Recent News: Acquisitions, Mergers, Capital Placements, Turnaround, Growth.

Westlake Securities Advises Heath Consultants on the Divestiture of Norton Corrosion to Tanknology

Westlake Securities Advises Heath Consultants on the Divestiture of Norton Corrosion to Tanknology Westlake Securities, Austin’s leading middle market investment bank, is pleased to announce that it served as the exclusive financial advisor to Heath Consultants Incorporated (“Heath”) on the divesture of its subsidiary Norton Corrosion Limited, LLC (“Norton”) to Tanknology Inc., a portfolio company of Hamilton Robinson Capital Partners (“HRCP”). AUSTIN, Texas, September 13, 2022 /PRNewswire/ — Westlake Securities, Austin’s leading middle market investment bank, is pleased to announce that it served as the exclusive financial advisor to Heath Consultants Incorporated (“Heath”) on the divesture of its subsidiary Norton Corrosion Limited, LLC (“Norton”) to Tanknology Inc., a portfolio company of Hamilton Robinson Capital Partners (“HRCP”). Founded in 1959 and acquired by Heath in 2014, Norton is a Woodinville, Washington-based provider of corrosion inspection services, engineering

Read More »

PayrHealth Announces Supero Healthcare Solutions Acquisition

PayrHealth Announces Supero Healthcare Solutions Acquisition Westlake Securities was honored to serve as the sell-side advisor to Supero Healthcare Solutions on their strategic acquisition by PayrHealth, a portfolio company of Osceola Capital Management. AUSTIN, Texas, Sept. 1, 2022 /PRNewswire/ — PayrHealth today announced that it has acquired Supero Healthcare Solutions, an Austin, TX-based provider enrollment and credentialing company founded in 2009. This acquisition deepens PayrHealth’s credentialing offerings and strengthens its integrated, proactive approach to payor relationship management. Supero founder and CEO, Brian Agnew, said, “I am proud of the Company we have built. I can’t think of a better home for our employees and clients during this next chapter. PayrHealth is building a unique offering in the industry that will drive value.” Agnew will support the acquisition integration efforts serving in an advisory capacity. PayrHealth can now offer this proven credentialing solution with

Read More »

Westlake Securities Serves as Exclusive Financial Advisor to Crushing Tigers in Securing $20 Million in Financing and Growth Capital

Crushing Tigers, a southern U.S. market leader and authorized distributor of high-performance aggregate machinery and equipment, is pleased to announce securing bank financing from a Denver-based bank and growth capital from Congruent Investment Partners, LLC (“Congruent”). 

Central Texas’ most active middle market investment bank, Westlake Securities, served as the exclusive financial advisor.

Westlake Securities Advises Austin-based Fintech FirstClose — Secures $35 Million Investment

FirstClose, Inc., a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, has closed a $35 million investment from growth equity firm Lateral Investment Management to accelerate its product and growth strategies. FirstClose provides underwriting workflow automation technology, point-of-sale software, and data services for the U.S. home equity and mortgage markets. 

FirstClose will use the funds to expand its ever-growing financial services footprint to leverage property data intelligence, industry-leading partners, and groundbreaking technology to enable lenders to compete for and close consumer loans unlike any other solution in the industry.

Westlake Securities Advises GTI International on the Acquisition of Projeo Corporation

Westlake Securities served as the exclusive financial advisor to GTI International, Inc. (“GTII” or the “Company”) in the acquisition of Projeo Corporation, a professional services firm that develops geologic resources to store carbon in sub-surface wells across the U.S.

Based in Illinois, Projeo specializes in managing CO2 and gas storage, ground water resources, and geothermal projects. Projeo leverages decades of expertise in the energy industry to meet the unique needs of sequestering carbon from ethanol fermentation, ammonia production, and other industrial sources.

Westlake Securities Advises Nation Wide Products on the Acquisition of RV Air

Westlake Securities served as the exclusive financial advisor to Abilene, Texas-based Nation Wide Products (“Nation Wide”) in the asset acquisition of RV Air

RV Air brand filters are the only RV air conditioner filter replacements that capture dust, pollen, mold spores, pet dander, and other allergens. The company manufactures RV Air filters that feature 40 layers of unwoven polyester, each sprayed with an anti-microbial tackifier to capture particles as small as 3-10 microns (particles invisible to the naked eye), making it a great air filter for people with allergy issues and asthma. RV Air filters can be found at retailers across the United States (including Walmart and Camping World stores) and online at RVAir.com and Amazon.com.