Press Releases

Learn about our latest milestones and business engagements.

June 20, 2012

PCR Recognized with Deal of the Year Awards

NEW YORK, NY (June 19, 2012) ” Phoenix Capital Resources and the entire deal team for the sale of Ennstone, Inc. were recognized at the ACG and M&A Adviser New York Champions” Awards at Sotheby’s New York.

The sale of Ennstone, Inc. to Bardon, Inc., d/b/a Aggregate Industries Management, Inc., a subsidiary of publicly-traded Holcim Ltd (SWX:HOLN), was named Middle Market Deal of the Year (between $25MM and $50MM), and won accolades as Industrial Manufacturing & Distribution Deal of the Year (between $5MM and $50MM). Phoenix Capital Resources acted as the exclusive financial advisor to Ennstone, Inc. Deal team members included Michael Jacoby, Adam Cook, Donald Cunningham, and Patrick Hughes. The specific terms of the transaction were undisclosed.

Other members of the deal team recognized at the event included the following: Aggregate Industries Management (buyer), McGuire Woods, LLP (counsel to the seller), Holland & Hart LLP (counsel to the buyer), Wells Fargo Wholesale Banking (lender to the seller), and VRooms (data room provider).

Criteria used by the judges included the importance of the transaction, product, service, or dealmaker to the industry, and the level of creativity, resourcefulness, and perseverance it took to complete the deal.

“The ACG New York Champions” Awards winners represent the best of M&A in the New York area in 2012 and earned these honors by distinguishing themselves among a group of very impressive finalists,” said Roger Aguinaldo, CEO of The M&A Advisor.

Donald Cunningham remarked as follows, “It is an honor to be recognized by ACG and The M&A Adviser for the work that culminated in the sale of Ennstone. There were a number of hurdles presented during this transaction, but all parties collaborated to get it over the finish line.”

About Phoenix Capital Resources

Phoenix Capital Resources provides seamless investment banking solutions, including M&A advisory, complex restructurings, and private placements. Phoenix Capital Resources is a U.S registered broker-dealer and member of FINRA and SIPC. Proven. Results.® Visit for more information.

About ACG New York Inc. and The M&A Adviser

ACG New York Inc. is the premier association in New York for middle market dealmaking professionals: private capital providers (both equity and debt), M&A advisors, corporate executives, accountants, attorneys, and other related service providers. The New York chapter of the Association for Corporate Growth, ACG New York annually hosts more than 70 events in New York City, Westchester, and Long Island attended by over 8,000 professionals. Visit to learn more.

Since 1998, The M&A Advisor has been presenting, recognizing the achievement of and facilitating connections between the world’s leading mergers and acquisitions, financing and turnaround professionals with a comprehensive range of services including M&A SUMMITS; M&A AWARDS; M&A CONNECTS™; M&A ALERTS™, M&A LINKS™ MandA.TV and M&A MARKET INTEL™. Visit to learn more.

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