Business Services

A trusted advisor for the
service-based economy

Companies perform best when focusing on their core competencies. In a constantly evolving service-based economy, the outsourcing of non-core operating functions is critical to driving scale and return on investment. As the macro commercial environment becomes increasingly complex and competitive, the market demand for high value-add services businesses will continue to intensify.

GulfStar’s breadth of transactional and technical experience in business services enables us to leverage deep sector expertise and unparalleled execution capabilities, consistently achieving exceptional outcomes for our clients.

Sub-sectors include:

  • Aviation Products and Services
  • Broadcasting
  • Commercial Maintenance Services
  • Consulting Companies
  • Court Reporting Firms
  • Data Centers & Mission Critical Infrastructure
  • Engineering and Construction
  • Event Services
  • Financial Institutions and Services
  • Human Resources Services and Consulting
  • Professional Staffing
  • Recruitment Process Outsourcing
  • Telecommunications
  • Transportation and Logistics

Related Transactions

has completed a majority recapitalization with

Industry
Industrial Services & Manufacturing
Environmental & Sustainability
Business Services
Software & Tech-Enabled Services
Services
Mergers & Acquisitions

Divcon Controls provides building automation consultation and custom design for the commercial and manufacturing industries.

has completed a majority recapitalization with

Industry
Industrial Services & Manufacturing
Business Services
Services
Mergers & Acquisitions

Founded in 2009 and based in Reno, Nevada, NDSS is the largest installer of drywall, stucco and stone materials for contractors serving the multifamily residential, commercial and housing markets in western Nevada and eastern California. The principals of NDSS will retain equity positions in the business and will continue in their leadership roles.

has been acquired by

Industry
Business Services
Services
Mergers & Acquisitions

Founded in 1976, Champions Hydro-Lawn is the leading commercial erosion control and turf establishment specialist in the greater-Houston market. The Company offers a full range of services including: mowing, handwork, overseeding, fertilization, irrigation, rehabilitation, storm water pipe replacement and other essential services for Municipal Utility Districts, commercial developers, HOAs, and other commercial clients.

have completed a majority recapitalization with

Industry
Business Services
Services
Mergers & Acquisitions

Established in 2010, Boa Logistics is a service-focused freight management company, utilizing technology to stay ahead of the competition. Boa specializes in refrigerated LTL freight movements and consolidation nationwide. Additionally, Boa also operates a cold-storage facility to serve its customers (Flow Cold Storage). Boa focuses on mission-critical movements of perishable temperature-controlled freight for medium-sized companies, with destinations including big-box retail, grocery, and restaurant distribution. Additionally, Boa handles dry freight and drayage-related movements and consolidations for customers.

has been acquired by
a portfolio company of
Industry
Energy, Power & Infrastructure
Business Services
Services
Mergers & Acquisitions

Founded in 1988 and based in Houston, Texas, Power Plumbing is the largest plumbing-focused mechanical contractor serving multi-family builders throughout Texas. The Company has delivered best in class results, service, and value to customers for over 30 years while utilizing the latest technologies and offering a full range of capabilities that span the entire construction process.

has been acquired by

Industry
Industrial Services & Manufacturing
Business Services
Services
Mergers & Acquisitions

Founded in 2002, JohnSon Fence is the largest designer and installer of decorative and functional residential fencing in the southeast Texas market. Founders John and Eric Dale, a father and son team, recognized the opportunity to professionalize a highly fragmented and poorly managed segment of the homebuilding industry. JohnSon Fence is one of the few companies capable of providing most types of fencing and gates, including wood picket, decorative wood, masonry (brick, stone), iron and ranch style. The Company’s customer base primarily comprises major homebuilders and residential developers. JohnSon Fence has grown its business by gradually building and leveraging a reputation for reliability by providing quality work and timely delivery that are unparalleled in the industry. The Company serves a large and growing list of communities in the region from its facility in Tomball, Texas.

has been acquired by

Industry
Business Services
Software & Tech-Enabled Services
Services
Mergers & Acquisitions

Headquartered in Houston, Texas, JMFA provides software and tech-enabled services designed to optimize overdraft programs for regional/community banks and credit unions. The Company serves more than 350 customers with its core overdraft privilege program. JMFA also provides vendor contract negotiation services and uses proprietary software and ongoing consulting to confirm compliance and identify areas of improvement with client overdraft programs.

has completed a private placement of common membership units

$4,000,000

Industry
Environmental & Sustainability
Business Services
Healthcare
Services
Raising Capital

