NEWS
SLATE CAPITAL GROUP EXPANDS TO MIDWEST
(Baltimore, MD) — Slate Capital Group, a private equity investment firm that partners with lower-middle market companies, announced today its expansion to the Midwest with new local presences in Nashville, TN and Cincinnati, OH. Parker Davis will manage the Baltimore office, where Slate was established in 2004. Erik Ginsberg and Rick Corcoran will manage the Nashville and Cincinnati offices, respectively.
PARKER DAVIS, PARTNER AT SLATE CAPITAL GROUP SPEAKS TO SLADE KOBRAN
(Baltimore, MD) – Parker Davis, Partner, Slate Capital Group, recently shared his perspectives on value creation in private equity with Slade Kobran for his series “PE Value Drivers” on Chief Outsiders. Check out the main highlights from the interview with Parker or tune in to hear the full conversation.
SLATE CAPITAL GROUP ANNOUNCES ACQUISITION OF O’DONNELL METAL DECK & BAR JOIST
(Baltimore, MD) — Slate Capital Group, a private equity investment group in Baltimore that partners with lower-middle market companies, announced today its acquisition of O’Donnell Metal Deck & Bar Joist.
SLATE CAPITAL GROUP PROVIDES EQUITY INVESTMENT IN NOVA TECHNOLOGIES
(Baltimore, MD) — Slate Capital Group, a private equity investment group in Baltimore that partners with lower-middle market companies, announced today its equity investment in Nova Technologies.
SLATE CAPITAL GROUP ACQUIRES HORIZON FACILITIES SERVICES, LLC
(Baltimore, MD) — Slate Capital Group, a private equity investment group in Baltimore that partners with lower-middle market companies, announced today its acquisition of Horizon Facilities Services, LLC in partnership with Gladstone Investment Corporation.
PE PROFESSIONAL
Slate Capital Group invests in Eastern US-based companies that have annual cash flow of $3 million to $15 million. Sectors of interest include business services, specialty retail, healthcare services, distribution and light manufacturing. The firm was founded in 2004 by Rick Corcoran and Erik Ginsberg and is headquartered in Baltimore, MD (www.slatecap.com).
SLATE CAPITAL GROUP ACQUIRES BROADCAST SPORTS INC.
(Baltimore, MD) – Slate Capital Group, a private equity firm that partners with lower-middle market companies, announced that it has acquired Broadcast Sports Inc. (BSI), a leading provider of wireless (RF) technology and communications systems services for use in the field of sports television broadcasting, from L-3 Communications Corporation. BSI will operate as Broadcast Sports International, LLC following the transaction.
MERGERS & ACQUISITIONS
Baltimore private equity firm Slate Capital Group is buying Broadcast Sports Inc. from L-3 Communications (NYSE: LLL).
Broadcast Sports, headquartered in Hanover, Maryland, provides wireless technology and communication services for sports television broadcasting, including the Olympics, Daytona 500 and the America's Cup. Terms of the deal were not disclosed. The company will operate as Broadcast Sports International LLC after the transaction closes.
THE STREET
NEW YORK (TheDeal) -- Baltimore private equity firm Slate Capital Group said Monday it has purchased Broadcast Sports from L-3 Communications (LLL) - Get JX Luxventure Limited Report.
Terms were not disclosed, but L-3 stated in its quarterly filing with the Securities and Exchange Commission on April 30 that it divested of its Broadcast Sports business for $27 million.
THE WALL STREET JOURNAL
Slate Capital Group said it acquired Broadcast Sports Inc., a provider of wireless technology and communications systems services for use in the field of sports television broadcasting, from New York-based defense contractor L-3 Communications Holdings Inc.
SLATE CAPITAL GROUP ANNOUNCES WYTHE WILL DISTRIBUTING ACQUIRED GARVEY NUT & CANDY
(Baltimore, MD) – Slate Capital Group, a private equity investment group based in Baltimore that partners with lower-middle market companies, is pleased to announce that its portfolio company, Wythe Will Tzetzo, LLC, has recently acquired Garvey Nut & Candy.
SLATE CAPITAL GROUP ANNOUNCES WYTHE WILL DISTRIBUTING ACQUIRED TZETZO BROS. INC.
(Baltimore, MD) – Slate Capital Group, a private equity investment group based in Baltimore that partners with lower-middle market companies, is pleased to announce that its portfolio company, Wythe Will Distributing, has recently acquired Tzetzo Brothers Inc.
THE WALL STREET JOURNAL
With some help from backer Slate Capital Group, Wythe Will Distributing LLC wrapped up a deal for Tzetzo Bros. Inc., a provider of confectionery products. Wythe Will, a distributor of gourmet food and confections, merged with Tzetzo. The new company will operate under the name Wythe Will Tzetzo, and will be managed by a mix of executives from both businesses.
SLATE CAPITAL GROUP ANNOUNCES ACQUISITION OF WYTHE WILL DISTRIBUTING
(Baltimore, MD) – Slate Capital Group, a private equity investment group based in Baltimore that partners with lower-middle market companies, is pleased to announce that it has recently acquired Wythe Will Distributing, LLC from an affiliate of JPB Capital Partners.
SLATE CAPITAL GROUP ACQUIRES COASTAL BUSINESS MACHINES
(Baltimore, MD) – Slate Capital Group, a private equity firm based in Baltimore, Maryland, today announced that they have acquired Coastal Business Machines, Inc. (CBM) in an asset purchase. CBM, founded in 1988 and based in Randallstown, MD, is the world’s largest reconditioning and repair center for uninterruptible power supplies.