Pronghorn is recapitalized by The Resort Group
HDDP Holdings, LLC, owner of the Pronghorn resort located in Bend, Oregon (“Pronghorn” or the “Company”) announced that it has been recapitalized through the sale of approximately $55 million of existing secured debt to affiliates of The Resort Group, a resort and development company based in Hawaii. The transaction will allow for the continued funding of club operations and the completion of the development plan over time. FocalPoint Securities, LLC (“FocalPoint”) served as the financial advisor to HDDP Holdings with respect to the transaction. Terms of the transaction were not disclosed.

FocalPoint Advises Independent Aerial Equipment in Sale to RSC Holdings Inc.
Los Angeles, CA — Independent Aerial Equipment (“IAE” or the “Company”) has sold substantially all of its assets to RSC Holdings Inc. IAE, based in Elizabeth, New Jersey, is a leading provider of aerial equipment including articulated and telescopic boom lifts, scissor lifts, forklifts and other rental equipment. IAE has approximately $50 million in fleet at original cost, serving industrial and non-residential construction customers located in New York, New Jersey, Connecticut, Maryland, Virginia, Delaware and Pennsylvania. Based in Scottsdale, Arizona, RSC Holdings Inc. (NYSE: RRR) is the holding company for the operating entity, RSC Equipment Rental, Inc. (“RSC”), which is a premier provider of rental equipment in North America. FocalPoint Securities, LLC (“FocalPoint”) served as exclusive financial advisor to IAE.

FocalPoint Securities, LLC Advises Physicians Formula Holdings on the Refinancing of its Subordinated Debt
LOS ANGELES, CA — FocalPoint Securities, LLC (“FocalPoint”) has completed another successful financing to support the growth capital needs of our client. Physicians Formula Holdings, Inc. (NasdaqGS: FACE), (“Physicians Formula” or the “Company”) completed the refinancing of subordinated debt on November 10, 2011 with a new term note and additional proceeds from the existing line of credit. The transaction demonstrates FocalPoint’s capabilities in securing capital with attractive terms under the most challenging of financing market conditions

Pacific High Reach Sold to Sunbelt Rentals
Los Angeles, CA – Pacific High Reach and Equipment Services, Inc. (“Pacific High Reach” or the “Company”) has sold substantially all of its assets to Sunbelt Rentals, Inc. under Section 363 of the Bankruptcy Code for approximately $17.4 million. Sunbelt Rentals was selected as the highest and best bidder after a comprehensive sale process. The transaction was approved by the Bankruptcy Court on November 15, 2011 and closed on November 18, 2011. FocalPoint Securities, LLC (“FocalPoint”) served as the exclusive investment banker to Pacific High Reach. Ron Bender of Levene, Neale, Bender, Yoo & Brill L.L.P. (“LNBYB”) served as bankruptcy counsel to Pacific High Reach. Matthew Pakkala of FTI Consulting served as the Company’s Chief Restructuring Officer.

NEI Assets Sold to Subsidiary of Monterey Peninsula Horticulture
HALF MOON BAY, California—Nurserymen’s Exchange, Inc. (“NEI” or the “Company”) has sold substantially all of its operating assets and business to Floramoda, Inc., a subsidiary of Monterey Peninsula Horticulture, Inc. (“MPH”) pursuant to §363 of the Bankruptcy Code. The transaction was approved by the Bankruptcy Court in the Northern District of California on July 18, 2011 and closed on August 5, 2011. FocalPoint Securities, LLC served as exclusive investment banker to NEI.

FocalPoint Partners Expands with Opening of Chicago Office; Hiring of Thomas Mills
FocalPoint Partners, an independent Los Angeles-based investment banking firm, today announced the addition of Thomas Mills to lead the development of the firm’s Chicago office. Mills joins FocalPoint as Managing Director, primarily focused on the debt capital markets and special situations.

