Consumer Products & Services

Jun 2016 Halo2Cloud LLC

Halo2Cloud LLC

Glastonbury, Connecticut

Bengur Bryan was engaged as Halo’s advisor to identify and provide working capital financing in support of a substantial purchase order. The financing provided support for an international based company that was engaged with international vendors.

Halo2Cloud LLC is a rising consumer based electronic device company that is committed to offering products at the nexus of fashion and function, with an emphasis on both aesthetics and simplicity. Halo offers its customers unique and high quality merchandise at affordable price points. Halo is featured often on QVC and is recognized for exciting and creative products. The Company has created numerous products that are highly acclaimed and have achieved record sales levels within QVC.

 

Advisory Services to Identify and Provide Working Capital Financing in Support of a Substantial Purchase Order
Jun 2016 Integrus Holdings, Inc.

Integrus Holdings, Inc.

Sterling, Virginia

Bengur Bryan & Co., Inc. advised Integrus on arranging a $32 million senior debt facility and a subordinated debt issuance of $3 million in order to refinance the Company’s existing senior and subordinated debt to support future corporate development initiatives.

Integrus is an integrated designer, developer and marketer of quality tableware and related merchandise across multiple channels domestically and internationally. The company has developed its own world renowned brand name products, as well those of third party brands, that have penetrated the commercial foodservice, the consumer products, and special event markets. Integrus has market penetration that includes over 70% of all the four and five star hotels in North America as well as leading retailers.

 

Advisory Services
Jul 2015 PointEast, Ltd.

PointEast, Ltd.

Hong Kong

Bengur Bryan & Co., Inc. acted as a financial advisor in Tau Capital Group’s investment in PointEast, Ltd.

PointEast is a production management and custom design company that services the collectible and theme park industries, including Disney and Universal Studios and other marketing channels located primarily in the U.S.

Financial Advisory Services
Dec 2014 PF Growth Partners, LLC

PF Growth Partners, LLC

Bengur Bryan & Co., Inc. arranged a $58.75M senior debt facility for PF Growth Partners, LLC which was provided by a syndicate of lenders, including GE Capital, Bank of Montreal and Wintrust. In addition, Bengur Bryan raised $35M of preferred equity from Alaris Royalty. The proceeds of the transaction will be used to fund new club growth and a distribution to shareholders.

PF Growth Partners, LLC is a top Planet Fitness franchisee based in Maryland with locations in Tennessee and Florida.

Financial Advisory Services in the Arrangement of a Senior Debt Facility, Which Was Provided by a Syndicate of Lenders
Feb 2014 J.J. Haines & Co., Inc.

J.J. Haines & Co., Inc.

Glen Burnie, MD

Bengur Bryan acted as financial advisor to the Board of Directors of Haines in its strategic acquisition of CMH Space Flooring Products, Inc. (“CMH”).

Haines is the largest floor covering distribution company in the country, providing commercial and residential flooring products and installation, maintenance and adhesives products. Haines’ operations cover the Mid-Atlantic and Southeast U.S. CMH represents a complementary opportunity for Haines as a distributor of flooring products throughout the southeastern U.S.

Buy-Side Advisory Services in the Acquisition of CMH Space Flooring Products, Inc.
Feb 2014 PJPA, LLC

PJPA, LLC

Pennsylvania

PJPA, LLC was founded and financed by Bengur Bryan in 1999. Through development and acquisitions, PJPA, LLC became one of the largest U.S. franchisees of Papa John’s International, Inc. with stores in Pennsylvania, Delaware and New Jersey.

Bengur Bryan advised PJPA, LLC in the sale of all of its Pennsylvania stores to Bajco Philadelphia, LLC. Following the transaction, PJPA, LLC continues to own and operate 25 Papa John’s stores in Delaware and New Jersey.

Sell-Side Advisory Services in the Sale of PA stores to Bajco Philadelphia, LLC
Sep 2010 Cuisine Solutions Inc.

Cuisine Solutions Inc.