Paragon Southwest Medical Waste (PSMW), which completed its second round of financing in November 2019, utilizes its patented CoronaLux™ technology to thermally destroy certain types of medical waste. This new financing will increase the capacity of PSMW’s facility in Anahuac, Texas by over 100%, allowing the Company to meet the high demand for its services. The CoronaLux™ system employs a low-energy, plasma-enhanced, pyrolytic process to safely and reliably destroy hazardous, chemical, biological, pharmaceutical and regulated medical waste. It also significantly reduces harmful emissions associated with high-temperature thermal processes such as incineration and conventional hot plasma incineration. The result is a more efficient and sustainable destruction process, which is much cleaner, safer and environmentally friendly.

has completed a refinancing and recapitalization

$14,900,000

consisting of
Industry
Business Services
Software & Tech-Enabled Services
Services
Raising Capital
Financial Restructuring

Voice Media Group Inc. is a diversified media and marketing services company that specializes in serving advertisers, business owners and readers across the country as the digital heir to one of America’s most successful media organizations. Based in Denver, Voice Media Group today publishes four weekly alternative print newspapers with affiliated web properties and two additional digital-only platforms. The Company’s fast-growing digital marketing agency, V Digital Services (“VDS”), offers the most complete range of digital marketing services available targeting small and medium businesses, including organic and local search engine optimization, paid media placement, programmatic display advertising and social media management, among others.

has completed a majority recapitalization with

Industry
Business Services
Software & Tech-Enabled Services
Services
Mergers & Acquisitions

SchoolAdmin is a market leader in admissions, enrollment and billing technology for K-12 schools. Working closely with over 400 customers, the Company has gained a deep understanding of the needs of parents and school administrators. SchoolAdmin is driven by a mission to improve a school’s ability to recruit, admit, enroll, and retain students through easy-to-use, feature-rich solutions.

along with other investors

have formed and invested in

Paragon Southwest Medical Waste

Industry
Environmental & Sustainability
Business Services
Healthcare
Services
Mergers & Acquisitions
Buy-Side Advisory

Paragon Southwest Medical Waste (PSMW) was formed through a joint venture agreement between Paragon Waste Solutions (PWS) and Gulfwest Waste Solutions (GWS) combined with an equity investment from an investment group. PSMW’s permitted medical waste facility in Texas uses Paragon’s patented CoronaLux™ system. This system employs a low-energy, plasma-enhanced pyrolytic process to safely and reliably destroy hazardous, chemical, biological, pharmaceutical and regulated medical waste. The CoronaLux™ system significantly reduces harmful emissions associated with high-temperature thermal processes such as incineration and conventional hot plasma incineration. The result is a more efficient and sustainable destruction process, which is much cleaner, safer and environmentally friendly.

has received growth financing from

Industry
Business Services
Services
Raising Capital

Hamilton Captive Management specializes in bringing captive insurance solutions to private companies, high-net worth individuals, and families. Hamilton Captive Management prides itself on its client-centered and customized approach to its growing base of clients.

has completed a majority recapitalization with

Industry
Business Services
Software & Tech-Enabled Services
Services
Mergers & Acquisitions

Founded in 2008, Utegration is a leading full service SAP consulting and implementation company serving the utility and energy industries. The company has built a strong reputation in the utility industry and today serves many of North America’s leading electric, gas, and water utilities with proven capabilities to enhance utility customer satisfaction, achieve regulatory mandates for service improvements, provide valuable business intelligence solutions to better manage enterprise assets, and help utilities address the digital transformation of the power grid. Utegration’s deep technical and utility sector expertise has positioned Utegration as a thought leader in the industry, as reflected by its recent recognition by SAP as Partner of the Year for the Utility Industry.

has received a growth investment from

Industry
Business Services
Software & Tech-Enabled Services
Services
Raising Capital

Headquartered in Austin, Texas, BP3 Global, Inc. (BP3) is the leading provider of business process and decision management (BPM) software and services, providing business process, decision management, and analytics software and services to the Fortune 500. Since 2007, BP3’s Brazos Platform has been powering thousands of digital transformations for their customers. BP3’s solutions and services have transformed customer experiences in financial services, retail, healthcare, and the energy sectors. BP3 goes beyond analytics by embedding insights into workflows to actually address the problems by connecting the dots between the customer experience and the enterprise. The largest corporations in the world depend on BP3’s operational services including: 24×7 solution support, process optimization, migration assistance, and cloud management.

a portfolio company of
has been acquired by
a portfolio company of
Industry
Environmental & Sustainability
Business Services
Services
Mergers & Acquisitions

