News

ICG Represents Pee Dee Pathology Associates in its sale and Joint Venture with Labcorp
ICG Capital Partners is pleased to announce that they served as exclusive financial advisor to PDPA in the sale of their cytology division and joint venture. PDPA provides anatomic pathology laboratory services to hospitals and private practices in the Southeast.
ICG Represents Access Family Services in its sale to Community Intervention Services (A portfolio Company of HIG Growth Partners)
ICG Capital Partners is pleased to announce that they served as exclusive financial advisor to Access Family Services. AFS provides intensive in-home counseling, day treatment and other mental health services to children.
ICG Represents Banker Steel Company in its acquisition of Foote Steel
ICG Capital Partners is pleased to announce that they served as exclusive financial advisor to Banker Steel Company in its acquisition of Foote Steel in Orlando, FL. Banker Steel Company is a premier steel fabricator located in Lynchburg, VA.
ICG Represents SEACO, Inc in its sale to Associated Asphalt, a former ICG client and a current portfolio company of Goldman Sachs
ICG Capital Partners is pleased to announce they served as exclusive financial advisor to SEACO, Inc. in its sale to Associated Asphalt. SEACO, Inc. is the premier provider of asphalt emulsions in South Carolina and Georgia.
ICG Represents Hampton Art, LLC in its acquisition of KI Memories
ICG Capital Partners is pleased to announce the acquisition of KI Memories by Hampton Art. ICG Capital Partners served as the exclusive advisor to Hampton Art, a Washington, NC provider of rubber stamps and other craft accessories. KI Memories is a Dallas, TX based provider of paper crafting and other scrapbooking items.
ICG Represents Banker Steel Company in a strategic advisory assignment
ICG Capital Partners is pleased to announce that they served as exclusive financial advisor to Banker Steel Company and assisted in restructuring the company’s credit facility. Banker Steel Company is a premier steel fabricator located in Lynchburg, VA.
ICG Represents National Peening in its sale to Roberts Sinto Corporation
ICG Capital Partners is pleased to announce the sale of National Peening to Roberts Sinto Corporation. ICG Capital Partners served as the exclusive advisor to National Peening, a Statesville, NC provider of controlled shot peening services. National Peening provides controlled shot peening and related services to precision manufacturing companies located throughout the United States from its four plants which are located in Statesville, NC, Wilmington, NC, Roanoke, VA and Greenville, SC.
ICG Represents Systems Operation Success in a strategic advisory assignment
ICG Capital Partners is pleased to announce that they served as exclusive financial advisor to Systems Operation Success and assisted in restructuring the company’s credit facility. Systems Operation Success provides operational training and education to the utility industry.
ICG Represents Haz-Mat Environmental in a strategic advisory assignment
ICG Capital Partners is pleased to announce that they served as exclusive financial advisor to Haz-Mat Environmental and assisted in restructuring the company’s credit facility. Haz-Mat provides environmental cleanup for various customers throughout the Southeast.
ICG Represents Biopsy Diagnostics in its sale to Aurora Diagnostics
ICG Capital Partners is pleased to announce the sale of Biopsy Diagnostics to Aurora Diagnostics. ICG Capital Partners served as the exclusive advisor to Biopsy Diagnostics, a Hilton Head Island, SC anatomic pathology laboratory. The Company employs excellent technical and support personnel and fellowship-trained pathologists to provide rapid, accurate, state-of-the-art diagnosis of skin, gastrointestinal, urological, and other outpatient and inpatient biopsies and excisions, via customized verbal, written, and graphic reports. The Company offers a full range of diagnostic testing services on human tissue and cell-preparations, the results of which are used by the medical profession for patient diagnosis.
ICG Represents Han-Tek in its acquisition of PowerLab Control Technologies, LLC
ICG Capital Partners is pleased to announce the acquisition of PowerLab Control Technologies by Han-Tek . ICG Capital Partners served as the exclusive advisor to Han-Tek, a Victor, NY Material Handling Company. Power Lab Control Technologies is a Winston-Salem, NC based Industrial Systems Integrator with specialization in automation and controls for the Material Handling Industry.
ICG Represents Ames Walker International in its sale to Legs 4 Life( a subsidiary of the D.O. Allen Group)
ICG Capital Partners is pleased to announce the sale of Ames Walker International to Legs 4 Life. ICG Capital Partners served as the exclusive advisor to Ames Walker International, an Asheboro, NC medical consumer products firm that specialized in the distribution of venous insufficiency products including therapeutic compression hosiery, arm sleeves and other medical products.
