Press Release Excerpt
We are pleased to announce that Brookwood Associates advised CCI Conveyor Components, Inc. on the December 2008 sale of the Company to Martin Sprocket & Gear, Inc., a leading international power transmission and conveying products manufacturer. The founder and owner of CCI sought to diversify his net worth and find a partner with the financial resources to sustain the company’s solid growth. Brookwood ran a targeted marketing process to strategic buyers who could realize significant cost and growth synergies with the Company’s products and customers. The transaction was ultimately successful due to the Company’s superior market position, continued strong performance in a challenging economy, excellent management team and an attractive value proposition for both parties.