SouthWaste Services Holdings, LLC. and its subsidiaries (collectively “SouthWaste” or the “Company”) is a leading, vertically-integrated environmental services firm providing non-hazardous liquid waste collection, processing, and disposal services across the southern U.S.  SouthWaste provides grease trap (i.e., brown grease) and commercial septic waste collection, cleaning, and maintenance services for over 4,600 customers which include restaurants, grocery stores, prisons, stadiums, hospital systems, and school districts. The Company’s five permitted processing and disposal facilities (Houston, Dallas, San Antonio, Lubbock, and Orlando) process over 91 million gallons of waste annually.

has been acquired by

Industry
Business Services
Software & Tech-Enabled Services
Services
Mergers & Acquisitions

Internet America (OTC: GEEK) is a leading wireless Internet service provider (“WISP”) focused on providing high-speed broadband Internet and related services to subscribers in areas not covered by traditional Internet service providers. The Company is headquartered in Houston, Texas and offers a product suite that includes wireless Internet, specialized e-mail, DSL Internet, dial-up Internet, Internet fax, and other various ancillary products totaling approximately 27,000 subscriber services in Texas, Missouri and Oklahoma.

has received

Financial Advisory Services

Industry
Business Services
Software & Tech-Enabled Services
Services
Advisory Services

Internet America (OTC: GEEK) is a leading wireless Internet service provider (“WISP”) focused on providing high-speed broadband Internet and related services to subscribers in areas not covered by traditional Internet service providers. The Company is headquartered in Houston, Texas and offers a product suite that includes wireless Internet, specialized e-mail, DSL Internet, dial-up Internet, Internet fax, and other various ancillary products totaling approximately 27,000 subscriber services in Texas, Missouri and Oklahoma.

has been acquired by

Industry
Business Services
Software & Tech-Enabled Services
Services
Mergers & Acquisitions

CDB is a leading provider of data management solutions for IBM DB2 z/OS. CDB provides unique and innovative mainframe utilities that enable companies to expand their DB2 system to meet business needs while controlling the overall cost of the mainframe.

has been acquired by
Through a sale process conducted under Chapter 11 of the U.S. Bankruptcy Code

Industry
Business Services
Services
Mergers & Acquisitions

Noble Logistics, Inc. is a national logistics provider of time critical delivery services to the automotive, healthcare and retail industries. The Company’s asset-light model utilizes third party subcontractors to provide multiple service lines, supported by in-house driver dispatch, route optimization, warehouse cross-docking and client service. Noble was founded in 1995 and is based in Houston, TX.

has been acquired by

Industry
Business Services
Services
Mergers & Acquisitions

Headquartered in San Ramon, California, ConGlobal Industries, Inc. is North America’s largest full-service supplier to the intermodal industry, providing depot and container yard services, equipment sales and transportation services. ConGlobal provides equipment repair, maintenance, storage and redistribution services to global shipping and leasing companies. ConGlobal is also a leading retailer of standard and modified equipment in new and used condition to consumers, corporations, and government and military institutions. Additionally, ConGlobal provides transportation services to reposition equipment and manage large or special delivery projects. The Company is built on a network of 31 locations in the U.S., Mexico and Costa Rica.

Series D Preferred Stock

$4,000,000

Industry
Business Services
Services
Raising Capital

Headway is a leading provider of human capital solutions with a breadth of integrated services tailored to meet the complex challenges of large scale contingent and permanent employee recruitment, retention and workforce optimization. The Company’s innovative model couples centralized processing with automated candidate databases specifically targeted to industry sectors, efficient web-enabled candidate screening, web-enabled employee on-boarding and payroll processing capabilities. This high level of recruiting workflow automation has positioned Headway to emerge as a leading provider of high-volume, nationwide workforce solutions.

has been acquired by

Industry
Business Services
Software & Tech-Enabled Services
Services
Mergers & Acquisitions

Prodagio is a leading provider of mission critical, cloud-based and on-premise Accounts Payable Automation and Contracts Lifecycle Management solutions which are deployed by a large and growing base of Fortune 500 and midrange enterprise customers across multiple industry verticals. The Company is headquartered in League City, Texas.

has been acquired by
a portfolio company of
Industry
Business Services
Software & Tech-Enabled Services
Services
Mergers & Acquisitions

Headquartered in Austin, Texas, TradeOne is a leading provider of technology-enabled services to large Fortune 500 companies in a variety of industries, creating programs that include various incentive programs, rebate plans and loyalty programs. The Company specializes in cooperative advertising, which involves ads or marketing collateral used by channel partners including agents, franchisees and dealers advertising on behalf of TradeOne’s corporate clients.

