January 3, 2013
For Immediate Release
Bridge Ventures announced today that it assisted in three transactions that closed on December 31, 2012. This marked four deals for Bridge in month of December, bringing an already successful 2012 to a strong finish.
Bridge represented the sellers on an exclusive basis in all three transactions, which involved companies in the audiology and hearing aid industry located in Illinois, Texas, and Colorado. Each deal involved the acquisition of a privately owned, local or regional company by a large, national provider in the same industry. At the request of the parties involved, specific company names have been withheld.
Like most of Bridge’s clients, these companies operate in a rapidly consolidating industry. Bridge’s experience with consolidating sectors and its extensive industry contacts allowed it to attract multiple qualified and well-capitalized buyers.
Craig A. Castelli, Managing Director of Bridge’s Chicago office, led all three transactions. Continue reading