Senior investment bankers with broad operating and transaction experience lead each Bengur Bryan industry practice. This ensures that clients receive high quality strategic advice and predictable transaction execution.
Andalou NaturalsNovato, CA Sell-Side Advisory Services on the Sale of Andalou Naturals to BWX Brands USA, Inc., a subsidiary of BWX Limited (“BWX”)Oct 2017
Bengur Bryan advised Andalou Naturals (“Andalou” or the “Company”) in its sale to BWX Brands USA, Inc., a subsidiary of BWX Limited (“BWX”). Andalou represents the addition of a complementary brand to BWX’s existing brand portfolio, which includes Sukin and Mineral Fusion.
Andalou, based in Novato, CA, is the #1 selling facial skin care products brand in the natural channel*. In addition to skin care products, the Company has developed a full product offering inclusive of body care, hair care and Beauty 2 Go instant treatments, with customized scents and regimens within each product category. Andalou is a true leader in the industry as the first beauty brand to achieve Non-GMO Project Verified status. Please visit www.andalou.com to learn more about the Company’s products and good works.
Andalou was founded in 2010 by 30-year industry veterans, Stacey Kelly Egide and Mark Egide, with a goal of creating an empowerment brand with a mission to influence an industry to do better, while creating a sustainable source of revenue for social responsibility. The Egides’ prior brand experience includes Avalon Organics, Alba Botanica, Alba Hawaiian, Sonoma Soap Company, The San Francisco Soap Co. and Beauty Without Cruelty. Avalon Organics was started by the Egides in 1989 where they served as CEO and President, respectively, through the sale of the business to North Castle Partners. Bengur Bryan also represented the Egides and the selling shareholders on the sale of Avalon Organics in 2002.
“With Bengur Bryan it’s always been more than business. For Mark and me they’ve been a trusted partner for over 15 years, helping us to position our businesses and then take them to the next level when the timing is right. We are now excited and welcome the opportunity to join BWX, a growing leader in the global natural personal care market. The Bengur Bryan team has provided us with the continued market knowledge and M&A skills necessary to achieve our goals, most recently with Andalou Naturals and previously with Avalon Organics and Alba Botanica. Our core values of consumer advocacy, sustainability, and social responsibility align perfectly with the Bengur Bryan team, resulting in a successful and enduring relationship.”
– Stacey Kelly Egide (Co-CEO and Founder) and Mark Egide (Co-CEO and President) of Andalou Naturals
* Source: SPINS LLC, Brand Ranking Reports
Sequel Youth and Family ServicesRound Hill, VA Sell-Side Advisory Services on the Sale of Sequel to Altamont Capital PartnersSep 2017
Bengur Bryan advised Sequel Youth and Family Services, LLC (“Sequel”), a leading behavioral healthcare provider, on a majority equity investment from Altamont Capital Partners (“Altamont”), a private investment firm based in the San Francisco Bay Area with $2 billion of capital under management. Altamont focuses on investing in middle market businesses with leading management teams across a range of industries, including healthcare. Sequel’s decision to partner with Altamont was driven by Altamont’s experience and their ability to accelerate the growth of the company through both organic expansion in the underlying programs as well as the acquisition of new programs.
Bengur Bryan & Co., Inc. has had a relationship with the co-founder of Sequel Youth and Family Services since the mid-1990s and began providing advisory services to the Company in 2008, which through a number of transactions resulted in eight-fold growth for Sequel. Since that time, Bengur Bryan has assisted the Company in completing the following transactions:
- Three private placements of senior and subordinated debt, and preferred equity for growth;
- A private placement of senior debt and preferred equity to repurchase equity from a minority private equity partner;
- Buy-side business development management and completion of four acquisitions; and
- CHG Health Services, d/b/a Camelot System of Care, a provider of child and adolescent psychiatric residential treatment, juvenile justice residential treatment and community based services
- Three youth, juvenile justice residential treatment centers in Florida previously owned by Youth Services International
- Pomegranate Health Care Management Services, a psychiatric residential treatment and inpatient acute psychiatric services provider in Ohio
- Centers for Adolescent Recovery and Education d/b/a Care Schools, an operator of four residential treatment centers in Utah
- The majority recapitalization with Altamont in 2017.
Sequel was founded in 1999 with a single contract to manage Clarinda Academy, a residential treatment facility for at-risk youth based in Clarinda, Iowa. Over the years, the Company has expanded its service offering and geographic reach to 44 programs across 19 states, serving approximately 9,000 clients from 42 states and U.S. territories.
Accscient, LLCAtlanta, GA Private Placement of $20 Million of Preferred Equity SecuritiesJun 2017
Bengur Bryan & Co., Inc. served as placement agent in the private placement of $20 million of preferred equity securities and redeemable preferred securities to support the recapitalization and growth strategy of Accscient, LLC.
Based in Atlanta, Georgia, Accscient, a FutureTech Holding Company, was founded in 2005 with a goal of building a leading national provider of IT services. Accscient operates through three divisions (Norwin Technologies, Premier IT Solutions and Appridat) and provides IT consulting and IT staffing services on client projects including ERP planning/implementation, business intelligence, and infrastructure/data center management. Accscient services Fortune 1000 customers in a wide variety of industries with over 350 consultants and leverages offshore capabilities when appropriate.