PMCF is pleased to announce that their firm received two awards at the Global M&A Network’s 3rd Annual USA M&A Atlas Awards Ceremony on May 25 and 26, 2021. During the celebrations, the Global M&A Network recognized the achievements of successful dealmakers, outstanding firms, and the best-growth delivering transactions. PMCF received the “Plastics & Packaging Deal of the Year” award for its role in MPE Partners’ recapitalization of Teel Plastics and the “Electrical Products & Services Deal of The Year” award for its role in The Kendall Group’s acquisition of Forberg Scientific.
PMCF was honored with the “Plastics & Packaging Deal of the Year” award for its role as exclusive financial advisor to Teel Plastics during its recapitalization with MPE Partners. Teel is a world-class, technology-driven manufacturer of highly engineered and complex plastic components specializing in plastic extrusion and injection molding. The company was founded in 1951 and has developed a reputation for superior quality, materials expertise, collaborative product development, and exceptional customer service. “John Hart and his team were instrumental in helping us select the best partner for Teel and making this a successful transaction for both the company and the Smith family,” said Jay Smith, Teel Plastics owner and Chairman. “PMCF’s expertise in the plastics industry and comprehensive approach enabled us to effectively position Teel’s unique capabilities and growth opportunities. They orchestrated a great process for us and were heavily involved from the early planning stages through every step of the transaction process.”
PMCF was also presented with the “Electrical Products & Services Deal of The Year” award for its role as exclusive financial advisor to Forberg Scientific during its acquisition by The Kendall Group. Based in Troy, Michigan, Forberg is an established distributor and manufacturer’s representative to the process control and instrumentation marketplace. Forberg’s reputation as a trusted distribution partner has allowed it to build a strong line card, including the most prominent suppliers within the industry. Carl Derian, President of Forberg, commented, “Selling a business and achieving ‘the close’ is not as easy as it may seem. Working with the team at PMCF was paramount to its success. PMCF began the process by developing a strategy, implementing it, and seeing it to the end. Joe Wagner, Jayson Gitt and the rest of the PMCF team coached us along the way, and in some cases, held our hand, and advised us to gain the best results for our stockholders and our employee team members. PMCF’s value was immeasurable.”
“We kept the tradition of honoring eminent firms and top performing dealmakers from the lower and middle market transactional communities. While the past year was unpredictable, we were able to honor the winners who exemplify excellence for executing transactions. We appreciate their participation and wish them continued success.” Shanta Kumari, CEO and Global Group Editor, Global M&A Network.