/PRNewswire/ Parcrest Advisors ("Parcrest") served as the exclusive investment banking advisor to 3D Car Care ("3D" or the "Company") on its strategic.
Parcrest Advisors Successfully Completes Industrial Distribution Transaction with Commercial Energy Specialists Receiving a Strategic Investment from Turning Basin Capital
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JUPITER, Fla., April 20, 2021 /PRNewswire/
Parcrest Advisors ( Parcrest ) served as the exclusive investment banking advisor to Commercial Energy Specialists ( CES or the Company ) on its investment from Turning Basin Capital ( TBC ). CES is a pioneer and leading provider of Service Supported Distribution® water treatment solutions for thousands of institutional and commercial swimming pools, spas, water parks, water features, and industrial process water clients. Based in Jupiter, Florida, CES distributes water treatment products which include chemical treatment packages, filtration systems, heater systems, pumps, saline and ultraviolet systems, aquatic lifts, and heaters and covers. Value-added services include engineering and design support; full factory commissioning
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LONGHORN, Texas, March 16, 2021 /PRNewswire/ Parcrest Advisors ( Parcrest ) served as the exclusive investment banking advisor to Anheuser-Busch ( A-B ) on the sale of its Houston-based Longhorn Glass manufacturing facility ( Longhorn ) to Ardagh Group ( Ardagh ). The transaction will help to ensure the long-term health and viability of the Longhorn facility, which supplies bottles to A-B s Houston brewery.
The transaction is comprised of the outright sale of the glass packaging operations combined with a long-term supply agreement between Ardagh and Anheuser-Busch, allowing Longhorn to continue supplying A-B breweries with top-quality glass bottles. Ardagh will also be investing in the modernization and upgrade of the facility as the life of its existing production furnace comes to an end.