Alexandria, VA

Bengur Bryan acted as financial advisor to the Special Committee of the Board of Directors of Cuisine Solutions, Inc. in the private placement of $8,000,000 of Convertible Subordinated Notes with certain Affiliates of the Company. Cuisine Solutions produces and markets fully cooked, frozen, and prepared foods to foodservice, on board services, retail, military, and national restaurant chain businesses in the United States and Europe.

Cuisine Solutions, Inc. is a producer and marketer of premium, fully-cooked, frozen and prepared foods to a variety of channels and geographic regions. The Company believes that it is recognized in the market place as having the highest quality frozen food product line in the world. Cuisine is a pioneer in the process called “sous-vide” which means “under vacuum” in French. Sous-vide is a unique and gentle method of cooking which allows the cellular structure of food to remain intact while also pasteurizing the product. The food’s natural moisture and juices are retained, preserving its flavor, aroma, and nutrients.

The Company has manufacturing sites in Alexandria, VA, Louviers and Le Pertre, France and a minority interest in a facility in Puerto Montt, Chile that produces Atlantic salmon, whitefish and shellfish.

Advisory Services and Private Placement of $8 Million of Convertible Subordinated Notes
Sep 2009 Cuisine Solutions Inc.

Cuisine Solutions Inc.

Alexandria, VA

Bengur Bryan provided a fairness opinion to the Special Committee of the Board of Directors in the Company’s going private transaction.

Cuisine Solutions, Inc. is a producer and marketer of premium, fully-cooked, frozen and prepared foods to a variety of channels and geographic regions. The Company believes that it is recognized in the market place as having the highest quality frozen food product line in the world. Cuisine is a pioneer in the process called “sous-vide” which means “under vacuum” in French. Sous-vide is a unique and gentle method of cooking which allows the cellular structure of food to remain intact while also pasteurizing the product. The food’s natural moisture and juices are retained, preserving its flavor, aroma, and nutrients.

The Company has manufacturing sites in Alexandria, VA, Louviers and Le Pertre, France and a minority interest in a facility in Puerto Montt, Chile that produces Atlantic salmon, whitefish and shellfish.

Financial Advisory: Fairness Opinion
Aug 2009 Aprimo, Inc.

Aprimo, Inc.

Indianapolis, IN

Bengur Bryan provided valuation services to Aprimo, Inc.

Aprimo is a leading provider of Enterprise Marketing Management (EMM) software to marketing organizations around the world. Aprimo’s software offering utilizes service oriented architecture (SOA) to achieve its core functionality of providing fluid marketing management through automating business processes. The core vision of Aprimo, since its 1998 inception, has been to increase the effectiveness of each marketing professional within its customer organizations. Aprimo has created a product suite that creates accountability for investments, differentiates against customers, and promotes alignment across the marketing value chain.

Valuation Services
Nov 2008 PJPA, LLC (Papa John’s Pizza Franchisee)

PJPA, LLC (Papa John’s Pizza Franchisee)

Pennsylvania

PJPA is a Papa John’s Pizza franchisee serving Pennsylvania, Delaware and New Jersey. Bengur Bryan acted as financial advisor to and arranged the financing for PJPA in its acquisition of 37 Papa John’s locations in the Philadelphia market.

Papa John’s International is the third largest pizza company in America. As of December 28, 2008, Papa John’s had 3,380 restaurants (615 company- owned and 2,765 franchised) operating in 50 states, District of Columbia, Puerto Rico, and 29 international markets. Papa John’s is the recognized quality leader among national pizza companies and today remains committed to its heritage of making a superior-quality, traditional pizza.

Buy-Side Advisory Services in the Acquisition of 37 Papa John's Locations
Oct 2008 Carchex

Carchex

Hunt Valley, Maryland

Bengur Bryan provided financial advisory services to Carchex of Maryland, Inc.

Headquartered in Hunt Valley, MD, Carchex is the trusted online resource for extended service protection and national mobile vehicle inspection. An innovator in pre-purchase vehicle inspection programs, CARCHEX provides consumers with the information and tools they need to purchase or protect their vehicles and gain peace of mind. The company’s commitment to protecting automotive consumers translates into an intuitive process for comparing extended vehicle protection.

Financial Advisory
Mar 2008 The James Myers Company, Inc.

