Navigation Links
Carl Marks Advises Scovill Fasteners in Sale of Company
Date:5/10/2011

NEW YORK, May 10, 2011 /PRNewswire/ -- Carl Marks Advisory Group LLC, the investment banking and corporate revitalization firm based in New York, has been retained to act as financial advisor to Scovill Fasteners Inc., a Clarkesville, Ga.-based manufacturer of engineered closure products used in the apparel and industrial markets.  Scovill filed for Chapter 11 bankruptcy protection last month.  Carl Marks is facilitating the sale of the company's operations and assets in connection with the Chapter 11 filing.

Founded in 1802 in Waterbury, Conn., Scovill Fasteners is an industry leader in the production of high quality snap fasteners and tack buttons.  Today, the company's primary manufacturing facility and headquarters are located in Clarkesville.  Its brand portfolio includes products that have high brand recognition in the various markets served, including Gripper®, Duramark®, DOT®, Pull-The-DOT®, Lift-The-DOT®, Common-Sense® and DOT Durable™.  Scovill's products are used in a wide range of applications, including jeans wear, infant and children's wear, sporting goods, medical devices and safety equipment.

Carl Marks was retained by Scovill to provide financial advisory services in September 2010. Scovill has agreed to sell nearly all of its operations and assets to Global SFI Holdings LLC, subject to higher and better bids and bankruptcy court approval. The company intends to continue to operate as usual during the bankruptcy process.  The sale is expected to be completed by June.

About Carl Marks Advisory Group LLC and Carl Marks Securities LLC

Carl Marks Advisory Group LLC, with offices in New York, Vienna, Va., Bedminster, N.J., and Charlotte, N.C., provides a wide array of investment banking and financial, operational and real estate advisory services to the middle market, including mergers and acquisitions advice, sourcing of capital, financial restructuring plans, strategic business assessments, improvement plans and interim management. Carl Marks Advisory Group is the 2010 recipient of the Turnaround Management Association's Turnaround of the Year Award in the Large Company category.

Carl Marks Securities LLC, based in New York, assists its clients in executing private placements of debt and equity. The firm is a member of FINRA and SIPC. Additional information about Carl Marks Advisory Group LLC and Carl Marks Securities LLC is available at www.carlmarks.com.


'/>"/>
SOURCE Carl Marks Advisory Group LLC
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Prepared Remarks of Attorney General Michael B. Mukasey Before the House Judiciary Committee
2. Nations Laboratory Response Network Marks First Decade of Protecting Public Health
3. Clinical Study Proves Pollogens TriPollar(TM) Radio Frequency Technology is Effective in the Treatment of Stretch Marks
4. The Most Advanced Solution for the Reduction of Stretch Marks Based on TriPollar(R) Technology Presented at the Upcoming EADV Congress
5. Physiotherapy Associates Marks National Physical Therapy Month With Free Educational Brochure
6. CPhI 2009: Madrid Launch for BioPh Marks Pharma and Biotech Convergence
7. New TROY SecureRx Prescription Printer Marks 50th Hospital Installation Milestone
8. Merz Pharmaceuticals Introduces New Mederma(R) Stretch Marks Therapy Now Available in Drugstores Nationwide
9. Remarks as Prepared for Delivery By Attorney General Eric Holder at the AstraZeneca Settlement Announcement
10. The SCOOTER Store Marks Half-Millionth Life Changed
11. Elekta Earns Top Customer Marks from MD Buyline for 2nd Quarter 2010
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/25/2016)... May 25, 2016 As illustrated ... earlier this month, the numbers and momentum of cannabis ... climb into the billions, more research and development push ... Edition State of Legal Marijuana Markets Report  from from ... firm, much of the increase in sector is attributed ...
(Date:5/25/2016)... , May 25, 2016 MedDay, ... disorders, announces that an oral presentation entitled "High doses of ... MS-SPI trial" will be given by Professor Ayman Tourbah ... 2nd Congress of the European Academy of Neurology (EAN) in ... and related disorders 3" will take place on Sunday, 29 ...
(Date:5/24/2016)... -- Niederländische Chirurgen haben eine innovative ... erlaubt, ihre Expertise weltweit zu teilen und so ... mit einer Instant-Messaging-Funktion und der Möglichkeit, in einem ... Afrika, Asien und den USA ... Information und Weiterbildung   "MDLinking ...
Breaking Medicine Technology:
(Date:5/26/2016)... (PRWEB) , ... May 26, 2016 , ... W.S. ... products, has been honored with a 2016 When Work Works Award for its use ... part of the national When Work Works project administered by the Families and Work ...
(Date:5/26/2016)... ... , ... On Memorial Day, Hope For Heroes and USA Medical ... for the country. The nonprofit Hope For Heroes partnered with the leading provider ... for disabled military veterans, as well as police, firemen, and EMS professionals across the ...
(Date:5/26/2016)... ... May 26, 2016 , ... Catalent ... for drugs, biologics, consumer health and global clinical supply services, today announced two ... support the company’s continued investment and strategic growth plans in the Asia Pacific ...
(Date:5/26/2016)... Indianapolis, Indiana (PRWEB) , ... May 26, 2016 ... ... national provider of healthcare supply chain solutions, today announced the organization has earned ... management meets international standards and is compliant with all rules and policies associated ...
(Date:5/26/2016)... NY (PRWEB) , ... May 26, 2016 , ... ... founder of Mehling Orthopedics and chief medical officer of Blue Horizon International (BHI), ... and Regeneration. The conference was held during May 5-6, 2016 in Chicago, IL, ...
Breaking Medicine News(10 mins):