BRS Completes Recapitalization of MWI Veterinary Supply
NEW YORK, June 18, 2002 - Bruckmann, Rosser, Sherrill & Co. ("BRS") announces the completion of a recapitalization of MWI Veterinary Supply ("MWI" or the "Company"). The recapitalization is designed to provide the Company with significantly more capital to continue to grow its business. MWI Chief Executive, Jim Cleary, stated, "We are excited by the opportunity to partner with BRS, a private equity firm with significant experience in the area of drug distribution". MWI is a...
Head & Engquist L.L.C and ICM Equipment L.L.C Announce Merger and Refinancing
NEW YORK, June 17, 2002 -- Head & Engquist L.L.C. ("H&E") and ICM Equipment L.L.C. ("ICM") are pleased to announce that they have merged to form H&E Equipment Services L.L.C. ("H&E Equipment" or the "Company"). The merger was consummated concurrently with the refinancing of the Company through the syndication of a $150 million Credit Agreement, the issuance of $200 million of Senior Secured Notes and the issuance of $53 million of Senior Subordinated Notes. The merger...