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Benchmark International Wins Two Deal Of The Year M&A Atlas Awards
August 26, 2024
Two of Benchmark International's transactions have been awarded Private Equity Deal of the Year and Industrial Services Deal of the Year by the Global M&A Network.
The first award is for Private Equity Add-on Deal of the Year for the acquisition of Integrity First Insurance by OneDigital, a portfolio company of Onex. OneDigital is a leading insurance brokerage, financial services, and HR consulting firm. Integrity First Insurance is a property and casualty firm in Englewood, CO.
Benchmark International drew many buyers and offers to the seller for consideration with quite a bit of interest, giving the seller and buyer both a great opportunity built on solid rapport forged during negotiations.
Emilia Muniz, Senior Deal Associate with Benchmark International, said, “This opportunity was a pleasure to work on. The buyer and seller worked hard to complete this transaction and moved through diligence swiftly. We look forward to seeing what is in store as Integrity 1st, Inc. grows through this transaction.”
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The second award is for Industrial Services Deal of the Year for acquiring TDS Erectors & Crane Service by Capital Extension Crane Lift. Established in 1973, TDS Erectors is a family-owned general contractor in Ashdown, Arkansas, offering various services such as crane and rigging rental, equipment installation, steel fabrication, and industrial maintenance. Capital Extension Crane & Lift is a portfolio company of SouthWorth Capital Management, an equipment rental company providing reliable alternatives to equipment ownership across various markets. Capital Extension aims to build a national crane & rigging platform through disciplined acquisitions, dynamic capital allocation, and improved fleet productivity.
Benchmark International brought several buyers to the table for this sale, giving TDS Erectors multiple offers to review and ultimately ending with a deal that the seller was eager to move forward with because of the opportunities it presented for his employees in the future.
The Global M&A Network is a diversified media company and exclusive publisher of the popular “Top Dealmakers” lists and host of industry forums, serving the alternative investing, private equity, M&A restructuring, transactional, and business communities worldwide.
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