The James Myers Company, Inc.

Beltsville, MD

Bengur Bryan provided financial advisory services to The James Myers Company, Inc. The James Myers Company, Inc. is a closely held specialty roofing contractor engaged primarily in roofing installation and repair/maintenance for the commercial building industry. Founded in 1978 by James and Ellen Myers, the Company is headquartered in Beltsville, Maryland.

Financial Advisory
Oct 2006 GWW Associates, LLC

GWW Associates, LLC

Hunt Valley, MD

Bengur Bryan & Co., Inc. provided the management of GWW Associates, LLC financial advisory services in connection with GWW’s purchase of Preferred Membership Interests in Flagship Atlantic Dairy, LLC.

Kennilworth Holdings, Inc. (“Kennilworth”) is a merchant banking firm that sponsored the formation of Flagship Atlanta Dairy, LLC. As part of their business and involvement in the formation of the entity, Kennilworth formed GWW Associates, LLC and North Park Associates, LLC to invest in the newly formed Flagship Atlanta Dairy, LLC (“Flagship”).

Flagship Atlanta Dairy, LLC was formed to create a major regional fluid milk processor in the Southeastern region of the United States through a combination of acquisitions and internal growth. The first milk processing operation acquired by Flagship was the New Atlanta Dairies Division (“NAD”) of Farmland Dairies, LLC located in Atlanta, Georgia. Farmland Dairies was the surviving entity from the bankruptcy re-organization of Parmalat USA.

Buy Side Advisory Services in the Purchase of Preferred Membership Interests in Flagship Atlantic Dairy, LLC
Sep 2006 Vanns Spices, Ltd.

Vanns Spices, Ltd.

Baltimore, MD

Bengur Bryan & Co., Inc. provided financial advisory services to Vanns Spices, Ltd.

Vanns Spices, Ltd. manufactures over 350 different high quality herbs and spices. Products are sold through foodservices distributors, specialty retailers, supermarkets, restaurants, and other channels. In addition to its own brand, Vanns supplies many of its customers with private label spice products. The Company also helps develop top flight seasoning recipes for a wide variety of mustards, barbecue sauces, condiments, salad dressings, marinades and rubs.

Financial Advisory
Jul 2006 American Mechanical Systems (AMS)

American Mechanical Systems (AMS)

Laurel, MD

Bengur Bryan & Co., Inc. advised the management of American Mechanical Services (AMS) in the buyout from its parent company, the ServiceMaster Company (NSYE: SVM).

AMS is a leading nationwide provider of heating, ventilation and air conditioning (HVAC) installation, repairs, sales and services to commercial, industrial, institutional and governmental property owners and managers. Through its 13 locations throughout the U.S., AMS forms strategic partnerships with its customers to assist them with the long term management of the HVAC systems in their facilities.

ServiceMaster is a $3 billion provider of residential and commercial services including lawn care and landscape maintenance, termite and pest control, home warranties, disaster response and restoration, and house cleaning. ServiceMaster brands include TruGreen ChemLawn, Terminix, American Home Shield and Merry Maids.

For a press release announcing the transaction please go to the Press Room on the ServiceMaster web site.

Financial Advisory Services in the Buyout from the ServiceMaster Company
Jul 2006 Educational Testing Service

Educational Testing Service

Princeton, New Jersey

Bengur Bryan & Co., Inc. advised Educational Testing Service (ETS), the world’s premier educational assessment and research organization, in the acquisition of Assessment Training Institute, Inc. (ATI).

ETS is the world’s largest private, nonprofit educational testing and measurement organization and a leader in education research. ETS’s 2,500 employees produce and administer nearly 20 million tests annually in over 180 countries. ETS serves individuals, educational institutions and government agencies around the world.

ATI is a professional development services company that provides administrators and teachers with competencies related to in-class assessment. Its approach, known as Assessment FOR learning, turns the classroom assessment process and its results into an instructional intervention designed to increase student learning.

Buy Side Advisory Services in the Acquisition of Assessment Training Institute, Inc.
Apr 2006 LD Philly, LLP

LD Philly, LLP

Philadelphia, PA

Bengur Bryan & Co., Inc. privately placed limited liability limited partnership interests to fund the start-up and growth of this Philadelphia-based franchisee of Let’s Dish! International, Inc.