ACT Litigation Services sold to DiscoverReady, a subsidiary of The Dolan Company (NYSE:DM); FocalPoint advises the seller
Los Angeles, CA —July 25, 2011 – ACT Litigation Services, Inc. (“ACT” or the “Company”) announced the successful sale of its assets to DiscoverReady, a subsidiary of The Dolan Company (NYSE:DM). ACT is one of the country's oldest and most successful complex litigation automation firms and specializes in providing technology and process solutions to Fortune 1000 companies and AmLaw 200 law firms. DiscoverReady provides first-pass document review, managed services and data processing and hosting to the e-discovery sector. Like ACT, DiscoverReady services the legal needs of large corporations and their legal counsel. The purchase price was $65 million with additional future payments possible depending upon performance.

North American Breaker Co, Inc. acquired by Signature Group Holdings
Los Angeles, CA – North American Breaker Co, Inc. ("NABCO") announced the successful sale of its assets to Signature Group Holdings, Inc. ("Signature") (Pinksheets: SGGH.PK) on July 29, 2011. FocalPoint Securities, LLC (“FocalPoint”) served as the exclusive financial advisor to NABCO.

Insight Health Services Completes Restructuring; FocalPoint advises Ad Hoc Committee of Floating Rate Noteholders
Insight Health Services Holdings Corp. and its subsidiaries (“Insight” or the “Company”) announced that it has recently emerged from its Chapter 11 restructuring. As part of its successful pre-arranged restructuring, Insight has eliminated nearly $300 million of long-term debt, as the claims of the Senior Secured Noteholders were paid by the issuance of 100% of the new common stock of the reorganized company. Affiliates of Black Diamond Capital Management, LLC (“Black Diamond ”) are the new majority equity owners of the Company. FocalPoint Securities, LLC (“FocalPoint”) served as the financial advisor to the Ad Hoc Committee of Floating Rate Noteholders while Skadden, Arps, Slate, Meagher & Flom LLP served as legal counsel.

MAX Equipment Rental, LLC Emerges from Chapter 11
On January 13, 2011, the Bankruptcy Court for the Central District of California confirmed the Chapter 11 plan of reorganization (the “Plan”) of Max Equipment Rental, LLC and certain affiliated companies (collectively, “Max” or the “Company”). Under the terms of the Plan, the secured creditors will be paid in full over time with affordable restructured payment terms and the unit holders, Mason Bailey and Robert McDaris, will retain 100% ownership and control of the Company. FocalPoint Partners, LLC (“FocalPoint”) served as financial advisor to the Company. Ron Bender and J.P. Fritz of Levene, Neale, Bender, Yoo and Brill L.L.P. served as legal advisor to the Company

Closet World Emerges from Chapter 11; FocalPoint serves as financial advisor to the Debtor
Closet World and its affiliated companies (collectively, “Closet World” or the “Company”) have successfully emerged from bankruptcy protection and will pay all unsecured creditors in full. Closet World’s exit from Chapter 11 was facilitated by the purchase and modification of its existing secured debt.

Court Approves Fleetwood Plan and Disclosure Statement
On July 29, 2010, the Bankruptcy Court for the Central District of California confirmed the plan of reorganization of Fleetwood (the “Plan”). The Plan contemplates the distribution of the proceeds of the liquidation of Fleetwood’s assets and the resolution of outstanding claims through a liquidating trust. FocalPoint Partners, investment banker to the Official Committee of Unsecured Creditors, played an active role throughout the reorganization and was a key player in the negotiation of the settlement.

Fuddruckers sold to Luby’s; FocalPoint advises the Seller
Austin, TX – June 18, 2010 – Magic Brands, LLC, and Fuddruckers, Inc., announced today that Luby’s, Inc. (NYSE:LUB) has been selected as the highest and best bidder in a competitive auction held Thursday for substantially all of its assets. The bid remains subject to bankruptcy court approval. Luby’s bid has been valued by the Company and the Official Committee of Unsecured Creditors at $63.45 million.

DaVita Inc. (NYSE: DVA) Acquired Certain Assets from Kidney Center, Inc; FocalPoint Advises Kidney Center on the Sale
LOS ANGELES, CA —DaVita Inc. (“DaVita”), a provider of dialysis services for patients suffering from chronic kidney failure, has acquired certain assets including five dialysis centers from Kidney Center, Inc (“KCI” or the “Company”). FocalPoint Securities, LLC (“FocalPoint”) served as exclusive financial advisor to KCI.

