BRS Realizes Distribution through Recapitalization of Seroyal
NEW YORK, July 10, 2007 – Bruckmann, Rosser, Sherrill & Co., LLC (BRS), announced today a distribution to investors resulting from the recapitalization of Seroyal. Seroyal, based in Richmond Hill, Ontario, is a leading marketer and distributor of nutritional supplements and homeopathic remedies to health care practitioners throughout the Canada and the U.S. BRS acquired Seroyal in partnership with management in December 2004. The recapitalization resulted in a distribution equivalent to 59% of BRS’s original...