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Sale Advisory / Diversified Industrials

Panther Crankshafts

Southfield, MI - June 13, 2004

P&M Corporate Finance served as exclusive financial advisor to Panther Crankshafts in its equity recapitalization with Gateshead Partners. Panther Crankshafts is a leading developer, manufacturer and assembler of non-automotive crankshafts. The Company needed capital to fund significant growth opportunities including expanding into Asia, while at the same time the owners were considering wealth diversification and succession strategies. Gateshead Partners is a private equity firm that invests in small to mid-size manufacturing and distribution companies. PMCF assessed shareholder objectives, the Company’s financial needs, and strategic alternatives before advising that a private equity transaction represented the best solution. The shareholders sold a portion of their equity to generate liquidity and diversification, while retaining a significant stake in the business.

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