Carter Morse & Mathias ("CMM") is pleased to announce that it has provided a fairness opinion (“Opinion”) to Hamilton Robinson Capital Partners in connection with its recapitalization of Custom Engineered Wheels ("CEW"). Terms of the transaction were not disclosed.
Custom Engineered Wheels, Inc. (“CEW” or the “Company”), headquartered in Warsaw, Indiana, with operations in Tupelo, Mississippi and Reynosa, Mexico, is North America’s leading designer and manufacturer of “no-flat” engineered wheel solutions, producing more than 20 million wheels annually. The Company’s broad line of products includes plastic tread-cap wheels, lightweight lost core wheels, polyurethane solutions that include solid tires, tire inserts, and casters; and other custom plastic solutions. These products are sold primarily to leading OEMs in lawn and garden, wheelchair/personal-mobility, and other industrial markets.
Ramsey Goodrich, Managing Director at Carter Morse & Mathias, stated "We are excited to work with Hamilton Robinson Capital Partners on this important transaction and provide them with a Fairness Opinion on the transaction."
About Hamilton Robinson:
Hamilton Robinson Capital Partners was founded in 1984 to invest directly in small, privately held manufacturing, distribution and service businesses. The firm has maintained its singular focus on this dynamic market to become a valued resource for equity capital and growth strategies for small businesses. Based in Stamford, CT, the firm has completed over $1.3 billion in transactions supporting 44 companies. Investors include leading financial institutions, funds, family offices, and individuals in the United States and Europe.
About Carter Morse & Mathias:
Founded in 1987, Carter Morse & Mathias is a boutique investment bank specializing in advising privately held middle market companies. CMM provides a full range of investment banking services: business sales and divestitures, equity and debt capital raises, acquisition services, and pre-transaction and strategic advisory services. Time and time again, our strategic guidance and seamless transaction execution has proven crucial for clients, many of whom we represent in their once-in-a-lifetime transaction. For nearly 30 years, CMM's combination of hands-on Managing Director involvement and extensive network of domestic and international resources has enabled us to help hundreds of business owners plan, execute, and close transactions that maximize shareholder value.
CMM's Broker/Dealer affiliate, Carter Capital Corporation, is a FINRA member firm registered with the SEC and SIPC. CMM is also a charter member of AICA, an international network of M&A professionals in over 20 countries across the Americas, Europe, Asia, Latin America and the Middle East.