MIAMI - September 21, 2021 - (Newswire.com) Blaige & Company announced today the sale of Crawford Industries, LLC ("Crawford" or the "Company") to Spartech, LLC ("Spartech"), a portfolio company of The Jordan Company, L.P. ("TJC"). The Company was advised by Blaige & Company on the transaction. The terms of the transaction were not disclosed. Crawford, headquartered in Crawfordsville, Indiana, is a leading value-added vertically integrated digital printer and converter of rigid plastic packaging and specialty components for the medical/veterinary, food, office/promotional, and signage markets with a successful history spanning over six decades. Founded by Ken Crawford in 1959, its current owners acquired the Company in 1999, and effectively grew through subsequent acquisitions in 2002 (Acco Brands, Inc. Polyblend division) and in 2005 (VTS Imperial Plastic Sheet Corp subsidiary of British Vita PLC). These further expanded Crawford's graphic sheet extrusion business and added a second plant located in Thomasville, Georgia. The Company prides itself on its depth of operations thanks to its vertical integration, as well as quick-turnaround, engineering and design creativity, attention to detail, sustainability of novel branded substrates, and durability of the end products. Management believes that the Company has a unique combination of products and a full range of capabilities rarely found in its industry. Spartech, headquartered in St. Louis, Missouri, with a unique innovation center and 14 manufacturing facilities located throughout the United States, is a leading plastics manufacturer of engineered thermoplastic materials and specialty rigid packaging products, meeting exacting standards for everything from food and healthcare packaging, including sustainable solutions, to aerospace, medical devices, protective barriers, and automotive applications. Crawford co-CEO Kendall Faulstich commented on the transaction. "We were seeking the perfect strategic partner with which to grow Crawford for another 20+ years. Our team began working with the Blaige team over two decades ago, brainstorming the best path to follow to build strategic value. Their ability to position Crawford's strengths and then use their industry network to expose us to the best potential partners definitely led to both a maximization of the certainly to close and to exceeding our value expectations." Crawford co-CEO David Sullivan commented on the transaction. "Entering the M&A market in a pandemic environment posed incremental challenges to achieving a successful result. We are proud that our M&A advisor provided the guidance and expertise to help us chart a course and navigate to reach our goal." Blaige & Company CEO Thomas Blaige commented on the transaction. "It was a pleasure to work with George, Kendall, Dave, Jim, and the entire Crawford team, which truly exhibited the capabilities and sophistication of a much larger organization. Spartech will benefit greatly from adding a top-notch organization and a business which possesses a very unique value-added business model, further enhanced by the successful adoption of digital printing technology." TJC, headquartered in New York, is a middle-market private equity firm that has managed funds with original capital commitments in excess of $17 billion since 1987 and a 39-year track record of investing in and contributing to the growth of many businesses across a wide range of industries including Consumer & Healthcare; Industrials; Technology, Telecom & Utility; and Transportation & Logistics. The senior investment team has been investing together for over 20 years and it is supported by the Operations Management Group, which was established in 1988 to initiate and support operational improvements in portfolio companies. Blaige & Company, with offices in Miami and Chicago, is an investment bank dedicated exclusively to the packaging, plastics, and chemicals industries. The Blaige team has over 30 years of transaction experience, has completed over 200 transactions, and has visited over 600 packaging, plastics, and chemical operations all over the world. Blaige M&A deal research sets the industry standard. On average, Blaige & Company's proprietary research department compiles and analyzes over 500 worldwide packaging, plastics, and chemical industry transactions annually. Recently, London-based magazine Acquisition International named Mr. Blaige "Sector Focused C.E.O. of the Year" and Blaige & Company "Sector Focused Investment Bank of the Year." For more information, please contact: Thomas E. Blaige, Chairman & CEOtblaige@blaige.com Howard S. Cohen, Managing Directorhcohen@blaige.com Chicago:One Magnificent Mile980 North Michigan Avenue, Suite 1350Chicago, Illinois 60611+1 (312) 337-5200 Miami:Brickell Arch Plaza1395 Brickell Avenue, Suite 800Miami, Florida 33131 Press Release Service by Newswire.com Original Source: Blaige Completes Sale of Crawford Industries to Spartech, a Portfolio Company of The Jordan Company
