November 4, 2015
BOSTON, MA -- Dunn Rush & Co. LLC is pleased to announce the recent closing of the sale of SencorpWhite, Inc. (“SencorpWhite”), a portfolio company of Management Capital, LLC, to Connell Limited Partnership ("Connell"). Dunn Rush & Co. served as financial advisor to SencorpWhite in the transaction.
SencorpWhite (www.sencorpwhite.com) provides unique end-to-end solutions for the packaging and management of inventory. The Company’s products and services – which range from innovative packaging systems and technologies to automated storage and retrieval systems and inventory management software – address critical strategic needs for a number of major industries and span the entire supply chain spectrum, from the point-of-manufacture, through distribution, to the point-of-use. The Company's products and services are increasingly vital to businesses in the healthcare/life sciences, fresh food packaging, industrial warehouse/distribution, medical products packaging, and consumer products packaging market segments. SencorpWhite is based in Hyannis, Massachusetts.
Connell (www.connell-lp.com) is a Boston-based family-owned business, characterized by market-leading companies providing superior customer service and excellence in operations. Connell currently operates companies in the manufacturing sector, principally serving as a critical supply chain partner to customers in the automotive, appliance, energy, mining, rail and agriculture industries. Connell has in excess of $500 million of funds available for investment and is continually evaluating new opportunities.
Dunn Rush & Co. LLC was founded in 2009 to provide high quality merger and acquisition advisory services to middle market companies valued between $20 million and $250 million. Dunn Rush & Co. LLC has significant expertise in the following industry sectors: Business Services; Consumer; Defense & Security; Healthy Living; Instrumentation; Manufacturing & Distribution; Medical Technology & Services; and Technology, Software & Data Services. The Firm is a registered Broker-Dealer and is headquartered at 225 Franklin Street, Boston MA 02110. For further information, please visit our website at www.dunnrush.com or contact us at 617-451-0001.
We had a challenging transaction – selling our Fulflex division to an international buyer who was also a major joint venture partner of ours. We engaged Dunn Rush & Co. to help us navigate through the anticipated and unforeseen issues. They were with us every step of the way and their experience and knowledge was instrumental in accomplishing our goals.
Alexandra Moore, EVP and Owner, The Moore Company, and its former subsidiary Fulflex, Inc.
Greg is one of the most effective investment bankers that I have had the opportunity to work with. His professionalism, ability to quickly grasp the complexities of our business, expert advice and follow up insured that our process ran smoothly. Even when we hit road blocks during the process, Greg was there to offer alternative suggestions and to work behind the scenes with all parties to get the deal back on track. Greg was a real partner during the entire process from beginning to end and even though we were operating out of different cities, he was always available day or night to discuss and address the issue at hand.
Joe Jacobson, President & CEO of Akustica, Inc.
The Dunn Rush team skillfully guided us through the sale process resulting in our achieving maximum value for our division, Moeller Marine Products. They ran their 2 stage competitive sale process which resulted in us receiving multiple initial offers which were then winnowed down to the top few interested buyers. We met with those buyers and supplied additional information and Dunn Rush then had those buyers compete against one another which resulted in our achieving very favorable terms and an outstanding valuation.
Dana Barlow, CEO of The Moore Company, and its former subsidiary Moeller Marine Products