Pickwick Capital Partners

Pickwick Client Puraclenz, Provider of Air & Surface Purifiers, Closes $1Million Investment from Longfellow Park Ventures OLD GREENWICH, CONNECITCUT, UNITED STATES OF AMERICA, April 29, 2024 /EINPresswire.com/ -- Puraclenz Closes $1 million Investment with Longfellow Park Ventures With a doubling of its revenue in 2023 to $4 million in its second full year of business, Interior Air Quality (IAQ) tech firm Puraclenz Holdings Inc. (“Puraclenz”) announced the closing of a $1 million combination royalty and equity investment by Boston based Longfellow Park Ventures, LLC (“Longfellow”). The $500,000 equity portion of the investment is priced at a pre-money valuation of $12.9 million. Longfellow has the option for a second $1 million combination royalty and equity investment. Read more: https://lnkd.in/gbQqBSBk

Finhaven Capital, Chaperoned by Pickwick, Advises Car Tech on Merger Agreement with SPAC SEOUL, South Korea and OPELIKA, Ala. and NEW YORK, Feb. 21, 2024 /PRNewswire/ - Car Tech, LLC ("Car Tech"), a U.S. stamped auto-body parts manufacturer and subsidiary of leading Korean supplier, Shinyoung Co., Ltd., and AltEnergy Acquisition Corp. (NASDAQ: AEAE) ("AltEnergy"), a special purpose acquisition company, announced today that they have entered into a definitive business combination agreement that would result in Car Tech becoming a publicly traded company on the NASDAQ Capital Market. The transaction aims to expand Car Tech's U.S. manufacturing operations with an emphasis on its growing EV battery-related body parts business. Read more: https://lnkd.in/dQwZa8gw

Congrats to Vicksburg Capital Partners, a Pickwick partner, which served as exclusive financial advisor to RANDA during its acquisition by Level Data. RANDA Solutions is based in Franklin, TN where it configures, customizes, designs, develops, and implements software solutions to equip educators and administrators at every level to make informed decisions based on timely, accurate data. https://lnkd.in/ea9Pjnw6

How many boutique investment banks have two physicians, three science PhDs and bulge-bracket ibank veterans serving healthcare clients? Pickwick Capital does. Now we've been named to Axial's list of the Top 50 Lower Middle Market Healthcare Investors & M&A Advisors. Thank you @Axial and the Pickwick healthcare teams, serving emerging and lower-middle-market companies from healthcare SaaS to pharma financing & licensing...urgent care to medical devices. [From Axial] This list features the top 50 buy- and sell-side Axial members that specialize in healthcare deals and have remained resilient and productive in the industry over the past 12 months. Our Top 50 healthcare list was generated based on a weighted formula leveraging four key metrics: • The number of healthcare deals brought to market via Axial (sell-side) • The level of interest those deals generated from Axial’s buy-side member base • The number of specific healthcare-focused investment mandates created in the platform (buy-side) • The number of healthcare deals that progressed through the deal funnel achieving a signed NDA, shared CIM, received IOI, received LOI, executed LOI or successfully consummated transaction (buy-side & sell-side). Congratulations to these members for their achievements! https://hubs.li/Q02clY3P0

