Case Study
Case Study
Wisconsin manufacturer finds buyer with shared values
Client need
L.W. Allen, Inc., based in Madison, Wisc, distributes pumps and manufactures control panels for the water and wastewater industry. To continue the company’s growth and evolution, the majority owner decided it was time to sell his ownership to a new owner and align the management owners with the new ownership group. The primary goal of the sale was to identify a quality buyer that would ensure employees were treated fairly and the high level of standards exemplified in the history of L.W. Allen, Inc. was perpetuated.
Baker Tilly solution
The majority owner of L.W. Allen, Inc. needed an investment banking firm with experience in his business and an understanding of his goals and need to find the right partner. Baker Tilly Capital, LLC leveraged a team with specific knowledge in the manufacturing and distribution industry to provide the insight necessary to identify and secure the right buyer for the business. Our objectives were to work alongside the ownership team to meet the primary goals set forth for the sale of the company and assure the management team would have continued success in the new structure.
Results
Through a targeted marketing campaign, the Baker Tilly Capital team confidentially identified a buyer that best met the needs of the current owners. The buyer supported the continuation of management owners into the new ownership group and allowed the business to continue operating “as-is” in order to continue its high level of success. Ultimately, the former majority owner of L.W. Allen sold his company shares profitably and was able to secure the legacy of his business.
Baker Tilly Capital was delightful to work with and met all my objectives to ensure a smooth transition to the new ownership group. I would highly recommend them to any owner considering a transition.Paul Fahey, President, L.W. Allen, Inc.
For more information on this deal, or to learn how Baker Tilly Capital specialists can help, contact our team.
