Capital Goods

Client/Company Business Transaction
30% Interest in Comau, Spa (Torino, Italy) owned by Allied Corporation (Morristown, NJ) Leading European designer and manufacturer of machine tools, assembly machines, automation equipment and robotics Sold to: FIAT Spa (Torino, Italy)
AC Material Handling Corp. (Columbus, OH) Manufacturer of industrial lift trucks and lift truck parts Acquired: Lift Truck Division (Mattison, IL) of Allis Chalmers Corp. (Milwaukee, WI)
Advance Mixer, Inc. (Fort Wayne, IN) Manufacturer of front discharge concrete mixer trucks Sold to: The Prince Group (Grand Rapids, MI)
Aeroquip Air Conditioning & Refrigeration Division (Ft. Wayne, IN) of Eaton Corporation (Cleveland, OH) Designer and manufacturer of specialized fluid conveyance and subassembles for air conditioners and refrigeration Sold to: Parker Hannifin Corp. (Cleveland, OH)
Airflow Research and Manufacturing Corp. (Watertown, MA) Engineering and manufacturing of ultra-high efficiency automotive fans Sold to: Robert Bosch, GmbH (Stuttgart, Germany)
American Augers Inc. (West Salem, OH) Manufacturer of directional drilling machines and auger boring drills. Sold to: Astec Industries (Chattanooga, TN)
American Precision Industries Inc. (Buffalo, NY) Multi-national manufacturer of high performance precision motion control products and systems and heat transfer equipment Sold to: Danaher Corp. (Washington, DC)
Avtron Manufacturing, Inc.
(Independence, OH)
Designer and manufacturer of highly technical electrical control and test equipment for a range of industries Sold to: Morgenthaler Ventures
(Cleveland, OH)
Bankruptcy Estate of Eagle-Picher Industries, Inc. (Cincinnati, OH) Diversified manufacturer of automotive, aerospace, telecommunications and pharmaceutical products including diatomaceous earth and perlite. Financial Advisor to Debtor in Bankruptcy Restructuring with value of $819,000,000.
Bendix Industrial Group Subsidiary (Cleveland, OH) of Allied Corporation (Morristown, NJ) Multi-plant designer and manufacturer of custom and standard machine tools Sold to: Cross & Trecker Corporation (Detroit, MI)
Bryan Steam Corporation (Peru, IN) Manufacturer of specialized water tube boilers Sold to: Burnham Corporation (Lancaster, PA)
Capitol Technologies, Inc. Subsidiary (South Bend, IN), of Bankruptcy Estate of Grabill Corp. (Chicago, IL) Designer and manufacturer of machines tools, dies and fixtures Sold to: HCT Acquisition, Inc. (South Bend, IN)
Carlisle Construction Company, Inc. (Cincinnati, OH) Provider of excavation equipment and crane rental services Sold to: Anthony Crane Rental Holdings, L.P. (Pittsburgh, PA)
Challenger Wrecker Manufacturing, Inc. Subsidiary (Elkhart, IN), of Bankruptcy Estate of Grabill Corp. (Chicago, IL) Company involved in engineering and fabrication of wrecker vehicles. Sold to: B&B Industries, Inc. (Norcross, GA)
Chart Industries, Inc. (Cleveland, OH) Leading supplier of standard and custom-engineered products and systems $48,535,750 initial public offering of common stock
Chart Industries, Inc. (Cleveland, OH) Leading supplier of standard and custom-engineered products and systems $67,620,000 follow-on offering of common stock
Chemitrol Chemical Co. (Fremont, OH) Manufacturer of large propane and ammonia tanks Sold to: Harsco Corporation (Camp Hill, PA)
Cimarron-Central LLC
(Guymon, OK)
Designer, manufacturer and marketer of gas processing equipment. Merger of Cimarron Gas Processing Equipment Company, Inc. (Guymon, OK) and Central Tank of Oklahoma, Inc. (Marlowe, OK) and capitalization of new entity
Cleveland Machine Controls, Inc. (Cleveland, OH) Manufacturer of industrial drives, drive systems and sensors. Sold to: International Motion Control Corp. (Orchard Park, NY)
Cohesant Technologies, Inc.
(Indianapolis, IN)
Protection and renewal of water systems, manufacturer of plastics equipment and speciality coatings Sold GlasCraft subsidiary to Graco, Inc. (Minneapolis, MN) and spun off CIPAR subsidiary to current shareholders (Fairness Opinion and tax appraisal)
Computational Systems Inc.(Knoxville, TN) Developer and provider of highly engineered predictive maintenance equipment and services. $21,875,000 follow-on offering of common stock.
Computational Systems, Inc. (Knoxville, TN) Developer and provider of highly engineered predictive maintenance equipment and services. Sold to: Emerson Electric Company (St. Louis, MO)
Elyria Foundry Company
(Elyria, OH)
Leading provider of medium and large-sized complex grey and ductile iron castings primarily for the energy industry and other critical applications. Recapitalized by: Silverhawk Capital Partners, LLC (Greenwich, CT) and members of management
European Business of Cameron Machinery Division (New Brunswick, NJ) Somerset Technologies Inc. (New Brunswick, NJ) Manufacturer of slitting and winding machinery for paper and films. Sold to: BM Group, Ltd. (Taunton, England)
Gradall Industries, Inc. (New Philadelphia, OH) Leading manufacturer of rough-terrain, variable-reachmaterial handlers and telescoping hydraulic excavators $23,562,500 follow-on offering of common stock
Gradall Industries, Inc. (New Philadelphia, OH) Leading manufacturer of rough-terrain, variable-reachmaterial handlers and telescoping hydraulic excavators $40,250,000 initial public offering of common stock.