has issued senior subordinated notes

$7,000,000

financing provided by
Industry
Industrial Services & Manufacturing
Business Services
Services
Raising Capital

Jones Industrial Holdings, Inc. (“Jones” or the “Company”) is a leading provider of installation, maintenance and repair of critical rotating and reciprocating equipment for customers in the downstream, power and midstream segments of the energy market. The Company is headquartered in Deer Park, Texas, and operates as Universal Plant Services in seven facilities across Texas, California, Louisiana and Washington. Jones’ primary customers are industrial facilities, such as refineries and chemical plants, power generation plants, and pipeline transmission and distribution assets.

has been acquired by

Industry
Energy, Power & Infrastructure
Business Services
Services
Mergers & Acquisitions

Purvin & Gertz Inc. provides technical, commercial and strategic advice globally to clients in the crude oil, petroleum refining, natural gas, natural gas liquids, petrochemical and power generation industries and has become a preferred source for key energy market information, in-depth analysis and forecasts for supply, demand and pricing of energy products. Purvin & Gertz offers subscription-based research, analysis and consulting services involving short-term and long-range trends in supply, demand, trade, prices and margins in all aspects of the energy business.

has been acquired by

Industry
Business Services
Services
Mergers & Acquisitions

U.S. Signs Inc., a leading, full-service sign company based in Houston, Texas, provides outsourced fabrication, installation, and repair and maintenance services to more than 60 national retail chains located throughout the United States and Canada. U.S. Signs offers its product line, including cabinet signs, channel letters, awnings, electronic message sign and Light Emitting Diode (LED) Retrofits, to companies operating within the retail, financial, education, hospitality and self-storage industries.

has been acquired by

Fort Point Capital MRL Capital

Pilgrim Capital

Industry
Business Services
Services
Mergers & Acquisitions

Lone Star Overnight is the leading independent intra-regional express and ground parcel delivery company serving the Southwest U.S. The Company’s service area covers Texas, Oklahoma and select contiguous cities in Arkansas, Louisiana and New Mexico. LSO offers customers a compelling value proposition driven by personalized customer service, later pickups, earlier deliveries and industry-leading on-time delivery rates at prices substantially lower than those offered by larger national competitors. LSO was founded in 1991 and is headquartered in Austin, Texas.

has been acquired by

Harco National Insurance Company

a subsidiary of
Industry
Business Services
Services
Mergers & Acquisitions

CAIC Holding Company, Inc. is a leading specialized insurance company headquartered in Houston, Texas, that provides liability insurance for Mexican-owned private passenger vehicles and commercial trucks as they enter the United States. The Company’s product offerings include auto liability insurance for commercial and private passenger vehicles and workers’ compensation insurance.

has been acquired by

Seisa Group

Industry
Business Services
Services
Mergers & Acquisitions

HighQ outsources labor-intensive jobs related to data processing services for domestic companies with operations in the south and southwestern regions. HighQ is headquartered in El Paso, Texas with processing centers in Juárez, Mexico and Acuña, Mexico. From its two Mexico locations, HighQ provides value-added services such as data processing, data mapping and quality control. The Company’s services include mail processing, document scanning, image indexing, intelligent character recognition and on-line image hosting.

has completed an acquisition and working capital financing

$5,450,000

consisting of
Industry
Business Services
Services
Raising Capital

Million Air, one of the largest fixed based operators for private aviation in the world, provides fueling, ground handling services, hangar and office rentals for private aircraft in luxury facilities for crews and passengers. Headquartered in Houston, Texas, Million Air operates a network of 27 facilities in the United States, Canada, and the Caribbean.

has completed a majority recapitalization with

Industry
Environmental & Sustainability
Business Services
Services
Mergers & Acquisitions

SouthWaste was founded in 2004 by GulfStar Merchant Banking and Company management as a platform for creating the premier provider of non-hazardous liquid waste collection and processing services. Since that time SouthWaste has closed and integrated eight acquisitions covering the markets of Houston, Dallas-Ft. Worth, Austin, San Antonio and Lubbock, Texas, Atlanta, Georgia and central Florida. Primary services include vacuum removal of waste from grease traps at food services establishments such as restaurants, grocery stores, schools, hospitals and prisons; removal of residuals from municipal water treatment plants and septic systems; and processing of these waste streams for final disposal.

