Q3 2012 Manufacturing Performance and Acquisition Activity

[mergers acquisitions] Q3 2012 Manufacturing Performance and Acquisition Activity. New blog at The Journal Record.

Despite the recent slowdown in U.S. manufacturing, acquisition deal activity accelerated in the third quarter of 2012, in terms of both the number and value of acquisitions announced. When compared with the third quarter of 2011, ... [click through to read full article]
http://journalrecord.com/2012/11/16/mergers-acquisitions-q3-2012-manufacturing-performance-and-acquisition-activity/

By Matthew Bristow, Managing Director of ClearRidge Capital, an Investment Banking firm in Tulsa, Oklahoma. www.ClearRidgeCapital.com

TULSA, OKLAHOMA - October 29, 2012. ClearRidge Capital, an Oklahoma Investment Banking firm, announces Pipeline Supply & Service’s acquisition of substantially all the assets of Allied Industrial, Inc. Allied Industrial Supply was advised by ClearRidge Capital.

Founded in Oklahoma in 1978, Allied Industrial Supply is an Oklahoma distributor of commercial and industrial tools, supplies and equipment. The Company serves large corporate customers that provide services to downstream oil and gas companies, providing a superior service and more efficient purchasing process for major construction, turnaround or rehabilitation projects.

Allied Industrial carries high-quality, brand-name “Made in U.S.A.” products. They have direct relationships and carry deep inventory of almost every manufacturer that they represent, allowing Allied to offer products at competitive, factory-direct prices.

Terms of the transaction are not disclosed.

About Allied Industrial, Inc.
For further information, visit www.alliedindustrial.net 

About Pipeline Supply & Service, LLC
Pipeline Supply & Service (“PSS”) was established in 1987. Headquartered in Houston, Texas with additional locations in George West, Texas and Belle Vernon, Pennsylvania. PSS provides industrial and safety supplies, maintenance and repair services and rental equipment to the pipeline and plant contractor as well as the oil and gas transmission industry. They stock over 4,000 different items and represent over 300 manufacturers. For further information, visit www.pipelinesupply.com

About ClearRidge Capital
ClearRidge provides Corporate Finance, Merger & Acquisition and Restructuring services for midsized companies. ClearRidge has completed M&A transactions, provided restructuring advice and secured new and replacement capital for midsized companies across the US and Canada. Advisory services are provided with a focus to maximize value for shareholders and ensure that the process is confidential, timely and professional. ClearRidge has worked with many of the leading private equity groups, banks, law firms, audit and accounting firms across the US. For further information, visit www.clearridgecapital.com

http://www.clearridgecapital.com/news/alliedindustrialtulsa.htm

September 28, 2012. TCI Services, Inc., also known as Tank Consultants, was acquired by Team Industrial Services (NYSE:TISI), the largest specialized industrial services company in North America. 

Click the link to read more about the transaction.
http://www.clearridgecapital.com/news/tci-services_acquisition.htm

Matthew Bristow is a Certified Merger and Acquisition Advisor and a federal and state registered investment banking agent. Matthew co-founded ClearRidge in Tulsa with Bruce Jones and has a range of banking experience from London, England. Prior to moving to the US, Matthew managed the derivatives trading division of a boutique investment banking, fund management and securities firm in London. Business ventures also took him from his native England to Paris, France working for Group Bull, a leading European information technology company. Matthew’s last deal in England was with his wife, Lindsey, a Tulsa girl, who wanted to move back home. Matthew holds Series 62, 63 and 79 securities licenses and is a registered investment banking agent with Burch & Company, Inc., member FINRA/SiPC. Matthew earned a Double Honors Degree in Management Economics and French from the University of Leeds, England. Matthew was recently elected to a three-year term as a Trustee of First Presbyterian Church in Tulsa, is a member of the Oklahoma Chapter of the Entrepreneurs' Organization, the Rotary Club of Tulsa and is Chair of Rotary's Committee for the Veterans' Entrepreneurship Program through Oklahoma State University's School of Entrepreneurship. Matthew also writes a weekly column on Corporate Finance for the Journal Record, Oklahoma's statewide daily business newspaper. Matthew enjoys sailing, running, cycling, motor racing and most of all spending time with his family. He represented Great Britain in three Sailing World Championships in the 5o5 class and competed in the UK National University slalom ski championships for the University of Leeds. Originally from England, Matthew has also lived in France and Africa for four years. For further information, visit www.clearridgecapital.com or www.matthewbristowtulsa.com. All rights reserved. Copyright: ClearRidge Capital, LLC, 2012.

