LockeBridge Wins “Consumer Services Deal of the Year”.

16 Dec

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FOX Business Network Anchors, Jenna Lee and Brian Sullivan presented the award for “Consumer Services M&A Deal of the Year” to LockeBridge for their participation as exclusive investment bankers in the sale of Veterans Transportation Services.

Recognized as the Academy Awards of the Investment Banking Industry, on December 15th The M&A Advisor named the winners of the prestigious M&A Advisors’ awards. Held at the historic Hudson Theatre on Broadway, over 200 firms were in attendance.

After winning the coveted “Deal Maker of the Year” award in 2006 and being nominated as a finalist for 5 additional awards since then, the unique LockeBridge business model has repeatedly been validated as offering extremely advantageous benefits to owners operating companies in the middle market. The LockeBridge Model of offering extraordinary expertise to lower middle market companies, a sector which generally cannot access such high end expertise, without requiring any engagement fees or retainers is quite unusual. The completion of the Veterans Transportation deal, led by Mr. Tyler Block, was exemplary of the seasoned advisory services provided to all LockeBridge clients.

According to Mr. Scott Waxler, LockeBridge Managing Partner: “The LockeBridge success rate is approximately three times higher than the industry’s average. This high success rate enables LockeBridge to assume the financial risk of bringing the Client to market through our no engagement fee or retainer policy. With this policy the objective of the client and those of LockeBridge are completely aligned. It’s a business model that is difficult to execute but has proven to be quite successful for us. In fact, I don’t know of any other firm in the country that offers top tier advisory services to the middle market while not charging any retainer fees.”

According to Roger Aguinaldo, CEO and Publisher of The M&A Advisor, “The response to our call for nominations this year was overwhelming. Considering the current state of the economy and the financial crisis, receiving almost 400 nominations for excellence in middle-market M&A transactions is a true testament to the positive things still happening on Wall Street today.”

The Middle-Market M&A Awards honors firms whose transactions in deal sizes between $10 million and $1 billion set the standard for the industry. An independent body of experts that span the M&A industry determine the ultimate recipients of the award.

For a complete list of finalists and winners visit www.maadvisor.com.