Mobile Menu Icon

Marriott & Co. Serves as Exclusive Financial Advisor to Blue Ridge Orthodontics

Posted on April 4, 2022

Richmond, Va. — Marriott & Co., a premier middle market investment banking firm based in Richmond, VA, is pleased to announce that it served as the exclusive financial advisor to Blue Ridge Orthodontics (“BRO” or the “Company”) in its long-term management arrangement with Lightwave, a high-growth dental leadership organization headquartered in Woodbridge, VA.  Lightwave is a portfolio company of Alpine Investors, a private equity investment firm based in San Francisco, CA.  The transaction closed on March 18, 2022.  Terms of the transaction were not disclosed.

BRO is a leading orthodontics and oral surgery services provider in Western North Carolina with locations in Asheville, Hendersonville and Brevard.  The Company is led by Dr. Luke Roberts who will remain in his role with BRO under the new partnership with Lightwave.

“Marriott & Co. did a fantastic job leading me through the process of identifying a partner that understands the unique practice we have built at BRO,” said Dr. Luke Roberts, owner and orthodontist at BRO, “They managed a highly professional process, and their efforts were critical to ensuring an outstanding outcome.  I am so excited about our new partnership with Lightwave, which positions our practice for increased growth while also allowing us to continue providing outstanding care for our patients and a great culture for our team.”

Justin Marriott, Managing Director of Marriott & Co. said, “We truly enjoyed working with Dr. Roberts throughout this process.  We are honored that he provided us with the opportunity to advise the Company on this important milestone, and I am thrilled that we were able to generate a successful outcome.”

About Blue Ridge Orthodontics:

With three locations in Asheville, Hendersonville and Brevard, NC, Blue Ridge Orthodontics (www.blueridgeorthodontics.com) is a leading orthodontics and oral surgery services provider, providing traditional braces, Invisalign and other related services to both adult and pediatric patients.  With a dedicated team and state-of-the-art technology, BRO provides best-in-class care to a growing patient base across Western North Carolina.

About Lightwave:

Founded in 2016, Lightwave is a high-growth company building the group model for the future of the dental industry. Lightwave is passionate about doing things the right way with a tight focus on high quality, core values, and taking care of their people. As a dental leadership organization, Lightwave focuses on partnering, training, and developing dentists as the natural leaders of the dental practice. The company helps dentists launch their careers, supports dentists leading high-growth dental groups, and assists doctors looking to establish their legacy as they transition into retirement. Lightwave is solving the big problems in dentistry: retirement, management, reimbursements, and partnership by providing the benefits of a group while preserving the essence of private practice. Lightwave currently supports 72 dental offices in 4 states with 210 full-time dentists and over 1,500 active employees. For additional information, please visit (www.lightwavedental.com). Follow us on LinkedIn, Facebook, and Instagram.

About Marriott & Co.:

Headquartered in Richmond, VA, Marriott & Co. (www.marriott-co.com) is a premier, independent boutique investment banking firm focused on advising privately-held companies across a wide variety of industries.  The firm provides merger and acquisition advisory and capital raising services primarily to family-held businesses and entrepreneurial business owners in the middle market. Marriott & Co.’s unique entrepreneurial culture enables the firm to tailor its services to meet the needs of its clients, and the firm’s professionals have an unparalleled understanding of the challenges and opportunities facing these companies and their owners today.  By delivering senior banker attention, a high-touch approach to client service and best-in-class process execution to every assignment it undertakes, Marriott & Co. has established a long track record of closing successful transactions for clients all over the U.S.

 

Contact:  Justin Marriott

Phone: (804) 344-0952

justin@marriott-co.com

 

###

Marriott & Co. Serves as Exclusive Financial Advisor to Commonwealth Trailer Rentals

Posted on March 30, 2022

Richmond, Va. — Marriott & Co., a premier middle market investment banking firm based in Richmond, VA, is pleased to announce that it served as the exclusive financial advisor to Commonwealth Trailer Rentals, Inc. (“CTR” or the “Company”) in its sale of its assets to Hale Trailer Brake & Wheel, Inc. (“Hale”), a multi-state provider of commercial trailer sales, rentals, parts and service based in Voorhees, NJ.  The transaction closed on March 15, 2022.  Terms of the transaction were not disclosed.

This represented Marriott & Co.’s seventh closed transaction in the last twelve months and its third transaction in the logistics and transportation industry in the past two years.

