Lincoln International was the exclusive financial advisor to Rutland and Graycliff Partners and worked closely with the company’s senior management team throughout the transaction process. Lincoln provided advisory expertise and managed the preparatory, marketing, due diligence and final negotiation phases of the transaction. The transaction was led by Lincoln International’s Global Chemicals Group.
“The Lincoln team’s experience, guidance and thoughtful advice throughout the process were invaluable in ensuring a successful transaction for Graycliff and Rutland that underscored the company’s attractive position as a platform for growth,” said Duke Punhong, Principal at Graycliff Partners.
Rutland Plastics is a provider of screen printing inks for the apparel industry and plastisol compounds used in coating, molding, and other applications for automotive and industrial customers. The company’s customers and end-users range from apparel makers and large ink distributors to local print shops. Rutland was founded in 1962 and is based in Pineville, NC. In addition to its headquarters, Rutland has three other locations in North America, and international locations in the UK, Peru and India (www.rutlandinc.com).
“We were privileged to represent Graycliff Partners in this important transaction. There was significant competitive interest in a company with such strong domestic market position, global manufacturing and distribution capabilities and international growth opportunities,” said Federico Mennella, Managing Director and Head of Lincoln’s Chemicals Group. “We firmly believe that Riverside’s expertise and international capabilities will enable Rutland to fully realize its potential.”
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. The firm also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. Lincoln International has 15 offices in the Americas, Asia and Europe and is headquartered in Chicago (www.lincolninternational.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 9-13-13