Posts

BoyarMiller advises on the acquisition of Amtel, LLC

BoyarMiller provided legal counsel to Houston-based Amtel Partners, LLC in the purchase of Amtel, LLC, which closed on August 30, 2019. Amtel Partners was led by CEO Andy Priest and President Jeff Bookout.

Based in Grapevine, Texas, Amtel is a leading T-Mobile Premium Retailer (TPR) with 152 locations across multiple U.S. geographies, including Texas, California, Indiana, Ohio, Kentucky, New York and Massachusetts. Amtel is led by long-tenured wireless retail industry veterans who manage a team of highly talented, store-level employees that deliver world-class customer service and leading T-Mobile system operational performance.

“We specifically sought out attorneys that would be deal makers and not deal killers. Bill Boyar came highly recommended from the investment banking community and proved to be creative and a deal maker, for sure,” said Priest. “Bill’s relationships with banks and his experience with credit agreements really helped to get us across the finish line. We look forward to growing the company and to furthering the relationship with Bill and BoyarMiller.”

The BoyarMiller team included co-founding Shareholder Bill Boyar, Senior Associate Cyrus Chin and Associate Alex Parker. The transaction was financed through a senior credit facility provided by Amegy Bank, Woodforest National Bank and Bank of Texas. GulfStar Group served as the financing and structuring advisor to Amtel Partners in the debt placement.

“We are grateful to have had the opportunity to work with Andy Priest and his team, and the GulfStar team led by Scott Winship and Brian Lobo, to complete this capital formation and acquisition. It was a true team effort to overcome several challenges and get the transaction closed. I am particularly proud of the work our BoyarMiller team did to get us to closing,” said Boyar.

If you would like to find out more information, please visit: https://www.boyarmiller.com/

Chris Hanslik Begins Term as Chairman of SEARCH Homeless Services

Chris Hanslik became Chair of SEARCH Homeless Services on July 1, after serving on the board of directors and on various committees since 2010.

“Homelessness hurts. So many in our community live on the streets or in shelters,” said Chris. “SEARCH and our community partners have accomplished a great deal, and while we believe a Houston without homelessness is achievable, there is still work to be done.”

Each year, SEARCH Homeless Services helps thousands of individuals and families move from the streets into jobs and safe, stable homes through many services and support programs.

“SEARCH is an organization that captures my passion for helping others and giving back because we are making a difference in improving our community and individual lives,” said Hanslik. “As clients move into homes, we also support them with programs to help them become job ready and gain employment. It’s transformative.”

SEARCH services go beyond meeting basic needs to ensuring that clients obtain permanent housing, increase their income, and live a more healthful life. Once clients are placed in a stable home, SEARCH provides extensive case management and support services to help them stabilize their lives in order to remain housed.

“We really work to break the cycle of homelessness,” said Hanslik. “By investing in children and families, SEARCH provides them with a brighter future. I feel very fortunate for our family’s blessings and the opportunities we have been given. So supporting SEARCH is my way of helping to create change and opportunities for others to have a better life.”

About BoyarMiller

BoyarMiller is a mid-size Houston-based law firm that advances client business goals by bringing new possibilities into focus with confidence and clarity to achieve extraordinary outcomes. Since 1990, we have been providing practical and smart business solutions. Our firm is comprised of two practice groups—business law and litigation—and we serve multinational companies, middle-market businesses and entrepreneurs in need of collaborative and strategic representation. See https://www.boyarmiller.com/ for more information.

About SEARCH Homeless Services

SEARCH pursues a mission of providing hope, creating opportunity, and transforming lives of men, women, and children who are trying to break free from the cycle of poverty and homelessness. We bring this mission to life every day by helping our clients obtain permanent housing, increase their income, improve their health, develop their children, and ultimately achieve independence. For more information, visit https://www.searchhomeless.org/.