Founded in 1994 by Mark Taylor and Tommy Crowder Sr., CTR is a leading rental and leasing services provider of specialty over-the-road trailers with a focus on refrigerated and live floor trailers.  The Company leases and rents a high-quality, modern fleet of over 500 trailers to customers throughout the Mid-Atlantic and Southeastern U.S. in a variety of industries including food processing, foodservice, agricultural, medical and pharmaceutical.  CTR is headquartered in Garner, NC and has multiple operations on the East Coast from Maryland to Florida.

“When we hired Marriott & Co. to advise us on this transaction, it was imperative that we find a buyer that shares the same dedication to taking care of customers and employees as we have established at CTR over the past 28 years,” said Mark Taylor, former President and Co-Founder of CTR, “I am pleased to say that we were successful in that endeavor. Hale is a family-owned and operated business that shares many of our same core values and will continue to build upon the strong culture of service we created at CTR.  I am so appreciative of the job that Marriott & Co. team did in making this transaction a resounding success.”

Justin Marriott, Managing Director of Marriott & Co. said, “The strategic fit between CTR and Hale was evident throughout the process, and we are thrilled to be a part of such a great outcome for all parties.”

“It was an absolute pleasure working with Mark and the rest of the CTR team,” said Bryan Burden, Managing Director of Marriott & Co., “We are very grateful of the trust they put into us to manage this important sale process on their behalf.”

Added Mark Taylor, “Marriott & Co. did a great job of running a professional sale process for CTR from start to finish.  They were hands-on, efficient and meticulous in their handling of all of the details.  We can’t thank the Marriott & Co. team enough for their invaluable expertise in leading us through this process.”

About Commonwealth Trailer Rentals:

Founded in 1994 by Mark Taylor and Tommy Crowder Sr., Commonwealth Trailer Rentals is a leading rental and leasing services provider of specialty over-the-road trailers.  The Company’s expansive fleet consists of over 500 trailers, including single-temperature refrigerated trailers, multi-temperature refrigerated trailers and live floor trailers, all of which are well-maintained and equipped with modern technology.  CTR serves a longstanding and diverse customer base that includes food processors, foodservice companies, timber and wood products companies, agricultural companies, medical companies, pharmaceutical companies, and others.  Headquartered in Garner, NC, CTR operates throughout the Mid-Atlantic and Southeastern U.S. from Maryland to Florida.  For more information, please visit www.rentctr.com.

About Hale Trailer Brake & Wheel:

Founded by Barry Hale Sr. over 40 years ago, Hale Trailer Brake & Wheel is one of the largest independent trailer dealers in North America.  Hale is a one-stop-shop providing its customers with commercial trailer sales, rentals, parts and service.  Based in Voorhees, NJ, Hale operates 13 branch locations up and down the East Coast from Maine to Florida and as far west as Iowa.  For more information, please visit www.haletrailer.com.

About Marriott & Co.:

Headquartered in Richmond, VA, Marriott & Co. (www.marriott-co.com) is a premier, independent boutique investment banking firm focused on advising privately-held companies across a wide variety of industries.  The firm provides merger and acquisition advisory and capital raising services primarily to family-held businesses and entrepreneurial business owners in the middle market. Marriott & Co.’s unique entrepreneurial culture enables the firm to tailor its services to meet the needs of its clients, and the firm’s professionals have an unparalleled understanding of the challenges and opportunities facing these companies and their owners today.  By delivering senior banker attention, a high-touch approach to client service and best-in-class process execution to every assignment it undertakes, Marriott & Co. has established a long track record of closing successful transactions for clients all over the U.S.

 

Contact:  Justin Marriott

Phone: (804) 344-0952

justin@marriott-co.com

 

###

Marriott & Co. 2021 Year in Review

Posted on January 28, 2022

Marriott & Co. is pleased to announce that our team successfully completed six transactions in 2021. Included in these transactions was our 50th successful deal closing at Marriott & Co. since the firm was founded in 2007. We are sincerely grateful to all of our clients and other participants over the years in helping our firm achieve this milestone, and we look forward to the next 50 transactions!

As we kick off 2022, we wanted to take a look back to highlight some of the characteristics of the six deals from 2021 as they are representative of the services we provide:

 

“I would like to thank the Marriott & Co. team for helping to generate such a fantastic outcome for YakAttack. Their entire team impressed me every step of the way by delivering thoughtful advice, crisp process execution and a relentless work ethic. I trusted Marriott & Co. to advise me on the most important business decision of my life, and they delivered.”

