Goldsmith Agio Helms is pleased to announce that its
client, Madison Capital Partners, has acquired German-based Mannesmann
Plastics Machinery AG ("MPM") from Kohlberg Kravis Roberts & Co. Terms
were not disclosed.
The transaction was initiated by a transatlantic team consisting
of Goldsmith Agio Helms in the U.S. and Agio International in Europe.
Agio International is an exclusive equity based joint venture among
Goldsmith Agio Helms and leading independent boutique investment
banking firms headquartered in Europe. Jack Helms and David Iverson in
the U.S., together with Daniel Confino, head of the London Office of
Goldsmith Agio Helms and Chief Executive of Agio International, and
Ruggero von Wedel of Agio International member Hauck and Aufhauser,
based in Frankfurt, managed the geographic and cultural complexities
to achieve success for Madison Capital Partners.
David Iverson of Goldsmith Agio Helms commented, "We have
successfully completed 9 transactions in the past twelve years on
behalf of Madison. Having led Madison's recent sales of Dynisco, API
Heat Transfer Technologies, and Synventive Molding Solutions, we were
aware that Madison: (1) was looking for a new project, (2) had
compiled a long and distinguished record in the capital equipment
industry, particularly in plastics equipment, (3) was becoming
increasingly adept at transatlantic and international transactions,
and (4) had the capability to add tremendous strategic and financial
value to their portfolio investments. In light of this, MPM was
identified as an ideal acquisition target for Madison. The Goldsmith
Agio Helms transatlantic team approached MPM's management team and
arranged a series of meetings between Madison and MPM management,
which ultimately led to the successful negotiation of this
transaction."
"We have had discussions with five separate manufacturers of
injection molding machinery since 1994, however, in each case Madison
was not satisfied with the depth and breadth of people, technology and
products. With MPM, we are partnering with the greatest plastic
machinery manufacturer in the world. It is a perfect match and we
credit the entire global team at Goldsmith Agio Helms for making this
possible," remarked Larry Gies, President and CEO of Madison.
Mannesmann Plastics Machinery AG is the world's largest
manufacturer of machinery for the production of plastics and rubber
and the market leader in injection molding machines. Among its best
known brand names are Krauss-Maffei, Netstal, Berstorff and Demag
Plastics. MPM had sales of approximately EUR 1.3 billion last year.
Madison Capital Partners (www.madisoncapitalpartners.net), a
Chicago based investment group, acquires and grows industrial
manufacturing companies. Madison has previously financed the growth of
19 very successful multinational corporations.
Goldsmith Agio Helms (www.agio.com) is a U.S.-based private
investment banking firm that provides sophisticated corporate finance
advisory and investment banking services to middle market businesses.
The firm's services include mergers and acquisitions, private
placements of debt and equity, distressed advisory and restructuring,
and financial advisory and opinion services. The firm operates
internationally from its offices in Minneapolis, New York, Chicago,
Los Angeles, and London.