has been acquired by

Industry
Business Services
Software & Tech-Enabled Services
Services
Mergers & Acquisitions

e-Services was founded in 2000 and is headquartered in Houston, Texas, with regional headquarters in Montego Bay, Jamaica. The Company is a leading offshore provider of business process outsourcing (“BPO”) services with an emphasis on inbound customer care and transaction processing solutions. e-Services employs approximately 4,000 agents across seven Caribbean locations in Jamaica and St. Lucia. The Company’s services address the increasing demand for “nearshoring” of customer care, which preserves the quality of service and communication associated with North American providers while capturing the labor and overhead cost savings of offshore operations.

has completed a majority recapitalization with

Industry
Business Services
Services
Mergers & Acquisitions

CCS is a leading provider of turnkey audio-visual solutions for educational institutions and corporations with offices in Houston, Dallas, Austin, San Antonio and Tyler, Texas. The Company focuses on providing custom audio-visual solutions for its customers’ facilities, including boardrooms, conference rooms, training centers, educational facilities, classrooms and control centers. CCS is a value-added reseller providing design, full-service systems integration, implementation and installation. CCS also performs post-implementation services, such as training, maintenance and hardware upgrades.

has been recapitalized by

Industry
Industrial Services & Manufacturing
Business Services
Services
Mergers & Acquisitions

Sovereign Business Forms, Inc. was founded in 1996 in Houston, Texas to consolidate the highly fragmented, wholesale business forms industry. Today, Sovereign is one of the ten largest manufacturers and wholesalers of custom business forms in the U.S., operating five businesses with a combined market reach that covers portions of the Central and Eastern United States. The Company manufactures and sells a variety of exclusively custom business forms, primarily serving wholesale forms distributors, other forms manufacturers and small commercial printing shops. Sovereign’s products are widely used within the healthcare, insurance, delivery and fulfillment, banking and automotive industries, as well as by a wide variety of small businesses. The Company’s products include snap-out forms, continuous forms, laser cut sheets and sales and log books.

has been acquired by

Industry
Business Services
Services
Mergers & Acquisitions

TalentTrack, LLC (“Talent Track” or the “Company”) is a full-service provider of talent recruiting solutions, with a particular focus on the healthcare industry. The Company provides a complete array of recruiting process management, including recruitment process outsourcing (“RPO”), and was ranked first in quality among RPO providers by HRO Today in 2007.

has been acquired by

Industry
Business Services
Services
Mergers & Acquisitions

Houston-based SEIS-Strat is a full-service provider of geological, geophysical and engineering consultants to the oil and gas exploration and production industry. The Company’s consultants provide geosciences consulting, on-site training, job placement and mentoring services to major and independent oil and gas companies worldwide.

has acquired
from

Heritage Operating, LP

Industry
Environmental & Sustainability
Business Services
Services
Mergers & Acquisitions
Buy-Side Advisory

SouthWaste Services, Inc. is a Houston-based company formed in 2005 that provides non-hazardous liquid waste vacuum services, sewer cleaning, waste hauling and disposal. The liquid wastes handled by the Company include wastewater, sewage, sludge, grease, grit and leachate. SouthWaste currently has operations in Houston, Dallas–Ft. Worth, Austin, San Antonio, Lubbock, Texas, Orland, Florida and Atlanta, Georgia.

has issued senior debt

$60,000,000

Industry
Business Services
Services
Raising Capital

Linc currently provides on-site facilities operations and management services, mobile HVAC preventative maintenance service programs and related renovation and retrofit projects to customers throughout the United States. Additionally, Linc licenses its business methodology platform through its franchise operations to 120 independently owned companies.

has been acquired by

Industry
Business Services
Services
Mergers & Acquisitions

Trajen, based in Bryan, Texas, is a leading provider of aviation support and logistics solutions to the general aviation market and to the U.S. Department of Defense. Trajen has FBOs at 14 airports in the U.S., where it provides general aviation support services. Additionally, Trajen manages fueling and fuel logistic services at 12 locations for the U.S. military.

has completed a private placement

$31,000,000

Industry
Business Services
Services
Raising Capital

Una Vez Mas is a Spanish-language television network that receives and distributes high quality programming from TV Azteca in 24 markets throughout the United States.

has completed a private placement

$43,021,000

Industry
Business Services
Services
Raising Capital

Una Vez Mas is a Spanish-language television network that receives and distributes high quality programming from TV Azteca in 24 markets throughout the United States.

has been acquired by

Industry
Business Services
Services
Mergers & Acquisitions

CapTex, Inc. is the premier provider of non-hazardous liquid waste pumping, hauling and disposal services in the Greater Austin Metropolitan Area.

has acquired

Alco Environmental, CapTex, GTM Waste Services, National Hospitality Services, SOJO Treatment

Industry
Environmental & Sustainability
Business Services
Services
Mergers & Acquisitions
Buy-Side Advisory

