Association for Corporate Growth Houston Announces Winners at Fifth Annual Deal of the Year Awards

The Association for Corporate Growth (ACG) Houston proudly announced the Deal of the Year winners at the fifth annual awards ceremony on Tuesday, April 19 at River Oaks Country Club. ACG Houston's event celebrated Houston's booming middle-market deal community, honoring the deals and dealmakers who drive middle market growth and their success in generating job growth, capital formation and the advancement of meaningful business relationships in the Houston community. 

The finalists and winners were selected by an independent panel of esteemed judges and top business leaders including Eric Bruce, CPA, Manager at Crowe, LLP, Ernest Hunter, CEO of The Frenchy’s Companies, Michelle Suarez, Partner at Holland & Knight, Jennifer Whalen, CFO of The Bristow Group Inc, Ken Wiles, PhD, CFA, Executive Director of Hick, Muse, Tate & Furst Center for Private Equity Finance, and A. Kelly Williams, Managing Director at Milestone Venture Group, Inc.

“It's great to be back in-person to recognize the top business leaders in Houston at our fifth annual awards ceremony,” said Carlos Elizondo, event chair and head of originations at PNC Business Credit. “The COVID-19 pandemic no doubt contributed to the complexity of the transactions submitted this year and we’re excited to recognize the perseverance represented by the Houston deal community.”

The criteria for the nominations includes a closing date between January 1, 2021 and December 31, 2021, where the company being transacted, or strategic buyer, is based in the Greater Houston area. The nomination criteria included details such as transaction value range, industry focus and type of transaction as well as anecdotal commentary on what makes the deal unique. Judges evaluated deals based on the parties’ submissions as well as the overall story, economic and strategic impact, stakeholder value and professional expertise.

The 2021 ACG Houston Deals of Year Award Winners include: For a full list of finalists and companies, click here >>

INDUSTRIAL SERVICES DEAL OF THE YEAR

The Acquisition of Power Plumbing by Peltram Plumbing Holdings

• Seller: Power Plumbing
• Buyer: Peltram Plumbing Holdings, Precision Plumbing, Crescendo Capital Partners
• Seller Investment Bank: GulfStar Group
• Seller Attorney: Law Office of Bill Green, BoyarMiller
• Buyer Attorney: Morrison Cohen LP
• Buyer Accountant: Intrinsic
• Insurance: Lockton Companies 

OILFIELD SERVICES DEAL OF THE YEAR

The Acquisition of Alamo Pressure Pumping by NexTier Oilfield Solutions 

• Seller: Alamo Pressure Pumping
• Buyer: NexTier Oilfield Solutions
• Buyer Investment Bank: Piper Sandler Energy & Power
• Seller Attorney: Kirkland & Ellis LLP
• Buyer Attorney: King & Spalding LLP
• Consultant: Accenture

TECHNOLOGY DEAL OF THE YEAR

The Acquisition of Menufy by HungerRush

• Seller: Menufy
• Buyer: HungerRush, The CapStreet Group
• Seller Investment Bank: AGC Partners
• Lender: Fortress Investment Group
• Seller Attorney: Polsinelli
• Buyer Attorney: Willkie Farr & Gallagher LLP
• Seller Accountant: SCA Transaction Services

UTILITY, POWER & INFRASTRUCTURE DEAL OF THE YEAR

The Acquisition of Front Line Power Construction LLC by Orbital Energy Group, Inc.

• Seller: Front Line Power Construction LLC
• Buyer: Orbital Energy Group, Inc.
• Seller Investment Bank: Romanchuk & Co
• Buyer Investment Bank: Piper Sandler & Co
• Lender: Irradiant Partners, Angelo Gordon, Barings
• Seller Attorney: BoyarMiller
• Buyer Attorney: Johnson, Pope, Bokor, Ruppel & Burns, LLP, Davis Polk

ENERGY & PETROCHEMICAL DEAL OF THE YEAR

The Acquisition of Prairie Catalytic Chemical Manufacturing Assets by Viridis Chemical, a portfolio company of EIV Capital

• Seller: Prairie Catalytic, LLC
• Buyer: Viridis Chemical, LLC
• Private Equity: EIV Capital

GENERAL BUSINESS SERVICES DEAL OF THE YEAR

The Acquisition of Ekstrom Aquaculture by Bowers & Saha Aquaculture

• Seller: Ekstrom Aquaculture, LLC
• Buyer: Saha Aquaculture
• Seller Investment Bank: Statesman Business Advisor
• Lender: Capital Farm Credit
• Seller Attorney: Duckett, Bouligny & Collins, LLP
• Seller Accountant: Briggs & Veselka Co.

