Brevel Motors, a division of Vernitron Corporation based in West Orange , New Jersey develops and manufactures fractional horsepower electric motors for the appliance industry . Vernitron Corporation is a diversified publicly traded company with several of its operations in the electronics industry.
Delany Motors, Inc. is a closely held company headquartered in Elmsford , New York . It is a wholly owned subsidiary of Delany Capital Management, a holding company, with operations that manufacture custom electrical motors and high frequency electronic connectors.
OEM Capital introduced the opportunity and worked closely with the principal of Delany Capital Management to help structure the transaction and assist in negotiations with Vernitron Corporation.
Our success with Delany Motors, Inc. illustrates that , whether a business is healthy, under performing or distressed, superior valuations can be realized for the selling shareholders by a well-executed approach to a sale or divestiture by merger and acquisition professionals who are knowledgeable about the industry and the intentions of its participants.