 |
Tricon Acquired by Kennametal
 |
October 2008 |
“TM Capital did a superb job of guiding the management and ownership team at Tricon Metals & Services, Inc. through the process of taking our company to market. Their focus, dedication, attention to detail and knowledge of the domestic and international metals marketplace was exceptional. Notwithstanding very challenging market conditions, the result of our transaction was truly extraordinary. TM Capital will be my 'go to guys' from here on out.”
- Richard Cashio, President and CEO, Tricon Metals & Services, Inc.
 |
Tricon Metals & Services, a family owned company based in Birmingham, AL, is the largest domestic fabricator and supplier of abrasion resistant parts, components and proprietary plate materials |
|
Over its 40 year history, the Company has served a growing number of well known industrial customers in the mining, tar sands, aggregate and pulp and paper industries |
|
TM Capital acted as financial advisor to Tricon in its sale to Kennametal Inc. (NYSE:KMT), a supplier of tooling, engineered components and advanced materials with a market value of $2.6 bn |
|
This transaction follows a global process orchestrated by TM Capital to identify potential strategic and financial partners for Tricon |
|
TM Capital also advised the Company in its sale of TASSCO, a wholly owned subsidiary that distributes abrasion resistant steel plate materials |
 Press Release
|
Proliance Completes Bankruptcy Sale
Navigation Capital Acquires STS
GPX Completes Bankruptcy Sales
Constantine Acquired by Milliken & Co.
Wilshire Completes Self-Tender Offer
Boss Commences Stock Deregistration
Mrs. Winners Completes Sale
Hitachi Consulting Acquires Edenbrook
LaSalle Bristol Closes Debt Financing
Telvent GIT Acquires DTN Holding Co.
LUBExpress Acquired by Galena Associates
Tricon Acquired by Kennametal
Immucor Acquires BioArray Solutions
CedarCrestone Acquires E2E
Babel Completes Recapitalization
MedTech Completes Recapitalization
Alternative Apparel Completes Recap
Climax Acquired by DeltaPoint Capital
Industrial Defender Recapitalization
Oceanaire Completes Equity Financing
Dinex Acquired by Carlisle Companies
New Enterprise Acquires Stabler
SenecaSalem Sold to WS Packaging Group
OKERE, Inc. Acquired by Fujitsu Limited
Lazer Completes Recapitalization
Smith & Wollensky Completes Sale
Integrated Completes Financing
Lee's Completes Debt Financing
Benihana Declares Stock Dividend
Kodak Divests Light Management Films
Hitachi Consulting Acquires Iteration2
Keystone Completes Recapitalization
Microsol Acquired by Crompton Greaves
B&G Completes Recapitalization
Ditan Acquired by Cinram International
Telvent Acquires Caseta Technologies
Hitachi Consulting Acquires Impact Plus
V&S Group Divests Florida Distillers
Valley Completes Debt Refinancing
Axon Digital Design Completes Sale
Reinhold Acquired by Jordan Company
CFC Refimax is Acquired by Airgas
GPS Closes Private Financing
Omega Completes Share Repurchase
Howard P. Fairfield Completes Sale
AppLabs Acquires IS Integration
BioLok Acquired by Healthpoint Capital
Atlantic Acquired by J.F. Lehman
ProActivity Acquired by EMC Corp.
Telvent GIT Acquires PB Farradyne
Magellan Acquisition Offer Completed
Mrs. Winner's Acquired by Lee's