MANUFACTURING & INDUSTRIALS DEAL OF THE YEAR

The Acquisition of McDaniel Metals by Transition Capital Partners

• Seller: McDaniel Metals
• Buyer: Transition Capital Partners
• Seller Investment Bank: GulfStar Group
• Seller Attorney: Ewing & Jones
• Buyer Attorney: Winston Strawn
• Seller Accountant: Snell Levin & Co, LLP, Moss Adams
• Buyer Insurance: Arthur J. Gallagher & Co.
• Lender: Plexus Capital

HEALTH & WELLNESS DEAL OF THE YEAR

The Acquisition of The Healthy Lunch Box by Riveter Capital

• Seller: The Healthy Lunch Box
• Buyer: Riveter Capital
• Seller Investment Bank: Statesman Corporate Finance, LLC
• Lender: SharpVue Capital Credit Fund II LP
• Seller Attorney: Spence, Desenberg & Lee, PLLC
• Buyer Attorney: DLA Piper LLP
• Seller Accountant: Finch CPA Firm PLLC     

HOUSTON IMPACT DEAL OF THE YEAR

The Acquisition of Front Line Power Construction LLC by Orbital Energy Group, Inc.

• Seller: Front Line Power Construction LLC
• Buyer: Orbital Energy Group, Inc.
• Seller Investment Bank: Romanchuk & Co
• Buyer Investment Bank: Piper Sandler & Co
• Lender: Irradiant Partners, Angelo Gordon, Barings
• Seller Attorney: BoyarMiller
• Buyer Attorney: Johnson, Pope, Bokor, Ruppel & Burns, LLP, Davis Polk

INTERNATIONAL DEAL OF THE YEAR

The Acquisition of Vryhof by Delmar Systems

• Seller: Vryhof Anchors B.V.
• Buyer: Delmar Systems
• Buyer Investment Bank: Piper Sandler
• Seller Attorney: Schjodt
• Buyer Attorney: Boyar Miller, Reed Smith, Kluge, Burness Paul LLP, Tottle Partners, Rassers Advocaten and Meijburg Legal, Stephenson Harwood LLP, Törngren Magnell & Partners Advokatfirma KB

DIVERSITY, EQUITY & INCLUSION DEAL OF THE YEAR

The Acquisition of The Healthy Lunch Box by Riveter Capital

• Seller: The Healthy Lunch Box
• Buyer: Riveter Capital
• Seller Investment Bank: Statesman Corporate Finance, LLC
• Lender: SharpVue Capital Credit Fund II LP
• Seller Attorney: Spence, Desenberg & Lee, PLLC
• Buyer Attorney: DLA Piper LLP
• Seller Accountant: Finch CPA Firm PLLC  

2021-2022 DEAL OF THE YEAR

The Acquisition of Camp Construction Services to Sterling Investment Partners

• Seller: Camp Construction Services
• Buyer: Sterling Investment Partners
• Seller Investment Bank: Crutchfield Capital
• Lender: HIG Whitehorse Capital
• Seller Attorney: Porter Hedges LLP
• Buyer Attorney: Dechert LLP
• Seller Accountant: Briggs & Veselka
• Buyer Accountant: Alvarez & Marsal
   

About ACG 

ACG Houston is the region’s premier association focused on middle market corporate growth. Our goal is to help business professionals in the M&A community do more business with the right partners. ACG Houston hosts a variety of events throughout the year to provide our local business leaders an opportunity to gain visibility and connect with people and ideas to strategically grow companies. To learn more or become a member visit www.acg.org/houston.