SouthWaste was founded in 2004 by GulfStar Merchant Banking and Company management as a platform for creating the premier provider of non-hazardous liquid waste collection and processing services. Since that time SouthWaste has closed and integrated eight acquisitions covering the markets of Houston, Dallas-Ft. Worth, Austin, San Antonio and Lubbock, Texas, Atlanta, Georgia and central Florida. Primary services include vacuum removal of waste from grease traps at food services establishments such as restaurants, grocery stores, schools, hospitals and prisons; removal of residuals from municipal water treatment plants and septic systems; and processing of these waste streams for final disposal.

has acquired

Aero Services, Qualitron Aero Services, Sterling FBO Holdings

Industry
Business Services
Services
Mergers & Acquisitions
Buy-Side Advisory

Trajen, based in Bryan, Texas, is a leading provider of aviation support and logistics solutions to the general aviation market and to the U.S. Department of Defense. Trajen has FBOs at 14 airports in the U.S., where it provides general aviation support services. Additionally, Trajen manages fueling and fuel logistic services at 12 locations for the U.S. military.

has been acquired by an investment group led by

C. Byron Snyder III

Industry
Business Services
Services
Mergers & Acquisitions

Comercial America Insurance Company is a leading insurance company specialized in mandatory third party liability insurance for Mexican vehicles crossing into the U.S. from Mexico (non-resident auto insurance or “NRA” insurance).

has been acquired by

AVW-TELAV INC.

Industry
Business Services
Services
Mergers & Acquisitions

Founded in 1984, Alford Media Services is a nationally recognized corporate event staging company providing audio, video, lighting and show coordination services for a wide range of clientele. Alford Media brings together a group of dedicated professionals with years of experience in the audio-video industry to provide solutions to customers worldwide.

has completed an acquisition and working capital financing

$70,000,000

Industry
Business Services
Services
Raising Capital

Trajen, based in Bryan, Texas, is a leading provider of aviation support and logistics solutions to the general aviation market and to the U.S. Department of Defense. Trajen has FBOs at 14 airports in the U.S., where it provides general aviation support services. Additionally, Trajen manages fueling and fuel logistic services at 12 locations for the U.S. military.

has been acquired by
and
Industry
Business Services
Services
Raising Capital

CapRock provides turnkey satellite telecommunications solutions primarily to the energy industry in the Gulf of Mexico, the North Sea and other remote locations.

has received

Financial Advisory Services

Industry
Industrial Services & Manufacturing
Business Services
Services
Advisory Services

Sovereign Business Forms, Inc. was founded in 1996 in Houston, Texas to consolidate the highly fragmented, wholesale business forms industry. Today, Sovereign is one of the ten largest manufacturers and wholesalers of custom business forms in the U.S., operating five businesses with a combined market reach that covers portions of the Central and Eastern United States. The Company manufactures and sells a variety of exclusively custom business forms, primarily serving wholesale forms distributors, other forms manufacturers and small commercial printing shops. Sovereign’s products are widely used within the healthcare, insurance, delivery and fulfillment, banking and automotive industries, as well as by a wide variety of small businesses. The Company’s products include snap-out forms, continuous forms, laser cut sheets and sales and log books.

has issued Class A membership interests

$4,200,000

Industry
Consumer Products & Services
Business Services
Services
Raising Capital

Simple Communications, L.L.C. sells phones and service through third-party retailers. The company is based in Houston, Texas.

has issued Class A membership interests

$2,960,000

Industry
Consumer Products & Services
Business Services
Services
Raising Capital

Simple Communications, L.L.C. sells phones and service through third-party retailers. The company is based in Houston, Texas.

has completed a private placement

$8,000,000

consisting of
Industry
Business Services
Services
Raising Capital

Barrett Kendall Publishing is an Austin, Texas based K-12 educational publisher.

has been acquired by

Industry
Business Services
Services
Mergers & Acquisitions

First Equity Corporation is an Austin, Texas-based finance company that originates, funds and sells purchase-money second mortgages, home equity loans and home improvement loans.

has received

Financial Advisory Services

Industry
Business Services
Services
Raising Capital

Barrett Kendall Publishing is an Austin, Texas based K-12 educational publisher.

has received

Financial Advisory Services

Industry
Consumer Products & Services
Business Services
Services
Advisory Services

Simple Communications, L.L.C. sells phones and service through third-party retailers. The company is based in Houston, Texas.