FocalPoint Raises $33 Million for Physicians Formula
LOS ANGELES, CA — FocalPoint Securities, LLC (“FocalPoint”) has completed another successful financing to support the growth capital needs of our client. The transaction demonstrates our capabilities in securing capital under the most challenging of financing market conditions, and our ability to creatively structure transactions to attract capital providers.

LandSource Communities Emerges from Chapter 11 as Newhall Land Development; FocalPoint advises the Official Committee of the Unsecured Creditors
Los Angeles – LandSource Communities Development LLC (“LandSource”) announced that it has emerged from Chapter 11 reorganization as Newhall Land Development LLC. The company consists primarily of the Newhall Land and Farming Company in Los Angeles County, the Newhall Orchard, Valencia Water Company, and the TPC Valencia Golf Club.

FocalPoint Advises Crunch on its Sale to New Evolution Fitness Company and Angelo, Gordon & Co.
LOS ANGELES, CA – Crunch Fitness (“Crunch”) has been sold to an investor group led by New Evolution Fitness Company (“NEFC”) and Angelo, Gordon & Co (“Angelo Gordon”). The transaction was approved by the Bankruptcy Court for the Southern District of New York.  FocalPoint Securities, LLC (“FocalPoint”) served as financial advisor to Crunch.

FocalPoint Raises Senior Secured Credit Facility and DIP Credit Facility for Fatburger Corporation
LOS ANGELES, CA – Fatburger Corporation and certain of its subsidiaries (“Fatburger” or the “Company”) has received a senior secured credit facility as well as a Debtor-In-Possession financing facility from a Los Angeles based special situations investment company.  Fatburger is a fast casual restaurant operator and franchisor headquartered in Santa Monica, CA.  FocalPoint Securities, LLC (“FocalPoint”) served as financial advisor to Fatburger. 
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Management Acquires KDA from Omnicom (NYSE: OMC); FocalPoint Advises Management on the Acquisition
Los Angeles, CA — LB2 Group, Ltd. (“LB2” or “Management”), has acquired Ketchum Directory Advertising, Inc. (“KDA”), in a management buyout of the fifth largest Yellow Pages agency in the U.S., from Omnicom Group (“OMC”). FocalPoint Securities, LLC (“FocalPoint”) served as exclusive financial advisor to LB2.
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FocalPoint advises Meridian Sports Clubs California LLC in the recapitalization of its Balance Sheet
LOS ANGELES, CA — Praesidian Capital (“Praesidian”) has invested $10 million in Meridian Sports Clubs California LLC (“Meridian”), an owner and operator of twelve fitness facilities primarily located in California. FocalPoint Securities, LLC (“FocalPoint”) served as exclusive financial advisor to Meridian. Despite the current economic environment, Meridian was able to recapitalize its balance sheet, lowering its annual debt service requirements and eliminating personal guarantees.
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Praesidian Capital Invests in Lucky Strike Entertainment
LOS ANGELES, CA — Praesidian Capital (“Praesidian”) has invested $11 million of growth capital into Lucky Strike Entertainment (“Lucky Strike”), a leading operator of upscale bowling lounges in the United States and Canada. FocalPoint Securities, LLC (“FocalPoint”) served as exclusive financial advisor to Lucky Strike.
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Riordan, Lewis & Haden Acquires a Controlling Interest in The Apothecary Shops
PHOENIX, AZ — The Apothecary Shops (“TAS”), a National Specialty Pharmacy, has sold a majority interest to Riordan, Lewis & Haden (“RLH”). FocalPoint Securities, LLC (“FocalPoint”) served as exclusive financial advisor to TAS. In addition to identifying RLH as the equity sponsor, FocalPoint helped to navigate the credit markets and raise the senior debt required to close the deal.
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FocalPoint Partners Names Alexander Stevenson as Managing Director