– Luther Cifers, Founder and President of YakAttack
– a 2021 client of Marriott & Co.

About Marriott & Co.:

Headquartered in Richmond, Virginia, Marriott & Co. (www.marriott-co.com) is a premier, independent boutique investment-banking firm focused on advising privately-held companies across a wide variety of industries.  The firm provides merger and acquisition advisory and capital raising services primarily to family-held businesses and entrepreneurial business owners in the middle market.  Marriott & Co.’s unique entrepreneurial culture enables the firm to tailor its services to meet the needs of its clients, and the firm’s professionals have an unparalleled understanding of the challenges and opportunities facing these companies and their owners today.  By delivering senior banker attention, a high-touch approach to client service and best-in-class process execution to every assignment it undertakes, Marriott & Co. has established a long track record of closing successful transactions for clients all over the U.S.

Contact:  Justin Marriott

Phone: (804) 344-0952

justin@marriott-co.com

Marriott & Co. Serves as Exclusive Financial Advisor to Select Dental Partners

Posted on January 10, 2022

Richmond, Va. — Marriott & Co., a premier middle market investment banking firm based in Richmond, VA, is pleased to announce that it served as the exclusive financial advisor to Select Dental Partners, LLC and its affiliated companies (collectively “Select Dental” or the “Company”) in its recapitalization by Oak Dental Partners (“ODP”), a leading dental service organization (“DSO”) headquartered in Atlanta, GA.  The transaction closed on December 30, 2021.  Terms of the transaction were not disclosed.

This represented Marriott & Co.’s sixth closed transaction in 2021 and its third successful transaction in the dental industry in the past 18 months.

Select Dental is a multi-state provider of pediatric dentistry and orthodontic services with nine clinical locations in South Carolina, Georgia and Virginia, as well as a corporate headquarters office in Fort Mill, SC.  The Company operates under several brands in its various local markets, including Kids First Dental.  It was recently recognized as one of America’s fastest-growing private companies on Inc. Magazine’s “Inc. 5000” list.  Select Dental is led by Dr. Robert Ellis III who will remain in his role with the Company under the new partnership with ODP.

“Deciding which DSO to partner with was a huge decision for the future of my company, and Marriott & Co. was absolutely critical in achieving this outstanding outcome,” said Dr. Robert Ellis III, Founder and CEO of Select Dental. “The Marriott & Co. team’s performance exceeded my expectations throughout the entire process.  They are hands-on, responsive and true experts at managing an efficient transaction process.  I am beyond excited about this new partnership with ODP and cannot wait to continue the growth of our company with their expertise and assistance.”

“We are thrilled to bring Select Dental into the Oak Dental Partners family,” said Lee Provow, Founder and CEO of ODP.  “Dr. Ellis is an ideal partner with ODP who shares our purpose of positively impacting lives.  Together, we will drive continued growth for Select Dental and exceptional clinical care for our guests.”

Justin Marriott, Managing Director of Marriott & Co. said, “We are honored that Dr. Ellis provided us with the opportunity to advise Select Dental on such an important transaction.  We truly enjoyed working with him, and we are excited for him and the rest of the Select Dental team to thrive in this new partnership with ODP.”

About Select Dental Partners:

Select Dental Partners and its affiliated companies is a leading pediatric dentistry and orthodontics services provider in the Southeastern U.S.  Under the leadership of Founder and CEO Dr. Robert Ellis III, Select Dental has grown from a single location in Columbia, SC to nine clinical locations across South Carolina, Georgia and Virginia, as well as a corporate headquarters office in Fort Mill, SC.  This extraordinary growth led to Select Dental recently being recognized as one of America’s fastest-growing private companies on Inc. Magazine’s “Inc. 5000” list.  Today, the Company does business as Drs. Ellis, Green and Jenkins and Midlands Orthodontics in Columbia, SC, Columbus Kids Dentist in Columbus, GA, and operates under the Kids First Dental brand in all other locations.  For more information, visit:  www.selectdentalpartners.com.

About Oak Dental Partners:

Based in Atlanta, GA, Oak Dental Partners is a rapidly growing dental service organization (“DSO”) with several dozen affiliated dental and orthodontic practices throughout the Southeast, Mid-Atlantic and Southwest U.S.  Founded in 2015 by CEO Lee Provow as Children & Teen Dental Group, the company changed its name to Oak Dental Partners in 2021 to reflect the organization’s swift growth trajectory and decision to expand into adult and family dentistry.  ODP’s business model is to partner with established, reputable dental offices and add or bolster orthodontics, oral surgery and specialty services.  ODP’s purpose is “to support our practices in positively impacting lives by improving smiles, confidence, and overall health.”  For more information, please visit www.oakdentalpartners.com.

