IBISWorld, a market research organization specializing in long range forecasting of industries and the business environment at large, with an emphasis on providing information for strategic planning and research purposes, spotlights Bryan Fleming.

David Jasmund’s article, A Prescription for M&A – Compound Pharmacies Face Change, included in a blog post of the Law of Compounding Medications and Drugs, a blog dedicated to educating pharmacists, doctors, veterinarians, and the general public about the law in the United States relating to compounded medications for both humans and animals.

Acquisition International, the definitive magazine for venture capitalists, corporate finance advisers and top tier management spotlights PCE in the December 2014 issue.

WINTER PARK, FL//RLJ Equity Partners, LLC and LAI International, Inc., have announced the acquisition of Zak Incorporated (Zak), a full service manufacturer and certified turnkey supplier that provides precision machined and custom fabricated components for customers in power generation, specialty metals, and oil and gas. PCE Investment Bankers served as financial advisor to Zak and sourced the acquirer.

Global M&A deals across all industries exceeded $1.0 trillion during the second quarter of 2014, the highest level since 2007, according to Thompson Reuters.  Private equity groups and corporations, sitting on stockpiles of cash coupled with the ability to borrow at record low rates, are helping drive the acquisition spree.  The healthcare industry appears to be riding the coattails of the overall market activity. Through the first half of 2014 the healthcare sectors tracked by the PCE Industry Update – Healthcare show that 729 M&A transaction deals were announced or closed compared to only 631 in the same period in 2013.

The National Center for Employee Ownership (NCEO) is a private, nonprofit membership and research organization that serves as the leading source of accurate, unbiased information on employee stock ownership plans (ESOPs), equity compensation plans, and ownership culture.

Winter Park, FL – (August 5, 2014) – PCE Investment Bankers is pleased to announce that the shareholders of Energy Air, Inc., a leading heating, ventilation and air conditioning (HVAC) contractor have completed the sale of their stock to the Energy Air, Inc. ESOP Trust.

Houston, TX (August 1, 2014) – Hisco Inc., North America’s Premier Distributor of Mission-Critical Materials, has acquired HMC Electronics, a nationwide supplier of assembly and process materials to printed circuit board producers, electronics manufacturers and repair centers. PCE Investment Bankers (PCE) sourced the acquisition and served as financial advisor to Hisco.

About Hisco

One may anticipate a spike in corporate divestitures immediately following a period of significant economic decline as companies pull back the reigns and focus on reducing non-core / under-performing units.  Similarly, one may also expect activity to decline in the years following as businesses right-size the ship and transition into a more stable market.  Oddly enough, these expectations were contradicted in the years surrounding the 2008 financial crisis. Divestiture activity for the five year period prior to the crisis depicted consistent expansion with annual growth of ~ 3%, but revealed a change once the crisis set in.  Activity constricted by ~ 2% between 2008 and 2009 while companies accessed what to do next, but then started on an upward trajectory with growth of nearly 7% per year thereafter through first half of 2014.  In the five year period (06/09 to 06/14), divestitures increased by nearly 40% from 2,500 per year to 3,500.