O2 Investment Partners Acquires Mercury Manufacturing
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O2 Investment Partners Acquires Mercury Manufacturing

O2 Investment Partners has acquired Mercury Manufacturing Company, a manufacturer of pressure relief valves.  The acquisition broadens O2’s portfolio of niche manufacturing companies and provides a new platform investment in the valve product segment.

Mercury Manufacturing Company is a manufacturer of pressure relief valves, check valves, precision machined components and assemblies serving the automotive, heavy duty truck, air conditioning and refrigeration markets.  The company was founded in 1964 and is based in Wyandotte, MI (www.mercurymfg.com).

O2 Investment Partners makes control investments in companies with EBITDAs from $2 million to $8 million located anywhere in the US and Canada but has a preference for the Midwest and the Great Lakes regions. The firm’s typical transaction size is $5 million to $50 million. Industries of interest include manufacturing, niche distribution, select service and technology businesses. O2 Investment Partners is based in Bloomfield Hills, MI (www.o2investment.com).

Amherst Partners acted as the exclusive investment banker to Mercury Manufacturing Company.  After 48 years of ownership, Mercury’s sole shareholder desired a liquidity event for estate planning purposes.  Mercury engaged Amherst to lead a sale process focused on maximizing value and identifying a buyer with the capital and resources to grow Mercury’s current platform.  Founded in 1994, Amherst Partners is a middle market investment bank with offices in Birmingham and Ann Arbor, MI; and Chicago (www.amherstpartners.com).

© 2013 PEPD • Private Equity’s Leading News Magazine • 1-25-13

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