Hartig Plastics Machinery Division (New Brunswick, NJ) of Somerset Technologies Inc. (New Brunswick, NJ) Manufacturer of heavy-duty industrial plastic blow-molding systems. Sold to: Battenfeld Fisher GmbH (Meinerzhagen, Germany)
Hobson Brothers Subsidiary (Shell Rock, IA) of Essef Corporation (Chardon, OH) Integrated manufacturer of plastic blow-mold tooling. Sold to: Leveraged Buyout involving Management (Shell Rock, IA)
Hupp Company and DCM Corp. Subsidiaries (Cleveland, OH), of Blaw Knox Corporation (Pittsburgh, PA) Manufacturers of fuel-fired vehicle heaters, custom air conditioners and fractional horsepower DC motors. Sold to: Sunderland Holdings Corp. (Washington, DC)
Hutchinson Mayrath Division (Clay Center, KS) of Bankruptcy Estate of TIC United Corporation (Dallas, TX) Manufacturer of mobile agricultural auger equipment. Sold to: Global Industries, Inc. (Grand Island, NE)
Industrial Data Technologies Corporation (Columbus, OH) Leading manufacturer of graphics-based, man-machine interface hardware and software to automate industrial processes. Sold to: Eaton Corporation (Cleveland, OH)
JRB Company, Inc. (Akron, OH) Manufacturer of proprietary couplers and attachments for front end loaders and other industrial equipment Sold to: Attachment Technologies, Inc. (Delhi, IA), a portfolio company of Norwest Equity Partners (Minneapolis, MN)
Kennametal Inc. (Latrobe, PA) Manufacturer of high quality industrial cutting tools. $120,330,000 follow-on offering of common stock.
Kirk and Blum Manufacturing Company (Cincinnati, OH) Leading industrial ventilating contractor in America. Sold to: CECO Environmental (Newark, NJ)
MHP Machines, Inc. (Buffalo, NY) Manufacturer of CNC machine tools. Sold to: Hurco Companies, Inc. (Indianapolis, IN)
National Machinery Company (Tiffin, OH) World leader in the design and manufacture of cold forging machinery. Sold to: Citicorp Venture Capital (New York, NY)
NECO Division (Omaha, NE) of Bankruptcy Estate of TIC United Corporation (Dallas, TX) Manufacturer of stationary agricultural grain augers. Sold to: Global Industries, Inc. (Grand Island, NE)
Newbury Industries, Inc. (Newbury, OH) Manufacturer of vertical plastic injection molding machines. Sold to: Heico Acquisitions (Chicago, IL)
NN Ball & Roller, Inc. (Erwin, TN) Manufacturer of ball and roller bearings. $42,418,433 follow-on public offering of common stock.
NN Ball & Roller, Inc. (Erwin, TN) Manufacturer of ball and roller bearings. $32,200,000 initial public offering of common stock.
Nordson Corporation
(Westlake, OH)
Designer and manufacturer of precession dispensing systems for adhesives, sealants and coatings $50,000,000 placement of senior notes
Park-Ohio Holdings Corp.
(Cleveland, OH)
Diversified manufacturer and distributor. Financial advisory services
PECO II, Inc.
(Galion, OH)
Leading designer, manufacturer and marketer of communications power systems and power distribution equipment
Sold to: Lineage Power Holdings, Inc. (Plano, TX), a portfolio company of The Gores Group (Los Angeles, CA)
Regal Mold & Die, Inc. Subsidiary (Elkhart, IN) of Bankruptcy Estate of Grabill Corporation (Chicago, IL) Manufacturer of plastic injection molding dies. Sold to: Chicol Equities Co. (Elkhart, IN)
Robbins & Meyers, Inc. (Dayton, OH) Leading supplier of equipment and systems to pharmaceutical, energy and industrial markets $50,000,000 follow-on offering of common stock
S-P Manufacturing Corporation (Solon, OH) Manufacturer of chucks and pneumatic and hydraulic cylinders. Sold to: Figgie International (Willoughby, OH)
Stein Associates Inc. Subsidiary (Sandusky, OH), of Boettcher Industries (Sandusky, OH) Manufacturer of food preparation equipment for fish Sold to: Frigoscandia Contracting, AB (Helsingsborg, Sweden)
Swagelok Company
(Solon, OH)

Designer and manufacturer of high-tech valves. Financial advisory services
The Lincoln Electric Company (Euclid, OH) Manufacturing of electrical resistance welding equipment. $126,000,000 initial public offering of common stock.
Trantech Radiator Products, Inc.
(Edgefield, SC)
Leading manufacturer of specialty radiators and related products used in the electric power transmission and distribution industry Dividend recapitalization by Buckingham Capital Partners
(New York, NY)
(Solvency Opinion)
W. Pat Crow Forgings Division (Ft. Worth, TX) of Bankruptcy Estate of TIC United Corporation (Dallas, TX) Manufacturer of aluminum aerospace forgings. Sold to: WPC, Inc. (Bainbridge, OH)
Weasler Engineering Inc. (West Bend, IN), a portfolio company of Code Hennessey & Simmons (Chicago, IL) Manufacturer of agricultural drive lines. Sold to: Industrial Growth Partners, LP (San Francisco, CA)
Weltronic/Tecnitron, Inc. Subsidiary (Carol Stream, IL) of Ransburg Corporation (Indianapolis, IN) Manufacturer of resistance welding controls. Sold to: Nagoya Dengensha Co., Ltd. (Nagoya, Japan)
WI Acquisition Corp. (Canton, OH) Manufacturer of diesel engines for military usage. Acquired: White Engine Co. (Canton, OH)