Let’s Dish! International, Inc. is an innovative store-based, home meal replacement concept where you can make eight or 12 family-friendly dishes in a fun and friendly environment. Or, the Let’s Dish! staff will prepare your dishes for you—you just pick them out and pick them up. The dishes are designed to be taken home, frozen and cooked when you need them. Let’s Dish! does the menu planning, grocery shopping, prep work and clean up, so consumers can avoid the headache, the hassle and the mess.

Private Placement of Limited Liability Limited Partnership Interests to Fund the Start-Up and Growth of a Let's Dish Franchisee
Jan 2006 PJPA, LLC

PJPA, LLC

Pennsylvania

PJPA is a Papa John’s Pizza franchisee serving Central and Eastern Pennsylvania. Bengur Bryan acted as financial advisor to PJPA in its acquisition of substantially all of the assets of PJ-Wil, LLC, the Papa John’s franchisee for the state of Delaware.

Papa John’s International is the third largest pizza company in America. As of December 31, 2004, Papa John’s had 2,829 restaurants (569 company-owned and 2,260 franchised) operating in 49 states and 10 international markets. Papa John’s also owns or operates an additional franchised 118 Perfect Pizza restaurants in the United Kingdom. Papa John’s is the recognized quality leader among national pizza companies and today remains committed to its heritage of making a superior-quality, traditional pizza.

Buy Side Advisory Services in the Acquisition of 10 Delaware Stores
Nov 2005 Red, Hot & Blue Restaurants

Red, Hot & Blue Restaurants

Baltimore, MD

Bengur Bryan & Co., Inc. provided financial advisory services to Red, Hot & Blue Restaurants, Inc. in the repurchase of a portion of its outstanding Preferred Stock.

Red Hot & Blue Restaurants, Inc. operates and franchises casual dining restaurants that serve Memphis-style barbeque including “wet” and “dry” ribs, chicken, “pulled” pork shoulder, and beef brisket. The restaurants feature recorded rhythm and blues music and music memorabilia in a casual dining environment. The restaurants also offer carry-out and catering services.

Buy Side Advisory Services in the Repurchase of a Portion of Its Outstanding Preferred Stock
May 2005 WaterMark Paddlesports, Inc.

WaterMark Paddlesports, Inc.

Easely, South Carolina

Bengur Bryan & Co., Inc. advised WaterMark Paddlesports, Inc. in the sale of its watersports division to Confluence Watersports Company. WaterMark is a portfolio company of Arcapita, a $4 billion Atlanta-based private equity firm. Bengur Bryan advised WaterMark on its financial and strategic alternatives relating to its watersports division and subsequently initiated and negotiated the transaction.

WaterMark is the second largest manufacturer and marketer of kayaks and paddlesports equipment in the world. WaterMark’s watersports division includes Dagger touring and whitewater kayaks, Perception touring and whitewater kayaks, Mainstream recreational kayaks, Islander sit-on-tops, Harmony paddlesports accessories, and AT Paddles.

Confluence Watersports Company, located in Trinity, North Carolina, is the third largest manufacturer and marketer of kayaks and paddlesports equipment in the world. Confluence is the parent company for Wilderness Systems touring kayaks, Wave Sport whitewater kayaks, Mad River Canoe, Velocity paddles, and Voyageur water sports accessories.

Confluence is a portfolio company of American Capital Strategies, Inc. (NASDAQ: ACAS), a publicly traded buyout and mezzanine fund, with capital resources of approximately $5 billion.

Sell Side Advisory Services in the Sale to Confluence Watersports Company
Jan 2005 Avalon Natural Products

Avalon Natural Products

Petaluma, CA

Bengur Bryan & Co., Inc. advised certain shareholders of Avalon Natural Products, a leading international marketer of natural and organic personal care products, in the sale of their equity interests to North Castle Partners.

