The majority of the sell-side transactions were strategic or synergistic; with the balance consisting of sales to private equity groups or private investors. Even though a majority of Acquisitions Northwest's clients are located in the Northwest, the firm has represented international clients as well as projects located throughout the U.S.
The following reflects a small number of the firm's overall list of completed transactions, that will provide an insight to the type of projects represented by the firm.
Fiber-Fab, Inc. manufactures high-quality acrylic and gel-coat bathroom fixtures, including bathtubs, whirlpool tubs, showers, and shower enclosures that are distributed throughout the West Coast. The company is located in Gervais, Oregon.
ANI acted as the advisor to the owners of Fiber-Fab who wanted to achieve their exit strategy. ANI packaged, marketed and facilitated discussions and negotiations with potential acquirers, resulting in a sale to Shower & Bath, LLC, an investment group led by Walt Mulvey who previously was involved in building the Camera World organization and goodguys.com.
Ellington, is a Portland, Oregon-based designer and manufacturer of fabric and leather bags and accessory items under a well-known brand name for over 20 years, which were sold to boutique and department stores throughout North America.
ANI served as an advisor to the shareholders of Ellington, preparing offering materials, strategically researching the industry, contacting suitable candidates for sale, and negotiating the final sale. Ellington was purchased by E&E Acquisition Company, LLC, a subsidiary of parent company Unicorn Investment Bank, B.S.C. of Bahrain.
Inovec is a leading manufacturer of optimization systems focusing primarily on small log mills. Inovec's flagship product is the YieldMaster, a headrig carriage optimizer that has become the industry standard for log scanning. Inovec was founded in 1980, acquired by InVision Technologies in 2000 and then became a GE subsidiary in 2004.
ANI was engaged by General Electric to represent the company in divesting Inovec, Inc. for the General Electric Industrial, Security business group. ANI prepared offering materials, strategically researched the industry, monitored due diligence and assisted in negotiations, resulting in a sale to USNR. USNR is the largest manufacturer of sawmill equipment in the United States. Their brands include Perceptron, HEMCO, Irvington-Moore, Kockums, Schurman, and Lunden. This was the eighth manufacturer in the wood products equipment industry that ANI consummated.
Wade Micro Irrigation Division, located in Fresno, California, is a manufacturer of low-flow irrigation products for commercial and agricultural markets including pulsators, emitters, tubing and bubblers.
ANI was the advisor to the shareholders of this division, orchestrating the sale process to potential acquirers. The division was purchased by Agricultural Products, Inc., a subsidiary of Summa Industries of Torrance, California, which also manufactures commercial and agricultural irrigation systems. This was the third manufacturer of irrigation equipment that ANI consummated.
American Freight Systems, Inc. (AFS) is a northwest regional drayage firm that specializes in the transport of export and import containers through the ports of Seattle, Tacoma and Portland. At the time of sale, the company was one of the largest trucking firms moving containers throughout the Northwest and was a major carrier companies such as Fred Meyer, Lowe's, Nike, and Land O'Lakes.
ANI served as the exclusive advisor of AFS and designed and prepared offering materials, researched the industry and handled negotiations. AFS was acquired by RoadLink USA, Inc., the largest private, independent North American intermodal logistics service provider, delivering individual and integrated transportation and warehouse freight handling solutions.