About Marriott & Co.:

Headquartered in Richmond, VA, Marriott & Co. (www.marriott-co.com) is a premier, independent boutique investment banking firm focused on advising privately-held companies across a wide variety of industries.  The firm provides merger and acquisition advisory and capital raising services primarily to family-held businesses and entrepreneurial business owners in the middle market.  Marriott & Co.’s unique entrepreneurial culture enables the firm to tailor its services to meet the needs of its clients, and the firm’s professionals have an unparalleled understanding of the challenges and opportunities facing these companies and their owners today.  By delivering senior banker attention, a high-touch approach to client service and best-in-class process execution to every assignment it undertakes, Marriott & Co. has established a long track record of closing successful transactions for clients all over the U.S.

Contact:  Justin Marriott

Phone: (804) 344-0952

justin@marriott-co.com

 

 

Marriott & Co. Serves as Exclusive Financial Advisor to YakAttack

Posted on December 8, 2021

Richmond, Va. — Marriott & Co., a premier middle market investment banking firm based in Richmond, VA, is pleased to announce that it served as the exclusive financial advisor to YakAttack LLC (“YakAttack” or the “Company”) in its recapitalization by L2 Capital Partners, L.P. (“L2”), a lower-middle-market private equity firm based in Devon, PA.  The transaction closed on October 21, 2021.  Salem Investment Partners and Oxer Capital provided debt financing and co-invested in the transaction.  Terms of the transaction were not disclosed.

Founded in 2009 by Luther Cifers, YakAttack is a leading designer, manufacturer and marketer of best-in-class kayak fishing accessories, including rod holders, track and mounting systems, organization and storage products, and many others.  The Company proudly manufactures its high-quality products in its headquarters facility in Farmville, VA, and sells them through retailers across the U.S., to kayak manufacturers, and also direct-to-consumers via its own website. With an expansive catalog of products uniquely designed to enable anglers to outfit and rig their kayaks with innovative solutions that optimize performance, organization, comfort and safety, YakAttack has become a branded leader in the rapidly growing kayak fishing industry.

“I am extremely excited about our new partnership with L2 Capital Partners.  L2’s track record of helping founder-led companies maximize their potential is impressive, and their core values and vision for what YakAttack can become really resonated with our team,” said Luther Cifers, Founder and President of YakAttack.  “I would like to thank the Marriott & Co. team for helping to generate such a fantastic outcome for YakAttack.  Their entire team impressed me every step of the way by delivering thoughtful advice, crisp process execution and a relentless work ethic.  I trusted Marriott & Co. to advise me on the most important business decision of my life, and they delivered.”

Justin Marriott, Managing Director of Marriott & Co. said, “It was an absolute pleasure to work with Luther, the YakAttack team and L2 Capital Partners on this transaction.  The strategic fit between YakAttack and L2 was evident from the very first meeting and only grew stronger throughout this transaction process.  I look forward to watching YakAttack flourish under this new partnership in the years to come.”

Added Bryan Burden, Managing Director of Marriott & Co., “Luther Cifers and his company YakAttack represent precisely the type of client that Marriott & Co. is built to serve – an innovative, entrepreneur-led company seeking a value-added strategic partner to assist in taking his company to the next level.  It is so gratifying to help a talented entrepreneur like Luther achieve a terrific outcome, and I know that YakAttack and L2 are going to accomplish great things together.”

About YakAttack:

Founded in 2009 by Luther Cifers, YakAttack is a leading designer, manufacturer and marketer of best-in-class kayak fishing accessories, including rod holders, track and mounting systems, organization and storage products, and many others.  The Company proudly manufactures its high-quality products in its headquarters facility in Farmville, VA, and sells them through retailers across the U.S., to kayak manufacturers, and also direct-to-consumers via its own website. With an expansive catalog of products uniquely designed to enable anglers to outfit and rig their kayaks with innovative solutions that optimize performance, organization, comfort and safety, YakAttack has become a branded leader in the rapidly growing kayak fishing industry.  For more information, please visit www.yakattack.us.

