St Louis, MO June 20, 2023

HY-C Company, a leading provider of innovative outdoor products, today announced it has acquired Good Vibrations, a prominent outdoor accessory company. In this strategic transition, the owners of Good Vibrations are stepping away to pursue other opportunities and have chosen HY-C Company to take over the business, ensuring the continuation of their hard work and commitment to fair business practices.

Good Vibrations has earned a trusted reputation in the outdoor power accessory market, known for its exceptional quality and dedication to customer satisfaction. By joining forces with HY-C Company, Good Vibrations will gain access to an extensive distribution network, increased resources, and enhanced research and development capabilities. This new ownership will enable Good Vibrations to continue its legacy of innovation and market expansion.

This acquisition signifies HY-C Company’s dedication to delivering top-notch outdoor products while upholding the values established by Good Vibrations. The addition of Good Vibrations to the HY-C Company family reinforces its position as a market leader. Together, the combined strengths, expertise, and resources of both organizations will drive innovation, elevate customer service, and unlock new growth opportunities.

David Walters, President of HY-C Company, expressed his enthusiasm for the acquisition, stating, “We are delighted to welcome Good Vibrations to the HY-C family. Their outstanding reputation and commitment to excellence perfectly align with our company values. As we take over the business, we will ensure that the hard work and dedication put into Good Vibrations by its previous owners are honored.”

Dave Merten, President of Good Vibrations, added, “We are excited about this transition and the possibilities it brings. Partnering with HY-C Company will enable us to accelerate our growth, diversify our product offerings, and reach new markets. We look forward to leveraging our combined strengths and expertise to provide even greater value to our customers.”

Customers of both HY-C Company and Good Vibrations can expect a seamless transition during the integration process. The companies will work diligently to ensure uninterrupted availability of products, responsive customer support, and an unwavering commitment to the highest standards of quality.

For more information about this press release, please contact Scott Meyland-Smith at 314-241-1214 or email  Smeyland-Smith@HY-C.com.

About HY-C Company: HY-C Company is a leading provider of innovative outdoor products, committed to delivering exceptional quality and customer satisfaction. With an extensive range of offerings, including hearth accessories, chimney covers, home maintenance, and wildlife control solutions, HY-C Company continues to set new standards in the industry.

About Good Vibrations: Good Vibrations is a renowned outdoor power equipment accessory company, recognized for its superior quality and dedication to customer satisfaction. The company offers a comprehensive selection of products, including accessories for lawn mowers, string trimmers, and other outdoor power equipment, enhancing efficiency and ease of use.

CoView Capital, a Manhattan-based investment bank, initiated the transaction and acted as sole advisor to Good Vibrations

UKG Extends Global Reach in Caribbean Market With Acquisition of Interboro Systems Corporation

Acquisition of Longtime Reseller Partner Provides Direct UKG Sales, Services, and Support for Puerto Rico, the Caribbean

February 28, 2022 10:00 AM Eastern Standard Time

LOWELL, Mass. & WESTON, Fla.–(BUSINESS WIRE)–UKG Inc., a leading global provider of human capital management (HCM), payroll, HR service delivery, and workforce management solutions, today announced it now provides direct sales, services, and customer support for the Caribbean market through the acquisition of Interboro Systems Corporation.

“The opportunity to join the UKG family will not only create new opportunities for our customers to provide even better workplace experiences, but also for our own team, who will benefit from the tremendous people-driven UKG culture”

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Based in San Juan, Puerto Rico, Interboro is a well-known and highly regarded longtime reseller partner of UKG solutions. The establishment of a direct presence within the Caribbean adds nearly 70 talented team members to the UKG employee population focused solely on supporting this emerging market. The team is committed to helping current and future customers access a broader array of award-winning UKG solutions and services, including UKG Dimensions, UKG Pro, and UKG Ready.

“People working throughout the Caribbean have enjoyed the benefits of UKG solutions for years through the commitment of the tremendous Interboro team,” said Chris Todd, president at UKG. “We’re thrilled to welcome Interboro into the UKG family and are eager to help hundreds of Caribbean businesses create more adaptive, flexible, and resilient workplaces to better meet the rapidly changing expectations of their people.”

“The opportunity to join the UKG family will not only create new opportunities for our customers to provide even better workplace experiences, but also for our own team, who will benefit from the tremendous people-driven UKG culture,” said Bob Cohen, co-owner of Interboro. “Interboro and UKG have long been synonymous in Puerto Rico and the Caribbean, and we’re thrilled to embark on this new chapter as UKG strengthens its global reach.”

The acquisition closed in January. CoView Capital, Inc., a New York-based, FINRA-registered investment banking and advisory firm advised Interboro on the transaction.

Brooklyn, NY, March 2nd, 2021

American Elevator Group (“AEG”)

today confirmed their investment in Precision Elevator Corporation.

