Daily News: February 20, 2013

Mergers & Acquisitions Announces 2012 M&A Mid-Market Winners


Mergers & Acquisitions announced the winners of its sixth annual M&A Mid-Market Awards. The awards honor the leading dealmakers and the deals that set the standard for transactions with an enterprise value of less than $1 billion.

Mergers & Acquisitions, a SourceMedia brand, is a leading resource for middle-market dealmakers, providing news, analysis and features through its daily website (TheMiddleMarket.com) and monthly magazine.

  • Dealmaker of the Year honors were bestowed on Mark Brady, global head of M&A for William Blair & Co. The editors cited the 20-year veteran for delivering premium valuations, including the sale of TMW Systems, which gave owner Pamlico Capital a return of 11 times its original investment.

  • The Riverside Co. was recognized as Private Equity Firm of the Year. Riverside put up record numbers in 2012 – its 36 acquisitions and 14 exits included the 300th transaction in the firm’s history. The private equity firm also fared well in fundraising, enjoying the first close on two new funds.

  • Starbucks’ $620 million purchase of Teavana Holdings was recognized as Deal of the Year. With Teavana, Starbucks hopes to forge a whole new consumer culture focused on tea, as it did with coffee decades ago.

    This year’s honorees, which are chosen by the editors of Mergers & Acquisitions, all stood out for their ability to thrive despite industry headwinds, said editor in chief Mary Kathleen Flynn.

    “Winners of the M&A Mid-Market delivered success stories in a year that saw deal activity shrink in value and volume terms from the previous year,” Flynn said. “Every one of our honorees offers proof that even in tough markets, execution and vision can prevail.”

    In addition, Mergers & Acquisitions recognized the following firms:

  • Blue Sage Capital was named as Seller of the Year for its sale of R360 Environmental Solutions Inc. to Waste Connection for $1.3 billion.

  • Covidien plc, a medical equipment and supply company, as Strategic Buyer of the Year for its aggressive deal making which netted half a dozen acquisitions in fast-growing categories.

  • Harris Williams & Co. as Investment Bank of the Year due to its 60% growth in deal value and 50% growth in deal volume during a down year for overall M&A.

  • Madison Capital Funding as Lender of the Year. The firm expanded its managed-account offerings, which allowed it to increase its hold sizes and attracted a valuable new partner in Apollo Investment Corp.

  • K&L Gates LLP as Law Firm of the Year. K&L had an impressive year, particularly on the international front as it advised on cross-border transactions and struck a merger deal of its own with Middletons in Australia.

    For complete coverage of the winners, including video interviews, click here.

    Mergers & Acquisitions covers all aspects of middle-market deal making, including fundraising, identifying targets, negotiating transactions, performing due diligence and closing deals.

    SourceMedia, an Investcorp company, is a business-to-business media and marketing solutions company serving the financial industry and the related fields of professional services and technology.