ACG Atlanta Announces Heritage Growth Partners Investment in East West Manufacturing as One of the Deals of the Year
Staff Report From Metro Atlanta CEO
Wednesday, November 8th, 2017
The Atlanta Chapter of The Association for Corporate Growth, 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:
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Luminate Sale of PDI to TA
Nominated by ACG Atlanta
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Paymetric acquired by Vantiv
Nominated by Merrill Corporation
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Eversheds/Sutherland transatlantic merger
Nominated by ACG Atlanta
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The Coca-Cola Company’s Southwest Operating Unit refranchising
Nominated by King & Spalding
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Heritage Growth Partners investment in East West Manufacturing
Nominated by Heritage Growth Partners
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Brightree acquired by ResMed
Nominated by Croft & Bender
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United PF Partners LBO of 5 separate Planet Fitness Franchisees
Nominated by Eagle Merchant Partners