BB&T Capital Markets Serves as Exclusive Financial Advisor to Radix Wire in its sale to High Road Capital Partners
On October 31, 2018, Wire Holdings, LLC d/b/a Radix Wire (“Radix” or the "Company"), a portfolio company of Hunter Valley Company (“Hunter Valley”) and The Vitruvian Group (“Vitruvian”), was acquired by High Road Capital Partners (“High Road”). BB&T Capital Markets served as the exclusive financial advisor to Radix.
About the Companies
Headquartered in Euclid, OH, Radix is a leading manufacturer of highly engineered wire and cable solutions that provide superior performance for high temperature, mission‐critical applications. The Company’s proprietary blends of specialty materials give its products superior performance characteristics across a diverse range of industrial, consumer, manufacturing, communication, and fire protection applications, among others.
Hunter Valley Company was founded in 2012 by Owen Colligan. Hunter Valley invests in niche manufacturing companies, value-added distributors and business services companies based primarily in the Midwestern United States.
Founded in 2012 by Victor and JJ Scaravilli, two former construction industry executives, The Vitruvian Group is a Cleveland-based holding company formed to acquire, build and hold regional industrial manufacturing and distribution companies.
High Road Capital Partners is a private equity firm focused on smaller middle market transactions. High Road was formed in 2007 and has raised over $470 million of committed capital since inception. High Road focuses on niche-leading companies with revenues of $10 million to $100 million and EBITDA of $3 million to $10 million. Once acquired, High Road works in partnership with management to take the companies to the next level through a combination of organic growth initiatives and add-on acquisitions.
Commercial & Industrial
The BB&T Capital Markets Commercial & Industrial Group provides clients with industry expertise and exceptional transaction execution. We offer M&A advisory, capital raising and corporate banking services for a variety of sectors, including building products & materials; commercial & consumer durables; industrial manufacturing and distribution; and outsourced commercial and industrial services.
About BB&T Capital Markets
BB&T Capital Markets offers an integrated platform of equity and debt underwriting, M&A advisory, corporate banking, and sales and trading. Headquartered in Richmond, VA, with offices throughout the US, we have specific expertise within 10 distinct industry verticals including Automotive Aftermarket; Commercial & Industrial; Education; Energy; Financial Services; Food & Agribusiness; Healthcare; Logistics & Transportation Services; Real Estate; and Retail & Consumer. Our commitment to industry expertise, combined with our resources as one of the nation's strongest financial institutions, strategically positions BB&T Capital Markets to build lasting relationships and contribute measurably to the long-term success of our clients.