Aarrowcast

2021年12月11日

埃文斯頓病了。工業機會夥伴(“IOP”)是一家總部位於伊利諾伊州埃文斯頓的專注運營的私人股本公司。公司今日宣布，已完成將投資組合公司Aarrowcast, Inc.(“Aarrowcast”或“公司”)出售給家族鋼鐵製造公司Charter Manufacturing company, Inc.(“Charter”)的交易。此次剝離是IOP從2.75億美元的第二隻基金Industrial Opportunity Partners II, L.P.中實現的第七次投資。交易條款尚未披露。Aarrowcast是一家球墨鑄鐵、灰鑄鐵和等溫球墨鑄鐵鑄件的供應商，專門利用複雜的冶金技術生產大型、複雜的鑄件。Aarrowcast擁有三條獨立的成型線，包括北美最大的自動化綠砂線- Georg Fischer線，這也是世界上第二大的此類成型線。該公司在威斯康星州的沙瓦諾設有一家工廠。並為農業，非公路重型卡車，軍事和建築市場的設備鑄造產品。IOP運營負責人Andy Weller曾擔任Aarrowcast的董事會主席，在IOP投資期間對公司進行戰略監督。Weller先生說:“通過以總裁兼首席執行官Randy Brull為首的公司管理團隊的領導和奉獻精神，Aarrowcast擴大了其產品供應、客戶基礎和製造能力，今天，是北美最現代化的鑄鑄廠之一。 I believe the Company is positioned well for the future.” Chris Willis, Managing Director of IOP, added, “We would like to thank the management team at Aarrowcast and have appreciated the opportunity to work with them over the years. We believe Charter’s industry experience and long-term investment strategy suits the Company well. IOP expects that Aarrowcast will continue to grow and thrive under Charter’s ownership.” Citizens Capital Markets acted as financial advisor and Winston & Strawn LLP provided legal representation to IOP in connection with the sale transaction. About Aarrowcast Aarrowcast is a provider of ductile, gray and austempered ductile iron castings that specializes in large, complex castings utilizing sophisticated metallurgy. The Company operates from its single plant location in Shawano, Wis. and casts products for equipment in the agriculture, off-highway heavy truck, military and construction markets. For more information, visit Aarrowcast’s website at www.aarrowcast.com . About Industrial Opportunity Partners IOP, an Evanston, Ill.-based private equity firm with $910 million of committed capital since inception, is dedicated to creating value through investing in manufacturing and value-added distribution businesses with sales between $30 million and $400 million. IOP focuses on businesses with strong product, customer, and market positions, and provides management and operational resources to support sales and earnings growth at its businesses. For more information, visit IOP’s website at www.iopfund.com . Nov 30, 2021| Name*