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 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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