FOR IMMEDIATE RELEASE
Combination creates preeminent M&A firm serving the Southeast
Richmond, VA – (September 19, 2011) – Transact Capital, a Richmond based business brokerage and merger & acquisitions firm serving small to middle market businesses, today announced the acquisition of the majority assets of Alpha Omega Capital Partners (AOCP) through an Asset Purchase Agreement effective immediately. Alpha Omega Capital Partners is a leading middle market investment bank mainly serving the Southeast and Mid-Atlantic regions. The combined firm will have offices in Richmond VA, Orlando FL and Lexington KY. Steve Zacharias, founder and managing partner of Transact Capital Partners, will lead the merged firm under its new name Transact Capital, Inc. Tony Vincent, founder and President of Alpha Omega, will become a Managing Director of Transact Capital. All existing employees of AOCP will all be retained. Acquisition price for the transaction was not disclosed.
“By bringing together these two well established business brokerage and investment banking firms, the combined entity will leverage the best resources and talents of each firm to serve its clients at the highest level, dramatically broadening its geographic reach and overall transaction capabilities,” said Steve Zacharias, Founder and Managing Partner of Transact Capital. “We will continue our focus on companies of middle market size and below, and will not be competing with the larger investment banks. We are convinced that this market niche is hugely underserved and we plan to continue offering the highest level of professional service to those business owners.”
Tony Vincent, President of Alpha Omega Capital Partners, commented, “Transact Capital Partners is one of the highest regarded and trusted firms in the Virginia area serving small to mid-market businesses, and combined with our brand recognition and capabilities in the Southeast, I believe we will be the preeminent business brokerage and investment banking firm in the region serving this market. I am pleased to be part of the leadership team going forward. Our entire team is excited about the change and the expanded resources it will provide”
Transact Capital will be headquartered in Richmond at the existing offices of Transact Capital Partners.
About Transact Capital:
Richmond, VA based Transact Capital is a premier M&A and business brokerage firm that offers expertise in the areas of business mergers and acquisitions, valuation and equity recapitalizations. Transact’s sell-side representation is primarily throughout Virginia and the Mid-Atlantic region while their acquisition searches take them across the U.S. and abroad. Transact’s team combines decades of transaction-related experience and professionalism with hands-on attention to detail for those small to mid-cap privately-held businesses having revenues of $1 million to $50 million.
About Alpha Omega Capital Partners:
AOCP is an independent investment banking firm focused on the needs of privately held companies with less than $100 million in revenues. With offices located in Richmond VA, Orlando FL, and Lexington KY, AOCP has completed over 100 transactions since 1999. The seasoned AOCP team brings extensive experience in running, acquiring, and selling private companies or divisions of public companies. The firm has also helped many business owners explore alternative exit strategy opportunities and prepare their businesses for sale.
To learn more about Transact Capital, please call Steve Zacharias at 804-323-6868 ext. 102 or send an e-mail to Steve at steve@transactcapital.com.