New corporate finance blog for The Journal Record:
http://journalrecord.com/2012/10/03/corporate-finance-blog-inflation-and-economic-theory-whats-the-deal/

Inflation and Economic Theory? What’s the Deal?

According to traditional economic theory, inflation should be increasing right now, at a growing pace. Trying to oversimplify a complex topic, there are three underlying causes that, under different circumstances, would drive inflation. The fact that this is not happening gives us an interesting perspective on the state of our economy and those who influence [...]

For further information, visit www.clearridgecapital.com or www.matthewbristowtulsa.com. All rights reserved. Matthew Bristow. Tulsa, Oklahoma Copyright: ClearRidge Capital, LLC, 2012.

Business People > Tulsa World


TULSA, OK – August 23, 2012 – ClearRidge Capital, a leading Oklahoma investment banking, M&A and restructuring firm, has expanded its team with the addition of Shanna Dutton, a seasoned finance and accounting executive. At ClearRidge, Shanna is actively involved in M&A, restructuring, due diligence and financial analysis engagements.

Shanna is a CPA with a wide range of accounting and finance experience. Her background includes work in private practice providing consulting and auditing services to credit unions and banks, assisting banks in managing troubled asset accounts, in the government sector as a financial institution examiner, as well as time spent with a public accounting firm with an emphasis on auditing. Shanna has a love for finding the proverbial needle in a haystack, which has served her well in forensic accounting work.

Shanna lives in Tulsa and grew up in Indiana. She received her Bachelor’s Degree in Accounting from Manchester University, a small private university in North Manchester, Indiana. She immediately passed her CPA and began her career in Columbus, Ohio with the National Credit Union Administration.

About ClearRidge Capital
ClearRidge, a leading Oklahoma investment banking, M&A and restructuring firm, provides Corporate Finance, Merger & Acquisition and Restructuring services for midsized Oklahoma companies, banks and law firms.

www.ClearRidgeCapital.com

Journal Record: Mergers, Acquisitions and Corporate Finance blog -

New post by Matthew Bristow, Tulsa, Oklahoma:
M&A round-up - 2012 so far and outlook for the rest of the year:
http://journalrecord.com/2012/06/28/ma-round-up-2012-so-far-and-outlook-for-the-rest-of-the-year/

New post to the Journal Record Mergers, Acquisitions and Corporate Finance blog -

Stock Markets Volatile – Time to Sell My Business?
http://journalrecord.com/2012/06/06/ma-blog-stock-markets-volatile-%E2%80%93-time-to-sell-my-business/


Matthew Bristow is a Certified Merger and Acquisition Advisor and a federal and state registered investment banking agent. Matthew co-founded ClearRidge in Tulsa with Bruce Jones and has a range of banking experience from London, England. Prior to moving to the US, Matthew managed the derivatives trading division of a boutique investment banking, fund management and securities firm in London. Business ventures also took him from his native England to Paris, France working for Group Bull, a leading European information technology company. Matthew’s last deal in England was with his wife, Lindsey, a Tulsa girl, who wanted to move back home. Matthew holds Series 62, 63 and 79 securities licenses and is a registered investment banking agent with Burch & Company, Inc., member FINRA/SiPC. Matthew earned a Double Honors Degree in Management Economics and French from the University of Leeds, England. Matthew was recently elected to a three-year term as a Trustee of First Presbyterian Church in Tulsa, is a member of the Oklahoma Chapter of the Entrepreneurs' Organization, the Rotary Club of Tulsa and is Chair of Rotary's Committee for the Veterans' Entrepreneurship Program through Oklahoma State University's School of Entrepreneurship. Matthew also writes a weekly column on Corporate Finance for the Journal Record, Oklahoma's statewide daily business newspaper. Matthew enjoys sailing, running, cycling, motor racing and most of all spending time with his family. He represented Great Britain in three Sailing World Championships in the 5o5 class and competed in the UK National University slalom ski championships for the University of Leeds. Originally from England, Matthew has also lived in France and Africa for four years. For further information, visit www.clearridgecapital.com or www.matthewbristow.net. All rights reserved. Copyright: ClearRidge Capital, LLC, 2012.

