Met-Coil Systems Transaction Info

Transient

Client: Board of Directors of Met-Coil Systems, Inc.

Transaction: Met-Coil’s management believed that to maximize shareholder value, its best long-term strategic option was to see an acquirer for the company.  The transaction was a sale of Met-Coil Systems to Mestek Inc.

Company Description: Met-Coil designed and produced metal forming equipment.  The equipment was used to produce end products for commercial and residential construction.  Met-Coil also produced customized metal forming equipment.

Summary: Plaisance Advisors broadly marketed Met-Coil to both strategic and financial acquirers around the globe.  After numerous management presentations and extensive negotiations, Met-Coil was sold to Mestek, a publicly traded company.