Hy-Production Inc.
Company Description
Hy-Production Inc. (“Hy-Pro” or the “Company”), founded in 1966 and headquartered in Valley City, Ohio, is a vertically-integrated, industry-leading contract manufacturer specializing in highly complex, mission-critical precision-machined components and value-added assemblies primarily serving the industrial, agricultural, construction, and mobile hydraulics markets. Through the Company’s extensive and diverse primary machining, secondary machining, special process outsourcing, complete assembly, and full functional testing capabilities, Hy-Pro provides its customers with a “one-stop-shop” product realization solution with plug-and-play products, with an emphasis on valves, pumps, and mobile-hydraulic components, ready for end line production use.
Services Provided
MelCap served as the exclusive investment banker and financial advisor to Hy-Pro through the sale of the business. MelCap would like to thank Bill Kneebusch, CEO/Owner of Hy-Pro, for hiring MelCap to represent him in this transaction. It was an honor and pleasure to work with Bill and the Company throughout this exciting process.
Result
In an effort to achieve Bill’s goals and objectives and support the Company’s strategic growth plans, MelCap was able to successfully identify the most logical buyer for the business. As a result, Hy-Pro was sold to KKSP Precision Machining (“KKSP”), headquartered in Glendale Heights, IL. Founded in 1968, KKSP is a leading producer of screw machine parts with four locations in the U.S. and Mexico. KKSP is a portfolio company of Pine Grove Holdings, which is a boutique investment firm focused on long-term investments.
Client Quote
"Selling the business my father started in 1966 was not a decision I took lightly. As the second-generation owner, continuing the legacy of excellence and dedication my family built over the years was deeply personal to me. When it came time to choose a partner to guide me through this pivotal transition, I knew I needed an investment banking firm that shared my core values of integrity, trust, and expertise. I am incredibly grateful to have partnered with MelCap for this significant moment in the Company's history. MelCap's professionalism, attention to detail, and commitment to preserving the legacy of family businesses made all the difference. MelCap’s understanding of the Company’s journey and their unwavering dedication were essential in helping me navigate this process. Thank you, MelCap, for facilitating this successful transaction and for helping me find the right partner to carry this legacy forward".
Mr. Bill Kneebusch
CEO/Owner of Hy-Pro
About MelCap
MelCap (www.melcap.com) is an investment banking advisory firm specializing in providing high quality and innovative financial advisory services to middle market companies. Services provided include merger, acquisition, and divestiture advisory services, the private placement of senior debt, subordinated/mezzanine debt, and equity capital, and general advisory services including business valuations, restructurings, and feasibility assessments. In order to assist MelCap with securities related transactions, the investment bankers of MelCap are Registered Principals/Representatives of M&A Securities Group, Inc. (“MAS”), a FINRA broker-dealer firm.
About Globalscope Partners Ltd.
MelCap is also a partner in Globalscope Partners Ltd., (www.globalscopepartners.com), an international M&A network with 55 firms in 49 countries. Globalscope is a leading group of investment bankers and business advisors supporting clients in domestic and international M&A transactions.
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, Private Equity, Sell-Side M&A