bankruptcy

June 2013 – England Securities acted as the exclusive investment banker to Kestrel Technologies, Inc. (“Kestrel”) in the sale of substantially all of its assets to BondHawk Systems, LLC (“BondHawk”). This sale was effectuated through a Chapter 11 Section 363 process.

Kestrel, a leading provider of software solutions for fixed income trading, portfolio management, and market connectivity, filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of New York in December 2012. England was retained as Kestrel’s investment banker and financial advisor for the purpose of arranging DIP financing and soliciting offers to acquire Kestrel’s assets. The sale was approved by the Bankruptcy Court in May 2013 and closed in June 2013.

Kestrel’s software is a comprehensive fixed income trading and risk management system that is applicable to both sell-side and buy-side institutions, providing sophisticated, real-time fixed income pricing, order management, execution management, and risk management functionality for bulge-bracket and regional dealers, hedge funds, and traditional asset managers. Over the last fifteen years, many of the world’s largest securities firms used Kestrel’s products, including UBS Securities, ABN Amro, Mizuho Securities, NatWest Securities, Seix Investment Advisors (SunTrust) and Standish Mellon Asset Management. Kestrel’s largest institutional owners included First Union Capital Partners, Jefferies & Company, and Thomson Ventures.

BondHawk provides software solutions and services for the fixed income marketspace, including trading, portfolio management and market connectivity. Headquartered in Chicago, IL, BondHawk is a privately held company led by the former President of SunGard Futures Systems.

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