COSTA MESA, Calif., Sept. 19, 2005 (PRIMEZONE) -- Circle Peak Capital Management LLC of New York City completed the acquisition of Hill and Valley Inc. (formerly Nancy's Pies Inc.), a privately held business based in Rock Island, Ill. Transaction terms were not publicly disclosed.
RSM EquiCo Capital Markets initiated the transaction, led the negotiations and acted as financial advisors to Hill and Valley Inc.
"Hill and Valley sought to align itself with a company that would benefit from its already established brand, product lines and customer base. With its active management and value added approach to build business and net returns, Circle Peak represented the perfect fit," said Brian Boyle, managing director of the RSM EquiCo Capital Markets Chicago office.
About RSM EquiCo Inc.
RSM EquiCo is a global provider of investment banking services, primarily to private companies with annual revenues of up to $500 million. The firm brings together companies, capital and creativity on a national and international scale to help clients achieve their personal and strategic objectives. RSM EquiCo's financial resources, in-depth research capabilities, industry knowledge, banking expertise and ability to access national and international buyer pools on behalf of clients are unmatched in the North American midsized business arena.
RSM EquiCo is part of RSM McGladrey Inc., a business segment of H&R Block. RSM EquiCo is licensed by the SEC and all state securities authorities, and is a member of the NASD and SIPC.
The firm's international headquarters are located in Costa Mesa, California. It also has offices in Chicago and London.
About Hill and Valley Inc.
Hill and Valley Inc. manufactures a broad line of high quality sugar-free and no-sugar-added bakery products. Founded by George Coin in 1986, the company's product lines include cakes, cookies, pies and muffins sweetened with a variety of sugar substitutes, including corn derivatives such as maltitol. Hill and Valley's pre-baked products are sold as ready-to-eat items through national supermarket and grocery chains' in-store bakeries. In addition to providing healthier dessert alternatives for consumers, all of Hill and Valley's bakery products are certified kosher.
About Circle Peak Capital Management LLC
Circle Peak Capital Management LLC invests in small to midsized manufacturing, distribution, marketing and service companies with revenues up to $300 million. The firm, which was established in 2002, focuses primarily on the consumer-packaged goods and financial services sectors.