About L2 Capital Partners:

L2 Capital Partners is a lower-middle-market private equity firm that specializes in making control investments in a diverse range of family and founder-built companies with demonstrated market leadership. L2 has an impressive track record investing in business service and consumer product companies. L2 Capital adds value by closely partnering with company leadership to meet their strategic and financial goals by providing intimate operational support including a proprietary breakthrough growth framework and by accessing resources gained over 40 years of principal investing experience. For more information, please visit www.L2Capital.net.

About Marriott & Co.:

Headquartered in Richmond, VA, Marriott & Co. (www.marriott-co.com) is a premier, independent boutique investment banking firm focused on advising privately-held companies across a wide variety of industries.  The firm provides merger and acquisition advisory and capital raising services primarily to family-held businesses and entrepreneurial business owners in the middle market. Marriott & Co.’s unique entrepreneurial culture enables the firm to tailor its services to meet the needs of its clients, and the firm’s professionals have an unparalleled understanding of the challenges and opportunities facing these companies and their owners today.  By delivering senior banker attention, a high-touch approach to client service and best-in-class process execution to every assignment it undertakes, Marriott & Co. has established a long track record of closing successful transactions for clients all over the U.S.

Contact:  Justin Marriott

Phone: (804) 344-0952

justin@marriott-co.com

###

Marriott & Co. Serves as Exclusive Financial Advisor to Intracoastal Marine, Inc.

Posted on October 20, 2021

Richmond, Va. — Marriott & Co., a premier middle market investment banking firm based in Richmond, VA, is pleased to announce that it served as the exclusive financial advisor to Intracoastal Marine, Inc. (“ICM” or the “Company”) in its sale to Intra Marine Group (“Intra Marine”), a portfolio company of CoLaTenTex, a Texas based multi-family office vehicle.  The transaction closed on October 7, 2021.  Terms of the transaction were not disclosed.

Founded in 2001, ICM is a leading provider of marine transportation services and operates a fleet of Company-owned tugboats and barges.  The Company serves customers in a variety of industries including marine construction services, agricultural products and other marine transportation services.  ICM is headquartered in Chesapeake, VA and operates on the East Coast and all along the Intracoastal Waterway.

About Intracoastal Marine:

Founded in 2001, ICM is a leading provider of marine transportation services and operates a fleet of Company-owned tugboats and barges.  The Company is headquartered in Chesapeake, VA and serves customers in a variety of industries on the East Coast and all along the Intracoastal Waterway.  For more information, please visit www.icmtugs.com.

About Intra Marine Group:

Intra Marine Group serves as a platform for leading marine services providers throughout the United States, providing ready assets and highly qualified people to help its customers move product safely, efficiently and effectively. Intra Marine Group is a portfolio company of CoLaTenTex, a Texas based multi-family office vehicle.

About Marriott & Co.:

Headquartered in Richmond, VA, Marriott & Co. (www.marriott-co.com) is a premier, independent boutique investment banking firm focused on advising privately-held companies across a wide variety of industries.  The firm provides merger and acquisition advisory and capital raising services primarily to family-held businesses and entrepreneurial business owners in the middle market. Marriott & Co.’s unique entrepreneurial culture enables the firm to tailor its services to meet the needs of its clients, and the firm’s professionals have an unparalleled understanding of the challenges and opportunities facing these companies and their owners today.  By delivering senior banker attention, a high-touch approach to client service and best-in-class process execution to every assignment it undertakes, Marriott & Co. has established a long track record of closing successful transactions for clients all over the U.S.

Contact:  Justin Marriott

Phone: (804) 344-0952

justin@marriott-co.com

###

Marriott & Co. Serves as Exclusive Financial Advisor to The Corsi Group

Posted on September 14, 2021

Richmond, Va. — Marriott & Co., a premier middle market investment banking firm based in Richmond, VA, is pleased to announce that it served as the exclusive financial advisor to The Corsi Group, Inc. (“Corsi” or the “Company”) in its sale to an entity led by Mark Earl.  The transaction closed on August 31, 2021.  Terms of the transaction were not disclosed.

Founded in 1973 by Pat Corsi, The Corsi Group is a leading manufacturer and distributor of premium cabinets to customers across the U.S. under two brands, Greenfield Cabinetry and Siteline Cabinetry.  The Company is headquartered in Indianapolis, IN with an additional manufacturing facility located in Elkins, WV.

Mark Earl is a strategic leader with deep experience in product development, strategic marketing, finance, sales and marketing, and operations.  He has led companies from $20 million to $150 million in annual revenue.

