Client: The Prince Group, a private equity firm
Transaction: Advance Mixer Corporation sold to Terex Corporation.
Company Description: Advance Mixer produces premium quality front-discharge cement mixer trucks.
Summary: Advance Mixer’s owners determined that the most appropriate course of action to maximize the company’s value was to retain a financial advisor and attempt to sell the company. Plaisance Advisors structured a sale process that focused on strategic acquirers and minimized disruption to the operations of the business. Multiple offers were received for the company and in the end, Terex purchased Advance.