NewswireToday - /newswire/ -
Laguna Hills, CA, United States, 2012/02/17 - We are pleased to announce that Corporate Finance Associates was the exclusive advisor to Barton Manufacturing, Inc. on its successful sale to TAG Holdings and Seneca Partners - CFAW.com / CFAchicago.com.
Barton Manufacturing, Inc. (Barton), based in Decatur, Illinois, is a Tier 1 supplier providing metal fabrication and precision machining of large weldments to Fortune 100 companies. Founded in 1950, the Company specializes in large part machining and welding and is capable of manufacturing parts with a cube size up to 60" x 60" x 120" and weighing up to 3,000 pounds. Product examples include brake system components, track links, axle assemblies, engine supports, wheel hubs, hydraulic covers, and more. Additionally, the Company manufactures high volume small to medium sized precision parts such as industrial valve bodies and other components for a variety of applications. Barton is ISO 9001:2008 certified.
Corporate Finance Associates helped the owners of Barton find the perfect buyer by tapping into several decades of in-depth industry specific knowledge and experience. "I had a positive outcome and an overwhelming response to the market strategy used by Corporate Finance Associates," commented Greg Mason, President and CEO of Barton.
Michigan based TAG Holdings and Seneca Partners have partnered with the existing management team to expand the scope of Barton's services and capabilities to build on its history of growth and success. Under the new ownership, Barton will retain its headquarters and manufacturing presence in Decatur, Illinois.
On August 1, 2011, TAG Holdings and Seneca Partners acquired Barton Manufacturing, Inc. in a private transaction. The details were not disclosed. Robert Contaldo, Managing Director and Principal of Corporate Finance Associates advised Barton Manufacturing in the transaction.
About Corporate Finance Associates
Corporate Finance Associates (CFAW.com) is a major investment banking services firm with over twenty offices in North America, three in Canada, three in India and 16 partner offices in Europe, Asia and Latin America providing middle-market companies with a wide range of financial advisory services and access to capital resources. From project inception to completion, a Principal guides clients through every challenge, advocates on their behalf, and leverages CFA's experience and extensive resources. More information is available via the Internet at the Corporate Website.
For more information contact:
Mr. Joe Contaldo, Managing Director
Corporate Finance Associates | Chicago
P: 847-836-7035 - E: jac[.]cfachicago.com.