Established in 1992, Precision Elevator specializes in the maintenance, service, modernization, and construction of all types of hydraulic, traction, and freight elevators, throughout the North East.

D & D Elevator CEO Bobby Shaeffer, themselves a recent AEG acquisition, said of Precision Elevator’s acquisition “I am delighted that AEG has added this premium business to their already impressive portfolio. Precision Elevator further strengthens AEG’s presence in the NY Metro market, and adds significant strength to our team.”

Yuri Novak, owner of Precision Elevator commented, “Precision Elevator is a well-respected service partner to their customers. I look forward to working with AEG to further develop our collective business opportunities.”

CoView Capital, a boutique investment banking firm located in Manhattan, represented Precision in the transaction.

Shackleton Equity Partners Announces the Acquisition of Vossloh Signaling USA, Inc.

LOS ANGELES (PRWEB) December 30, 2020 – Shackleton Equity Partners announces the acquisition of Vossloh Signaling USA, Inc., a leading manufacturer of railroad automation technologies, switches and other products for the railroad industry. The acquisition is a corporate carve-out from parent company Vossloh AG (VOS). Vossloh Signaling will be managed by industry veterans David Ruskauff, President, and Chris Rabo, Vice President of Operations.

Vossloh Signaling designs and manufactures a variety of products and systems for both main line track and yard operations. The company’s customers include Industrial, Class 1, Transit and Short-line Railroads, predominantly in North America. The company sees significant opportunities to expand its Industrial customer base with additional resources through its partnership with Shackleton Equity Partners.

“We are excited to form this alliance with Shackleton Equity Partners. Through this partnership we are confident we can expand our service and offerings to our customers. We look forward to an exciting future and strong growth with both our suppliers and customers.” said Mr. Ruskauff, President of Apex.

As a standalone business, Vossloh Signaling USA, Inc. will continue with its investment in industry-leading automation technologies including its Modular Yard Automation (MYA) suite of products; Automatic Equipment Identification (AEI) railcar tracking to accurately track the location of railcars within their railyards; and industrial crossing warning systems for maximum safety and efficiency. These products are just a few of the solutions that enable Vossloh Signaling’s customers to maximize both operational efficiency and safety.

“Shackleton Equity Partners warmly welcomes Vossloh Signaling to our portfolio of companies.” said Mark Schelbert, Managing Partner of Shackleton Equity Partners. “We believe that through key strategic relationships as well as Shackleton Equity’s financial and operational expertise, Vossloh Signaling will be able to live up to its full potential as a preeminent supplier of engineered solutions to the rail industry.”

The terms of the transaction were not disclosed. Vossloh Signaling will continue doing business under a new name, Apex Rail Automation. More information can be found here https://www.apexrailautomation.com.

CoView Capital, a New York-based investment banking firm, represented Vossloh U.S. Holdings in this transaction.

About Shackleton Equity Partners
Founded in 2008 and based in Los Angeles, CA, Shackleton Equity Partners specializes in corporate carve-outs and special situations. Shackleton looks at opportunities across all industries including software, technology, aerospace and defense, telecom, electronics, manufacturing, industrial, e-commerce and consumer industries. Given the unique combination of operating, finance, and investing experience, Shackleton is able to quickly manage the investment process including due diligence, industry analysis, and operations.

About Apex Rail Automation formerly Vossloh Signaling
Headquartered in Grass Valley, CA, Apex Rail Automation offers yard automation solutions, main line switches, yard switches, wayside electronics, dark territory switch control and other products. The company supplies products and systems primarily to North American freight railroads, particularly Class 1 railroads.

ProciseDx Press Release

SAN DIEGO, July 21, 2020

ProciseDx Inc. has raised $10.5m through $8.5m of equity and $2m of debt, to fund ongoing development and commercialization of its point-of-care (POC) diagnostic platform. The investment round was led by Biosynex, S.A., a French diagnostics company, and included management and private investors.

The ProciseDx instrument is about the size of a shoe box and can provide diagnostics results in as little as 2 minutes from a finger prick drop of blood.

Biosynex will now own 37% and will join the board. Nestlé Health Science, which previously owned 100% of ProciseDx, remains an active supporter and significant minority shareholder.

CoView Capital, Inc. and, their life science consultants, The Channel Group, acted as advisors to ProciseDx.

ProciseDx is an in vitro diagnostics (IVD) company developing a broad portfolio of rapid diagnostic tests for the physician’s office. Founded by experienced IVD specialists that have successfully launched innovative POC platforms worldwide, ProciseDx is developing and commercializing POC tests with a turn-around time of only 2-5 minutes that are easy, immediate and accurate. These tests use finger prick blood or stool samples and ProciseDx’s first menu is focused on GI physicians (gastroenterologists) and includes inflammatory and drug monitoring tests.