FocalPoint Partners, an independent Los Angeles-based investment banking firm, has named Alex Stevenson as Managing Director, primarily focused on financial restructuring situations and distressed transactions.
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FocalPoint Advises Shoe Pavilion, Inc. in its Chapter 11 Proceedings
WOODLAND HILLS, CA — FocalPoint was retained by Shoe Pavilion, Inc. (“Shoe Pavilion”) as financial advisor in its Chapter 11 bankruptcy proceedings. Shoe Pavilion, one of the nation’s largest off-price footwear retailers, was formerly a publicly traded firm on the NASDAQ Global Market under the ticker symbol "SHOE”.
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FocalPoint Partners Names Rod Guinn as Restaurant Operating Partner
LOS ANGELES, CA — FocalPoint Partners, an independent Los Angeles-based investment banking firm, has named Rod Guinn as operating partner for its M&A advisory and capital raising practice in the restaurant industry.
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Meridian’s Bodies in Motion Acquires The Honolulu Club, an Affiliate of Douglas Emmett, Inc.
LOS ANGELES, CA — The Honolulu Club, an affiliate of Douglas Emmett, Inc. (“Douglas Emmett”, NYSE: DEI), has been acquired by Meridian’s Bodies in Motion. FocalPoint Securities, LLC (“FocalPoint”) initiated the transaction and served as exclusive financial advisor to Douglas Emmett.
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INSPIRIS Acquires Care Level Management Group, Inc.
WOODLAND HILLS, CA, June 25, 2008 — FocalPoint represented Care Level Management Group, Inc. and its affiliates (“Care Level”) as financial advisor in its Chapter 11 bankruptcy proceedings. Care Level provides physician care and care management services to enrolled patients in their homes on behalf of their respective health plans.
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FocalPoint Raises $10 Million for Resolution Economics
Beverly Hills, CA, April 4, 2008 — Resolution Economics LLC (“Resolution Economics”), one of the nation's premier labor economics and statistical consulting firms, has raised growth capital in the form of senior subordinated debt to support a management-led recapitalization of the Company to fund working capital and growth. FocalPoint Partners arranged, structured and negotiated the terms of the financing with Praesidian Capital.
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Hertz Global Holdings Acquires All Reach Equipment
HAMDEN, CT, April 21, 2008 — All Reach Equipment, LLC (“All Reach”), based in Hamden, Connecticut has been acquired by Hertz Global Holdings Inc.’s equipment-rental unit Hertz Equipment Rental Corporation (“HERC”). All Reach is an integrated equipment services company focused on aerial booms, scissor lifts, straight mast forklifts, and reach forklifts. more...

FocalPoint Client HQ Gift Cards Nominated for Business to Business Services Deal of the Year by the M&A Advisor
(New York) The M&A Advisor, a financial information services provider, announced a record breaking 132 finalists representing 52 firms for the 6th Annual M&A Advisor Awards Gala. FocalPoint client HQ Gift Cards LLC (“HQ”), was nominated for the Business to Business Services Deal of the Year for its sale to Comdata, a wholly owned subsidiary of Ceridian Corporation.more...

Rivenrock Capital and Kallina Corp. Acquire Small World Toys, Inc.
CULVER CITY, CA, October 15, 2007 - FocalPoint represented Small World Toys, Inc. (“Small World”) as financial advisor in its Chapter 11 bankruptcy proceedings. Small World, based in Southern California, is a manufacturer, marketer and distributor of high-quality specialty toys and educational products for children.more...

The Revere Group Acquires Tryarc, LLC
CHICAGO, IL, August 2, 2007  - The Revere Group, a subsidiary of Japan based NTT Data Company and a global business and technology consultancy firm, announced the acquisition of Tryarc, LLC (“Tryarc”), based in Los Angeles and San Francisco, CA.more...

Meridian Sports Clubs Acquires Bodies in Motion
LOS ANGELES, CA — FocalPoint represented Bodies in Motion as financial advisor in its bankruptcy proceedings.more...

