Skip to content
  • About Us
    • Careers
  • Services
    • Sell Side Advisory
    • Buy Side Advisory
    • Transaction Planning & Advisory
    • Capital Raising
  • Industry Expertise
    • Business Services
    • Consumer, Food & Retail
    • Healthcare
    • Industrials
    • Plastics & Packaging
    • Software & Technology
  • Transactions
  • Team
  • News & Insights
    • Industry Updates
    • News
    • Perspectives
    • Events
Menu
  • About Us
    • Careers
  • Services
    • Sell Side Advisory
    • Buy Side Advisory
    • Transaction Planning & Advisory
    • Capital Raising
  • Industry Expertise
    • Business Services
    • Consumer, Food & Retail
    • Healthcare
    • Industrials
    • Plastics & Packaging
    • Software & Technology
  • Transactions
  • Team
  • News & Insights
    • Industry Updates
    • News
    • Perspectives
    • Events
Contact

Transactions

  • Back to Transactions

PMCF advises Great Lakes Trim, Inc in its sale transaction to GLT GLIF, Inc.

  • April 20, 2019
  • Transactions
  • Industrials

has been acquired by

P&M Corporate Finance, LLC (“PMCF”) is pleased to announce that it served as the exclusive financial advisor to Great Lakes Trim, Inc. (“GLT” or the “Company”) in its sale to  GLT GLIF, Inc., a private investment group.

Headquartered in Williamsburg, Michigan and founded in 2001 by Tom and Jeff Crandall, GLT is a leading supplier of decorative automotive finishes, including door panels, arm rests, center consoles and seatback panels for automotive OEMs. Over the course of its history, the Company has demonstrated an ability to provide a quality product on time and competitively priced.  Broad in-house processing capabilities include die cut & sew, vacuum forming, compression bonding, compression molding, thermoforming, semi-automated and automated assembly, structural reaction injection molding (RIM), and robotic cutting. The Company’s motto – “the customers get the best of us” – is instilled throughout its employee base, and has led to success with some of the most iconic and long-running nameplates for blue-chip customers.

Gary Wood of GLT GLIF, Inc. remarked, “GLT’s differentiated capabilities and overall customer service philosophy have established the Company as a leader in the space.  We are excited about the opportunity to work with Tom, Jeff and the management team to lead GLT through its next phase of growth.”

Tom and Jeff Crandall hired PMCF to serve as GLT’s investment banker and lead the sale process. GLT President Tom Crandall noted, “We are pleased with the decision to hire PMCF on this transaction.  PMCF was highly involved in all phases of the process from identifying potential buyers and setting the marketing strategy, to leading negotiations of the transaction terms, facilitating the due diligence process and assisting on the legal documentation.  PMCF’s understanding of the business and its key value drivers, technical expertise and practical guidance translated into a successful outcome for all parties involved.”

The transaction closed on February 28th, 2019.

Prev
Next

Stay Informed

Subscribe to our newsletter for the latest industry updates

Subscribe

Latest Transactions

PMCF Advises Crane Engineering in its Sale to AEA Investors Small Business Private Equity
PMCF Advises Wm. Crook Fire Protection in its Sale to Viking Fire Protection, a subsidiary of APi Group
PMCF Advises Ventcon in its Sale to Gallagher-Kaiser Corporation
PMCF Advises SVS Vision in a Transaction with Fielmann Group
PMCF Advises Tire Wholesalers in its sale to Turbo Wholesale Tires, a portfolio company of Kingswood Capital Management
Contact

Follow Us On

Cfi Logo White 94x94 On About

Home

  • About
  • Team
  • Careers

Services

  • Sell Side M&A Advisory
  • Buy Side M&A Advisory
  • Capital Raising
  • Transaction Planning & Strategic Advisory

Industry Expertise

  • Business Services
  • Consumer, Food & Retail
  • Healthcare
  • Industrials
  • Plastics & Packaging
  • Software & Technology

News & Insights

  • Transactions
  • News
  • Industry Updates
  • Perspectives

PMCF is a trade name for PMCF Advisors, LLC and P&M Corporate Finance, LLC. The term “PMCF” refers to one or more of these legally separate and independent advisory practices. P&M Corporate Finance, LLC provides capital raising and private placement services that require registration as a broker-dealer.

©2023 PMCF

  • Member SIPC​
  • Member FINRA
  • FINRA Broker Check
  • Business Continuity Plan​
  • Disclaimer​
  • Privacy Policy​