Tag Archives: Northland Investment Corporation

JMC’s Acquisition

Companies, , ,

comarkLast month JMC Capital Partners announced its acquisition of Comark Corporation – a top designer and manufacturer of HMI products and systems. Operators use HMIs as the user interface to “control and monitor manufacturing processes and systems.” Comark produces: displays, workstations, kiosks and computers which are used throughout commercial, industrial, military, mobile and retail applications. The goal of its products is to successfully and smoothly perform in a variety of challenging environments.

JMC has a focused investment strategy vis-à-vis acquiring companies in America’s industrial products sector. Steven Rosenthal, Northland Investment Corporation – a member of its advisory board – has been developing strategy as leader of various companies for many years. This includes: Northland, and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. Given the experience JMC has had in this area, and along with its staff and advisory board, the firm is able to “influence the performance of [its] portfolio companies.” Using this strategy, the company encounters impressive growth and value “through consolidation synergies, cross selling acquired products and accessing new markets.”

The bulk of the work JMC focuses on includes the following industries: healthcare, safety equipment, industrial components, analytical instruments, process instrumentation, plastics, synthetics, specialty chemicals, fluid control and more.

Commercial Real Estate Market On the Rise

Real Estate, , ,

The commercial real estate market has been doing exceptionally well in the Eastern U.S. since the start of this year. Companies with a focus on the region, such as Northland Investment Corporation with CEO Steven P. Rosenthal, are being swept into a pace that, according to local brokers, hasn’t been matched in years. During the first two months of 2014, Erie County saw almost $120 million worth of commercial property deals despite the frigid weather. Robert Strell, a broker and owner of MBA Consulting and president of the Western New York Commercial Association of Realtors, said: “It’s almost staggering, I’ve got to tell you. We knew there was action and activity, but the total is a big number and there’s a lot more coming down the pike.” Experts have said that given the current rate, the market may surpass the half-billion-dollar mark and post more than $720 million in deals throughout the rest of the year. The activity recorded in January and February is high-priced, with deals exceeding $5 million in value and some reaching as high as $15 million. Amy Nagy of Hastings Cohn Real Estate confirmed this positive outlook, stating: “It’s highly busy in this first quarter. There’s a lot of momentum in the market that’s generating things moving along.”