ICG assists Baytree Associates in its sale to Sierra Atlantic
ICG Capital Partners is pleased to announce the sale of Baytree Associates to Sierra Atlantic. ICG Capital Partners served as the exclusive advisor to Baytree, a Charlotte, NC IT services Firm. Baytree provide project implementation and managed services to Fortune 500 clients in the healthcare, financial services, manufacturing and energy space.
ICG advises Thomas and King on the sale of certain assets to a Private Investment Group
ICG Capital Partners is pleased to announce that they served as exclusive financial advisor to Thomas and King on the sale of certain assets to a private investment group. This marks the 4th transaction over the last 18 months for the Company.
ICG Represents HBC Investments in its acquisition of WFT, Inc.
ICG Capital Partners is pleased to announce that HBC Investments has acquired WFT, Inc. ICG Capital Partners served as the exclusive advisor to HBC Investments. WFT, Inc is a specialty distributor of agricultural products.
ICG Represents NOVA in its acquisition of Vanguard Supreme Machine Company
ICG Capital Partners is pleased to announce that NOVA, along with two other partners has acquired Vanguard Supreme Machinery Company. ICG Capital Partners served as the exclusive advisor to NOVA, a Monroe, NC provider of specialized machinery.
ICG Represents Thomas and King in a strategic advisory assignment
ICG Capital Partners is pleased to announce that they served as exclusive financial advisor to Thomas and King and assisted in restructuring the company’s credit facility.
ICG Represents CXI, Inc in a strategic advisory assignment
ICG Capital Partners is pleased to announce that they served as exclusive financial advisor to CXI, Inc. in a strategic advisory assignment.CXI provides IT consulting Services to Fortune 1000 Companies.
ICG advises Thomas and King on the sale of certain assets to a Private Investment Group
ICG Capital Partners is pleased to announce that they served as exclusive financial advisor to Thomas and King on the sale of certain assets to a private investment group.
ICG Represents Thomas and King in a strategic advisory assignment
ICG Capital Partners is pleased to announce that they served as exclusive financial advisor to Thomas and King (the third largest franchisee of Applebees) in a strategic advisory assignment.
ICG Represents Intermont Group in its acquisition of an undisclosed company
ICG Capital Partners is pleased to announce that Intermont Group has acquired an undisclosed Company. ICG Capital Partners served as the exclusive advisor to Intermont Group, a Bristol, VA, a diversified provider of aggregate and related materials.
ICG Represents Metal Recycling Services, Inc in its sale to Nucor Corporation
ICG Capital Partners is pleased to announce the sale of Metal Recycling Services, Inc. ("MRS" or the "Company") to Nucor. ICG Capital Partners served as the exclusive advisor to MRS, a Monroe, NC recycler of ferrous and non-ferrous materials.
ICG Represents Insurance Cirrus Medical Staffing and Cirrus Holdings USA in its sale to Medtivia(a division of Anscor)
ICG Capital Partners is pleased to announce the sale of Cirrus Medical Staffing and Cirrus Holdings USA ("Cirrus" or the "Company") to Medtivia ("Medtivia"). ICG Capital Partners served as the exclusive advisor to Cirrus, a Charlotte, NC firm that specialized in the placement of traveling medical professionals.
ICG Represents Falcon Metal Corporation in its sale to Management
ICG Capital Partners is pleased to announce the sale of Falcon Metal Corporation ("Falcon" or the "Company") to Management. ICG Capital Partners served as the exclusive advisor to Falcon, a Charlotte, NC distributor of industrial Fasteners.
ICG Represents Caron International in its acquisition of Hampton Art, LLC
ICG Capital Partners is pleased to announce that it has advised Caron International in its acquisition of Hampton Art, LLC located in Medford, NY. ICG Capital Partners served as the exclusive advisor to Caron International, a Washington, NC firm manufacturer of specialized craft products.
ICG advises Management Team on purchase of Synergetic Design, Inc. in Association with Falfurrias Capital Partners
ICG Capital Partners is pleased to announce the purchase of Synergetic Design ("SDI" or the "Company") by the management team in association with Falfurrias Capital Partners. ICG Capital Partners served as the exclusive advisor to the management team. Synergetic Design Inc. is a privately held firm offering professional engineering and consulting to power utilities throughout the U.S. The firm’s services include power distribution, transmission and substation engineering and design, as well as technical consulting, emergency response, technical training and field services.
