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.
The 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.
“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.”