Nashville, TN – Brentwood Capital Advisors LLC (“BCA”), based in Nashville, served as exclusive financial advisor to CDNT Company (d/b/a Can-Do National Tape) in a recently completed sale to River Capital and management. Can-Do National Tape (the “Company”) is a leading manufacturer and distributor of pressure-sensitive adhesive products.
“We are very pleased with the outcome of this sale process,” stated Tim Douglas, a principal shareholder of CDNT Company. “This transaction reflects the hard work and positive results that the Company has achieved over more than a decade under our ownership. Brentwood Capital Advisors performed expertly in positioning the Company for sale, identifying the best buyer, structuring the terms of the transaction, and getting it closed. We are pleased that the management team has a partner of River Capital’s caliber to assist in the Company’s continued growth.
“One of the most gratifying aspects of investment banking is working with accomplished businesspeople who are associated with good companies, and this assignment was exemplary in that respect,” said Jack Harrington of Brentwood Capital Advisors. “Can-Do National Tape had a great track record of profitable growth under our client’s ownership, and we expect the Company’s expansion to continue under its new and highly experienced ownership group.”
Can-Do National Tape’s President, Rick Winkel, and certain other members of its management team participated with River Capital in the acquisition. All employees remained with the Company through the transaction.
The terms of the transaction were not disclosed.
Contact: Jack Harrington, 615.690.1700
About Can-Do National Tape, Inc.
Can-Do National Tape, Inc., located in Nashville, Tennessee, is a leading distributor and provider of value-added conversion services and custom engineered pressure-sensitive adhesive products such as tapes, foams, films, foils and related materials to a broad array of customers and industries. More information about Can-Do National Tape can be found at www.can-dotape.com.
About Brentwood Capital Advisors LLC
Brentwood Capital Advisors LLC, founded in 1999, is a privately held investment bank headquartered in Nashville, Tennessee, providing mergers and acquisition and capital-raising advisory services to middle-market companies. Since 2002, BCA has served as exclusive financial advisor in 33 transactions representing more than $2.4 billion of value.
About River Capital
River Capital, based in Atlanta, Georgia and founded in 1983, is a private investment firm that organizes and invests in the acquisitions of select, well-established middle-market companies. River Capital is one of the oldest firms of its type in the southeast and has acquired companies in a broad range of industries with combined revenues of over $600 million. More information about River Capital can be found at www.river-capital.com.