DFX Intelligence
Novastone Capital Advisors and Umecc
Recapitalization deal· West Chester, OH
Manufacturing, OH.
No date on record · this record
- Announced
- Oct 1, 2024
- Firms on the deal team
- 2
- Capital providers
- 2
No date on record · this record
Independent sponsor
No principal is named in the announcement.
Capital, role not stated
- KeyBank · Capital provider
- Adam Salmen / Novastone Capital Advisors (NCA) · Capital provider
The announcement
this October, Adam successfully negotiated a recapitalization for UMECC – a steel equipment manufacturing company based in Ohio, US
DFX analyst research (General-assisted, every claim URL-cited) novastone-ca.com
Deal teamHow a firm is placed on a dealA firm is on this deal when the announcement, a filing, or the firm's own deal page names it in the role. Medium confidence (a biography naming the deal, or a side read from the sentence) is labelled; anything weaker is not shown.
Sponsor and buyer counsel
- Sherman Howard · Sponsor counsel for Novastone Capital AdvisorsNovastone Capital Advisors2024-10-01
Quality of earnings, accounting and tax
- UHY LLP · Accounting advisorMedium confidence