Ward Leonard
Ward Leonard Acquired By Houma Armature Works
Ward Leonard CT LLC ("Ward Leonard"), based in Thomaston, Connecticut, has acquired Houma Armature Works, based in Houma, Louisiana, a maintenance, repair and overhaul (MRO) company specializing in motor and generator systems. Carter Morse & Mathias served as Ward Leonard’s exclusive financial advisor for the transaction, which closed on April 23, 2015. Terms of the transaction were not disclosed. Ward Leonard is a global industrial technology company that develops highly engineered motor, generator, control and MRO solutions for a diverse range of energy, heavy industry and government customers worldwide. For more than 120 years, their products and services have harnessed power to solve complex, mission-critical infrastructure applications, and enabled their customers to achieve benchmark performance, productivity and uptime in the world's most demanding environments.
Houma Armature Works
Carter Morse & Goodrich
Located in Southport, Connecticut, Carter Morse & Goodrich is a boutique M&A advisory firm that specializes in representing closely-held and family businesses valued between $20 million and $200 million. CMG specializes in helping owners of leading companies in unique and niche markets to plan, prepare, execute, and close successful transactions that maximize shareholder value. We fully understand and appreciate the unique dynamics of closely-held and family businesses and the importance of their legacies. While CMG provides a full range of investment banking services such as business sales and divestitures, equity and debt capital raises, acquisition services and pre-transaction advisory services, our primary focus is representing sellers who are pursuing their once-in-a-lifetime M&A transactions. For more than 30 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. CMG's Broker/Dealer affiliate, Carter Capital Corporation, is a FINRA member firm registered with the SEC and SIPC. For more information, please visit us online at: www.cartermorse.com
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rgoodrich@cartermorse.com
http://www.cartermorse.com