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Newbury Award

- 1/6/2010
Boston investment banking firm Newbury Piret & Co., was awarded the "Retail Manufacturing/Distribution Deal of the Year" for The Merger of Boston Rack and Base Manufacturing to form Elite Storage Solutions at the 8th Annual M&A Awards Gala at the New York Athletic Club. The event was hosted by FOX Business News anchor Dagen McDowell. Newbury Piret was also nominated in the "Industrial Manufacturing/Distribution Deal of the Year" category, and the "Lower Middle-Market Deal of the Year" category.

"The merger of Boston Rack and Base Manufacturing is an example of creating a transaction in a difficult M&A environment that benefits both parties and creates a pre-eminent company in a consolidating industry" said Hugh Taylor, Managing Director of Newbury Piret & Co. "Creating value through non- traditional transactions is something that is still possible despite difficult economic circumstances."

Read the full story at boston.citybizlist.com.

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Posted by bill hawthorne from bill@jwhconsulting.com on January 7, 2010, 11:03 am PST

May I ask if this is the same company Jim Grant, from Atlanta works for?

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