“We are excited about the transaction with Mark Earl,” said Pat Corsi, Founder of The Corsi Group.  “The Corsi Group represents my life’s work and it was important to find a new owner that will continue to build upon its proud history as a leading producer of the highest quality cabinetry for customers all over the U.S.  I would like to thank the Marriott & Co. team for their hard work and professional guidance throughout the transaction process.  Their team was absolutely integral to generating such a positive result for our company.”

Justin Marriott, Managing Director of Marriott & Co. said, “We thoroughly enjoyed working with Pat and the rest of the Corsi team.  It was an honor to advise them on such an important transaction in the Company’s history.”

About The Corsi Group:

Founded in 1973 by Pat Corsi, The Corsi Group is a leading manufacturer and distributor of premium cabinets to customers across the U.S. under two brands, Greenfield Cabinetry and Siteline Cabinetry.  The Company is headquartered in Indianapolis, IN with an additional manufacturing facility located in Elkins, WV.  For more information, please visit www.thecorsigroup.com.

About Marriott & Co.:

Headquartered in Richmond, VA, Marriott & Co. (www.marriott-co.com) is a premier, independent boutique investment banking firm focused on advising privately-held companies across a wide variety of industries.  The firm provides merger and acquisition advisory and capital raising services primarily to family-held businesses and entrepreneurial business owners in the middle market. Marriott & Co.’s unique entrepreneurial culture enables the firm to tailor its services to meet the needs of its clients, and the firm’s professionals have an unparalleled understanding of the challenges and opportunities facing these companies and their owners today.  By delivering senior banker attention, a high-touch approach to client service and best-in-class process execution to every assignment it undertakes, Marriott & Co. has established a long track record of closing successful transactions for clients all over the U.S.

 

Contact:  Justin Marriott

Phone: (804) 344-0952

justin@marriott-co.com

Marriott & Co. Expands its Investment Banking Team

Posted on August 12, 2021

Richmond, Va. — Marriott & Co., a premier middle market investment banking firm based in Richmond, VA, is pleased to announce the addition of Ben Addeo as an Analyst in the firm’s Richmond headquarters.

Ben joined Marriott & Co. after previously serving as an Intern at the firm.  He recently graduated cum laude from the University of Richmond Robins School of Business where he received a Bachelor of Science degree in Business Administration with concentrations in Finance and Economics. While at the University of Richmond, Ben served as the Value Fund Manager for the Student Managed Investment Fund. He was also a member of the university’s Rugby Football Club. His other work experience includes summer analyst positions at both a Private Credit firm as well as a Wealth Management firm.

With four closed investment banking deals over the past 12 months for clients all over the U.S., Marriott & Co. continues to distinguish itself as one of the most active independent boutique investment banks in advising closely-held private companies with EBITDA between $1 to $20 million.

“We are excited to add Ben to our team and look forward to his contributions to the continued growth and success of the firm in the years to come,” said Justin Marriott, Managing Director of Marriott & Co., “The M&A market remains extremely active right now and this addition will make us even better positioned to serve our client base of family-held businesses and entrepreneurial business owners across the U.S.”

About Marriott & Co.: 

Headquartered in Richmond, VA, Marriott & Co. (www.marriott-co.com) is a premier, independent boutique investment banking firm focused on advising privately-held companies across a wide variety of industries.  The firm provides merger and acquisition advisory and capital raising services primarily to family-held businesses and entrepreneurial business owners in the middle market. Marriott & Co.’s unique entrepreneurial culture enables the firm to tailor its services to meet the needs of its clients, and the firm’s professionals have an unparalleled understanding of the challenges and opportunities facing these companies and their owners today.  By delivering senior banker attention, a high-touch approach to client service and best-in-class process execution to every assignment it undertakes, Marriott & Co. has established a long track record of closing successful transactions for clients all over the U.S.

Contact:  Justin Marriott

Phone: (804) 344-0952

justin@marriott-co.com

 

###

 

Marriott & Co. Serves as Exclusive Financial Advisor to NOVA Pediatric Dentistry & Orthodontics

Posted on May 19, 2021

Richmond, Va. — Marriott & Co., a premier middle market investment banking firm based in Richmond, VA, is pleased to announce that it served as the exclusive financial advisor to NOVA Pediatric Dentistry & Orthodontics (“NOVA PDO” or the “Company”) in its long-term management arrangement with Light Wave Dental Management (“Light Wave”), a leading dental leadership organization headquartered in Woodbridge, VA.  Light Wave is a portfolio company of Alpine Investors, a private equity investment firm based in San Francisco, CA.  The transaction closed on May 3, 2021.  Terms of the transaction were not disclosed.

