Southport-based Carter Morse & Mathias, which bills itself as an investment banking boutique and dates to 1987, recently won the Leveraged Buyout of the Year Award (purchase price up to $50 million) at the fourth annual M&A Advisor/ACG New York Deal Champion’s Awards.
CMM won for its financial merger-and-acquisition advisory work with Blue Bell Mattress Co. Inc. in East Windsor in its sale to Stamford-based Longroad Asset Management.
The win was the only one from the four categories in which the company was nominated. The winners were selected from more than 350 nominees in five major categories and were honored recently at the Champion’s Awards Gala at the Metropolitan Club in New York City.
Gary Mathias, managing director of CMM, said, “We are honored to accept this award and thank our client Blue Bell Manufacturing for giving us the opportunity to represent one of the premier companies in the mattress industry.”
Michael Carter, managing director of Carter Morse & Mathias, cited Stamford-based Longroad Asset Management; Hartford law firm Bingham McCutchen; tax and accounting firm Blum, Shapiro & Co., with offices in West Hartford and Shelton; and Santander Bank for their involvement.
CMM had also been nominated for Consumer Deal of the Year (under $50 million), Manufacturing Deal of the Year (under $75 million) and Strategic Deal of the Year (under $100 million).