Posts in News Articles
THE DEAL - VMG

Private equity, which has long prized fixed-service contracts and break/fix businesses in the red-hot HVAC market, is seeing the benefits of backing businesses offering upgrades and replacement work as U.S. commercial buildings enter a retrofit cycle.

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CITY BIZ - VMG

Slate Capital Group, a private equity investment group invests in Vertical Mechanical Group (VMG), a full-service HVAC and Plumbing contractor specializing in large scale commercial projects.

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MARYLAND DAILY RECORD - CDM

Slate Capital Group, a private equity investment group with offices in Baltimore, Nashville, Tennessee, and Cincinnati that partners with lower-middle market companies, Wednesday acquired Cumberland Diversified Metals, a leading value-added distributor and broker of specialty metals.

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CITY BIZ - CDM

Slate Capital Group, a private equity investment group based in Baltimore, Nashville, and Cincinnati that partners with lower-middle market companies, announced today its acquisition of Cumberland Diversified Metals, a leading value-added distributor and broker of specialty metals.

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CINCINNATI BUSINESS COURIER

An East Coast private equity firm has made Cincinnati one of its first markets for expansion with a new office. Slate Capital Group, based in Baltimore, Md., is expanding with its first locations outside its home market by adding offices in Cincinnati and Nashville, Tenn.

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MERGERS & ACQUISTIONS

Slate Capital Group, a private equity investment firm, has expanded to the Midwest with new presences in Nashville and Cincinnati. Parker Davis, Erik Ginsberg and Rick Corcoran will manage the Baltimore, Nashville and Cincinnati offices, respectively.

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CITY BIZ

Slate Capital Group, a private equity investment firm that partners with lower-middle market companies, announced today its expansion to the Midwest with new local presences in Nashville, TN and Cincinnati, OH. Parker Daviswill manage the Baltimore office, where Slate was established in 2004. Erik Ginsberg and Rick Corcoran will manage the Nashville and Cincinnati offices, respectively.

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PE PROFESSIONAL

Slate Capital Group invests in Eastern US-based companies that have annual cash flow of $3 million to $15 million. Sectors of interest include business services, specialty retail, healthcare services, distribution and light manufacturing. The firm was founded in 2004 by Rick Corcoran and Erik Ginsberg and is headquartered in Baltimore, MD (www.slatecap.com).

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MERGERS & ACQUISITIONS

Baltimore private equity firm Slate Capital Group is buying Broadcast Sports Inc. from L-3 Communications (NYSE: LLL).
Broadcast Sports, headquartered in Hanover, Maryland, provides wireless technology and communication services for sports television broadcasting, including the Olympics, Daytona 500 and the America's Cup. Terms of the deal were not disclosed. The company will operate as Broadcast Sports International LLC after the transaction closes.

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THE WALL STREET JOURNAL

Slate Capital Group said it acquired Broadcast Sports Inc., a provider of wireless technology and communications systems services for use in the field of sports television broadcasting, from New York-based defense contractor L-3 Communications Holdings Inc.

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