Founded in 2005 by Dr. Valerie Woo, NOVA PDO is a leading pediatric dentistry and orthodontics services provider in Loudoun County, VA, the wealthiest county in the U.S.  The Company has received numerous accolades over the years, including being recognized as a Top Dentist in Northern Virginia Magazine and Washingtonian.  NOVA PDO is led by Dr. Woo as the lead pediatric dentist and Dr. Courtney Ullrich as the lead orthodontist, both of whom will remain in their roles with the Company under the new partnership with Light Wave.

“We had an amazing experience working with Marriott & Co.  They did an excellent job leading us through this process and ensuring a fantastic outcome.  Everything was streamlined and clearly communicated.  They managed the entire process with an organized, thorough, and proactive approach,” said Dr. Valerie Woo, founder and pediatric dentist at NOVA PDO, “Finding the right fit for the unique culture we have created at NOVA PDO meant teaming with a partner who shared our vision and core values.  The Marriott & Co. team was hands-on every step of the way ensuring that this objective was achieved.  We are thrilled about our new partnership with Light Wave and believe they are the perfect partner to assist in the continued growth of our practice.  We can’t thank the Marriott & Co. team enough for their invaluable expertise.”

Added Dr. Courtney Ullrich, orthodontist at NOVA PDO, “The decision to take on a partnership was one of the biggest of our career.  We are confident that, with the help and guidance of Marriott & Co., we have found the perfect partner in Light Wave.  We are now positioned for growth that will benefit our team and our community in the years to come.  Dr. Woo and I are grateful to the Marriott & Co. team.  Their broad knowledge base and unparalleled attention to detail provided us with excellent professional guidance that led to an outstanding outcome.  We truly enjoyed working with the Marriott & Co. team and could not recommend them more highly.”

Justin Marriott, Managing Director of Marriott & Co. said, “We thoroughly enjoyed working with Dr. Woo, Dr. Ullrich and the rest of the NOVA PDO team, and we are grateful that they entrusted us to advise them on such an important transaction.”

About NOVA Pediatric Dentistry & Orthodontics:

Located in fast-growing Loudoun County, VA, NOVA Pediatric Dentistry & Orthodontics (www.novasmilestogether.com) is a leading pediatric dentistry and orthodontics services provider, providing both traditional braces and Invisalign.  With a dedicated and long tenured team of over 20 employees, NOVA PDO has developed a loyal and growing patient base located across the metropolitan Washington D.C. area since its founding in 2005.

About Light Wave Dental Management:

Headquartered in Woodbridge, VA, Light Wave Dental Management (“Light Wave”) is a leading dental leadership organization with over 40 affiliate locations in Virginia, North Carolina and South Carolina.  Light Wave is solving the big problems in dentistry: retirement, management, reimbursements, and partnership by providing the benefits of group dentistry while preserving the essence of private practice.  Light Wave is a portfolio company of Alpine Investors, a private equity investment firm based in San Francisco, CA.  For more information, visit: www.lightwavedental.com.

About Marriott & Co.:

Headquartered in Richmond, VA, Marriott & Co. (www.marriott-co.com) is a premier, independent boutique investment banking firm focused on advising privately-held companies across a wide variety of industries.  The firm provides merger and acquisition advisory and capital raising services primarily to family-held businesses and entrepreneurial business owners in the middle market. Marriott & Co.’s unique entrepreneurial culture enables the firm to tailor its services to meet the needs of its clients, and the firm’s professionals have an unparalleled understanding of the challenges and opportunities facing these companies and their owners today.  By delivering senior banker attention, a high-touch approach to client service and best-in-class process execution to every assignment it undertakes, Marriott & Co. has established a long track record of closing successful transactions for clients all over the U.S.

 

Contact:  Justin Marriott

Phone: (804) 344-0952

justin@marriott-co.com

 

###

Marriott & Co. Serves as Exclusive Financial Advisor to Cherrystone Family Camping Resort

Posted on March 10, 2021

Richmond, Va. — Marriott & Co., a premier middle market investment banking firm based in Richmond, VA, is pleased to announce that it served as the exclusive financial advisor to Cherrystone Family Camping Resort (“Cherrystone” or the “Company”) in its sale to Sun Communities, Inc. (NYSE: SUI) (“Sun”), a publicly-traded real estate investment trust (“REIT”) that invests in manufactured housing communities, RV resorts and marinas.  The transaction closed on March 9, 2021.  Terms of the transaction were not disclosed.