Corporate Press Releases

Progress Rail to Acquire Cleveland Track Material, Inc.

October 30, 2019 — Albertville, Ala., USA – Progress Rail, a Caterpillar company, has signed an agreement to acquire Vossloh North America’s (ETR: VOS) Cleveland Track Material (CTM) business. The proposed acquisition aligns with Progress Rail’s goal of profitable growth. With facilities located in Cleveland, Ohio; Reading, Pennsylvania; and Memphis, Tennessee; CTM has served as a supplier of special trackwork to Class I and transit railroads, delivering turnouts and crossings for North America since 1983. CTM manufactures specialty trackwork products for both freight and transit customers.

CTM’s comprehensive trackwork portfolio includes panelized turnouts and crossings, special trackwork assemblies, switch points, frogs and crossing diamonds, brace and plating systems, rail joints and guard rails, and will complement Progress Rail’s current trackwork products.

“We look forward to welcoming the CTM employees into the Progress Rail family. This acquisition allows Progress Rail to more efficiently meet the needs of our North American rail customers by broadening our portfolio of best-in-class infrastructure solutions and positioning our trackwork team to better serve both the Class I railroads and transit sector,” said John Newman, Executive Vice President of Infrastructure for Progress Rail.

“We are pleased to have found the right partner in Progress Rail, who will be able to successfully develop CTM,” said Eliseo Bandala, Regional President of North America for Vossloh. “This gives the employees of CTM a long-term perspective, which was of great importance to us in the divestment process.”

CoView Capital, Inc., a New York-based, FINRA-registered investment banking and advisory firm advised Vossloh on the transaction. CoView provides an innovative approach to traditional and complex financial issues facing growing and established companies across industrial sectors.

Flexwise Health Press Release

May 20, 2019 — SUMMIT, N.J. — (BUSINESS WIRE) –Concord Health Partners (“Concord”), a healthcare focused investment firm, has completed an investment in Flexwise Health, Inc., based in Brentwood, TN (“Flexwise”), a business support services company that focuses on healthcare. The investment reflects Concord’s strategy to invest in companies that reduce operational and administrative costs associated with delivering high quality care.
Flexwise is a technology-enabled business support services company with an on-demand staffing platform that provides healthcare organizations with direct access to fully-vetted healthcare professionals available on a flexible basis. Flexwise’s platform demonstrates meaningful labor cost savings for hospitals and health systems.
CoView Capital, Inc, a Manhattan-based investment banking firm, advised Flexwise on the transaction and acted as Placement Agent.


TSR Inc. says it plans to pursue a ‘strategic acquisition’

By Tory N. Parrish
tory.parrish@newsday.com @ToryParrish1
Updated December 10, 2018 7:25 PM

Hauppauge-based technology staffing company TSR Inc., which late last month rejected a takeover bid from a major shareholder, said it plans to pursue a “strategic acquisition.”

The move, recommended by a special committee of the board of directors, would expand TSR’s customer base and boost profitability, the company said in a statement.

The committee hired Manhattan-based investment banking firm CoView Capital Inc. as its independent financial adviser.
CoView identified companies that are potential candidates for acquisition, and the Special Committee is authorized to approach those companies and negotiate “acquisition target proposals and agreements,” TSR said.

Zywave Acquires HR360, Expanding its Suite of HR and Compliance Solutions for Insurance Brokers

Milwaukee, October 11, 2017—Today Zywave, Inc., a leading provider of software-as-a-service (SaaS) solutions for the insurance industry, announced that it has completed the acquisition of HR360, a provider of HR and benefits compliance software for brokers, payroll companies, private employer organizations (PEOs) and employers. As part of the agreement, HR360 customers will become new Zywave partners and HR360 products will become part of the Zywave product suite. Founders of HR360, Lillian Shapiro and Tom Ceconi, will join Zywave leadership to further develop HR360 and Zywave business operations.

HR360 was advised by CoView Capital, Inc. in the sale of the business.

Elucida Completes Bridge Financing

April 3, 2017 – Elucida Oncology, Inc., a diagnostic imaging and therapeutics company employing a novel ultra-small C-Dot cancer-targeting platform, has completed a bridge financing with private investors. CoView Capital acted as exclusive financial advisor and placement agent for the offering.

CoView Capital and The Channel Group Form Healthcare Advisory Alliance

Providing Strategic Advisory and Financial Services to Life Sciences, BioMedical, and Healthcare Companies

September 21, 2016 03:57 PM Eastern Daylight Time
NEW YORK–(BUSINESS WIRE)–CoView Capital, Inc. (“CoView”), an investment banking firm, and The Channel Group, LLC (“TCG”), a strategic advisory firm specializing in healthcare transactions, announced today that they have formed an alliance to jointly provide services to life sciences, biomedical, and healthcare companies. Within the alliance, CoView provides private placement, merger and acquisition, and other investment banking services supported by TCG’s team of scientific, clinical medicine, and management leaders in the healthcare industry. TCG provides strategic advisory services directed at transactions supported by CoView’s team of senior-level investment bankers with deep experience in raising capital for emerging growth companies.

