As a boutique investment bank, closings are a big deal. I'm proud that the Pritchard Griffin team had two closings this
past week. On April 5th, the Integrity Slickline Services (www.islickline.com) divestiture was closed with SOC Partners, a strategically motivated acquirer. SOC operates other OFS companies and, through the acquisition of Integrity, is well-positioned to create bi-lateral revenue enhancing synergies in the Marcellus - SOC's home market and one in which Integrity is rapidly growing. Special thanks to Integrity CEO Brandon Parker and the SOC leadership team - Matt Brewer and Michael Ulam.
Our other closed deal was Mana Supply's (www.manasupply.com) acquisition of Phoenix Corporation on April 7. This deal serves a platform for one of Maryland's most successful cannabis companies to expand into Colorado. Mana will open its first dispensary in Denver in May. Huge congrats to co-founders CJ Jensen and Matt Volz and shoutout to our Executive Advisor Phil Halpern for his guidance and initial identification of Phoenix as an acquisition target.
To learn more about both deals, checkout the News section at www.pritchardgriffin.com.
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