BellMark Partners

Transactions
Transactions
Navigation Menu

Maval Manufacturing, Inc.

Maval Manufacturing, Inc.

Remy International Enters Into a Definitive Agreement to Acquire Maval Manufacturing PENDLETON, Ind., Feb. 19, 2015 /PRNewswire/ — Remy International, Inc. (NASDAQ: REMY), announced today that it has entered into a definitive agreement to acquire substantially all assets of Maval Manufacturing, Inc. (“Maval”), a Twinsburg, Ohio manufacturer, remanufacturer, and distributor of steering systems, components, and specialty products to the automotive service, original equipment power sports, and off-road specialty vehicle markets. The transaction is subject to customary closing conditions and the parties expect to close the transaction in the first quarter of 2015. “We are continuing to expand our portfolio beyond our core rotating electrics products into high-quality multilines with growth potential,” said Remy President and Chief Executive Officer, Jay Pittas. “Maval is a perfect fit for us: a well-managed, resourceful, profitable company with quality products that can stand on its own. We can help them grow and increase their distribution.” Maval Manufacturing was the first independent remanufacturer to achieve a QS 9000 ranking for their steering products and they are a global leader in off-road and classic car steering systems. Their quality, management talent, and position in their markets made the company attractive to Remy, according to Pittas. Maval will retain their brand identities for their core products as well as their Unisteer and Wicked Bilt lines. “This is the right strategic option for us and we are all excited to partner with Remy,” commented John Dougherty, Jon Statler, and Dale Lumby, the founders of Maval. “We want to continue to build on our organic growth and Remy gives us the capital base and the resources to further expand our existing platform. Remy is a respected global organization with strong engineering talent, exceptional management, outstanding supply chain, and award-winning customer responsiveness.” “Maval is a strong company with great people,” continued Pittas. “We’re proud they are joining us. We are committed to leveraging our resources and experience to help them achieve their goals.” Maval was advised on the transaction by the investment-banking firm of BellMark Partners LLC and received legal advice from the law firm of Brouse McDowell. About Remy International Founded by the Remy Brothers in 1896, Remy International,...

Read More

Maval Manufacturing, Inc. Deal Announcement

Remy International Enters Into a Definitive Agreement to Acquire Maval Manufacturing PENDLETON, Ind., Feb. 19, 2015 /PRNewswire/ — Remy International, Inc. (NASDAQ: REMY), announced today that it has entered into a definitive agreement to acquire substantially all assets of Maval Manufacturing, Inc. (“Maval”), a Twinsburg, Ohio manufacturer, remanufacturer, and distributor of steering systems, components, and specialty products to the automotive service, original equipment power sports, and off-road specialty vehicle markets. The transaction is subject to customary closing conditions and the parties expect to close the transaction in the first quarter of 2015. “We are continuing to expand our portfolio beyond our core rotating electrics products into high-quality multilines with growth potential,” said Remy President and Chief Executive Officer, Jay Pittas. “Maval is a perfect fit for us: a well-managed, resourceful, profitable company with quality products that can stand on its own. We can help them grow and increase their distribution.” Maval Manufacturing was the first independent remanufacturer to achieve a QS 9000 ranking for their steering products and they are a global leader in off-road and classic car steering systems. Their quality, management talent, and position in their markets made the company attractive to Remy, according to Pittas. Maval will retain their brand identities for their core products as well as their Unisteer and Wicked Bilt lines. “This is the right strategic option for us and we are all excited to partner with Remy,” commented John Dougherty, Jon Statler, and Dale Lumby, the founders of Maval. “We want to continue to build on our organic growth and Remy gives us the capital base and the resources to further expand our existing platform. Remy is a respected global organization with strong engineering talent, exceptional management, outstanding supply chain, and award-winning customer responsiveness.” “Maval is a strong company with great people,” continued Pittas. “We’re proud they are joining us. We are committed to leveraging our resources and experience to help them achieve their goals.” Maval was advised on the transaction by the investment-banking firm of BellMark Partners LLC and received legal advice from the law firm of Brouse McDowell. About Remy International Founded by the Remy Brothers in 1896, Remy International,...

Read More

Planet DDS, Inc. Deal Annoucement

BellMark Partners, LLC advised Planet DDS, Inc. (the “Company”) in its recapitalization with District Line Partners, a Washington, D.C. based private equity firm that invests in and manages established and growing companies. Business Description Planet DDS, Inc., based in Irvine, CA is the industry leading provider of proprietary dental Software-as-a-Service (“SaaS”) and Revenue Cycle Management (“RCM”) services. The Company offers a proprietary product called Denticon, a web-based practice management system designed to help manage dental practices. The Company also offers Dentiray, a web-based digital image management software application; and Dentigram, an online patient relation management system. The Company’s software applications help dentists better evaluate the overall health of a practice’s operations, eliminate operational inefficiencies, encourage sustainable business practices, and improve profitability. The Company’s software applications manage over 5 million patient records and are currently being used by more than 6,500 unique users in over 1,300 locations across the United States. Transaction Description BellMark Partners, LLC acted as the Company’s exclusive financial advisor in connection with the completion of this transaction.  BellMark Partners was selected by the Company due to its industry experience and senior level attention to transaction...

Read More

Planet DDS, Inc.

Planet DDS, Inc.

BellMark Partners, LLC advised Planet DDS, Inc. (the “Company”) in its recapitalization with District Line Partners, a Washington, D.C. based private equity firm that invests in and manages established and growing companies. Business Description Planet DDS, Inc., based in Irvine, CA is the industry leading provider of proprietary dental Software-as-a-Service (“SaaS”) and Revenue Cycle Management (“RCM”) services. The Company offers a proprietary product called Denticon, a web-based practice management system designed to help manage dental practices. The Company also offers Dentiray, a web-based digital image management software application; and Dentigram, an online patient relation management system. The Company’s software applications help dentists better evaluate the overall health of a practice’s operations, eliminate operational inefficiencies, encourage sustainable business practices, and improve profitability. The Company’s software applications manage over 5 million patient records and are currently being used by more than 6,500 unique users in over 1,300 locations across the United States. Transaction Description BellMark Partners, LLC acted as the Company’s exclusive financial advisor in connection with the completion of this transaction.  BellMark Partners was selected by the Company due to its industry experience and senior level attention to transaction...

Read More