Industrial Sector

TM Capital has extensive industrial sector expertise gained through completing the many transactions listed below for clients in a broad range of manufacturing industries.

Proliance Completes Bankruptcy Sale
TM Capital assisted Proliance International Inc. in the sale of its European subsidiary, NRF, pursuant to section 363 of the bankruptcy code to Banco Products India Ltd.
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Tricon Acquired by Kennametal
TM Capital advised Tricon Metals & Services in its sale to Kennametal Inc. (NYSE: KMT)
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New Enterprise Acquires Stabler
TM Capital advised New Enterprise Stone & Lime on its acquisition of Stabler Companies and the arrangement of $535 million of related financing
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Constantine Acquired by Milliken & Co.
TM Capital has advised Constantine Carpet, a portfolio company of Lineage Capital, in its sale to Milliken & Company
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LaSalle Bristol Closes Debt Financing
TM Capital served as financial advisor to LaSalle Bristol, a distributor of products to the manufactured housing and recreational vehicle markets, in arranging a Revolving Credit facility to fund working capital
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Climax Acquired by DeltaPoint Capital
TM Capital advised Climax Manufacturing Company, a manufacturer of specialty folding cartons and recycled paperboard products in its sale to DeltaPoint Capital Management
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GPX Completes Bankruptcy Sales
TM Capital assisted GPX International Tire in completing the divestiture of its business units in three simultaneous Section 363 bankruptcy sales to Alliance Tire and other purchasers
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GPX Merger and Equity Recap
TM Capital advised Galaxy Tire & Wheel in completing a merger with Dynamic Tire to form GPX International Tire, a $300 million industrial tire producer, and a $41 million recapitalization with Sterling Investment Partners
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GPX International Tire Acquires MITL
TM Capital assisted GPX International Tire Corp. in its acquisition of Maine Industrial Tires Limited
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Omega Completes Share Repurchase
TM Capital was retained by the Board of Directors of Omega Protein (NYSE) to act as financial advisor in connection with Omega’s $47.5 million share repurchase from Zapata Corporation (NYSE)
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Howard P. Fairfield Completes Sale
TM Capital advised Howard P. Fairfield, Inc. in its sale to Specialized Industries, LP, a portfolio company of FB Capital Partners, L.P.
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Heywood Williams Sells Creation to Dura
TM Capital advised Heywood Williams Group PLC (LSE) in its $60 million divestiture of the Creation Group to Dura Automotive Systems (NASDAQ)
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Hypertherm, Inc. Establishes ESOP
TM Capital assisted Hypertherm, Inc. in establishing an Employee Stock Ownership Plan and arranged $40 million of senior debt financing
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Methode Completes Recapitalization
TM Capital advised Methode Electronics, Inc. (NASDAQ) in completing a $25 million share repurchase which recapitalized Methode into a one-share, one-vote structure
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DiversiTech Equity Recapitalization
TM Capital assisted DiversiTech Corporation in completing an equity recapitalization with Peachtree Equity Partners and High Street Capital
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Acquisition of Keystone Screw
TM Capital led an investor group in acquiring Keystone Screw Corp., a leading producer of brass and bronze fasteners
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Keystone Completes Recapitalization
TM Capital assisted Keystone Screw in completing a recapitalization transaction which returned capital to shareholders
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Thakar Acquires Division of RVM
TM Capital assisted Thakar Aluminum Corp. in acquiring the secondary aluminum billet casting division of RVM Industries, Inc.
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Thakar Sells Facility to IMCO Recycling
TM Capital completed the sale by Thakar Aluminum Corp. of its beverage can recycling operations to IMCO Recycling, Inc. (NYSE)
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Titan Sells TASCOA to Copperweld
TM Capital completed the $37 million sale by The Titan Industrial Corporation of its TASCOA tube and steel division to Copperweld, Inc.
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Titan Completes Senior Financing
TM Capital assisted Titan Industrial Corporation in arranging $55 million of Senior Credit Facilities for working capital purposes
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Recapitalization of Durand Wayland
Callier Interests and TM Capital acquired a majority equity interest in Durand Wayland, Inc., a leading manufacturer of fruit and produce handling equipment
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Cor-Box Acquired by CorrFlex Graphics
In the first transaction executed via our online M&A process, TM Capital completed the sale of Cor-Box, Inc. to CorrFlex Graphics, LLC
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Graham Completes Senior Financing
TM Capital assisted Graham Corporation (AMEX) in arranging senior debt financing to fund an ESOP and to refinance existing debt
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Graham Corporation Adopts Rights Plan
TM Capital assisted the Board of Directors of Graham Corporation (AMEX) in adopting a shareholder's rights plan
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Adage Sells Niagara to Int'l Metals
TM Capital advised Adage, Inc. (NASD) in its divestiture of Niagara Cold Drawn to International Metals Acquisition Corp. (NASD)
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Precision Specialty Metals Acquired
TM Capital assisted Precision Specialty Metals, Inc. in the sale of its assets under Section 363 of the Bankruptcy Code to Brady Investment Group
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Stevens Graphics Restructuring
TM Capital assisted Stevens Graphics Corporation (NASD) in completing a $68 million financial restructuring of its senior and subordinated indebtedness
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Stevens Graphics Public Offering
TM Capital advised Stevens Graphics Corporation (NASD) in completing its $24 million follow-on public offering of common stock
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Magellan Acquisition Offer Completed
TM Capital and Baron Partners jointly assisted Magellan Petroleum Corporation (NASDAQ) in completing its unsolicted exchange offer to acquire Magellan Petroleum Australia Limited
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Magellan Petroleum Tender Defense
TM Capital advised the Board of Directors of Magellan Petroleum Corp. (NASD) in its successful defense against an unsolicited tender offer by SAGASCO Holdings Ltd. of Australia
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Jameco Acquired By Watts Industries
TM Capital completed the $49 million sale of Jameco Industries, Inc. to Watts Industries, Inc. (NYSE)
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G.D Acquires Division of Package Machinery
TM Capital assisted G.D Package Machinery of Italy in acquiring the Gum Machinery division of Package Machinery Company
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CCX Completes Pre-Packaged Bankruptcy
TM Capital advised CCX Inc. (NASD) in completing its $35 million prepackaged bankruptcy reorganization
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Graham Packaging Distributes Equity
TM Capital served as financial advisor to Graham Packaging Company and provided valuation analyses regarding the distribution of certain ownership interests in the company
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Heywood Sells J&B to Federal Process
TM Capital completed the sale by Heywood Williams Group PLC (LSE) of its J&B Products Division to Federal Process Corporation
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