“We are enthusiastic about our new alliance with CoView as it enables both organizations the ability to provide managements of healthcare companies with access to a broader range of services, particularly in obtaining capital to finance the development of their companies.”

CoView’s Principal and Managing Director, Samuel Yellin, stated, “Our main priority is to enhance the financial services we provide to companies. We are very excited about the depth of knowledge and expertise TCG provides within the healthcare sector.”

Robert Beckman, Founder and Managing Partner of TCG added, “We are enthusiastic about our new alliance with CoView as it enables both organizations the ability to provide managements of healthcare companies with access to a broader range of services, particularly in obtaining capital to finance the development of their companies.”

About CoView Capital, Inc.

CoView is a New York-based, FINRA-registered investment banking and advisory firm. The firm was founded in 1993 by senior-level professionals with deep experience in raising capital for both domestic and international companies. CoView provides an innovative approach to traditional and complex financial issues facing both growing and established companies across industrial sectors, including healthcare.

About The Channel Group, LLC

TCG, founded in 2002, provides strategic advisory support to healthcare companies that are undergoing a transition or seeking to enter into a strategic transaction. Having served as executive management in healthcare companies from startups to Fortune 500 companies, TCG partners bring an operational management perspective and significant scientific and clinical credentials to bear in delivering results-oriented strategic advisory and transactional support to investors, directors, and company management.

About the Alliance

Meet the team at CoView and TCG to discuss how we might help your company to accelerate growth and build value. Please contact us if you would like to learn more about how we can enhance your business. Bios of our team members can be found on the websites listed below.

Click here for the full Press Release

GE Invests in Pittsburgh-based kWantera

General Electric Co. confirmed it has invested in kWantera Inc., a provider of cost-saving energy management software and services to large consumers of electricity and natural gas across the U.S. kWantera was advised by CoView Capital, Inc.

Rocla Concrete Tie, Inc. Acquired by Altus Capital Partners II, L.P.

On May 8, 2013, Altus Capital Partners, an investment firm focused on middle market manufacturing companies in the U.S., announced today the acquisition of Rocla Concrete Tie, Inc. the leading US manufacturer of pre-stressed concrete railroad ties. Altus, along with the company’s senior management team, made this investment to support Rocla’s continued participation as the leader in producing concrete ties for freight, transit and high speed rail requirements and their expansion into select foreign markets. The financial terms of the investment were not disclosed. The sellers were AH Belco S.A. a Belgian holding company and they were advised by CoView Capital, Inc.

Lyssé Ready-to-Wear Shapewear Product Line Acquired by E&A Industries Acquires

On January 22, 2013, E&A Industries, a privately held company based in Indianapolis, recently purchased Lyssé, a New York based apparel company specializing in body-slimming fashions. Terms for the deal are undisclosed. CoView Capital, Inc., an investment banking firm specializing in mergers, acquisitions, and private placements, advised Lyssé on the transaction.

Cherokee Inc. (Nasdaq: CHKE) Acquired Liz Lange Maternity® and Completely Me®

On September 4, 2013, Cherokee Inc. (NASDAQ: CHKE), a global brand management company, today announced that it has acquired the Liz Lange Maternity® and Completely Me® brands from LLM Management Co., LLC an affiliate of Bluestar Alliance, LLC for an aggregate purchase price of up to $14.0 million, inclusive of performance based earn-outs. Credited with revolutionizing modern maternity wear by providing pregnant women stylish, fashion-forward clothing, Liz Lange is one of the most recognized and respected maternity brands sold throughout North America. Cherokee Inc. is a global marketer and manager of a portfolio of Fashion and Lifestyle brands it owns and represents in multiple consumer product categories and sectors around the world. The Company has license agreements with premier retailers and manufacturers covering over 40 countries around the world. CoView Capital, Inc. initiated this transaction and acted as financial advisor to Cherokee, Inc.

Trimfit, Inc. Acquired by Strategic Partner

In June 2013, Trimfit, Inc., a designer, importer, and wholesale distributor of a wide range of socks, tights, and leggings for girls, boys, infants, and toddlers was acquired by an unnamed Strategic Partner. Founded in 1921, Trimfit markets its products primarily under its Trimfit brand to over 450 retailers for sale in over 6,000 store locations throughout the U.S. and Canada. In addition, Trimfit supplies products to a number of department and specialty stores under their private labels. CoView Capital, Inc. acted as financial advisor to Trimfit.