For more information on Matthew (Matt) Bristow in Tulsa, Oklahoma you can see the following websites:
http://www.matthewbristowtulsa.com/

Matthew (Matt) Bristow in Tulsa, Oklahoma:
http://www.clearridgecapital.com/mattbristowtulsa.htm


Matthew (Matt) Bristow in Tulsa, Oklahoma:
http://www.linkedin.com/pub/dir/Matt/Bristow

Matthew (Matt) Bristow in Tulsa, Oklahoma:
https://twitter.com/#!/MBristowTulsa

Matthew (Matt) Bristow in Tulsa, Oklahoma:
http://www.tulsaworld.com/business/article.aspx?subjectid=495&articleid=20120217_495_E4_CUTLIN651630

Matthew (Matt) Bristow in Tulsa, Oklahoma:
http://journalrecord.com/author/matthewbristow/

Matthew (Matt) Bristow in Tulsa, Oklahoma:
https://plus.google.com/100639068898851451931#100639068898851451931/posts

Matthew (Matt) Bristow in Tulsa, Oklahoma:
http://www.facebook.com/pages/ClearRidge-Capital-LLC/145575510691

Matthew (Matt) Bristow in Tulsa, Oklahoma:
http://www.linkedin.com/in/matthewbristow

Matthew (Matt) Bristow in Tulsa, Oklahoma:
http://www.clearridgecapital.com/corporatefinanceblog.htm

Matthew (Matt) Bristow in Tulsa, Oklahoma:
http://twitter.com/#!/clearridge

Matthew (Matt) Bristow in Tulsa, Oklahoma:
http://tulsabusiness.com/Main.asp?SectionID=3&SubSectionID=50&ArticleID=53468

Matthew (Matt) Bristow in Tulsa, Oklahoma:
http://journalrecord.com/2012/06/06/ma-blog-stock-markets-volatile-%E2%80%93-time-to-sell-my-business/


Matthew Bristow is a Certified Merger and Acquisition Advisor and a federal and state registered investment banking agent. Matthew co-founded ClearRidge in Tulsa with Bruce Jones and has a range of banking experience from London, England.

For further information, visit www.clearridgecapital.com or www.matthewbristow.net. All rights reserved.

Copyright: ClearRidge Capital, LLC, 2012.

Business Brokers and Merger Acquisition Advisors operate illegally – protect yourself and your business.

When you sell your company a private company or raise capital for your company, you need to ensure that you only use a business or M&A advisor who is properly licensed by state and federal securities agencies to represent you and your business. Your advisor should be registered in your state and any other state where he or she does business, as well as registered with FINRA, through a securities broker-dealer, a member of FINRA/SiPC. Your advisor needs to have passed a combination of state and federal securities tests, including Series, 62, 63, 7 and 79.

What are the implications if you hire an unlicensed advisor to sell your company? If your advisor is operating illegally, then you, your company and your advisor have all violated securities laws. Most people think that this is a gray area and not a cause for concern, but that’s not accurate. It is black and white, it is just that most advisors choose not to comply with the stringent regulations in the hope that they don’t get caught.

If you hire an intermediary that is unlicensed to sell your business or raise capital for your business and you plan to pay them a success fee for doing so, most of the time the sale will include some piece of the capital structure that is either an exempt security or a non-exempt security. It is important to note that an exempt security is only exempt from registration as a security. It does not exempt the issuer or advisor from securities laws.

There are numerous civil and criminal penalties if you are prosecuted and in a worst case scenario, it could result in a voidable transaction whereby the buyer or investor has the right of rescission, even many years down the line, which effectively grants them a “put” right. If the acquisition or investment doesn’t perform as they expected, then they have the legal right to come back and ask for their money back.

Even if you hire an unlicensed advisor to represent an asset sale, your business still needs to comply with securities laws if the final deal includes any kind of seller note, seller financing, the sale of membership interest in an LLC, stock, options, warrants, or any other security, including many debt issuances.

The simple way to find out if your advisor is licensed is to look at their website or marketing materials. If you are a licensed investment banking agent or securities representative, you are required by law to disclose that fact in any marketing materials, including a website. You would likely find this disclosure in the document footer, or the bottom of a website – you look for a notice that states: “member FINRA/SiPC.”

Exemptions: For the most part, if operating within their normal course of business and if they are paid only on an hourly fee basis, then accountants, lawyers and financial planners are typically exempt, so long as they do not receive any success or contingency fee payment.

Matthew Bristow is a Certified Merger and Acquisition Advisor and a federal and state registered investment banking agent. Matthew co-founded ClearRidge Capital, LLC, an Oklahoma Investment Banking firm.

For further information, visit www.clearridgecapital.com or www.matthewbristowtulsa.com.

 All rights reserved. Copyright: ClearRidge Capital, LLC, 2012.

Clear Ridge Capital Matt Bristow Blog has moved

Our blog has moved to:
journalrecord.com/category/corporate-finance/

Matt Bristow, Managing Director of Clear Ridge Capital, was invited to write a weekly column for The Journal Record, Oklahoma's Statewide daily business newspaper.

You can read each blog at the link above, or take a look at our website, for links to other articles and information:
http://www.clearridgecapital.com

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