Has Received an Investment From
Bad Boy, Inc.
Headquartered in Batesville, Arkansas, Bad Boy is a leading manufacturer of high-performance zero-turn riding lawn mowers. Since its founding in 1998, Bad Boy has operated as a founder-owned business. Bad Boy enjoys a leading brand in the lawn care industry with its lineup of commercial-quality residential mowers and professional grade commercial mowers. Bad Boy sells its mowers across an expanding base of independent dealers and leading outdoor retailers.
The Sterling Group
Founded in 1982, The Sterling Group is a private equity investment firm that targets controlling interests in basic manufacturing, distribution and industrial services companies. Typical enterprise values of these companies range from $100 million to $750 million. Sterling has sponsored the buyout of 55 platform companies and numerous add-on acquisitions for a total transaction value of over $10.0 billion. Currently, Sterling has over $2.0 billion of assets under management.
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Astara Capital Partners Has Acquired Del-Air Heating, Air Conditioning & Refrigeration. Stephens served as exclusive financial advisor to Astara Capital Partners (“Astara”) on the Transaction
Kimbell Royalty Partners, LP prices Its follow-on offering. Stephens served as co-manager on the offering.
Executive Network Partnering Corporation And Grey Rock Investment Partners Have Entered Into A Definitive Agreement To Complete A Business Combination. Stephens served as financial advisor to ENPC and provided a fairness opinion to its Board of Directors in the transaction.