Lomas Financial Corporation

has received

Financial Advisory Services

Industry
Business Services
Services
Advisory Services

Lomas Financial Corporation offers financial services. The Company offers real estate mortgage and construction and development loans, as well as provides data processing services. Lomas Financial serves customers throughout the United States.

has completed an acquisition and working capital financing

$51,250,000

consisting of
Industry
Business Services
Services
Raising Capital

Stellar Event & Presentation Resources, Inc. operates as an event resource company in the United States. It focuses on staging special events, meetings, and corporate presentations. The company offers rental equipment and services. It provides resources, such as fine china, flatware, stemware, serving pieces, linens, chairs, tables, tents and structures, understructures, bleachers, tabletop, and food service equipment, as well as tents with electrical power distribution and lighting. Stellar Event also offers sound, lighting, video, and staging equipment. The company was founded in 1998 and is headquartered in Houston, Texas.

has completed a private placement

$12,500,000

consisting of
Industry
Business Services
Services
Raising Capital

Barrett Kendall Publishing is an Austin, Texas based K-12 educational publisher.

has sold the assets of
to

DR Acquisition Corp.

Industry
Specialty Distribution
Services
Mergers & Acquisitions

Travis International, Inc. is a diversified wholesale distributor of specialty products and provider of related value-added services.

DR Acquisition Corp.

has acquired the assets of
from
Industry
Specialty Distribution
Services
Buy-Side Advisory

DR Acquisition Corp.

has completed an acquisition and working capital financing

$7,402,000

consisting of
Industry
Specialty Distribution
Services
Raising Capital

has completed a private placement

$51,000,000

consisting of
Industry
Business Services
Services
Raising Capital

Founded in 1945 and based in Houston, Texas, Associated Building Services is a building service contracting company. Its services include janitorial services, clean room protocol, floor/carpet maintenance and restoration, refuse removal and recycling, post-construction cleans, day porters and attendants, painting and maintenance labor, parking lot cleaning and striping, risk management, disaster recovery, pressure washing, marble polishing, doormat exchange service, and re-lamping. The company has operations in Texas, Tennessee, Virginia, Arizona, Colorado, Louisiana, Oregon, and Washington.

has been acquired by

MECO, Inc.

and

Albritton Acquisition, L.L.C.

Industry
Business Services
Services
Mergers & Acquisitions

Maintenance Engineering Corp operates as an industrial equipment and supplies wholesale company.

has completed an acquisition and working capital financing

$62,500,000

consisting of
Industry
Industrial Services & Manufacturing
Services
Raising Capital

rePipe, Inc. provides underground construction and pipe rehabilitation services for sewer pipelines in North America. The company’s services include pre-job design assistance, pipe bursting, and trench less lining. It offers its services to governmental, commercial, and industrial operators of underground pipelines carrying wastewater, potable water, gas, and industrial products. The company is based in Houston, Texas.

has been acquired by

Industry
Business Services
Services
Mergers & Acquisitions

Albrecht & Associates, Inc. provides specialized divestment and advisory services to the upstream oil and gas industry. The company’s main focus is to assist sellers of oil and gas properties in receiving full value for their assets by providing sellers with experienced professional representation. Since its inception, Albrecht & Associates has sold over $1 billion in oil and gas properties.

has acquired
and acquired the stock of

Alford Media Services, Inc.

Industry
Business Services
Services
Buy-Side Advisory

Stellar Event & Presentation Resources, Inc. operates as an event resource company in the United States. It focuses on staging special events, meetings, and corporate presentations. The company offers rental equipment and services. It provides resources, such as fine china, flatware, stemware, serving pieces, linens, chairs, tables, tents and structures, understructures, bleachers, tabletop, and food service equipment, as well as tents with electrical power distribution and lighting. Stellar Event also offers sound, lighting, video, and staging equipment. The company was founded in 1998 and is headquartered in Houston, Texas.

has acquired

R&R Rentals

Industry
Industrial Services & Manufacturing
Services
Buy-Side Advisory

National Equipment Services, Inc. (NES) specializes in renting specialty and general equipment to industrial and construction end users. The Company rents over 750 different types of machinery and equipment, and distributes new equipment for nationally recognized original equipment manufacturers. NES also sells used equipment as well as complementary parts, supplies and merchandise, and provides repair and maintenance services to its customers. R& R Rentals is a hydraulic crane and aerial lift equipment specialist serving industrial customers along the Texas and Louisiana gulf coast.

has received

Financial Advisory Services

Industry
Business Services
Services
Advisory Services

Horton Homes, Inc. produces HUD code manufactured homes and modular homes in Southeastern United States. The company was founded in 1970 and is based in Eatonton, Georgia. Horton Homes, Inc. operates as a subsidiary of Horton Industries, Inc.

