NOVA IS A PIONEER IN PORTFOLIO BUY-OUTS
SPECIALISING IN ACQUIRING MULTIPLE BUSINESSES
IN A SINGLE TRANSACTION

PRIVATE FAMILY DIVESTMENT EXAMPLE

SOLUTION HIGHLIGHTS

  • Offer for whole group
  • Strong engagement with holdco management
  • Effective tax structure for seller
  • Focused due diligence
  • Minimal impact on business unit management 
http://www.nova-cap.com/wp-content/uploads/2014/05/wescon-blue-01-75x75.png
http://www.nova-cap.com/wp-content/uploads/2014/05/wescon-colour-01-75x75.png

Wescon Controls 

Wescon Controls has been a leading OEM manufacturer of Light Duty and Heavy Duty Mechanical Controls and Cable Assemblies, divested in 2016.

 

http://www.nova-cap.com/wp-content/uploads/2014/05/wescon-plastics-blue-01-75x75.png
http://www.nova-cap.com/wp-content/uploads/2014/05/wescon-colour-01-75x75.png

Wescon Plastics

Wescon Plastics is a USA based, close tolerance precision injection molder located in Wichita, Kansas.  The company utilizes considerable expertise in processing engineered resins along with state of the art molding equipment to serve a variety of leading industrial OE Manufacturers including Heavy Duty Truck, Outdoor Power Equipment, Reserve Power Batteries, HVAC, and Oil & Gas Production equipment.   Materials processed include high temperature PEEK and PPS, filled and ignition resistant PC/ABS/PBT/PP, chemical resistant PUR and PES, over-molded TPE as well as commodity resins including PA6/6, POM, and PS+PPE alloy.

http://wesconplastics.com

http://www.nova-cap.com/wp-content/uploads/2014/05/coast-blue-01-75x75.png
http://www.nova-cap.com/wp-content/uploads/2014/05/coast-colour-75x75.png

 Coast Wire & Plastic Tech., LLC 

Manufacturer of custom electronic wire and cable products, for the medical, instrumentation and commercial electronic industries divested in 2014.

http://www.nova-cap.com/wp-content/uploads/2014/05/emc-blue-011-75x75.png
http://www.nova-cap.com/wp-content/uploads/2014/05/emc-colour-011-75x75.png

MC Electronics 

MC Electronics manufactures multi-conductor, high voltage, discrete, coaxial, IBC ribbon and AMP FFC cable assemblies.  They also specialise in medium to high complexity harness assemblies and produces discrete, coaxial and IDC assemblies.  They provide full-service cable and harness assembly capabilities as well as strategic component sourcing and supply chain management, engineering and prototyping, and testing services.  MC Electronics works directly with customers’ engineering departments in the design and engineering of new and existing products and is based in Hollister, California and Juarez, Mexico. 

www.mcelectronics.com

http://www.nova-cap.com/wp-content/uploads/2014/05/af-blue-01-75x75.png
http://www.nova-cap.com/wp-content/uploads/2014/05/af-colour-01-75x75.png

Anderson & Forrester 

Suppliers of fittings, orifices, drills and tools to the gas industry divested in 2014.

< BACK to portfolio

 

Transaction Highlights

TRANSACTION
  • Seller: Latshaw
    Enterprises Inc
  • Date: September 2012
  • Value: not disclosed 
ORIGIN
  • Family selling for estate
    planning reasons 
PROCESS
  • Type: Auction
  • Seller’s Adviser: William Blair 
PORTFOLIO
  • Number: 5
  • Sectors: Industrials, Electronics
  • Geography: USA, Mexico 
BUSINESSES
  • Coast Wire and Plastic Tech
  • MC Electronics
  • Wescon Controls
  • Wescon Plastics
  • Anderson & Forrester