Avalon is one of the largest and most rapidly growing international marketer of natural and organic personal care products located in the United States. The Company market three leading product lines: Avalon Organics, Alba and Unpetroleum Avalon’s brands collectively, are generally ranked in the top five in market share in the hair care, skin care, soap and bath, and deodorant categories in natural products supermarkets. All Avalon branded products are free of animal ingredients and are not tested on animals. The Company’s products are under a stringent set of ingredient standards to conform to its definition of “natural.” Avalon is the first company to market a full line of body and skin care products using a significant level of certified organic ingredients.

North Castle Partners is the leading private equity firm focused exclusively on consumer businesses dedicated to Healthy Living & Aging.

Private Placement and Financial Advisory Services in the Sale of Equity Interests to North Castle Partners
Nov 2004 Sospenders : A Division of WaterMark Paddlesports, Inc.

Sospenders : A Division of WaterMark Paddlesports, Inc.

Arcata, California

Bengur Bryan & Co., Inc. advised WaterMark Paddlesports, Inc. in the sale of its Sospenders Division, its inflatable personal flotation device business, to the Stearns Division of K2 Inc. (NYSE: KTO).

WaterMark is a portfolio company of Arcapita, a $4 billion Atlanta-based private equity firm. Bengur Bryan advised WaterMark on its financial and strategic alternatives relating to its Sospenders Division and subsequently initiated and negotiated the transaction.

Sospenders is the world’s leading manufacturer and developer of inflatable personal flotation devices (PFDs). Sospenders PFDs are used worldwide by active sportsmen including yachtsmen, hunters and fishermen and also by commercial, military and law enforcement professionals that require a PFD that provides both comfort and safety.

The Stearns Division of K2 Inc., located in Sauk Rapids, Minnesota, is a leading manufacturer and marketer of marine and outdoor sporting goods and industrial products including Shakespeare and Pflueger fishing gear, Stearns flotation devices and Shakespeare marine radio antennas.

K2 Inc. is a $1.2 billion, Carlsbad, California-based, premier, branded consumer products company with a portfolio of leading brands in the sporting goods and recreational products industries. Its products include ski, skateboard, outdoor marine, hunting and fishing accessories; outdoor apparel; paintball products; baseball and softball equipment; and ATV accessories.

Private Placement and Sell Side Advisory Services in the Sale to the Stearns Division of K2 Inc.
Jun 2004 Red, Hot & Blue Restaurants, Inc.

Red, Hot & Blue Restaurants, Inc.

Baltimore, MD

Bengur Bryan & Co., Inc. provided financial advisory services to Red, Hot & Blue Restaurants, Inc. in the repurchase of a portion of its outstanding Preferred Stock.

Red Hot & Blue Restaurants, Inc. operates and franchises casual dining restaurants that serve Memphis-style barbeque including “wet” and “dry” ribs, chicken, “pulled” pork shoulder, and beef brisket. The restaurants feature recorded rhythm and blues music and music memorabilia in a casual dining environment. The restaurants also offer carry-out and catering services.

Buy Side Advisory Services in the Repurchase of a Portion of Its Outstanding Preferred Stock
Jan 2004 Educational Testing Service

Educational Testing Service

Princeton, New Jersey

Bengur Bryan & Co., Inc. advised Educational Testing Service (ETS), the world’s premier educational assessment and research organization, in its acquisition of The Pulliam Group, Inc., a leading provider of educational software products and professional development services that enable assessment for improved student performance.

The Pulliam Group’s solutions assist schools meet the No Child Left Behind Act requirements for improving standards-based student performance, and help report student progress. Pulliam provides an integrated approach combining standards-based instructional practices, professional services, and technology-based management and analytical services that leads to standards-based student performance improvements.

ETS is the world’s largest private, nonprofit educational testing and measurement organization and a leader in education research. ETS’s 2,500 employees produce and administer nearly 20 million tests annually in over 180 countries. ETS serves individuals, educational institutions and government agencies around the world.

In ETS’s acquisition of Pulliam, Bengur Bryan provided valuation and structure advice to ETS.

