Vista, California
May 1998

 

Argosy Industries is a leading contract provider of tape and reel packaging services for electronic component manufacturers. The company offers its customers value-added services including carrier tape fabrication and electronic component inspection, programming, reconditioning, and labeling.

 

Family Recapitalization - The owner partnered with Mr. Malizia’s former investment firm to take some cash out of the business, as well as to transfer some of the company's ownership to his son.

Aspen is a leading manufacturer, importer and marketer of high quality dog and cat products for the pet supply industry. The company produces a full line of innovative toys, collars, leashes, and related accessories that are uniquely packaged and attractively merchandised through independent pet specialty stores and pet superstores.

 

Recapitalization – The two owners partnered with Mr. Malizia’s former investment firm to recapitalize the company so as to allow them to monetize some of the value that they had built up in their company and to gain an experienced financial partner to help fund and manage the aggressive growth of the business. Only three months after investing in Aspen, Mr. Malizia’s former investment firm funded the acquisition of Booda Products, a Los Angeles based manufacturer of dog and cat products which complemented Aspen's product mix. The add-on acquisition effectively doubled Aspen's annual revenues.

Bock & Clark is the largest national coordinator of land title surveys for the commercial real-estate market. The company serves as a one-stop source of surveys for multi-site transactions throughout the U.S. The company also has three regional offices that provide both commercial and residential surveys.

 

Recapitalization - The two owners recapitalized Bock & Clark with Mr. Malizia’s former investment firm to provide personal liquidity and to transfer some ownership to two senior managers.

Manan is a leading manufacturer of a complete line of specialized biopsy needles for mammography, hematology and urology. In addition, the company produces a full line of automatic biopsy guns used to obtain tissue samples.

 

Recapitalization - Mr. Malizia’s former investment firm structured a transaction which allowed the founding brothers to take cash out of their business while still running the company and retaining significant equity ownership.

Red Hawk is the nation’s 2nd largest provider of transaction / access security (TAS) products and services. The company offers sales, repair, and maintenance services on all types and brands of TAS equipment including safes, ATMs, safe deposit boxes, and CCTV systems. Red Hawk’s customer base consists of financial institutions and retail establishments.

 

Consolidation – The owner partnered with Mr. Malizia's former investment firm to consolidate the bank equipment industry. Within five years, Red Hawk completed 12 add-on acquisitions and grew its revenue from $9 million to $150 million. 

United States Environmental Services offers oil and hazardous material emergency spill response, tank and pipeline cleaning, utility sector support, demolition, NORM cleaning, site remediation and restoration, hydroblasting, and in-plant maintenance services to customers in the petrochemical, industrial, oil, and transportation industries. The company operates nine locations throughout the Gulf States region.

 

Recapitalization – The company's president partnered with Mr. Malizia’s former investment firm to buyout his other partners and to support various growth initiatives.

Wheel Pros is the country's largest independent distributor of custom aftermarket wheels, performance tires, and related accessories for cars, SUVs, and light trucks. The company operates 15 warehouse locations across the U.S. and services a customer base consisting primarily of retail tire shops.

 

Recapitalization - The two owners partnered with Mr. Malizia’s former investment firm to diversify their net worth and gain a financial partner who would support growth through the opening of new warehouse locations across the US.