Project Valve

Description

Manufacturer of specialty valves sold to private equity firm.
ACQUISITIONS NORTHWEST, INC.’s objective in this project was twofold: Jim and Colleen Miller, owners of PMM, had brought in Kirk Morton in 2011 to assist in sales expansion and to effect an eventual transition plan. In 2013, the Millers engaged ANI to accomplish the sale of the Company on acceptable terms and conditions for them personally while at the same time, structuring a sale where Kirk and Jo Morton could partner with financial partners that would have the same vision that they envisioned for growth, operations and culture. A number of discussions occurred with several very qualified private equity groups, culminating with the fact that the combination of Socius Capital and CVF Fund II were the best fit for PMM, the Mortons, and the Millers.