Family owned, operated, and developed by the Ballard family since its opening in 1964, Cherrystone has positioned itself as an exceptional campground not only on Virginia’s Eastern Shore, but on the entire East Coast.  Cherrystone is situated on over 300 acres on the Chesapeake Bay in Cape Charles, VA and has been a camping favorite for generations of guests.

“Selling Cherrystone was not a decision that was made lightly, but I’m confident it was the right one,” said Chad Ballard, III, former President and Owner of Cherrystone, “Finding a buyer willing to put the same dedication and care into the park that we have in the past was at the top of our priority list, as well as someone who was committed to caring for the employees and guests.  In Sun, we are confident we have found the right person to continue to operate and invest in Cherrystone, its people, and the Eastern Shore community.”

Justin Marriott, Managing Director of Marriott & Co. said, “We are honored that Chad entrusted us with the opportunity to advise Cherrystone on such an important transaction.  The Company has such a long and proud history, and the transaction with Sun further strengthens Cherrystone’s position as the premier destination for RV campers for generations to come.”

“It was an absolute pleasure working with Chad and the rest of the Cherrystone team,” said Bryan Burden, Managing Director of Marriott & Co., “This is a fantastic outcome for all parties involved.”

Added Chad Ballard, “I would like to thank the Marriott & Co. team for managing such a professional and efficient process.  Cherrystone has been owned by my family for multiple generations, so it was important that we felt comfortable with who was guiding us through the sale process.  The Marriott & Co. team delivered every step of the way.  They were hands-on, highly responsive and critical to achieving this successful transaction.”

About Cherrystone Family Camping Resort:

Located in Cape Charles, VA, Cherrystone Family Camping Resort (www.cherrystone.com) is a leading RV camping resort featuring nearly 700 sites situated on over 300 acres on the Chesapeake Bay and has been a camping favorite for multiple generations of guests.  The campground’s many features include camping cabins, on-site camper rentals, five swimming pools, four fishing piers, a well-stocked general store and bait and tackle shop, and a beautiful beach.  Family owned, operated, and developed since its opening on Mother’s Day weekend in 1964, Cherrystone has positioned itself as an exceptional campground not only on Virginia’s Eastern Shore, but on the entire East Coast.  With unparalleled guest satisfaction and return camper rates, guests routinely rave about not only the location and amenities, but the employees that make their vacations so memorable with their genuine smiles and unmatched work ethic.

About Sun Communities, Inc. (NYSE: SUI):

Sun Communities, Inc. (NYSE: SUI) is a fully integrated real estate investment trust (“REIT”) that has been in the business of acquiring, operating, developing and expanding manufactured home (“MH”) and RV communities since 1975.  Sun acquired Safe Harbor and its portfolio of marinas in October 2020.  Through Safe Harbor, Sun also owns, operates, develops and manages marinas throughout the U.S.  As of December 31, 2020, Sun owned and operated or had an interest in a portfolio of 552 MH communities, RV resorts and marinas located in 39 states throughout the U.S. and Ontario, Canada, including 276 MH communities, 136 RV resorts, 34 properties containing both MH and RV sites, and 106 marinas.  The properties contained an aggregate of 188,176 developed sites as of December 31, 2020.  For more information, please visit:  www.suncommunities.com.

About Marriott & Co.:

Headquartered in Richmond, VA, Marriott & Co. (www.marriott-co.com) is a premier, independent boutique investment banking firm focused on advising privately-held companies across a wide variety of industries.  The firm provides merger and acquisition advisory and capital raising services primarily to family-held businesses and entrepreneurial business owners in the middle market. Marriott & Co.’s unique entrepreneurial culture enables the firm to tailor its services to meet the needs of its clients, and the firm’s professionals have an unparalleled understanding of the challenges and opportunities facing these companies and their owners today.  By delivering senior banker attention, a high-touch approach to client service and best-in-class process execution to every assignment it undertakes, Marriott & Co. has established a long track record of closing successful transactions for clients all over the U.S.

Contact:  Justin Marriott

Phone: (804) 344-0952

justin@marriott-co.com

Next Page »

Archives