TM Capital Wins Consumer Deal of the Year & Cross Border Deal of the YearJune 2015 | News & Press
New York, NY – June 18, 2015 – TM Capital is pleased to announce that we have been awarded the Consumer Deal of the Year for the Recapitalization of Tate’s Bake Shop with The Riverside Company and the Cross Border Deal of the Year for the Sale of Sapheon Inc. to Covidien plc. The awards were presented at the 5th Annual ACG New York Champion’s Awards gala at the Metropolitan Club in New York City. ACG New York and The M&A Advisor host this annual event as a tribute to the outstanding achievements of professionals in the middle market M&A industry.
TM Capital served as exclusive financial advisor to Tate’s Bake Shop, a leading marketer of premium branded baked goods, in its recapitalization with The Riverside Company, a global private equity firm with more than $4.6 billion of capital under management. TM assisted Tate’s founder, Kathleen King, in attracting a partner that shared her vision and offered the resources necessary to capitalize on the company’s numerous growth opportunities. This transaction success further highlighted TM Capital’s differentiated expertise in realizing premium values for consumer brands. Click here for more information about this transaction.
TM Capital served as exclusive advisor to Sapheon Inc., a privately held developer of an innovative venous disease treatment, in its sale to Covidien plc, a global leader in the treatment of peripheral vascular disease, for up to $238 million in cash and contingent consideration. This is the latest in a series of notable assignments in which the principals of TM Capital have assisted growing companies with novel technologies in achieving superior valuations from the world’s largest strategic healthcare acquirers. Click here for more information about this transaction.
About TM Capital
TM Capital Corp. is a partner-owned investment banking firm based in New York, Boston and Atlanta which has completed over 275 transactions with a combined value in excess of $17 billion. Since 1989, we have advised clients navigating a full range of critical transactions including complex mergers, acquisitions, debt and equity financings, minority and majority recapitalizations, restructurings, and advisory services including takeover defense, fairness and solvency opinions and valuations. We have built deep industry expertise in key sectors, and our team regularly publishes research highlighting current and emerging trends in targeted industries and markets. TM Capital is a partner firm of M&A International Inc., the world’s leading alliance of mid-market investment banks with over 650 M&A professionals in 42 countries. Our MAI team has closed over 1,400 transactions totaling more than $75 billion in value over the past five years. For more information, visit www.tmcapital.com.