metal stamping and fabricated products

$20M Revenue

Company Overview

The Company was a leading manufacturer of power transmission components & assemblies (i.e., highly engineered pulleys, sprockets, gears, pinions, spindle & steering gear assemblies, etc.) to large OEMs in a variety of industries, including lawn & garden, other outdoor power equipment, fitness, agricultural, conveyors and overhead doors.

Engagement Overview

The Company experienced significant financial and operational challenges. Ownership engaged FDP to serve as financial advisor to represent the Company for sale.

FDP prepared marketing materials and a buyer’s list and reached out to several industry participants.

The process yielded numerous site visits and management meetings that produced multiple offers. 

Fort Dearborn also guided Company management through the detailed due diligence process for multiple potential buyers.

The sale closed within four months from the date of the sale mandate.  In addition to our investment banking role, Fort Dearborn provided extensive cash management, vendor management and profit improvement consulting services.

Results

The Company was ultimately sold through a Receivership and yielded 100% recovery to the Company’s senior lender with a significant distribution to unsecured creditors that was beyond expectations.

FDP News

Jan - 25

FDP Advises Northern Wholesale Supply

Fort Dearborn Partners ("FDP" or "Fort Dearborn") is pleased to announce that we served as the sole financial advisor and investment banker to Northern... Read More

Oct - 23

Max Bechtel and Austin Curtis join Fort Dearborn Partners

Please join us in welcoming the newest members of the Fort Dearborn Team, Max Bechtel and Austin Curtis.

Read More