RECENT TRANSACTIONS
WaveCrest Securities is active in debt and equity placements across sectors and verticals.
Advisor to Branford Castle
Acquisition of Eastern Dental
2025
Placement Agent
Common Stock
2024
Exclusive M&A Advisor to KindBio
Sale of Cultivation License
$5,000,000
2024
Veritas
Placement Agent
Series B Preferred Equity
$6,000,000
2023
Placement Agent
Equity
$50,000,000
2023
Fund Placement Agent
LP Interests
2022
has been sold to
Industrial Realty Group
Exclusive M&A Sellside Advisor to MAP
Undisclosed
2022
has been sold to
Recurrent
Exclusive M&A Sellside Advisor to Business of Home
Undisclosed
2022
Placement Agent
Equity
Undisclosed
2021
Placement Agent
Term Loan Facility
$10,000,000
2021
Fund Placement Agent
LP Interests
2021
VCM Products, LLC has been sold to Rock Mountain Capital
Exclusive M&A Sellside Advisor to VCM Products, LLC
Undisclosed
2021
Placement Agent
Preferred Units
$7,500,000
2021
Placement Agent
Equity
Undisclosed
2021
Has been sold to
Exclusive M&A Sellside Advisor to Mach 1
2020
Placement Agent
ABL Facility
$4,000,000
2020
Placement Agent
Equity
Undisclosed
2020
Placement Agent
Equity
Undisclosed
2020
Was acquired by
Adamas One Corp.
Restructuring Advisor To Scio Diamond
2019
Fund Placement Agent
LP Interests
2019
Fund Placement Agent
LP Interests
2018
Was acquired by
Military Systems Group
Financial Advisor to Buyer
Undisclosed
2018
Placement Agent
Equity
Undisclosed
2017
Placement Agent
Equity
Undisclosed
2017
Placement Agent
Equity
$15,000,000
2016
Financial Advisor to Seller
Undisclosed
2016
Debt Arranger
Senior Secured Credit Facility
$30,000,000
2016
Debt Arranger
Senior Secured Credit Facility II
$40,000,000
2015
O&G Portfolio 2
Financial Advisor
$54,000,000
2014
Debt Arranger
Senior Secured Credit Facility
$30,000,000
2014
Debt Arranger
Senior Secured And Mezzanine Credit Facilities
$22,000,000
2013
Financial Advisor to Acquirer
Undisclosed
2013
Debt Arranger
Senior Secured And Mezzanine Credit Facilities
$28,000,000
2013
* The Private Placement Transactions noted are only available to accredited investors who must meet certain minimum annual income or net worth thresholds. Investing in Private Placements involve risks including a complete loss of investment.
TRANSACTIONS
| Client | Counterparty | Transaction Type | Industry | Comment | Completion | Size ($mm) |
|---|---|---|---|---|---|---|
| Comstock Homebuilding | N/A | Senior Debt Raise | Real Estate/Construction | Debt Arranger | 2011 | 25 |
| Airvana Aquisition | N/A | Debt/M&A Advisory | Telecom Equipment | Buyside Advisor/Debt Arranger | 2010 | 160 |
| Spheris Financing | N/A | Debt Advisory | Healthcare Services | Debt Arranger | 2010 | 115 |
| Aspen Marketing Services | N/A | Mezz Debt Raise | Business Services | Debt Arranger | 2010 | 50 |
| Medquist Financing | N/A | Mezz Debt Raise | Healthcare Services | Debt Arranger | 2010 | 85 |
| GHL Acquisition Corp. | Iridium Holdings | SPAC Transaction | M&T/Telecom | Capital Markets SPAC Advisory Assignment for GHL Acquistion of Iridium | 2009 | 650 |
| Indymac Bank | JC Flowers | FDIC Auction | Financial Services | Buy Side Advisor to Investor Group | 2009 | 2000 |
| Peguform Group | Polytec Holdings, AG | Sale of Company | Industial/Automotive | Sale of Auto Parts Manufacturer | 2009 | 450 |
| STS Logistics | RLS Corp. | Acquistion | Infastructure/Transportation | Acquistion to Create Third Largest Logistic Provider in Russia | 2009 | 100 |
| Tory Burch, LLC | Tresalia Group | Minority Stake Sale | C&R/Fashion | Sale of Investment in Tory Burch Fashion House | 2009 | 120 |