Forge Nano to Launch U.S Battery Manufacturing Business; North Carolina Gigafactory Planned for 2026 Denver, CO (November 14, 2023 GLOBE NEWSWIRE) -- Forge Nano, Inc., a leading materials science company that enables peak performance products through atomic-level surface engineering, today announced plans to launch a lithium-ion battery manufacturing business called Forge Battery. The newly formed company intends to produce best-in-class high-energy and high-power lithium-ion battery cells for defense, aerospace and specialty electric vehicle markets at a newly constructed Gigafactory in Raleigh, North Carolina. Forge Battery plans to utilize a U.S-focused battery material supply chain to further bolster the domestic battery ecosystem and reduce reliance on foreign suppliers. The company and outside investors plan for an initial investment of more than $165M in Morrisville, North Carolina to build the gigawatt hour-scale battery manufacturing facility. The Forge Battery facility expects to produce both 21700 and 18650 lithium-ion cells utilizing materials coated with Forge Nano’s Atomic Armor surface technology. Forge Nano’s Atomic Armor will allow Forge Battery to produce first generation high-energy cells with an expected energy density of 300 Wh/kg with improved safety and extended lifetime that meet or beat performance of incumbent lithium-ion technologies. Because Atomic Armor can enhance the performance of existing and next-generation battery technologies, Forge Battery expects its cell technology to outperform current and future cell chemistries. Atomic Armor is also being used to improve production efficiency and drive down cell costs by removing electrolyte additives and reducing electrolyte consumption. The facility expects to begin production in 2026. “Lithium-ion cells utilizing Forge Nano’s Atomic Armor technology have exceeded our customer’s expectations, and in turn, increased demand for the technology that outstrips the current manufacturing capabilities,” says Paul Lichty, CEO of Forge Nano. “We are extremely excited to launch Forge Battery in the Battery Belt, where we intend to produce batteries for the world’s most demanding applications, while showcasing the power of Forge Nano’s Atomic Armor coating equipment in a large-scale manufacturing environment.” Forge Battery’s North Carolina facility will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee. The JDIG agreement authorizes the potential reimbursement of up to $1,525,500, spread over 12 years. Forge Battery also expects to receive an additional $6,500,000 from the state of North Carolina based on its current investment projections, which include sales tax exemptions on planned capital investment. https://lnkd.in/gfmXsG94

Pickwick Capital Advises RightCrowd in Sale to Bloom Equity Partners United States (September 27, 2023) – Bloom Equity Partners, a NYC-based private equity firm investing in technology, software, and tech-enabled business service companies, has announced its strategic acquisition of RightCrowd, a global leader in Physical Identity and Access Management (PIAM) solutions. The acquisition, finalized on September 25, 2023, marks a pivotal moment in the world of access risk and physical identity and access management. RightCrowd has earned a stellar reputation serving some of the world’s largest corporations, including a myriad of Fortune 50 companies. Their award-winning PIAM offerings have consistently driven enhanced productivity and cost reduction across businesses of all sizes. With this acquisition, Bloom Equity Partners is poised to elevate RightCrowd to unprecedented levels of innovation. Read more: https://lnkd.in/gMUqEMKF #security #physicalsecurity #PIAM #M&A

Pickwick Selected by Axial as Top 100 Lower-Middle-Market Advisor  White Plains, NY (Oct. 16, 2023) The Axial Advisor 100, from M&A deal platform Axial, rates lower middle market investment banks for the quality and volume of their deals and the effectiveness of their processes. The list reflects a survey of M&A buyers on the platform concerning which investment banks they “trust and respect most.” “We thank Axial for this designation and the valuable assistance its platform provides in matching Pickwick clients with qualified potential buyers,” said Doug Greenwood, Pickwick CEO. “This recognition reflects the expertise, industry connections and deal flow of Pickwick bankers in sectors such as physical/cyber security, healthcare and medical devices, defense/federal contracting, ISPs, business services, FIG/fintech and more.” About Pickwick Capital Pickwick Capital Partners, LLC is an independent, middle market investment banking firm providing strategic merger and acquisition and special situations advisory services, direct and fund capital placement, and foreign broker-dealer chaperone services. Pickwick Capital is headquartered in White Plains, NY, with over 130 associated persons across the US and internationally. For more information, visit www.pickwickcapital.com. https://lnkd.in/g3PXCM9T