Comdata Acquires HQ Gift Cards
BRENTWOOD, TN — Comdata Corporation, a wholly owned subsidiary of Ceridian Corporation (NYSE: CEN) and a leader in electronic payment solutions for the transportation, retail, restaurant and hospitality industries, providing gift cards and stored value solutions, announced the acquisition of HQ Gift Cards, LLC (“HQ”), a provider of mall gift card program management services. Terms of the transaction were not disclosed.
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FocalPoint Raises $95 Million for Schwab Sales
GILBERT, AZ — Schwab Sales, LLC based in Gilbert, Arizona, has completed a $95,000,000 refinancing.  Schwab Sales specializes in renting earth moving equipment to contractors and developers in the Southwest.
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FocalPoint Arranges Financing for Lucky Strike Entertainment
HOLLYWOOD, CA -- Lucky Strike Entertainment (“Lucky Strike”), a Hollywood, CA-based, owner and operator of the leading bowling, entertainment and casual dining chain in the United States and Canada has announced the successful completion of a $49 million financing facility from Ableco Finance, LLC and Caltius Mezzanine.
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FocalPoint Raises $100 Million for Cascade Grain Products
NEW YORK, NY — Berggruen Holdings has successfully closed a $100 million senior secured credit facility for Cascade Grain Products, the largest destination ethanol plant on the west coast.  The facility supports the construction and operation of the first large scale plant in the Pacific Northwest with a state of the art...
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Allion Healthcare Acquires Whittier Goodrich Pharmacy
Allion Healthcare, Inc. ("Allion") (NASDAQ: ALLI), a national provider of specialty pharmacy and disease management services focused on HIV/AIDS patients, has closed the purchase of certain assets, including customer lists, books and records, files and goodwill and other tangible and intangible assets, from Whittier Goodrich Pharmacy, Inc.
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FocalPoint Raises $18.5 Million for Small World Kids
Small World Kids, Inc. (OTC BB:SMWK), a leading designer, manufacturer, marketer and distributor of high-quality, award-winning children's products, has announced it has secured a new $18.5 million debt financing with Laurus Master Fund, Ltd. FocalPoint arranged this financing on behalf of Small World Kids which closed on...
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FocalPoint Client Named LA E&Y Entrepreneur Of The Year
Los Angeles, CA — Ernst & Young LLP announced the winners of the Ernst & Young Entrepreneur Of The Year® 2006 award in Greater Los Angeles. This year’s award winners were recognized at a special 20th anniversary gala event at the Beverly Hilton in Beverly Hills.
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BioScrip Acquires Intravenous Therapy Services
BioScrip (NASDAQ: BIOS), a diversified provider of specialty medication distribution and clinical management services, has completed the acquisition of Intravenous Therapy Services (“ITS”), a specialty infusion pharmacy located in Burbank, CA. The transaction complements BioScrip’s strategic objective of expanding infusion operations nationally and enhances its ability to service acute and chronic patients on both...
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FocalPoint Arranges Growth Financing for TNR Entertainment Corporation
TNR Entertainment Corp. ("TNR"), a portfolio company of Celerity Partners, a Los Angeles based private equity firm, has completed the sale of $10,000,000 in preferred stock to a New York based hedge fund. TNR is a Texas based provider of DVD rentals to value oriented consumers, primarily in grocery stores, via in-store kiosks. TNR was founded in 2002 and since that time has refined its kiosks and associated software...
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Vedior North America Acquires Delta
Wakefield, MA -- Vedior North America, a member of the Vedior Group of Companies (“Vedior”), one of the world’s largest recruitment companies, has completed the acquisitions of Delta Pharma and Delta Solutions (together, “Delta”). Delta, a leading clinical trials staffing and IT consulting organization, adds to Vedior North America’s specialty staffing offering and gives them a major...
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FocalPoint Arranges Growth Financing for Intravenous Therapy Services
Intravenous Therapy Services, Inc. ("ITS"), a Burbank, CA-based provider of infusion therapy and home healthcare services, has announced the successful completion of a round of financing to support its growth. This credit facility will help ITS sustain its position as one of the leading independent intravenous therapy services companies in southern California.