Buy Side Advisory Services in the Acquisition of The Pulliam Group, Inc.
Dec 2003 Experior / DxR Development Group

Experior / DxR Development Group

Financial Advisory
Dec 2003 Experior / Cogent

Experior / Cogent

Financial Advisory
Mar 2003 ETS Technologies

ETS Technologies

Financial Advisory
Feb 2003 Chauncey Group / TOEIC

Chauncey Group / TOEIC

Financial Advisory
Jan 2003 Interstate National Dealer Services

Interstate National Dealer Services

Uniondale, NY

Interstate National Dealer Services is a leading nationwide provider of service contracts and extended warranties. Coverage is offered for a broad range of products including new and used cars and trucks, recreational vehicles, watercraft, motorcycles and powersport vehicles.

Bengur Bryan provided financial advisory services to CHL Holdings Corp. in its acquisition of Interstate.

Financial Advisory
Oct 2002 PJPA, LLC

PJPA, LLC

Pennsylvania

PJPA is a Papa John’s Pizza franchisee serving Central and Eastern Pennsylvania. Bengur Bryan acted as financial advisor in the sale of the Northern division of this franchisee of Papa John’s Inernational to RJM Properties, Inc.

Papa John’s International is the third largest pizza company in America. As of February 23, 2003, Papa John’s had 2,792 restaurants (590 company-owned and 2,202 franchised) operating in 49 states and 10 international markets. Papa John’s also owns or operates an additional franchised 142 Perfect Pizza restaurants in the United Kingdom. Papa John’s is the recognized quality leader among national pizza companies and today remains committed to its heritage of making a superior-quality, traditional pizza.

Sell Side Advisory Services in the Sale of the Northern Division to RJM Properties
Sep 2002 The Chauncey Group International

The Chauncey Group International

Princeton, NJ

The Chauncey Group, a unit of Educational Testing Services, is a leading provider of certification and licensing examinations for professionals, businesses and government.

Bengur Bryan provided financial advisory services to the Chauncey Group.

Financial Advisory
Aug 2002 Avalon Natural Products

Avalon Natural Products

Petaluma, CA

Avalon Natural Products is one of the largest marketers of quality personal care products for caring consumers seeking natural, organic and cruelty-free ingredient alternatives.

North Castle Partners is a private investment firm with offices in Greenwich, Connecticut and San Francisco, California. The firm has made 39 investments in companies that provide products and services promoting healthy living and aging.

Bengur Bryan acted as financial advisor to Avalon in its sale to North Castle Partners.

Sell Side Advisory Services in the Sale to North Castle Partners
Jul 2002 Chauncey Group / ETS K–12 Works

Chauncey Group / ETS K–12 Works

Financial Advisory
Sep 2001 PJ Mountain, Inc.

PJ Mountain, Inc.

Sale to Investor Group
May 2001 Chauncey Group

Chauncey Group

Financial Advisory
May 2001 Chauncey Group / Experior

Chauncey Group / Experior

Financial Advisory
Dec 2000 The Wills Group, Inc.

The Wills Group, Inc.

LaPlata, Maryland

The Wills Group, Inc. (TWGI) is a leading independent retailer and distributor of motor fuels and home heating fuel in southern Maryland, Virginia, the Delmarva Peninsula and the District of Columbia. Bengur Bryan acted as financial advisor in arranging financing for the acquisition of Shell and Texaco dealer locations from Motiva Enterprises.

Private Placement
Oct 2000 KKD of Maryland, LLC.

KKD of Maryland, LLC.

Baltimore, Maryland

Bengur Bryan completed a valuation for the fair market value of KKD of Maryland for corporate planning purposes. KKD of Maryland is the area developer for Krispy Kreme Doughnuts, Inc., for certain markets in the state of Maryland.

Krispy Kreme Doughnuts, Inc. is a leading branded specialty retailer of premium quality doughnuts, including its signature Hot Original Glazed doughnut, as well as beverages and other selected menu items. As of July 30, 2000, Krispy Kreme had 154 store locations, of which 57 were company-owned and 97 were franchised. Krispy Kreme is publicly traded (NASDAQ: KREM) and had a market value of $1.07 billion at the time of this transaction.

Financial Advisory and Valuation of the Fair Market Value
Jun 2000 PJ Mountain, Inc.

