Company Description
Miller Centrifugal Casting Company (“MCC”) is a leading producer of high quality, vertically cast, centrifugal castings, serving two markets, each with its ferrous and non-ferrous product lines.
Services Provided
MelCap Partners acted as the sell side advisor to MCC and its shareholders, Birchmere Capital Partners.
The Result
MCC was sold to Eisenwerk Sulzau-Werfen (“ESW”), a European strategic buyer located in Austria.
“After interviewing several other investment banking firms, we felt that MelCap Partners was the best fit to represent us in the sale of MCC due to their metal fabrication and machining experience. The results speak for themselves…they were able to sell MCC to the most logical strategic buyer, which allowed the shareholders to receive a full value for the business while at the same time put the Company in the hands of an owner that will enable the business to rise to the next level. After contacting both strategic and financial buyers alike, domestically and internationally, we strongly believe that ESW was the best fit. We would highly recommend MelCap Partners and will certainly consider working with them in the future.”
