Industrial Acoustics Company, a portfolio company of AEA Investors, has acquired Maxim Silencers and Silex Innovations (“MaximSilex”), manufacturers of silencing and emissions control products.
MaximSilex specializes in the design, manufacture and supply of silencing and emissions control products, including industrial silencers, catalytic converters and exhaust accessories for diesel and natural gas engines. The company also offers software engineering to enhance the design and selection of exhaust systems. The company is based in Stafford, TX (hwww.maximsilex.com).
Industrial Acoustics Company is a global provider of engineered noise and acoustic control products to various industries, including energy & power, industrial, commercial construction, aviation, and automotive end markets. The company is based in Winchester, UK (www.industrialacoustics.com).
AEA manages approximately $5 billion of invested and committed capital in funds dedicated to three purposes: buyouts of middle market companies operating principally in four sectors – industrial, specialty chemical, consumer products and services; buyouts of smaller middle market companies in these same sectors; and mezzanine and senior debt investments. AEA is based in New York (www.aeainvestors.com).
Westlake Securities advised MaximSilex throughout the sale process, including the preparatory, marketing, due diligence and negotiation phases of the transaction. Westlake Securities provides investment banking, capital markets and financial advisory services to family-owned businesses, privately held companies, private equity and venture capital funds and publicly traded companies. The firm is headquartered in Austin, TX with additional offices in Dallas and Houston and Lafayette, LA (www.westlakesecurities.com).
“Westlake’s team, led by Randy Finch, went above and beyond the call of duty for our family. Their knowledge of the market and professionalism made a challenging process more manageable. They helped us weather the emotional stress of selling a family company,” said MaximSilex’s President, Robert Cone.
© 2012 PEPD • Private Equity’s Leading News Magazine • 10-4-12