Oliver Sandlin and Larry Hester of Focus Strategies Investment Banking served as panelists at the first vcfo Conversations event in 2019. Discussion topics included strategic transactions, ownership transitions, acquisitions and recent valuation trends, as well as processes & timelines.
Stan’s Heating & Cooling (“Stan’s”), a leading provider of residential HVAC installations and service, has received an investment from an affiliate of Treaty Oak Equity LLC (“Treaty Oak”) of Austin, Texas. Focus Strategies Merchant Banking, LLC (“Focus Strategies”) served as the exclusive financial advisor to Stan’s throughout the transaction, which closed on November 30, 2018.
We are pleased to announce our newest member of the Focus Strategies team, Stephen Reesing. Steve has more than 25 years of senior management experience as CFO for middle market companies in central Texas. He has a broad range of experiences, including extensive work in mergers and acquisitions, leveraged buyouts and private placements of debt and equity.
CMIT Solutions, Inc. (“CMIT”), a leading provider of enterprise-level outsourced IT solutions to small and medium sized businesses, has been acquired by Craftsman Capital Partners of Dallas, Texas. Focus Strategies Merchant Banking, LLC (“Focus Strategies”) served as the exclusive financial advisor to CMIT throughout the transaction, which closed on December 18, 2018.
The third quarter showed a decline in transaction volume in Central Texas, which was in line with the rest of the country. Despite the decline in the number of deals, the average deal size in Central Texas rose from $11.8 million to $55.5 million, inclusive of three transactions […]