October 7: Company News for Oct. 7 (Richmond Times-Dispatch)

October 7, 2013
SALES

BB&T Capital Markets served as financial adviser to SCT Holdings and its controlling shareholder, Tillery Capital, in its sale to an affiliate of Global Environment Fund. SCT is a supplier of engine and transmission calibration products for the performance automotive aftermarket and light-duty fleets.

Harris Williams & Co., a middle market investment bank, acted as the exclusive adviser to ROM Corp. and Specialty ManufacturingInc. in the sale of the two to The Sterling Group and management. Sterling is combining the businesses through its holding company, Safe Fleet Acquisition Corp. The transaction closed Sept. 30 and was led by John Arendale, Frank Mountcastle, Jershon Jones and Mike Williams from the firm’s Richmond...