Baileigh Industrial, Inc.
PricewaterhouseCoopers Corporate Finance LLC (“PwC Corporate Finance”) advised Baileigh Industrial, Inc. (“Baileigh” or the “Company”) on its sale to JPW Industries, Inc. a portfolio company of Gamut Capital Management.
Headquartered in Manitowoc, Wisconsin, Baileigh is a leading brand of metalworking and woodworking machinery serving a loyal and diversified customer base. The Company provides a range of products through its global supplier base and in-house manufacturing capabilities.
The Company’s continually growing social media presence, sponsorships and industry events built a community of loyal customers. Baileigh sells its products through both broad-line distributors and directly to end users.
The multifunctional PwC Corporate Finance, PwC Financial Due Diligence and PwC M&A Tax teams delivered a high-touch service with streamlined communications through a single point of contact, providing a full suite of critical services to Baileigh.
The transaction closed on May 9, 2019, terms were not disclosed.
For more information about this transaction, please contact:
Rakesh Kotecha
Managing Director, Industrial Products
PricewaterhouseCoopers Corporate Finance LLC
Resinate Materials Group
PricewaterhouseCoopers Corporate Finance LLC (“PwC Corporate Finance”) advised Resinate Materials Group, Inc. (“Resinate” or the “Company”) on its sale to Carlisle Construction Materials, LLC (“CCM”), a subsidiary of Carlisle Companies, Inc. (“Carlisle”), a publicly traded company (NYSE:CSL).
Resinate develops high-value, high performance sustainable polyols from recycled plastics and other recycled/renewable content, with a focus on polyester polyols as ingredients for coatings, insulating foams, adhesives, sealants and plasticizers.
Proprietary technology enables Resinate to upcycle spent molecules in PET to create specialty polyol solutions with up to 100% green content to replace petroleum-based products. With over 8 million tons of plastic waste entering the oceans each year there is a growing need for more sustainable practices.
The Company was founded in 2011, and is based in the Detroit, Michigan metro area.
Carlisle, founded in 1917, manufactures construction materials, transportation products, brake and friction products, interconnect technologies and foodservice products. Carlisle’s CCM business segment manufactures and supplies premium building products and related technologies for the commercial and residential construction markets.
The untimely passing of Resinate’s majority owner and principal investor prompted the estate to accelerate the sale timeline well before originally intended. With the help of the PwC Corporate Finance Global Network, PwC Corporate Finance conducted a global auction process approaching numerous strategic buyers. In order to accommodate the Company’s timeline, the PwC Corporate Finance deal team was able to complete the entire sale in an accelerated timeframe.
The transaction closed on January 15, 2020, terms were not disclosed.
For more information about this transaction, please contact:
Rakesh Kotecha
Managing Director, Industrial Products
PricewaterhouseCoopers Corporate Finance LLC