| Caspian Services | NA | Principal Investment | NR/Midstream | Convertible Debt Investment in CIS Based Oilfield Services Company | 2008 | 15 |
| Fesco | NA | Principal Investment | Infastructure/Transportation | Acquistion of Stake in Russian Port and Rail Company | 2008 | 20 |
| IAP Worldwide Services | Cerberus Capital | Debt Restructuring | Aerospace/Defense | Debt Restructuring Arranger | 2008 | - |
| LNR Property | LNR Property | Debt Exchange | Real Estate | Sole Arranger | 2008 | 400 |
| Penn National Gaming Corp. | Fortress Group | Leveraged Buyout | Gaming | Buy Side Advisor and Debt Provider | 2008 | 6100 |
| Adessa | Value Act Capital | Leveraged Buyout | Auto Auctions | Debt Arranger | 2007 | 3700 |
| Balnak | NA | Principal Investment | Infrastructure/Transportation | Acquisition Of Turkish and Trucking Freight Forwarding Comapny | 2007 | 28 |
| Fortress Group | Fortress Group | Initial Public Offering | Financial Services | Lead Arranger | 2007 | 634 |
| IWCO Direct | Avista Capital | Leveraged Buyout | Business Services | Sell Side Advisor and Debt Provider | 2007 | - |
| Och-Ziff Capital | Och-Ziff Capital | Initial Public Offering | Financial Services | Lead Arranger | 2007 | 1150 |
| Seacastle Inc. | Fortress Group | Leveraged Buyout | Infrastructure/Transportation | Lead Debt Arranger | 2007 | - |
| STS Logistics | NA | Principal Investment | Infrastructure/Transportation | Acquisition of Russian Project Logistics Company | 2007 | 21 |
| UPC Wind | DE Shaw | Tax Financing | CleanTech/Wind | Debt Arranger | 2007 | - |
| Aircasle, LTD | Fortress Group | Initial Public Offering | Infrastructure/Transportation | Lead Arranger | 2006 | 209 |
| Carlyle Leasing | Fortress | Group Leveraged Buyout | Equipment Leasing | Debt Arranger | 2006 | 600 |
| Intrawest ULC | Fortress Group | Leveraged Buyout | Leisure | Buy Side Advisor and Debt Provider | 2006 | 28000 |
| RLS Corp. | NA | Principal Investment | Infrastructure/Transportation | Acquisition of Turkish Trucking and Freight Forwarding Company | 2006 | 17 |
| Seitel Inc. | Value Act Capital | Leveraged Buyout | NR/Energy Services | Lead Debt Arranger | 2006 | 780 |
| Daiei Inc. | Advantage Partners | Leveraged Buyout | C&R/Retail | Buy Side Advisor to Investor Group | 2005 | 600 |
| Naftrans | NA Principal | Investment | Infrastructure/Transportation | Acquisition of Stake in Black Sea Oil Terminal | 2005 | 15 |
| Takefuji Corporation | Takefuji | Financing | Consumer Finance | Debt Arranger | 2005 | 600 |
| DDI Pocket | Carlyle Group | Leveraged Buyout | M&T/Telecom | Buy Side Advisor to Investor Group | 2004 | 2000 |
| Golf Seiyo YK | Deutsche Bank | Private Sale | Leisure | Investment | 2004 | 7 |
| Japan Telecom | Ripplewood | Leveraged Buyout | M&T/Telecom | Debt Arranger | 2003 | 2500 |
| D+M Holdings | Ripplewood | Leveraged Buyout | Industrial/Components | Buy Side Advisor and Debt Provider | 2002 | 250 |
| Orient Shinpan | Unison Capital | Leveraged Buyout | Consumer Finance | Buy Side Advisor and Debt Provider | 2000 | 200 |
| Shinsei Bank | JC Flowers | Government Auction | Financial Services | Principal Investor | 2000 | - |
| General DataComm | PCTel Inc. | Corporate Divestiture | Technology/IP | Sale of Communication Systems Division | 1999 | - |
| Japan Tobacco Inc. | RJ Nabisco Inc. | Acquisition | Consumer | M&A Advisor on its Acquisition of RJR International | 1999 | 8000 |
| Japan Tobacco Inc. | NA | Acquisition Financing | C&R/Tobacco | Acquisition Bridge Loan; Sole Books | 1999 | 5000 |
| Japan Tobacco Inc. | NA | F/X Hedge | C&R/Tobacco | Acquisition F/X Hedge; Sole Agent | 1999 | 4200 |