Pickwick Partner, Ascentage Advises on Sale of Manufacturing-Software Company Proplanner  Advantive, a mission-critical software provider for specialty manufacturing and distribution businesses, announced today its acquisition of Proplanner, a leader in Product Lifecycle Management (PLM) solutions and Manufacturing Execution Systems (MES). This acquisition further advances Advantive's commitment to driving innovation in the manufacturing and distribution lifecycle. As the only assembly-focused PLM system available in the market today, Proplanner is trusted by many leading names in aerospace, automotive, agriculture, and construction to help manage assembly line manufacturing, generate detailed work instructions, track the location of parts, and improve shop floor layout and efficiency. This acquisition adds expertise and elevates Advantive's capabilities across the assembly space while helping customers organize manufacturing data, prevent errors, and reduce costs "Today marks a significant milestone for Advantive as we embrace the future of manufacturing technology," said Benoit de la Tour, CEO of Advantive. "With Proplanner's cutting-edge solutions and expertise, we are well-positioned to revolutionize the PLM space and bring unmatched value to our customers. This acquisition strengthens our resolve and brings Advantive to the forefront of innovation, and we look forward to the exciting journey ahead." The Proplanner Assembly PLM solution features three technology platforms designed to increase efficiency: Assembly Planner, Shop Floor MES, and Flow Planner. Embraced by customers in heavy manufacturing, Proplanner complements Advantive's existing suite of Enterprise Resource Planning (ERP), MES, and Statistical Process Control (SPC) software by adding elements of analysis, tracking, and optimization to human-enabled product assembly. With the addition of Proplanner, Advantive now covers every dimension of complex manufacturing processes – from planning and execution, to assembly, quality, warehousing, transportation, and more. "We are thrilled to become part of Advantive's vision for the future," said Dave Sly, Proplanner CEO. "By joining forces with Advantive, we are excited to bring a synergistic suite of manufacturing solutions and value-generating software to our customers. Together, we will set new industry standards for efficiency and productivity."   https://lnkd.in/gJ-887z9

WestRock Announces $20Bn Merger Agreement With Smurfit Kappa The Consello Group acted as financial advisor to WestRock, the second largest paper and packaging producer in the United States, in its $20 billion merger agreement with Europe’s largest paper and packaging producer, Smurfit Kappa. Once complete, the merger will create the world’s largest packaging company by revenue. https://lnkd.in/g6nESAdJ

Pickwick Capital Advises Eagle Point on Acquisition of CADLearning    Dubuque, Iowa—(PRNewswire Corp. - August. 1, 2023) - Eagle Point Software, creator of the Pinnacle Series e-learning solution, has announced the acquisition of CADLearning from 4D Technologies. On July 27, 2023, Eagle Point acquired the CADLearning businesses, including intellectual property and digital assets while assuming responsibility for supporting CADLearning clients. Eagle Point and CADLearning are recognized as industry-leading providers of learning and development experiences for architectural, civil, construction, product design, and manufacturing engineers. Initially, CADLearning clients will continue to leverage the CADLearning platform and content. Overtime CADLearning clients will have opportunities to access additional resources, content, and Pinnacle Series platform functionality like KnowledgeSmart skills assessments and personalized learning paths. Steve Biver, Eagle Point COO, shared, "We are thrilled to welcome CADLearning clients into the Eagle Point family, and we are committed to making the transition as smooth as possible. CADLearning has a very robust library of Autodesk resources which will match well with Eagle Point's own extensive offering of content. This acquisition will enable us to offer a more comprehensive and personalized learning experience to all CADLearning and Eagle Point customers and will certainly strengthen our overall business."  Dan Dolan, President and Founder of CADLearning, shared, "This opportunity with Eagle Point Software helps ensure that our clients will continue to be successful. The team at Eagle Point has been an industry-leading company in the AEC and manufacturing space for more than 40 years. Eagle Point's commitment to the success of its customers was a key consideration and driving force behind this acquisition. We are confident that all CADLearning clients are in great hands with the support of the Eagle Point Software team!"  Pinnacle Series is an AEC and manufacturing learning management solution that features a comprehensive library of videos, documents, and other development resources that enables long-term employee training, on-demand problem-solving, and digital transformation. About Eagle Point  Pinnacle Series creator Eagle Point Software has helped AEC & manufacturing companies work more efficiently since 1983. Based in Dubuque, Iowa, the Pinnacle Series team is comprised of industry experts who deliver the leading development and productivity platform to more than 500,000 global AEC & manufacturing professionals. Pinnacle Series offers a robust library of on-demand software training content, plus knowledge capture and sharing capabilities that ultimately increase efficiency. www.eaglepoint.com; +1 563.556.8392. Follow Pinnacle Series on  LinkedIn, YouTube.  https://lnkd.in/gufFkdW8