has completed an acquisition and working capital financing

$24,196,846

consisting of
Industry
Business Services
Services
Raising Capital

US Legal Support, Inc. provides legal support and staffing services in the United States. The Company’s services include court reporting, certified record retrieval, legal placement and staffing and related services to law firms and corporations.

has merged with

a wholly-owned subsidiary of
Industry
Business Services
Services
Mergers & Acquisitions

Computer Resources Management, Inc. develops, sells and supports an integrated suite of hardware and software designed specifically for the telecommunications market that provides convergent billing, customer service, and customer information management functions.

has issued Series A preferred stock

$5,000,000

Industry
Business Services
Services
Raising Capital

SPEC Group Holdings, Inc. is a leading provider of technicians, specialists, and professionals for a wide range of technical consulting, inspection, training and staff augmentation services to a select group of industries.

has acquired

Industry
Business Services
Services
Buy-Side Advisory

US Legal Support, Inc. provides legal support and staffing services in the United States. The Company’s services include court reporting, certified record retrieval, legal placement and staffing and related services to law firms and corporations.

has sold certain transportation assets to its

Senior Management Group

Industry
Business Services
Services
Mergers & Acquisitions

has received

Fair Market Value Opinion for a Limited Partnership Interest

Industry
Environmental & Sustainability
Business Services
Services
Advisory Services

Sprint Fort Bend County Landfill is a type IV construction and demolition landfill located in Richmond, Texas. In addition to serving customers of Sprint Waste Services and the Sprint family of companies, the landfill is open to the public. Since opening in 1982, the landfill has been managed with the highest safety and environmental standards while operating within all state and federal guidelines.

has issued common stock

$2,200,000

Industry
Business Services
Services
Raising Capital

E-Stamp Corporation provides Internet solutions designed to help businesses and consumers complete secure transactions.

Chase Telecommunications, L.P.

has issued limited partnership interests

$3,920,000

Industry
Business Services
Services
Raising Capital

Chase Telecommunications is a provider of Personal Communications Services.

has received

Financial Advisory Services

Industry
Business Services
Services
Advisory Services

Howell Corporation is a provider of insurance and logistics services.

Chase Telecommunications, L.P.

has completed a private placement

$14,950,000

Industry
Business Services
Services
Raising Capital

Chase Telecommunications is a provider of Personal Communications Services.

has issued units of membership interest

$7,500,000

Industry
Business Services
Services
Raising Capital

Post N Mail is a start-up postage service operator.

MCX Corp.

has completed an acquisition and working capital financing

$14,000,000

Industry
Business Services
Services
Raising Capital

MCX Corp. is a provider of transportation services.

Running W Citrus, LP

raised

$31,000,000

to acquire Coca-Cola Foods' Florida citrus operations from

Palmetto Partners and Houston Citrus Investors

Industry
Consumer Products & Services
Services
Raising Capital

Running W Citrus owns several orange grove locations in the southern half of Florida.

People's Choice TV of Houston, Inc.

has issued convertible preferred stock

$7,000,000

Industry
Business Services
Services
Raising Capital

People’s Choice TV of Houston, Inc. provides cable television services. The company was founded in 1999 and is based in Houston, Texas.

Express Cash International Corporation

has merged with

Industry
Business Services
Services
Mergers & Acquisitions

Express Cash International Corp. provides pawn brokerage services.

has completed a sale of minority interest

Financial Advisory Services

Industry
Business Services
Services
Advisory Services

Houston International Teleport, Inc.

has been acquired by
a wholly-owned subsidiary of

Motor Columbus Switzerland A.G.

Industry
Business Services
Services
Mergers & Acquisitions

Houston International Teleport provides satellite-transmission services.

Olshan Demolishing Company, Inc.

and

Olshan Asbestos Removal Corporation

have been acquired by

Industry
Industrial Services & Manufacturing
Services
Mergers & Acquisitions

Olshan Demolishing Co. and Olshan Asbestos Removal Corp. provide industrial dismantling and related services throughout the United States.

CirrusCorp., Inc.

has completed an acquisition and recapitalization financing

$18,250,000

Industry
Business Services
Services
Raising Capital

CirrusCorp., Inc. specializes in aviation products and services.

has acquired

Quinn Air, Inc.

and

Diversified Air, Inc.

Industry
Business Services
Services
Mergers & Acquisitions
Buy-Side Advisory

CirrusCorp., Inc. specializes in aviation products and services.

GulfStar Group
700 Louisiana Street
Suite 3800
Houston, Texas 77002


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