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Carl Marks Securities Advises PowerTown Line Construction on Sale to Entregado Group, an AEA Investors Company

Investment Bank Sees Growing Trend in Outsourced Essential Services to Utilities NEW YORK, February 4, 2019 – Carl Marks Securities LLC, a mid-market investment bank focused on family and entrepreneurial businesses, announced today that it served as the financial advisor to PowerTown Line Construction, LLC in its sale to Entregado Group Inc., a portfolio company of AEA Investors. PowerTown is a growing, profitable entrepreneur driven company providing best-in-class outsourced services to the leading power and utility companies throughout the Southeast and along the Eastern Seaboard. Founded by CEO Steven Townsend in 2005, PowerTown…READ MORE >
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Stone-Goff Partners Announces Investment in Danforth Advisors

Partnership with Danforth Will Accelerate the Next Phase of Growth BOSTON, December 20, 2018 – Stone-Goff Partners (“SGP”) announced today that it has invested in Danforth Advisors, LLC (“Danforth”), a leading provider of outsourced finance, accounting, and strategic services to life science and healthcare companies. The investment will support the Company’s growth initiatives of expanding service offerings, building out the consultant team, geographic expansion into new life sciences clusters, and opportunistic acquisitions of complementary outsourced service providers in the life sciences industry. Founded in 2011, Danforth offers an integrated and scalable “one-stop shop”…READ MORE >
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Healthcare Services Companies Continue to Struggle With a Myriad of Challenges: Reimbursement, Staffing and Technology Implementation Top Of Mind, Carl Marks Advisors Survey Reveals

Post-M&A costs to integrate technology can put companies behind Reimbursement, cash flow hampered by need to upgrade tech NEW YORK, November 12, 2018 – Healthcare service providers are confronting significant challenges with reimbursement and payments, staffing shortages, and the cost and complexity of technology implementation as the industry heads into 2019, according to a new survey by investment bank Carl Marks Advisors. Reimbursements and payments were cited by 72 percent of respondents to the Carl Marks Advisors survey as the biggest challenge for middle market healthcare service company management teams. More than 61…READ MORE >
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Stone-Goff Partners Announces Investment in John Staurulakis, Inc. (“JSI”)

Partnership with JSI Will Accelerate Growth and New Initiatives NEW YORK, October 23, 2018 – Stone-Goff Partners (“SGP”) announced today that it has invested in John Staurulakis, Inc. (“JSI”). Founded in 1962 and headquartered in Greenbelt, Md., with two additional major offices in Minneapolis and Austin, JSI is the leading national provider of regulatory and compliance consulting services to more than 400 telecommunications providers in rural communities across the U.S. With more than 100 employees and decades of experience serving their market, JSI’s deep knowledge of the telecom industry and rural broadband markets…READ MORE >
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Carl Marks Advisors’ Webb And Killion Win Professional Achievement Awards

Carl Marks Advisors, a leading corporate restructuring and investment banking firm, is pleased to announce that Scott Webb, Senior Managing Director, and Jonathan Killion, Managing Director, have both won the M&A Advisor Emerging Leaders Award. Mr. Killion has also been recognized by the Commercial Finance Association (CFA) as a recipient of its annual 40 Under 40 Award. Mr. Webb brings more than 12 years of investment banking and financial restructuring experience, and has successfully closed more than 50 transactions across a wide range of industries including energy, healthcare, manufacturing and consumer products. He…READ MORE >