ACG Houston Awards Amtel’s Acquisition by Amtel Partners as Consumer Products & Services Deal of the Year
The Association for Corporate Growth (ACG) Houston named Amtel, LLC’s (Amtel) acquisition by Amtel Partners as the ‘Consumer Products & Services Deal of the Year’ at its 2021 Deals of the Year awards ceremony.
Based in Grapevine, Texas, Amtel is a leading T-Mobile Premium Retailer with 152 locations across multiple U.S. geographies, including Texas, California, Indiana, Ohio, Kentucky, New York, and Massachusetts. The transaction was financed through a $56,000,000 senior credit facility provided by Amegy Bank, Woodforest National Bank, and Bank of Texas.
The event honored the deals and dealmakers who drive middle market growth and their success in generating job growth, capital formation, and the advancement of meaningful business relationships in the Houston community.
Porter Hedges represented Amtel in the transaction, alongside BoyarMiller, and served as special tax and employee benefits counsel.
Founded in 1954, ACG is a global organization with 59 chapters and over 14,500 members. Chapters in the U.S., Canada, Europe, and Asia bring dealmakers together to help them achieve their business and professional goals. www.acg.org/houston.
For the full list of award recipients, see the ACG Houston press release here.