Anderson Pump and Process has earned a strong reputation in the Midwest as a value-added distributor of industrial pumps and related products sold to a variety of end commercial and industrial fluid process markets. Anderson Pump engaged PPC to explore growth and acquisition alternatives for their business as the Company sought to increase their geographic presence outside of their Milwaukee-area headquarters, grow their distribution network, and expand their product offering. PPC approached a number of acquisition candidates on behalf of their client with a strategic focus on expanding Anderson's strong reputation serving customers requiring fluid process solutions, technical engineering support, and related equipment. PPC identified suburban Chicago-based Mid-States Engineering & Sales as a strategic acquisition candidate and assisted Anderson Pump in acquiring this business. Beyond negotiating the deal's economic terms and conditions for Anderson, PPC managed the entire financial due diligence and legal process through the successful closing of the transaction. The Company anticipates exploring several other acquisition targets identified by PPC during 2013.
Promontory Point Capital
is a Milwaukee-based investment banking
boutique focused on the needs of Midwestern privately-held businesses. Since 2003, our firm has helped dozens of companies explore financial and strategic alternatives for their business including the arrangement of debt and equity financing, the evaluation of business sale or recapitalization options, or the planning and execution of growth strategies involving acquisition, merger, or joint venture.
Situations where we have been helpful include:
Under-capitalized businesses needing an injection of “junior”
capital beyond bank debt, such as subordinated debt or equity.
Companies over-extended with their current lender or bank group,
including forbearance situations.
- 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