American Metal Technologies is a leading medium-volume manufacturer and supplier of precision component parts in cast iron, non-ferrous castings, steel forgings, sand and permanent mold castings. The Company provides primary engineering and secondary finishing for OEM’s, Tier 1 automotive suppliers, and other industrial segments. Having been adversely impacted by the downturn in both automotive and bank credit markets, AMT lacked the necessary funding to support desired growth. PPC was engaged as the Company’s financial advisor to explore strategic and financial options for the business which resulted in the merger of an affiliated entity and arrangement of new credit facilities. The resulting transactions allowed AMT to refinance existing credit facilities while also creating significant credit availability to fund expansion initiatives.
Promontory Point Capital
is a Milwaukee-based investment banking
boutique focused on the needs of privately-held businesses. We are
introduced to dozens of companies each year by lenders, lawyers, and
other advisors who have clients seeking to better understand their
options relative to growth, financing, or ownership transition alternatives.
Situations where we have been helpful include:
- Companies over-extended with their current lender or bank group,
including forbearance situations.
- Under-capitalized businesses needing an injection of “junior”
capital beyond bank debt.
- Business owners and management teams wishing to better understand
their options relative to ownership liquidity strategies or financing alternatives.
- Growth orientated companies requiring financing for expansion.
- Funding needed to finance acquisitions, shareholder redemptions,
We welcome your confidential inquiry and encourage you to visit our website at
www.promcp.com for more information on our firm's capabilities and other client successes.
322 East Michigan Street, Suite 500
Milwaukee, WI 53202