NASHVILLE, Tennessee (June 2015) — Bailey Southwell & Co., LLC (BSC) is pleased to announce the completion of the sale of Assurance Operations Corporation (AOC), a leading full service engineering and manufacturing solutions firm, to Amzak Capital Management, LLC (Amzak), a highly successful asset manager and private investment firm with holdings in a broad range of industries. Financial terms were not disclosed.
BSC acted as the exclusive strategic and financial advisor to AOC.
AOC is recognized as a leading producer of custom industrial packaging and material handling, metal fabrication, and stamping solutions in the Southeast United States. With this acquisition, Amzak enters the Southeastern manufacturing industry and will provide financial and strategic support to help accelerate the growth of this 225,000 square foot Middle Tennessee-based business.
“The Bailey Southwell team ran an extremely smooth and efficient process that allowed our management team to focus on the operations of our company while maximizing shareholder value,” noted Tom Collins, President and CEO of AOC. “They worked well with our team and consistently exceeded our expectations. I hope that we will get another chance to work with the BSC team in the near future.”
About Bailey Southwell & Co.
Bailey Southwell & Co., founded in 2005, is a privately held investment bank with offices in Nashville, Tennessee and St. Louis, Missouri. BSC provides mergers and acquisition and capital raising advisory services to middle market companies. More information about BSC can be found at www.baileysouthwell.com.
About Assurance Operations Corporation
Assurance Operations Corporation is a full service engineering and manufacturing solutions company. AOC specializes in the design, development, testing, program management, and production of custom industrial packaging and material handling, metal fabrication, and stamping applications. More information about AOC can be found at www.assuranceoperations.com.
About Amzak Capital Management, LLC
Amzak Capital Management is a private investment firm owned by the Kazma family. Amzak’s current portfolio is comprised of direct investments, fixed income instruments, real estate projects, and, to a lesser extent, LP investments. Within its direct investment practice, Amzak looks for opportunities across the capital structure (senior debt, mezzanine, and control and non-control equity). It typically invests $3 to $20 million per debt or minority interest transaction, with notably higher amounts possible for a control transaction either alone or through partnership with likeminded investors. More information about Amzak can be found at www.amzak.com.