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Spectrum Clubs Acquires Gold’s Santa Barbara Franchisee
Spectrum Clubs, a portfolio company of Brentwood Associates, an LA-based private equity firm, has completed the acquisition of SB Flex, Inc. formerly doing business as Gold’s Gym of Santa Barbara. This transaction expands Spectrum’s California footprint into the Central Coast and brings the total locations (in California and Texas) to twenty.
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FocalPoint Partners Named Rajesh Sood as Managing Director
Los Angeles — FocalPoint Partners has named Rajesh Sood as Managing Director in its Los Angeles office. “Rajesh has served as the lead advisor in a wide range of successful financings, recapitalizations and merger & acquisition transactions aggregating several billion dollars in transaction value. He has an excellent track record and ability to get deals closed," said FocalPoint Managing Director and Co-Founder, Nishen M. Radia...
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Westar Sells Portfolio Company to Ascent Media Group
Ascent Media Group, Inc. (AMG) announced the acquisition of Cinetech, Inc., the market leader in motion picture restoration, protection and preservation services. FocalPoint Partners, LLC served as financial advisor to Cinetech, a portfolio company of Westar Capital, LLC. Since its founding in 1990 by President Sean Coughlin, Cinetech has built a reputation for excellence in service and technical...
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FocalPoint MD Duane Stullich Named Director of Milacron
Milacron Inc. (NYSE: MZ - News) today announced the appointments of Mark L. Segal, Duane K. Stullich and Larry D. Yost to the company's board of directors. They fill the seats vacated by recently retired directors Harry A. Hammerly, James E. Perrella and Joseph A. Pichler. Mr. Stullich’s wide-ranging presentation covered such topics as “Entrepreneurship and the Economy” and “Selling Your Company.”
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Dan Conway Named Managing Director, FocalPoint Partners LLC
Los Angeles, CA (June 2004) — Top-level banking veteran Dan Conway has been named Managing Director, FocalPoint Partners LLC, the Los Angeles-based independent investment banking firm focusing on advising and structuring transactions for middle–market companies. The announcement was made today by Duane K. Stullich, FocalPoint Partners Co-Founder and Managing Director...
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FocalPoint Sponsors Entrepreneur’s Conference at UCLA Anderson
Morning keynote speaker Marc Benioff set an appropriately inspiring tone for the rest of the day during his kickoff speech at the Entrepreneur Association’s 2004 Entrepreneurs Conference held on the UCLA Anderson campus Friday, April 30th. The entrepreneur and software industry veteran best known for founding salesforce.com gave a 40 minute talk to a Korn Hall audience of local...
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FocalPoint Enters Exclusive Contract with Russell Communications Group
FocalPoint has entered into an exclusive contract with Russell Communications Group (RCG) to expand awareness and strengthen its position strategically in middle markets across the nationwide investment community. Working closely with the FocalPoint executive team, RCG will help to implement a strategic program for branding, marketing and communications outreach...
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FocalPoint Partners’ Duane K. Stullich Discusses Capitalizing And Growing A Successful Start-Up
Duane K. Stullich, Managing Director, Focal Point Partners LLC, detailed a winning business plan for emerging companies during his keynote address here this evening for a special program entitled “Growing And Harvesting A Startup: Strategies For Success From Capitalization To Liquidity.”
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Big Dog Holdings Acquires The Walking Company
Big Dog Holdings, Inc. (NASDAQ:BDOG) is pleased to announce that it has agreed to acquire The Walking Company for cash, debt and equity securities in excess of $15 million. The Walking Company is the leading specialty retailer of high-quality, technically designed comfort walkwear & accessories that features quality brands such as Ecco, Mephisto, Dansko, Birkenstock and Merrell...
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Physicians Formula Attracts Equity Investment From Summit Partners
Physicians Formula, Inc., manufacturer of the United States’ top-selling face makeup product in drug stores and the fastest-growing color cosmetics brand in its distribution channel, announced today it has received a multi-million dollar equity investment from Summit Partners, a leading global private equity and venture capital firm...
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