Precision Machine & Mfg.
Precision Machine & Mfg. Acquired by Central Valley Fund w/management
Manufacturer of specialty valves sold to private equity firm. ACQUISITIONS NORTHWEST, INC.’s objective in this project was twofold: Jim and Colleen Miller, owners of PMM, had brought in Kirk Morton in 2011 to assist in sales expansion and to effect an eventual transition plan. In 2013, the Millers engaged ANI to accomplish the sale of the Company on acceptable terms and conditions for them personally while at the same time, structuring a sale where Kirk and Jo Morton could partner with financial partners that would have the same vision that they envisioned for growth, operations and culture. A number of discussions occurred with several very qualified private equity groups, culminating with the fact that the combination of Socius Capital and CVF Fund II were the best fit for PMM, the Mortons, and the Millers.
Central Valley Fund w/management
Acquisitions Northwest Inc.
Acquisitions Northwest, Inc. (ANI) is one of the oldest and most active boutique M&A advisory firms in the U.S. Pacific Northwest, dedicated to advising buyers and sellers of lower-end middle-market companies. Since being founded in 1974, the firm has compiled an impressive record of successfully consummated projects not only in the Northwest, but nationally and internationally as well. ANI has successfully directed a multitude of corporate divestitures, management buyouts, strategic acquisitions, sale of family or privately-owned companies and partial equity transfers. Typical transaction sizes are from $3 million to $40 million. Acquisitions Northwest?s focus has primarily been in manufacturing, however distributors and service companies in a broad range of industries have been part of their overall client mix. Majority of clients are family-held or privately-held companies, however, ANI has also been engaged by public companies, such as General Electric, for special divestiture projects. Cordell Berge, the Managing Director of ANI, was a co-founder of AICA and previously, had been President and Chairman of IMAP twice. In addition, Mr. Berge was the co-founder of ACG Portland and was a recipient of the Meritorious Service Award from the Association of Corporate Growth.
+1 503-225-0479
cberge@acquisitionsnw.com
http://www.acquisitionsnw.com
