| MCM Recapitalizes Dexmet Corporation
Fund II Investment |
 Dexmet, established in 1942, pioneered a proprietary thin foil expanding process that simultaneously slits and stretches material, creating screen-like meshes. Dexmet's solid customer base is predicated upon its reputation as the premier, quality supplier of precision-expanded metals, foils and polymers with exacting mechanical and electrical properties to meet very tight conductivity, weight and dimensional tolerances. Their expanded products are used in the manufacture of batteries, fuel cells, filtration, aerospace, and automotive industries. Customers include such companies as Airbus, Boeing, Energizer, Saft, 3M, Bombardier, Federal-Mogul, Embraer, Henkel, and Cytec. For more information please visit their website ( www.dexmet.com). |
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Blog Post of the Month:
Variable Compensation: What Works and Why Part I
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By: Harry Shimp
Before we start on "what to do", let's talk about "why we do it". Variable compensation can be used for any combination of the following reasons:
- Align employee financial return with company financial performance;
- Encourage specific patterns of behavior among employees;
- Share the "fixed cost risk" of compensation between employee and employer.
For the purposes of a blog, let's separate variable compensation into two types: bonuses and incentives. Bonuses result from the achievement of a long term goal, and are usually paid annually. Incentives are meant to encourage specific behavior and are usually paid more frequently (monthly or even weekly for hourly works). Part I of this blog will cover bonus compensation while Part II will cover incentive based compensation. Read more |
| About Us
MCM Capital Partners, founded in 1992, is a Cleveland, Ohio based MicroCap private equity firm investing in lower middle-market companies generating revenues between $15 million and $75 million. Over the past seventeen years, MCM has successfully partnered with strong management teams in buyout and recapitalization transactions of niche manufacturing, specialty service, and value-added distribution companies.
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