| Japan Tobacco Inc. | NA | Credit Facility | C&R/Tobacco | Credit Facility; Joint Books | 1999 | 5000 |
| Millennium Seacarriers | NA | High Yield Financing | Infrastructure/Transportation | Facilitated High Yield Financing Transaction | 1999 | 100 |
| Ispat Sidbec | NA | Credit Facility | NR/Metals & Mining | Facilitated Arrangement of Credit Facility | 1998 | 400 |
| Navigator Gas Transport | NA | High Yield Financing | Infrastructure/Transportation | Facilitated High Yield Financing Transaction | 1998 | 304 |
| Prestolite Electric/Genstar | NA | High Yield Financing | Industrial/Manufacturing | Facilitated High Yield Financing Transaction | 1998 | 125 |
| Textron, Inc. | Woodward Governor Corp. | Corporate Divestiture | Aerospace/Defense | Sale of Textron Fuel Systems Inc; Provided Fairness Opinion | 1998 | 160 |
| Birmingham Steel | NA | Follow-on Offering | NR/Metals & Mining | Facilitated Follow-on Offering | 1997 | 20 |
| Blackstone | Haynes International | Acquisition | NR/Metals & Mining | M&A Advisor to Blackstone on acquisition | 1997 | - |
| Ispat International | NA | Initial Public Offering | NR/Metals & Mining | Facilitated Initial Public Offering | 1997 | 765 |
| Tower Automotive | NA | Follow-on Offering | Industrial/Automotive | Facilitated Follow-on Offering | 1997 | 395 |
| Haynes International | NA | High Yield Financing | NR/Metals & Mining | Facilitated High Yield Financing Transaction | 1996 | 140 |
| Keystone Consolidated Industries | Desoto | Acquisition | NR/Metals & Mining | M&A Advisor on Acquisition of Desoto, Inc. | 1996 | - |
| National Steel | NA | Follow-on Offering | NR/Metals & Mining | Facilitated Follow-on Offering | 1996 | 100 |
| Oregon Steel Mills, Inc. | NA | Follow-on Offering | NR/Metals & Mining | Facilitated Follow-on Offering | 1996 | 75 |
| Oregon Steel Mills, Inc. | NA | High Yield Financing | NR/Metals & Mining | Facilitated High Yield Financing Transaction | 1996 | 235 |
| Schnitzer Steel Industries | NA | Follow-on Offering | NR/Metals & Mining | Facilitated Follow-on Offering | 1996 | 75 |
| Standard Motor Products | NA | High Yield Financing | Industrial/Automotive | Facilitated High Yield Financing Transaction | 1996 | 75 |
| Steel Dynamics, Inc. | NA | Initial Public Offering | NR/Metals & Mining | Facilitated Initial Public Offering | 1996 | 160 |
| ABC Rail Products | NA | Follow-on Offering | Infrastructure/Transportation | Facilitated Follow-on Offering | 1995 | 55 |
| Grupo IMSA (Mexico) | NA | Initial Public Offering | NR/Metals & Mining | Facilitated Initial Public Offering | 1995 | 157 |
| Ivaco Inc. (Canada) | Birmingham Steel | Acquisition | NR/Metals & Mining | Acquisition of Birmingham Steel Subsidiary | 1995 | 150 |
| Ivaco Inc. (Canada) | NA | High Yield Financing | NR/Metals & Mining | Facilitated High Yield Financing Transaction | 1995 | 150 |
| R.H. Macy's | NA | Restructuring | C&R/Retail | Chapter 11 Advisor to Unsecured Creditors Committee | 1994 | - |
| Reliable Stores, Inc. | NA | Restructuring | C&R/Retail | Advisor to ESOP in share repurchase program | 1994 | - |
| Weirton Steel | NA | Follow-on Offering | NR/Metals & Mining | Facilitated Follow-on Offering | 1994 | 140 |
| AM International | NA | Restructuring | Industrial/Manufacturing | Chapter 11 Advisor to Unsecured Creditors Committee | 1993 | - |
| CWT Specialty Stores | NA | Restructuring | C&R/Retail | Advisor to Board of Directors in Debt/Equity Exchange | 1993 | - |
| Trizec Corp. | NA | Restructuring | Real Estate | Financial Advisor in Out-of-Court Restructuring | 1993 | - |
