Middle Market Deals and how to buy, sell and raise capital from $5 to $500 million

I just got back from the MountainWest Capital Network Entrepreneur of the Year Award luncheon honoring Kirk Benson, the CEO of Headwaters, Inc. (NYSE: HDHW). 

After a thoughtful introduction from Dan McPhun, Mr. Benson gave a great speech, crediting his employees with the successes of Headwaters.   He then proceeded to provide an overview of all of the aspects of the business and some of its history.  He also noted that because one of their divisions serves the residential construction industry, Headwaters views 2007 as a bit of a "transitoin year," with slower growth in revenue and earnings.

Personally, I admire Kirk for creating such a great company from one that was frankly not so great.  He really led a fundamental change in the former Covol Technologies, building a tremendous success from what might easily have been a failure without his leadership.

You should also remember, that while I am an investment banker with the Thorpe Capital Group, this blog is intended for educational purposes and should never be treated as investment advice, an offer to sell or a solicitation of an offer to purchase any security.

Update:  Thanks to Jason Alba for catching a now-corrected spelling error in the headline.