Rostra Tool
Rostra Tool Acquired By Oetiker Group
Rostra Tool Company has sold 100% of its stock to the Oetiker Group of Horgen, Switzerland. Carter Capital Corporation, a CMM affiliate, served as Rostra's exclusive financial advisor for the transaction, which closed on October 31, 2014. Terms of the cash transaction were not disclosed. Backed by Buckingham Capital Partners and Ironwood Capital and financed by Harvest Credit Corp and Advantage Capital, Rostra designs and manufactures specialized hand tools mainly for the plumbing, automotive and electrical market. The company markets its product lines of crimp tools, press tools, cutting tools and strip tools to wholesale distributors and other market specific distribution channels under a number of trademarked brands, with its flagship brand being "Sargent Quality Tools". For more than 150 years, Rostra has led the industry in introducing innovative hand tool solutions that meet end users' exacting requirements for performance, durability, weight and ergonomics. For more information, please visit www.sargenttools.com.
Oetiker Group
Carter Morse & Goodrich
Located in Southport, Connecticut, Carter Morse & Goodrich is a boutique M&A advisory firm that specializes in representing founder-led and family-held businesses valued between $25 million and $250 million. While CMG provides a full range of investment banking services, our primary focus is representing owners who are pursuing their once-in-a-lifetime M&A transactions. CMG specializes in advising leading companies in niche markets to plan, prepare, execute, and close successful transactions that maximize shareholder value. CMG fully understands and appreciates the unique dynamics of closely-held businesses and the importance of owner legacies. For 35 years, the combination of our hands-on approach, senior banker attention, strategic guidance, seamless transaction execution and extensive network of domestic and international resources has enabled us to become a trusted advisor to hundreds of business owners.
203-349-8372
mcarter@cartermorse.com
http://www.cartermorse.com
