Amvest Financial Group Advises Blackbird Capital Partners on the Acquisition of the Assets of Sabin Robbins.Amvest, a Leading Middle-Market Investment Bank Today Announced That It Advised Blackbird Capital Partners in the Acquisition of the Assets of the Job Lot Paper Division of the Former Sabin Sa·bin , Albert Bruce 1906-1993. American microbiologist and physician who developed a live-virus vaccine against polio (1957), replacing the killed-virus vaccine invented by Jonas Salk. Robbins Paper Company KANSAS CITY Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo. -- Amvest, a leading middle-market investment bank today announced that it advised Blackbird Capital Partners in the acquisition of the assets of the job lot paper division of the former Sabin Robbins Paper Company. Blackbird Capital Partners, an affiliate of Blackbird Capital Group (www.blackbirdcap.com), has acquired the job lot paper division of the former Sabin Robbins Paper Company of Cincinnati, Ohio “Cincinnati” redirects here. For other uses, see Cincinnati (disambiguation). Cincinnati is a city in the U.S. state of Ohio and the county seat of Hamilton County. . Blackbird acquired the operating assets Operating Assets Another term for working capital. of the $75 million division through a secured party sale. The new entity will be known as Sabin Robbins, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (www.sabinrobbins.com). Amvest Financial Group, Inc. indentified the acquisition and advised Blackbird Capital Group. Blackbird has appointed Ron Litton as President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Sabin Robbins, LLC. Senior debt financing Debt Financing When a firm raises money for working capital or capital expenditures by selling bonds, bills, or notes to individual and/or institutional investors. In return for lending the money, the individuals or institutions become creditors and receive a promise to repay was provided by Chase Business Credit, a division of JPMorgan Chase & Co. Equity was provided by Blackbird and a group of local investors. About the new Sabin Robbins: The former Sabin Robbins Paper Company has been a leading provider of job lot and first line paper to the commercial printing industry since 1884. The new entity will provide some first line but mainly job lot paper, in addition to offering new products and services to its customers. In addition to its corporate offices in Cincinnati, the company has converting operations in Mansfield, Ohio, and sales and distribution facilities in Cleveland, Atlanta, and Chicago. About Blackbird Capital Partners: Blackbird Capital Group is a private investment firm that provides capital to and acquires distressed businesses. We quickly assess difficult situations and deliver creative solutions for our portfolio companies and opportunities to our investors. In addition to providing liquidity and flexibility, Blackbird reduces costs and streamlines operations to recover corporate value and to position the company for long term growth and success. About Amvest Financial Group: Amvest Financial Group, Inc. is a middle-market investment bank based in Kansas City, Missouri Kansas City is the largest city in the state of Missouri. It encompasses parts of Jackson, Clay, Cass, and Platte counties and is the anchor city of the Kansas City Metropolitan Area, the second largest in Missouri, which includes counties in both Missouri and Kansas. . Founded in 1976, Amvest Financial Group specializes in mergers, acquisitions, divestitures and corporate finance services to business owners, managers and private equity groups throughout the United States. Services include acquisition searches, strategic advisory, turnarounds, etc. Amvest professionals have unique experience as investment banking professionals by having acquired, operated and sold their own companies. This experience gives them the ability to truly understand our client's needs. Visit our web site at www.amvest.com. |
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