CMG Wins 2021 Private Equity Deal of the Year

carter morse and goodrich sign outside

November 17, 2021

Carter Morse & Goodrich ("CMG")is proud to announce that the recapitalization of the Barrier Companies by Lincolnshire Management, Inc. and VSS Capital Partners has won the prestigious 2021 M&A Deal of the Year at the 20th Annual M&A Advisor Awards.

“Given the backdrop of uncertainty, and the tremendous activity over the past year, these award finalists represent the finest deals and professionals within the M&A industry,” said Roger Aguinaldo, Founder of The M&A Advisor. “This period continues to be ripe with challenges, but also abundant with M&A activity. These professionals were able to navigate through a global pandemic, a distracting Presidential election and administration turnover, and a volatile economic turmoil, all the while executing transactions representing several hundred billions of dollars of enterprise value.”

Three CMG transactions were nominated for a total of eight awards this year, including Private Equity Deal of the Year and Strategic Transaction of the Year.  This award represents CMG’s 10th such award from The M&A Advisor.  Earlier in the year, CMG was also awarded two ‘Deal of the Year’ awards by M&A Atlas Awards for its client work.

"We are honored to be recognized again by our peers in connection with this prestigious award.  We are proud that the quality advice we provide business owners is recognized among this distinguished set of nominees." said Terence Hannafin, Managing Director at CMG.

Other advisors included UHY on Long Island, NY as the Company’s accounting and tax advisor and Seigfreid Bingham based in Kansas City, MO, as the Company’s legal advisor.  Finn Dixon & Herling LLP was the legal advisor to Lincolnshire Management and PWC provided financial and accounting advisory services to the buyers.

This year's winners were announced at the 20th Annual M&A Advisor Awards Gala on November 17 at the New York Athletic Club in New York City.

About the Barrier Companies.  

Founded in 2008 and based in Lenexa, Kansas, Barrier Technologies and Barrier Compliance Services (“Barrier”) is a leading national fire & life safety (“FLS”) and containment services provider with two key business lines - compliance services and new build services. The Company’s specializes in preventing the spread of fire, smoke, sound, water, and infection in high-value buildings, primarily serving healthcare facilities and data centers. Barrier’s services – ranging from inspections, repairs, assessments, installation, planning and code compliance support – are critical to remain in compliance with strict codes and standards.  Barrier employs over 150 professionals from four regional offices spread between Kansas, Colorado, Nebraska and Texas.

About The M&A Advisor

Founded in 1998, The M&A Advisor has built a leading global network of M&A, turnaround, and finance professionals across domestic and international deal-making. Recipients of its prestigious awards are among the most respected financial professional around the world. During the past two decades, M&A Advisor has established a legacy of showcasing emerging leaders, connecting pillars of the profession, and recognizing achievement throughout the community.

About Carter Morse & Goodrich:

Located in Southport, Connecticut, Carter Morse & Goodrich is a boutique M&A advisory firm that represents family-held and founder-led businesses valued between $20 million and $200million.  

CMG specializes in helping owners of leading companies in unique and niche markets plan, prepare, execute and close successful transactions that maximize shareholder value. We fully understand and appreciate the unique dynamics of closely-held and family businesses and the importance of their legacies.

CMG provides a full range of investment banking services with a  primary focus on representing owners who are pursuing their once-in-a-lifetime M&A transactions.  

For more than 30 years, the combination of our hands-on approach, senior banker attention, strategic guidance, seamless transaction execution and extensive network of domestic and international resources has enabled us to become a trusted advisor to hundreds of business owners.

We invite you to speak with us and learn how we can help you. For more information, please visit us online at:

CMG's Broker/Dealer affiliate, Carter Capital Corporation, is a FINRA member firm registered with the SEC and SIPC.

More news >
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Join Our Mailing List

For more than three decades, Carter Morse & Goodrich has excelled at maximizing shareholder value for our clients and leading transactions through to successful completion.

Please enter your information below to receive email updates
from Carter Morse & Goodrich.