James Teal Presents A Hispanic Heritage Month String Quartet Performance of Latin Music at Alexander Avenue and Bruckner Blvd, Bronx, NY on October 2nd as Part of Award ProgramBRONX, N.Y. & NEW YORK - Sept. 21, 2021 - PRLog -- New York, NY – Multifaceted Violinist, James Teal, is one of 3,000 New York City-based artists to receive $5,000 through the City Artist Corps Grants program, presented by The New York Foundation for the Arts (NYFA) and the New York City Department of Cultural Affairs (DCLA), with support from the Mayor's Office of Media and Entertainment (MOME) as well as Queens Theatre.James Teal was recognized for his passionate renditions of Top 40 and Latino music performed on his electric violin, and he plans to bring the same passion from his solo performances to his String Quartet performance on Alexander Avenue at Bruckner Blvd. in the South Bronx neighborhood of New York on October 2nd, 2021, from 2-4pm.The pieces to be performed are new String Quartet arrangements of popular Puerto Rican songs by artists such as Marc Anthony, Rafael Hernández Marín, Noel Estrada, and Bad Bunny. These brand new commissioned pieces will be performed by James' newly formed Latin Music String Quartet comprised of James Teal on violin, Jocelyn Rosado on 2nd violin, Brianne Lugo on viola, and David Hincapie on cello. The pieces are arranged for the String Quartet by Raymond Florentino, a Dominican-American composer and cellist who grew up in the Bronx; and James Acampora, an Italian-American composer and cellist, from Long Island, NY.Over the course of three award cycles, more than 3,000 artists will receive $5,000 grants to engage the public with artist activities across New York City's five boroughs this summer and fall. Artists can use the grant to create new work or phase of a work, or re-stage preexisting creative activities across any discipline.Members of the public can participate in City Artist Corps Grants programming by following the hashtag #CityArtistCorps on social media.City Artist Corps Grants was launched in June 2021 by NYFA and DCLA with support from the Mayor's Office of Media and Entertainment (MOME) as well as Queens Theatre. The program is funded by the $25 million New York City Artist Corps recovery initiative announced by Mayor de Blasio and DCLA earlier this year. The grants are intended to support NYC-based working artists who have been disproportionately impacted by COVID-19. It is strongly recommended that a portion of the grant be used to support artist fees, both for the applying artist and any other artist that are engaged to support the project.ContactJames Tealemail@example.comPhotos: (Click photo to enlarge) Read Full Story - Electric Violinist, James Teal Recognized With $5,000 City Artists Corps Grant From NY Foundation For The Arts & The NYC Dept Of Cultural Affairs | More news from this sourcePress release distribution by PRLog
Built for a business titan in the 1920s, Ocean Castle estate with 8.2 acres and 500 feet of Atlantic Ocean frontage is ready for its next chapter. 840 Meadow Lane, Southampton, New York 840 Meadow Lane, Southampton, New York SOUTHAMPTON, N.Y. - September 21, 2021 - (Newswire.com) The storied Southampton estate known as Ocean Castle gets its name from its turrets and sheer size—19,000 square feet with more than eight acres and 500 feet of prime frontage on the Atlantic. But anyone who has gaped at its sprawling series of wings, nooks and entrances likens it more to a medieval European village. Businessman William F. Ladd commissioned Peabody, Wilson, and Brown architects to design his dune-nestled vision, completed in time for the summer season in 1929. For their Francophile client, they emulated the Gallic countryside with a concrete composite exterior fashioned to mimic the native, building stone found throughout its northern coastal regions like Normandy. The trompe l'oeil created buzz in the American design world at the time. Rust-red roof tiles, manufactured in Colorado of all places, also celebrate provincial France. Today's developers dream of sourcing Ocean Castle's oak half-timber work used for its exterior embellishment and cathedral ceiling's rafters in the living room; naturally weathered at the bottom of a lake, the wood's further exposure to the elements after it was installed ensures timeless quality and character that one doesn't come across too often. Rambling rooms—30 in total—surprise and delight with their unexpected details. One boasts a 17-foot-high ceiling, while another's windows form the shape of a ship's bow. Innovative design features include the dining porch's system to raise and lower plate glass windows and screens to enjoy ocean breezes on pleasant days. Previous owners have added other amenities throughout the years. The heated, gunite pool spans 48 feet with an attached spa pool. There are also a tennis court, fitness center, sauna and game rooms that conjure childhood trips to Coney Island. The attached staff quarters are conveniently located to the west of the garage bays and accessible from the service driveway. Everything else is located under one roof. Fifteen bedrooms include seven with ocean views and four for staff. Mrs. Ladd's original bedroom features knot-free white pine rafters to complement its soaring, floor-to-roof open plan. Though some of the home's rare design elements are destined to be keepers, new owners will most likely want to create their own vision just as Mr. Ladd did. Whether faithfully restored or slated for a full renovation in a whole new direction, Ocean Castle's story is to be continued. 840 Meadow Lane, Southampton, N.Y., is listed for $75,000,000. See the video here... See the listing here… Related Files 840-meadow-lane-southampton-4.jpeg 840-meadow-lane-southampton-20.jpeg Press Release Service by Newswire.com Original Source: Tim Davis Presents: A Storybook Castle in Southampton, New York.
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