Rathbone

Rathbone

Rathbone Precision Metals, Inc., a privately held company located in Palmer, Massachusetts is a custom manufacturer­ of precision metal parts used in a variety of industrial applications including computer hard disk drives and power generating turbines­. Its products are sold largely to original equipment manufacturers­ throughout the US­ .

Carpenter Technology Corporation, a NYSE listed company is a leading manufacturer of stainless steel, titanium and other specialty metals, and various engineered products with sales of approximately US$865 million.

OEM Capital was asked to assist Rathbone Precision Metals, Inc in finding a purchaser for its business. Its controlling shareholder had reached retirement age and wished to substantially reduce his time spent in managing the business, liquidate his holdings and provide for his estate.

OEM Capital developed a marketing program which exploited our industry contacts as well as our contacts with individuals and buyout firms whose interests were known to us. Our presentation of the company’s value to both strategic and financially oriented acquirers secured multiple bidders. The sale took place approximately six months from the onset of our engagement.

Our success with Rathbone Precision Metals, 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.