We recently hired Houlihan Smith & Company to represent our interests and I have been impressed with the high-level of professional service, specifically that of Mr. McGaugh who was very instrumental in structuring the deal
Chicago/Elma, WA (Vocus) June 15, 2010
Houlihan Smith & Company, Inc. ("Houlihan") acted as the exclusive financial advisor in arranging a minority equity investment for its client Suplay Products, Inc. dba Wrestler’s World (“Suplay”), it was announced today by Charles Botchway, Group Managing Director and Vice Chairman of Houlihan. The minority equity investment was made by Iowa-based Hopkins Sporting Goods (“Hopkins”). Terms were not disclosed. The transaction was led by Houlihan Managing Director Reginald McGaugh.
“We recently hired Houlihan Smith & Company to represent our interests and I have been impressed with the high-level of professional service, specifically that of Mr. McGaugh who was very instrumental in structuring the deal,” said Gary Frey, majority shareholder and CEO of Suplay. “He was able to articulate our needs and manage the expectations of all parties.”
“We look forward to our continued involvement with Suplay and Hopkins Sporting Goods as we further explore opportunities in the market,” said Mr. McGaugh.
About Suplay Products, Inc.
Suplay is a leading supplier of a full range of equipment, apparel, and accessories required by amateur wrestlers across the U.S. and around the world. Suplay primarily targets the parents of elementary and high school age youths competing on school-sponsored wrestling teams and independent clubs, along with coaches and team officials, league organizers, and other distributors.
About Hopkins Sporting Goods
Hopkins is a locally-owned business based in Des Moines, Iowa. With deep roots in the local community, Hopkins has been a leading provider of sports equipment and uniforms throughout the region and state since 1892. Hopkins carries high quality equipment for major sports including baseball, softball, basketball, boxing, football, running, soccer and volleyball.
Houlihan Smith & Company, Inc.:
Houlihan Smith & Company, Inc. is recognized as a leading provider of financial opinions, financings, mergers & acquisitions advisory, operational improvement and restructuring advisory, and other corporate advisory services for public and private businesses. Founded in 1996, The Houlihan Firm is synonymous with deal-making expertise and leadership in valuation as well as fairness issues. The Houlihan Firm’s experienced professionals provide services for businesses around the globe from offices in Chicago, New York, Los Angeles, Toronto, London, and Accra.
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