Title companies considering selling might wonder what the best option is for them: Merging with another company? Selling the business outright? Partnering with someone?
At this year’s National Settlement Services Summit (NS3) in Naples, Florida, our own Britehorn Partners and Britehorn Securities Co-Founder and Partner Bobbi Babitz Armstrong discussed what to consider when contemplating an M&A deal.
We’re excited to announce that our own Bobbi Babitz (now Armstrong) was mentioned in Axial’s latest M&A article, “Faces of the Lower Middle Market: Investment Bankers.” After a busy year in M&A, Axial decided to interview some top-performing investment banking teams to see what they had to say. Read on for an excerpt of her interview.
Britehorn Partners is excited to announce that for a second quarter in a row, we have been ranked in Axial’s Top 20 Lower Middle Market Investment Banks for Q2 2021.
Axial’s investment banking league tables rank sell-side M&A advisors based on their Axial activity, incorporating three core M&A advisory attributes: client quality, buy-side targeting, and deal process effectiveness.
Britehorn Partners (“Britehorn”) announced today Corridor Capital’s investment in World Wide Land Transfer (“World Wide” or the “Company”). Britehorn served as exclusive investment bank to the Company. Corridor Capital’s investment was made in partnership with Company management to support the Company’s strong growth and dedication to providing critical value-added services for its clients.
Britehorn Partners served as exclusive investment banker to Meridian Title Corporation in its sale to Armatage Capital. This deal represents another successful transaction for Britehorn Partners in the title insurance sector. Financial terms of the transaction were not disclosed.
Founded in 1938, Meridian Title has 34 offices in Indiana and Michigan, and facilitates residential and commercial transactions across the country. The company works with real estate brokers, banks, attorneys, builders and individual home buyers and sellers to deliver streamlined and on-time closings for any type of real estate transaction.
Britehorn Partners is pleased to announce that our client U.S. Title has been acquired by Shaddock National Holdings, LLC. US Title, founded in 1980, is one of the leading full-service title agencies in Utah with 14 branches throughout the state.
Shaddock National Holdings also operates Capital Title of Texas (the largest independent title agent in the US), Southwest Title Company, and Ascendant Title, which operates on a national platform in 36 states including three offices in the Denver area.
Britehorn Partners is pleased to announce that it has served as the exclusive investment banker to East-West Specialty Sauces (“East-West”) in its sale to an undisclosed national strategic buyer. Founded in 1991, East-West is a family-owned business which sells its gourmet products in retail, foodservice and private label channels, as well co-pack and custom formulation for clients. Operating from a world-class facility in Denver, Colorado, East-West produces a wide range of products including premium Asian cooking sauces, BBQ sauces and custom sauces.
Britehorn Partner Brett Story was recently quoted in a MarketWarch opinion article: “Investors who want to buy sports teams look to Europe, not the U.S.”
Buying a sports team in the United States is difficult not only difficult due to availability, but also cost. Brett Story of Britehorn Partners says: “Give a serious look to investing in professional soccer overseas, especially in Europe.” To Story’s point, those growing markets and team valuations are lower than here in the United States. As a foreign investor, you get a lot for your money. Not only are high net worth individuals and family offices that are priced out of the U.S. turning to Europe, but so are sovereign wealth investments from the Middle East, China and across Asia.
Denver-based investment bank LoHi Merchant Bank and its affiliated independent FINRA broker-dealer LoHi Securities is proud to announce a name change. Under the umbrella of Britehorn, the investment banking practice will be called Britehorn Partners, and the broker-dealer Britehorn Securities.
Britehorn Partners (formerly known as LoHi Merchant Bank) served as the exclusive investment banker to Victory Construction and Refrigeration in its sale to the Arcticom Group, a leading provider of commercial refrigeration and HVAC services across the western United States. Victory Construction and Refrigeration is a Denver-based commercial refrigeration installation and service company which offers services throughout the region to companies of all sizes with commercial refrigeration needs.