PMCF Transaction Wins "Deal of the Year" Honors
Jan 28, 2014
Chicago, IL and Southfield, MI - P&M Corporate Finance, LLC ("PMCF") is pleased to announce that Prophet Equity's recapitalization of Hatch Stamping Company has been named the "Industrial Manufacturing/Distribution Deal of the Year" by The M&A Advisor. PMCF served as Hatch Stamping's exclusive investment banking advisor in the transaction.
"This transaction was an excellent outcome for all parties involved and we are thrilled it is being recognized by The M&A Advisor," said Phil Gilbert, Managing Director of PMCF. "In addition to achieving a personal liquidity event, Mr. Hatch found an operationally-oriented partner that is supportive of the company's proven strategy. Through its investment, the management team aligned itself with the success of the organization it manages and positioned itself to reap the rewards of its efforts. Prophet Equity made an investment in an industry leader with an established brand, a strong reputation, and an excellent management team."
Headquartered in Chelsea, Michigan, Hatch is a leading manufacturer of complex metal stampings and assemblies to the automotive industry. The company supplies the world's leading manufacturers of fuel, braking, roofing, and interior automotive systems with complex safety critical metal components and mechanisms through its six manufacturing centers of excellence, including a state of the art facility in Queretaro, Mexico. Hatch provides a broad spectrum of value-added capabilities, including robotic welding and subcomponent assembly, e-coating, in-line vision inspection and error detection, prototype design and construction, and full tool and die-build and repair. Combining the most advanced and efficient automation, production, and secondary operation equipment with in-house engineering resources, Hatch has established itself as a trusted manufacturing partner to a marquee and global customer base of Tier 1 automotive suppliers.
PMCF is a middle market investment bank providing merger & acquisition advisory services to companies in North America and Europe. PMCF provides public and privately-owned companies and private equity firms with a broad range of M&A advisory services including sale and acquisition advisory, capital raising, fairness opinions and strategic advisory. Through its offices in Chicago and Detroit, the firm has dedicated industry teams providing services to the business services, medical technology, diversified industrial and plastics & packaging industries. PMCF is a founding member of Corporate Finance International®, a network of boutique investment banking firms across North America, Europe, South America and Asia. PMCF also was named Boutique Investment Banking Firm of the Year in 2013 by The M&A Advisor.