June, 2015 – Los Angeles, CA – Transom Capital Group is pleased to announce that it has acquired Bravo Sports Corp., a leading action sports company in the skateboard, scooter, skates and instant canopy spaces. With global manufacturing capabilities, Bravo Sports is able to provide these premium recreational and sporting goods at key retail price […] Read more
Deal Closings
March 24, 2015
Q4 2014 – Backbone Capital and Britt Terrell assisted with the refinance of a $45M senior ABL credit facility for a contractor specializing in IT services and mobile communications for federal government agencies and the commercial private sector […] Read more
October 17, 2014
SHREWSBURY, N.J., Oct. 10, 2014 (GLOBE NEWSWIRE) — InterCloud Systems, Inc. (Nasdaq:ICLD) (“InterCloud” or the “Company”) announced today that it has completed its acquisition of cloud solutions company VaultLogix, LLC. Over the past twelve months, VaultLogix generated approximately $12 million in revenue and over $4.3 million in adjusted EBITDA. “We are excited to close on […] Read more
August 17, 2014
Los Angeles, CA – April, 2014-August, 2014 – Backbone Capital worked closely with Stewart Kim of PGP Capital to assist with developing a finance plan for $30M debt structure for Mandalay Digital’s acquisition of Appia. This transaction was approved in the end by shareholders under an all equity structure, and is scheduled to close in […] Read more
August 15, 2014
Denver, CO and Tallahassee, FL (August 1, 2014) – Lion Equity Partners, through its affiliate Real Estate Media Holdings, LLC (“Lion Equity”) announced today that it has acquired substantially all the assets of Endurance Business Media, Inc., including all print and digital assets and trademarks of Homes & Land, Estates & Homes, Rental Guide and […] Read more
May 23, 2014
LOS ANGELES, CA May 23, 2014 NYLON Magazine, which includes NYLON, NYLON Guys Magazine, NYLON TV, NYLON’s international editions and its popular branded digital/social media properties has been sold to an affiliate of Los Angeles-based investor Marc Luzzatto through his Los Angeles-based private equity firm, Diversis Capital LLC. Mr. Luzzatto has acquired a controlling stake […] Read more
March 3, 2014
AEG Live and Transom Capital Group announced today that it will merge their entertainment licensing and merchandising businesses, BandMerch and Cinder Block, into a standalone entity creating the largest, full-service independent entertainment merchandising company in the United States. The combined company will be home to the largest names in sports and music entertainment including: The […] Read more
October 2, 2013
FOR IMMEDIATE RELEASE Backbone Capital Advisors, LLC Assists OpenGate Capital, LLC in Acquisition of PennySaver USA LOS ANGELES, CA – September 27, 2013 – OpenGate Capital, LLC, a global private buyout firm, completed the acquisition of PennySaver USA from Harte-Hanks, Inc., (NYSE: HHS) on September 27th 2013, just one week after announcing it had signed an agreement […] Read more
August 1, 2013
Virginia – August 2013 – This company was a management buyout from a larger seller. The management team had thin equity resources, and needed professional financing execution. This company provides full logistics and special projects management for large companies with one time big project requirements.
July 1, 2013
North Carolina – July 2013 – $35M senior cash flow acquisition financing for a major Los Angeles based private equity fund. This company is a value added reseller of point of sale (POS) equipment and IT systems for installation into large retailers.