Transaction Overview
- Represented Bunker Hill Capital on the sale of its portfolio company ASPEQ Heating Group LLC (“ASPEQ”) to Industrial Growth Partners (“IGP”).
- ASPEQ designs and manufactures highly-engineered, thermal-management technologies across a wide array of critical industrial and commercial applications for a highly-diversified range of end-markets and customers.
Key Observations
- Client was looking to provide liquidity to stockholders after strong organic growth and successful add-on acquisitions.
Drivers of Interest
- Deep technical and application expertise.
- Highly engineered portfolio of solutions for critical applications.
- Entrenched relationships across diverse customers and markets.
- Large, growing end-markets.
- Stable base of high-margin recurring revenue.
- Experienced and growth-oriented leadership team.
- Executing a proactive multi-channel strategy for growth.
- High degree of confidence in growth.
- Proven acquisition platform.
- Strong financial momentum.