CHICAGO, Aug. 15, 2017 /PRNewswire/ -- Lincoln
International ("Lincoln"), a
leading global mid-market investment bank, is pleased to announce
that it represented Wynnchurch Capital ("Wynnchurch") in the sale
of Senco Brands, Inc. ("Senco" or the "Company") to Kyocera
Corporation (NYSE: KYO). Terms of the transaction were not
disclosed.
Founded in 1948 and headquartered in Cincinnati, Ohio, Senco is a designer,
manufacturer and distributor of fasteners and tools for the powered
fastening industry. The Company's products include branded
fastening tools and collated staples, nails and screws which are
available in more than 40 countries. Senco is a market leader
in wood-to-wood, drywall, steel and concrete applications.
The Company operates a domestic manufacturing facility in
Cincinnati and also has a
significant international presence in Europe. Wynnchurch
acquired Senco in July of 2009.
This transaction represents another important deal for
Lincoln's highly active Building
and Infrastructure Group, which has now closed 25 merger and
acquisition transactions globally since the beginning of 2015. "We
were honored to work with Wynnchurch and Senco management on this
successful transaction," said Jeff
Corum, head of the Building and Infrastructure Group at
Lincoln. "Senco is a leader in the powered fastening industry
run by a highly successful and experienced management team.
This was a classic Wynnchurch investment in a company with an
iconic brand that was impacted by the construction downturn, but
has now returned to very strong performance under their
ownership."
Lincoln acted as the exclusive
investment banking representative for Wynnchurch and Senco in this
transaction, working closely with the Company's management team
throughout the sale process. This included managing the
preparatory, marketing and diligence phases of the process.
"Lincoln was a valued partner
throughout the transaction," said Frank
Hayes, Co-Managing Partner, of Wynnchurch. "Their
extensive experience in the building products industry proved
invaluable as they managed a disciplined process that produced a
great outcome."
For more information on our Global Building & Infrastructure
Group Leadership Team, please visit
http://www.lincolninternational.com/industries/building-and-infrastructure/.
About Senco
Senco is a leading designer, manufacturer
and marketer of branded fastening tools and collated staples, nails
and screws. With tools, fasteners and accessories for use in a
variety of professional fastening segments - home
construction/remodeling, furniture, manufactured housing,
pallets/crating - Senco products are available through professional
distribution outlets in more than 40 countries.
About Wynnchurch Capital
Wynnchurch Capital, LLC,
headquartered in the Chicago
suburb of Rosemont, Illinois, with
offices in California and
Canada, was founded in 1999, and
is a leading middle-market private equity investment firm.
Wynnchurch's strategy is to partner with middle market companies in
the United States and Canada that possess the potential for
substantial growth and profit improvement. Wynnchurch Capital
manages a number of private equity funds with $2.2 billion of committed capital under
management and specializes in recapitalizations, growth capital,
management buyouts, corporate carve-outs and restructurings.
About Lincoln International
Lincoln International
specializes in merger and acquisition advisory services, debt
advisory services, private capital raising and restructuring advice
on mid-market transactions. Lincoln International also provides
fairness opinions, valuations and joint venture and pension
advisory services on a wide range of transaction sizes. With
eighteen offices in the Americas, Asia and Europe, Lincoln International has strong local
knowledge and contacts in key global economies. The firm provides
clients with senior level attention, in depth industry expertise
and integrated resources. By being focused and independent, Lincoln
International serves its clients without conflicts of interest.
More information about Lincoln International can be obtained at
www.lincolninternational.com
Media Contact: Heidi
Becker
hbecker@lincolninternational.com
(312) 506-2739
View original content with
multimedia:http://www.prnewswire.com/news-releases/lincoln-international-represents-wynnchurch-in-its-sale-of-senco-to-kyocera-300503893.html
SOURCE Lincoln International LLC