ICG Represents Insurance Claims Adjusters in its sale to Dogwood Equity
ICG Capital Partners is pleased to announce the sale of Insurance Claims Adjusters ("ICA" or the "Company") to Dogwood Equity ("Dogwood"). ICG Capital Partners served as the exclusive advisor to ICA, a Charlotte, NC provider of outsourced insurance claims adjusting and related services to the Property/Casualty Industry.
ICG Represents Caron International in its acquisition of Westex Corporation
ICG Capital Partners is pleased to announce that it has advised Caron International in its acquisition of Westex Corporation located in Union, NJ. ICG Capital Partners served as the exclusive advisor to Caron International, a Washington, NC firm manufacturer of specialized craft products.
ICG Represents Cirrus Medical Staffing, Inc. in its acquisition of AMS Healthcare
ICG Capital Partners is pleased to announce that it has advised Cirrus Medical Staffing in its acquisition of AMS Healthcare located in Omaha, Nebraska. ICG Capital Partners served as the exclusive advisor to Cirrus Medical Staffing, a Charlotte, North Carolina firm specializing the placement of traveling medical professionals.
ICG Represents HGI Healthcare, Inc. in Strategic Advisory Assignment
ICG Capital Partners is pleased to announce that it has advised HGI Healthcare in a strategic advisory assignment. ICG Capital Partners served as the exclusive advisor to HGI Healthcare, a Huntersville, North Carolina firm specializing in the placement of traveling medical professionals.
ICG Represents HGI Mortgage, Inc. in Strategic Advisory Assignment
ICG Capital Partners is pleased to announce that it has advised HGI Mortgage in a strategic advisory assignment. ICG Capital Partners served as the exclusive advisor to HGI Mortgage, a Huntersville, North Carolina firm specializing in providing specialized personnel to the financial services industry.
ICG Represents Preferred Packaging, Inc. in its sale to Hamilton Paper Box, a portfolio company of Florida Capital Partners
ICG Capital Partners is pleased to announce the sale of Preferred Packaging Inc. ("Preferred" or the "Company") to an affiliate of Florida Capital Partners ("FCP").  ICG Capital Partners served as the exclusive advisor to Preferred, a High Point, NC, manufacturer of point of purchase display packaging.
ICG Represents Ajax Rolled Ring & Machine in its sale to Dogwood Equity
ICG Capital Partners is pleased to announce the sale of Ajax Rolled Ring & Machine ("Ajax" or the "Company") to Dogwood Equity ("Dogwood").  ICG Capital Partners served as the exclusive advisor to Ajax, a York, SC producer of seamless rolled rings used for industrial bearings in heavy-duty off-road equipment, power generation and oil field applications.
ICG Represents Telecomm USA in its sale to Euronet Worldwide (NSDQ:EEFT)
ICG Capital Partners is pleased to announce the sale of Telecomm USA, Inc. ("Telecomm" or the "Company") to Euronet Worldwide, Inc. ("Euronet").  ICG Capital Partners served as the exclusive advisor to Telecomm USA, a provider of a patented and innovative money transfer and bill payment service.
ICG co-advises Gateway Academy on its sale to Mini-Skool, Inc.
ICG Capital Partners is pleased to announce the sale of Gateway Academy LLC. ("Gateway" or the "Company") to Mini-Skool, a Mississauga, Ontario based provider of Early Education services.  ICG Capital Partners served as co advisor to Gateway Academy, a southeast based provider of early education services with over 20 locations nationwide.
ICG Represents Service Express in its Sale to National Product Services, a portfolio company of H.I.G Capital
ICG Capital Partners is pleased to announce the sale of Service Express, Inc. ("Service Express" or the "Company") to National Product Services, Inc. a portfolio company of H.I.G. Capital. ("H.I.G.").  ICG Capital Partners served as the exclusive advisor to Service Express, an insourced merchandising company focused on the retail home improvement industry.
ICG Represents J.E. Pope in its sale to Patterson Business Systems
ICG Capital Partners is pleased to announce the sale of J.E. Pope, Inc. ("Pope" or the "Company") to Patterson Business Systems ("Patterson"), a records management company with facilities in the Southeast.  ICG Capital Partners served as the exclusive advisor to Pope, a diversified provider of record management solutions.