PJ Mountain, Inc.

Frisco, CO

Bengur Bryan sold PJ Mountain Inc., a Colorado resort-based franchisee of Papa John’s International, Inc., to an investor group.

Papa John’s International, Inc. operates and franchises more than 1,800 carry-out and delivery pizza restaurants throughout much of the U.S. Papa John’s is the fourth largest and fastest growing pizza chain in the world.

Bengur Bryan sold PJ Mountain, Inc. to Investor Group
Dec 1999 PJNJ Foods, Inc.

PJNJ Foods, Inc.

Sale to Papa John’s Int'l, Inc.
Sep 1999 A&W Restaurants / Yorkshire Global Restaurants

A&W Restaurants / Yorkshire Global Restaurants

Farmining Hills, MI

A&W Restaurants is a leading quick service restaurant chain with over 700 units worldwide serving American fare and A&W root beer. Bengur Bryan performed a Fairness Opinion regarding the merger of A&W Restaurants into Yorkshire Global Restaurants.

Financial Advisory and Fairness Opinion
May 1999 Clark Bar America

Clark Bar America

Pittsburgh, Pennsylvania

Bengur Bryan represented and advised Clark Bar America in its sale to New England Confectionary Company (NECCO).

Clark Bar America is a leading confectionery manufacturer. “Clark Bar,” its flagship brand, has been nationally marketed for over 115 years and is one of the leading brands in the industry.

Sell Side Advisory Services in the Sale to Necco
Apr 1999 Tastysnack, Inc.

Tastysnack, Inc.

Windsor, Pennsylvania

Bengur Bryan represented Tastysnack, Inc. and its shareholders in the sale of this leading manufacturer of snack foods and specialty food ingredients to Linette Quality Chocolate, located in Womelsdorf, PA.

Tastysnack, Inc., a diversified specialty ingredient manufacturing and snack foods company, is a leading processor of peanut butter, nuts, and variegates for the frozen dessert, baking, snack food, and confectionery industries.

Sell Side Advisory Services in the Sale to Linette Quality Chocolate
Jun 1998 PJPA, LLC

PJPA, LLC

Reading, PA

Bengur Bryan privately placed limited liability company interests to fund the start-up and growth of this Eastern Pennsylvania-based franchisee of Papa John’s International, Inc.

Papa John’s International, Inc. operates and franchises more than 1,800 carry-out and delivery pizza restaurants throughout much of the U.S. Papa John’s is the fourth largest and the fastest growing pizza chain the world. The Company’s philosophy is “Better Ingredients. Better Pizza.”

Private Placement of Limited Liability Company Interests
Jan 1998 Clark Bar America

Clark Bar America

Pittsburgh, Pennsylvania

Bengur Bryan represented and advised Clark Bar America in the sale of its “Bun” Brand to Pearson Candy Company of St. Paul, Minnesota. Bengur Bryan used its industry knowledge and extensive network of strategic acquirers to identify buyers for these regional candy brands.

Clark Bar America is a leading confectionery manufacturer. “Clark Bar,” its flagship brand, has been nationally marketed for over 100 years and is one of the leading brands in the industry.

Sell Side Advisory Services in the Sale of Candy Brand to Pearson Candy Co.
Jan 1998 Clark Bar America

Clark Bar America

Pittsburgh, Pennsylvania

Bengur Bryan represented and advised Clark Bar America in the sale of its “Slo Poke” and “Black Cow” candy brands and other assets to Gilliam Candy Brands. Bengur Bryan used its industry knowledge and extensive network of strategic acquirers to identify buyers for these regional candy brands.

Clark Bar America is a leading confectionery manufacturer. “Clark Bar,” its flagship brand, has been nationally marketed for over 100 years and is one of the leading brands in the industry.

Sell Side Advisory Services in the Sale of Candy Brand to Gilliam Brands Co.
Jan 1998 Burkey’s Snacks, Inc.

Burkey’s Snacks, Inc.

Dover, Pennsylvania

Bengur Bryan represented Burkey’s Snacks, Inc. in its sale to a private investor group. Bengur Bryan used its extensive network of potential acquirors and executives in the food industry to identify an acquisition group led by an industry experienced management team to acquire the company. The management team was backed by private investors to complete this platform acquisition.

