East West is proud of our past growth and excited about what the Heritage Growth Partners recapitalization will mean for our company’s future, especially regarding acquisition initiatives,” said Scott Ellyson, CEO, East West Manufacturing.
ATLANTA (PRWEB) November 07, 2017
The Atlanta Chapter of The Association for Corporate Growth® (ACG), a global professional organization with the mission of Driving Middle-Market Growth®, recognized Heritage Growth Partners' investment in East West Manufacturing as one of the 2017 Deals of the Year Awards, acknowledging transactions completed from January 2016 through June 2017 that had a significant effect on business in Georgia. ACG Atlanta presented the awards on November 2nd at the Atlanta History Center.
“The deals being honored this year exemplify ACG’s focus on growth and demonstrate the strength and significance of the deals made with Georgia based companies and investors,” said Danielle Cheung, 2017 Deals of the Year chair. “Our finalists achieved the highest performance and deal execution standards, representing the best of our highly qualified nominees this year.”
Nominees were required to submit transaction details. ACG’s judging panel, consisting of the areas corporate development executives, reviewed and ACG Atlanta verified the nominations. Deals were based on, but not limited to, the following criteria: potential economic development impact, strategic sectors for our ACG Chapter areas, product of service with potential for significant local and global impact, involvement of Georgia investors, executives, and serial entrepreneurs.
Describing East West at the Deal of the Year celebration, ACG said: “Despite its rapid growth since its founding and its global presence, including significant operations in India, Vietnam, China and New Zealand, East West remains an Atlanta company with its headquarters and distribution center based here. They are on track to generate over $100 million of revenue this year.”
“East West is proud of our past growth and excited about what the Heritage Growth Partners recapitalization will mean for our company’s future, especially regarding acquisition initiatives,” said Scott Ellyson, CEO, East West Manufacturing.
The 2017 ACG Atlanta Deals of Year Award Winners were:
- Luminate Sale of PDI to TA
Nominated by ACG Atlanta
- Paymetric acquired by Vantiv
Nominated by Merrill Corporation
- Eversheds/Sutherland transatlantic merger
Nominated by ACG Atlanta
- The Coca-Cola Company’s Southwest Operating Unit refranchising
Nominated by King & Spalding
- Heritage Growth Partners investment in East West Manufacturing
Nominated by Heritage Growth Partners
- Brightree acquired by ResMed
Nominated by Croft & Bender
- United PF Partners LBO of 5 separate Planet Fitness Franchisees
Nominated by Eagle Merchant Partners
About East West Manufacturing
East West is a leading Atlanta-based design services and global contract manufacturer for original equipment manufacturers and distributors throughout the United States and Europe. With operations in Vietnam, China and India, the company utilizes transparent supply chain, on-site quality control and logistics systems to provide its customers with superior products and competitive cost advantages. Founded in 2001, East West’s U.S.-based management combined with its international capabilities reduces the risks and complexities of global manufacturing for its customers. For more information please visit: http://www.ewmfg.com.
About Heritage Growth Partners LLC
Heritage Growth Partners LLC is an Atlanta-based private, multi-family investment office creating long-term value for its family investors and company management team partners. Heritage takes an active approach to investing, with the goal of accelerating growth and performance through financial, strategic and operational assistance and increasing access to key customers and decision makers. For more information visit: http://www.heritage-growth.com.
About ACG Atlanta
The Association for Corporate Growth (ACG) comprises more than 14,500 members from corporations, private equity, finance, and professional service firms representing Fortune 500, Fortune1000, FTSE 100, and mid-market companies in 59 chapters in North America and Europe. Founded in 1974, ACG Atlanta is one of the oldest and most active chapters, providing the area's executives and professionals a unique forum for exchanging ideas and experiences concerning organic and acquisitive growth. Programs include Atlanta ACG Capital Connection, The Georgia Fast 40 Honoree Awards and Gala, a Wine Tasting Reception, a Deal of the Year event as well as an active Women’s Forum and Young Professionals group. For more information, visit: acgatlanta.org or connect with ACG Atlanta via Facebook, LinkedIn and Twitter.