Harris Williams’ Post

We recently advised Insulation Technology Group, a portfolio company of PHI Industrial, on their sale to TJC (The Jordan Company). ITG is a leading provider of high-voltage porcelain insulators for substations and transmission infrastructure worldwide. Within the industry, ITG is one of the few companies with a true international footprint, as most direct competitors are smaller and regionally focused. The group was founded by the merger of two major brands, LAPP Insulators and PPC Insulators. We look forward to following their continued success. https://lnkd.in/exVS9uNm #mergersandacquisitions Drew Spitzer, Florian Ripperger, Neha Shah, Patrick Fitzsimmons 

Managing Directors Sam Hendler and Dan Linsalata of our Healthcare & Life Sciences Group recently spoke with PE Hub, sharing their thoughts on the exponential increase in healthcare data and how it presents significant opportunities for private equity investors to help healthcare businesses solve important challenges. Read more about the M&A trends impacting the healthcare IT sector in the full article here: https://lnkd.in/e3eYxMA5

We recently advised Recochem Inc., a portfolio company of CapVest, on their acquisition of KIK Consumer Products' Auto Care business. KIK is a portfolio company of Centerbridge Partners, L.P. KIK's Auto Care business is comprised of Prestone in North America and Holts in the U.K. They develop, manufacture, and market antifreeze/coolant and other essential automotive fluids and car appearance products in North America and other key international markets. We are looking forward to following their continued success. https://lnkd.in/e4u_KyNk #mergersandacquisitions Joe Conner, Elliott Yousefian, Christopher Flight

We’re excited to welcome our class of 2024 to Harris Williams! Each summer, new Analysts and Associates from our 10 global offices convene for a comprehensive training program designed to integrate them into our culture and prepare them for the robust client engagement work ahead. This initial training is just the beginning of an extensive learning experience, where continuous development and growth are key. We believe this approach lays the foundation for a successful career in investment banking and prepares our people to best serve our clients. To learn more about life at Harris Williams, visit our website: https://lnkd.in/ex4uBs47 

M&A activity continues across the utility services sector, driven by trends in federal grid reliability regulations, rapidly growing electricity demand, and increasing renewable energy supply. Across the U.S., the largest utility demand drivers include data centers; onshoring, industrial, transportation, and building electrification; and crypto mining. Access our Q2 brief for more on these trends and other insights, including what we’re reading, select transactions, and public market updates. https://lnkd.in/eMbxgX32

Demand in the chemicals and specialty materials sector is expected to continue improving in the second half of 2024. Financing markets have grown increasingly supportive of quality assets, and corporate carve-outs and reorganizations represent a significant portion of M&A activity across the space. Access our Q2 brief for more on these trends and other insights from the space, including sector observations, what we’re reading, select transactions, and public market updates. https://lnkd.in/gtRGTcUC

The engineering and construction sector continues to experience growth across a wide range of segments. M&A activity is on the rise, with companies making strategic acquisitions to expand their services and strengthen their presence in key markets. Access our Q2 brief for more trends and insights, including featured Harris Williams client engagements, what we’re reading, select activity, and public valuations. https://lnkd.in/gKrf7gRh

Strategic communications and advisory services, a segment of the professional and tech-enabled services sector, continues to see an uptick in interest from private equity firms and strategic players. Key trends driving M&A opportunities in the space include growing demand for corporate affairs and stakeholder management services, growth capital and succession planning, a fragmented market, and attractive cash flow profiles. Access our Q2 brief for more on these trends and other insights, including what we’re reading, economic and market trends, and select transactions.  https://lnkd.in/gyHdz4Sc

The residential services sector continues to attract investors due to its massive market size, significant fragmentation, and long-term fundamentals in the housing and consumer segments. Investors are focusing on assets with clear differentiation in terms of service, customer acquisition tactics, and overall platform and capabilities. Access our Q2 brief for more trends and insights, including observations and market updates, what we’re reading, market landscapes, and select engagements. https://lnkd.in/eSBKWZ53

Our latest brief covering the legal technology sector highlights the transformative impact of AI, the importance of user experience and all-in-one solutions, the focus on corporate legal departments, and the value of data. Robust market tailwinds and geopolitically induced pressures continue to drive an increasingly competitive and digitized legal environment. Access our Q2 brief for more on these trends and other insights from the space, including sector perspectives, what we’re reading, select transactions, and the market landscape. https://lnkd.in/eFw_UN_X