Burkey’s Snacks, Inc. is a leading manufacturer of branded and private label candy-coated “ready-to-eat” popcorn snacks for consumers in the U.S. and the U.K.

Sell Side Advisory Services in the Sale to a Private Investor Group
May 1997 PJ Mountain, Inc.

PJ Mountain, Inc.

Private Placement
Feb 1997 Phillips Seafood

Phillips Seafood

Ocean City, MD

Bengur Bryan completed a valuation for planning purposes. Phillips Seafood is a closely held seafood restaurant and seafood processing company.

Financial Advisory and Valuation Services
Jul 1996 Red, Hot & Blue Restaurants, Inc.

Red, Hot & Blue Restaurants, Inc.

Washington, DC

Bengur Bryan privately placed Preferred Stock to fund the growth of this rapidly growing restaurant chain.

Red Hot & Blue operates and franchises approximately 30 casual dining restaurants that serve Memphis-style barbecue including “wet” and “dry” ribs, chicken, “pulled” pork shoulder and beef brisket. The restaurants feature recorded rhythm & blues music and music memorabilia in a casual dining environment.

Private Placement of Preferred Stock
Jan 1996 The White House, Inc.

The White House, Inc.

Baltimore, MD

Bengur Bryan advised The White House on the private placement of convertible debt.

The White House is a rapidly growing specialty retailer that operates over 65 retail shops in up-scale malls and resort markets specializing in women’s apparel. The Company has a new division called the Black Market with a similar strategy specializing in women’s apparel.

Private Placement of Convertible Debt
Nov 1995 PJPA, LLC

PJPA, LLC

Maple Shade, NJ

Bengur Bryan privately placed limited liability company interests to fund the start-up and growth of this New Jersey-based franchisee of Papa John’s International, Inc.

Papa John’s International, Inc. operates and franchises more than 1,800 carry-out and delivery pizza restaurants throughout much of the U.S. As of 1995, Papa John’s is the fourth largest and fastest growing pizza chain in the world.

Private Placement of Limited Liability Company Interests
Jul 1995 Nice-Pak Products

Nice-Pak Products

Orangeburg, NY

Bengur Bryan advised Nice-Pak Products in the sale of its Institutional Division (plastic cutlery and over-wrap) to Comet Products, a subsidiary of John Waddington, PLC. Bengur Bryan identified Comet and assisted in the negotiations of the transaction.

Nice-Pak is the largest US manufacturer of private label baby wipe products, infection control wipes and wet wipes for the consumer, healthcare and food service markets. The Company developed the Wet-Nap moist towlette product. Nice-Pak’s Institutional Division is a manufacturer and marketer of pre-packaged meal kits, overwrapped plastic cutlery and moist towlettes for the food service industry, including Wet-Nap brand towlettes.

Sell Side Advisory Services in the Sale of Institutional Division to Comet Products, Inc.
Oct 1994 Red Line Group, Inc.

Red Line Group, Inc.

Financial Advisory
Sep 1994 Town Sports International, Inc.

Town Sports International, Inc.

Financial Advisory
Feb 1994 Red Line Group, Inc.

Red Line Group, Inc.

Financial Advisory
Feb 1994 Clayton Radio, Inc.

Clayton Radio, Inc.

Private Placement
Feb 1994 Nice-Pak Products

Nice-Pak Products

Orangeburg, NY

Bengur Bryan privately placed $10,000,000 of Subordinated Notes and Preferred Stock with Warrants to re-capitalize Nice-Pak Products to support its rapid growth. Nice-Pak is the largest manufacturer in the U.S. of private label baby wipe products, infection control wipes and wet wipes for the consumer, health care and food service markets.

Private Placement of $10 Million of Subordinated Notes and Preferred Stock with Warrants
Apr 1993 Papa John’s International, Inc.

Papa John’s International, Inc.

Financial Advisory
Apr 1993 Papa John’s International, Inc.

Papa John’s International, Inc.

Acquisition of PJ Food Service, Inc.