Bexil American Mortgage will be operated by an experienced executive team, led by John M. Robbins, the former CEO of American Mortgage Network and past Chairman of the Mortgage Bankers Association. This team has previously formed startups, and has operated and successfully sold two mortgage banks to major financial institutions, including JP Morgan Chase and Wachovia Bank.

MidCap Advisors LLC, a boutique investment banking firm based in New York with offices throughout the United States, advised William Palumbo Insurance Agency, a Massachusetts insurance brokerage firm, in connection with the sale of its assets to Hub International New England.

Mountainside, NJ, August 15, 2011 - MidCap Equity Partners, LLC ("MidCap"), in conjunction with
management, today announced the acquisition of National Educational Music Co., Ltd. ("NEMC"), one of the largest band and orchestra musical instrument rental companies in the United States.

The leading supplier of health supplies and equipment to schools has retained MidCap Advisors to help them implement an aggresive acquisition program.

More than 95% of the top school districts and universities in the U.S. purchase our client's products annually. Our client offers over 12,000 products from more than 600 manufacturers. After 40+ years of solid growth our well-capitalized client is now interested in growing through acquisition.

Specifically, we are looking to acquire PreK-12 and Higher Education Focused Suppliers that fit the following criteria:

MidCap Advisors has been retained to sell a fast growing, very profitable postsecondary technical college with five campuses in the Southeastern United States. The School's programs are built around three fast growing professional careers: medical assistants, medical billing and coding professionals, and applied technology, which includes HVAC.

This unique education company has experienced exceptional growth in recent years. Student enrollment has grown at an average growth rate of 83% over the last 4 years.

Regardless of the structure of an M&A transaction, all purchase and sale agreements have two very important sections that are heavily negotiated: Reps and Warranties and Indemnification. It is essential for potential sellers to understand the reps and warranties they will be asked to make so they are not surprised or unprepared when they get a draft of a purchase and sale agreement.

Representations and Warranties

The buyer and seller make reps and warranties to each other in the purchase and sale agreement. The seller's reps and warranties typically make up the largest part of the purchase agreement. These reps and warranties serve two important purposes.

At MidCap Advisors we advise clients on the "transaction continuum" ranging from licensing, which represents a relateively low level of commitment by both parties, to the purchase or acquisition of a company, which represents the highest level of commitment. 

The following is an exerpt from an excellent article on the pros and cons of licensing by attorney Bill Venema, a partner with the law firm of Epstein Becker & Green. This article describes the pros and cons of licensing from both sides of the table.

With the rebound in the economy and the increase in business valuations, MidCap Advisors has seen a significant increase in activity.  Below is a list of some of the projects on which MidCap Advisors is working.