Watteredge Inc.
Company Description
Watteredge Inc. is one of the world’s leading designers and manufacturers of secondary power connectors, including electric arc furnace cables, resistance welding cables, high current DC switches, and industrial high-performance copper bus and accessories, all primarily utilizing copper.
Services Provided
MelCap Partners acted as the sell side advisor to Watteredge.
Result
In an effort to continue to provide its customers with high quality product, the shareholders of Watteredge sold the Company to Coleman Cable, Inc. (Nasdaq: CCIX), a strategic buyer located in Waukegan, Illinois.
Client Quote
“We had a very positive experience working with MelCap Partners. Their expertise and knowledge was a tremendous help in the selection of a buyer that met our goals and expectations. MelCap did an excellent job of keeping the process moving smoothly and on an agreed upon timeline. Their professionalism and ability to deliver successful results made MelCap the right choice for us.”
Mr. Joseph P. Langhenry
Watteredge’s President
Providing the Services Business Owners Need for Over Two Decades
At MelCap Partners, our team of experienced industry professionals has a high amount of respect for business owners making pivotal decisions — whether they’re selling their business or expanding. We do our best to provide services that honor the work they’ve put into building their business from the ground up.
We know the big events concerning your business are hard, especially if family is involved, and that’s why our team is ready to help so you don’t have to go through the process alone. We’ll help you navigate any challenges that come your way so you can successfully meet your goals and objectives.
If you’re ready for help taking the next step in pursuing your goals, we’d love to use our experience to get you there. We know that getting to this point hasn’t been easy and we’re here to walk you through the process. If you’re ready to start, we’d love to have you connect with one of our professionals today.
- Category: Industrials, Sell-Side M&A