Reuther Mold & Mfg. Co., Inc.

Company Description

Reuther Mold & Mfg. Co., Inc. (the “Company” or “Reuther”), is a worldwide leader in the design and manufacture of a variety of mold and tooling products that has been in operation for more than 75 years. The Company serves a wide array of end markets, with a particular focus and expertise in aerospace and defense. The Company leverages an experienced team, proven design and manufacturing processes, and leading technology to complete the most complex mold and tooling jobs in the market. Reuther’s comprehensive molding and tooling capabilities, coupled with its significant investment in machinery and equipment, have made the Company one of the premier molding and manufacturing businesses in the industry. Due to financial challenges with the business’s balance sheet, the Company defaulted on its senior indebtedness and was placed under a court-ordered receivership.

Services Provided

MelCap served as the exclusive investment banker and financial advisor to Reuther through the sale of the business. MelCap worked with the court-appointed Receiver, Mr. Cliff Croley, to quickly prepare materials and conduct a broad marketing process for the business. This involved navigating the complexities of both a transaction, and a variety of state court processes and procedures.

The Result

In this case, MelCap worked in complete cooperation with Mr. Croley throughout the entire process along with the other members of the Reuther deal team. In an effort to achieve the Receiver’s goals and objectives, and to support the Company’s strategic growth plans, MelCap was able to successfully identify the ideal buyer for the business. As a result, Reuther was sold to Additive Engineering Solutions (“AES”), headquartered in Akron, OH. AES was founded in 2016 to be the world’s first company to bring the newly developed Large Format Additive manufacturing (LFAM) technology to the marketplace as a service.

Deal Team

We would also like to thank the deal teams that worked on this transaction. We could not have completed this transaction without their tireless efforts. More specifically, we’d like to thank Croley Martell & Associates, McDonald Hopkins, Roetzel & Andress, Porter Wright, Brennan, Manna & Diamond, LLC, and Dinsmore & Shohl, LLP.

“MelCap did a fantastic job in the sale of the assets of Reuther Mold & Manufacturing and working with me as Court Appointed Receiver in a time-compressed situation to deliver maximum value. This was a difficult and complex situation, and MelCap did great work to deliver, as they always do.”

Mr. Cliff Croley

Receiver for Reuther Mold & Manufacturing Co., Inc.

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.