Transactions

Case Study

Superior International Industries
Industries:
Infrastructure & Construction; Industrial Growth & Diversified Manufacturing
Description:
Leading provider of playground and recreational products and solutions.
Location:
Carrollton, Georgia
Ownership:
MCG Capital Corp. (Nasdaq: MCGC)
Transaction Type:
Sellside

Situation

A BlackArch Partners professional previously had advised MCG Capital on a divestiture. When MCG decided to explore liquidity options for Superior, the firm selected BlackArch as its adviser.

BlackArch's Customized Solution

Due to circumstances specific to the company and its shareholders, the client desired a targeted, streamlined process. BlackArch professionals designed a process that bypassed the usual distribution of a Confidential Information Memorandum and proceeded straight to management visits with a hand-picked group of prospective partners.

Outcome

The marketing process generated speedy and significant interest from multiple potential partners. Superior was sold to Pfingsten Partners LLC, with senior management team members retaining significant stakes in the company

“The entire BlackArch team brought the highest level of skill and resolve to executing this transaction. I am in awe of the quality of their work and the way they inspired our team to be the best we could be. They put a framework around the process and our company that was completely honest and straightforward while highlighting all the best things about Superior.”
Ray Derbecker; Co-Founder, President and CEO, Superior International Industries.