ICG co-advises I-Bridge on its sale to Inflow, Inc.
ICG Capital Partners is pleased to announce the sale of I-Bridge, LLC. ("I-Bridge" or the "Company") to Inflow, Inc.  ICG Capital Partners served as co-advisor to I-Bridge, a provider of IT outsourced solutions to Fortune 1000 companies.
ICG represents Turkington Industries in its acquisition of APV Baker, a division of Invensys, PLC
ICG Capital Partners is pleased to announce the acquisition of APV Baker, Inc. ("APV" or the "Company") by Turkington Industries, Ltd.. ("Turkington").  ICG Capital Partners served as the exclusive advisor to Turkington Industries, a Burnley, England manufacturer of specialty bakery equipment. ICG served as the financing arranger for the $12,500,000 in financing required to consummate the transaction.
ICG represents Associated Asphalt in its recapitalization and sale to Thayer Capital Investors
ICG Capital Partners is pleased to announce the sale and recapitalization of Associated Asphalt, Inc. ("Associated" or the "Company") to Thayer Capital Investors ("Thayer").  ICG Capital Partners served as the exclusive advisor to Associated Asphalt, a Roanoke, VA. based specialty distributor of liquid asphalt.
ICG represents Millennium Resources in its recapitalization and sale to Wakefield Group, L.P.
ICG Capital Partners is pleased to announce the sale and recapitalization of Millennium Resources, Inc. ("Millennium" or the "Company") to Wakefield Group ("Wakefield").  ICG Capital Partners served as the exclusive advisor to Millennium Resources, a Charlotte, NC based diversified provider of productivity enhancement services.
ICG represents Learning Services in restructuring its credit facility with Riverdeep Interactive Learning
ICG Capital Partners is pleased to announce the restructuring of Learning Services ("LS" or "Company") credit facility with Riverdeep Interactive Learning. ("Riverdeep").  ICG Capital Partners served as the exclusive advisor to Learning Services, a Portland, OR diversified provider of education products to the K-12 marketplace.
ICG Represents TeamVest Retirement Plan Services in its sale to The Newport Group, L.L.C.
ICG Capital Partners is pleased to announce the sale of TeamVest Retirement Plan Services ("TeamVest" or the "Company") to The Newport Group, L.L.C.  ICG Capital Partners served as the exclusive advisor to TeamVest, a provider of 401(k) plan and related retirement services.
ICG represents Education Computer Services in its acquisition of Learning Services
ICG Capital Partners is pleased to announce the acquisition of Learning Services, Inc. ("LS" or the "Company") by Education Computer Services. ("ECS").  ICG Capital Partners served as the exclusive advisor to ECS, a Charlotte, NC provider of education products.
ICG Represents Ambassador Personnel Services in its sale to Workforce Personnel
ICG Capital Partners is pleased to announce the sale of Ambassador Personnel Services ("Ambassador" or the "Company") to Workforce Personnel.  ICG Capital Partners served as the exclusive advisor to Ambassador, a provider of light industrial and clerical staffing services.
ICG Represents Unicon Pavestone in its sale to Metromont Materials
ICG Capital Partners is pleased to announce the sale of Unicon Pavestone, a division of Unicon ("Unicon" or the "Company") to Metromont Materials.  ICG Capital Partners served as the exclusive advisor to Unicon Pavestone, a provider of pavestones to the wholesale aggregates marketplace.
ICG represents management in its acquisition of Perma-Flex, a division of J.M. Voith AG
ICG Capital Partners is pleased to announce the acquisition of Perma-Flex, Inc. ("PF" or the "Company") by Management. ICG Capital Partners served as the exclusive advisor to management in its buyout of Perma-Flex, a Salisbury, NC manufacturer and refurbisher of rolls and roll coverings to the pulp, paper and plastic industries.  ICG also raised the capital needed to consummate the transaction.
ICG Represents Unicon's Brick and Block Divisions in its sale to CRH
ICG Capital Partners is pleased to announce the sale of Unicon's Brick and Block Division ("Unicon" or the "Company") to CRH, P.L.C.  ICG Capital Partners served as the exclusive advisor to Unicon Brick and Block, a provider of brick and block to the wholesale aggregates marketplace.