Westlake News - Westlake Securities

Recent News: Acquisitions, Mergers, Capital Placements, Turnaround, Growth and Westlake Updates

Westlake Welcomes Ryan Moore to Lead Creative for CMO Services Team

May 17, 2023

Westlake Welcomes Ryan Moore to Lead Westlake’s CMO Creative Services Westlake Securities is excited to announce Ryan Moore has joined our growing CMO Services Team as Vice President + Creative Lead. Ryan is an award-winning creative leader with 25 years of agency experience, delivering intrusive, compelling, and effective work that brings out the very best in every brand he has had the opportunity to work with. Throughout that time, he has built brands, campaigns, programs, teams, departments, offices, and disciplines all from the ground up. He has worked in virtually every marketing discipline, including advertising, branding, digital, social, experiential, events, shopper, promotions, and direct response. He also has experience working across many industries with brands large and small including Gatorade, Clorox, Visa, AT&T, Dollar General, Ford Motor Company, Takis, Thomas’ Breakfast, USPS, Mike’s Hard Lemonade, Taco

Westlake Secures $8.5 million of Financing for an Austin-based Software Company

May 17, 2023

Westlake was honored to serve as the exclusive financial advisor in securing $8.5 million in financing for an Austin-based software company. We are pleased to share the news of another successful closing. We are honored to have served as the exclusive financial advisor in securing $8.5 million of financing for an Austin-based software company. Thank you to everyone who contributed to making this a successful deal. At Westlake our priority is to always ensure that deals are structured in a way that meets the unique needs of the companies we’re working with. Our deep expertise in debt financing, capital raising, M&A, and other financing needs, combined with our commitment to delivering tailored solutions to our clients, enable us to achieve outcomes that all parties involved are pleased with. Please reach out if you would like to

Westlake Welcomes Brandon McNally to CFO Services Team

April 22, 2023

Westlake Securities is happy to announce Brandon McNally has joined our growing CFO Services Team as a Managing Director. Brandon has a passion for building and providing value creation solutions for businesses and sponsors through operational expertise in enabling partnership between investors and portfolio executive teams, leveraging proven business operating models, creating managerial bandwidth, developing leadership teams, and instilling best leadership and business practices within enterprise foundations. With nearly 15 years of experience in the field as a board member and advisor, chief executive, and operating partner, he has become a respected figure in the industry and a trusted advisor to his colleagues and clients. His efforts will help serve our clients with projects like operational transformation, financial clean-ups, value creation realization, creating and deploying strategic and tactical operating plans for enterprises, identifying organizational resource infrastructure gaps,

WESTLAKE SECURITIES ADVISES VIKING FENCE ON ITS ACQUISITION BY CROSSPLANE CAPITAL

April 22, 2023

WESTLAKE SECURITIES ADVISES VIKING FENCE ON ITS ACQUISITION BY CROSSPLANE CAPITAL AUSTIN, Texas, Feb. 15, 2023 /PRNewswire/ — Westlake Securities, Austin’s leading middle market investment bank, is pleased to announce its role as exclusive financial advisor to Texas’ iconic Viking Fence (“Viking” or the “Company”) on the sale of the company to Dallas-based private equity firm, Crossplane Capital (“Crossplane”). Located in the heart of Texas, Viking Fence has been serving the fencing needs of Central Texas and beyond since 1972. The company has established a reputation for providing high-quality fencing that is supported by expert installation. Sal Chavarria took over Viking in 2006, and during the ensuing 16 years, he has overseen the company’s expansion into the Dallas-Fort Worth and Houston metropolitan areas. Since 2014, Viking has made substantial investments in each of its core regions

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

January 13, 2023

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

PayrHealth Announces Supero Healthcare Solutions Acquisition

January 5, 2023

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

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.