ejection of the finished part from the mold

Nolan & Associates Advised Imperial Plastics in a recapitalization led by Goldner Hawn Johnson & Morrison

“Nolan’s performance was awesome.  The Goldner Hawn transaction represents our second Nolan & Associates advisory engagement.  Each time, Nolan produced an optimal result for Imperial and its owners.”

– Norm Oberto, Imperial CEO

St. Louis, MO  – (Nov. 15, 2012) Nolan & Associates is pleased to announce that it advised Imperial Plastics in a recapitalization led by Goldner Hawn Johnson & Morrison.

Our Client: Imperial Plastics

  • Imperial is a $60 MM custom plastic injection molding business that provides highly engineered component parts to the recreation, medical, dental, automotive, building products and consumer industries.
  • Imperial, founded in 1968 and located in Lakeville, Minnesota, is led by a strong management team that produces industry leading results.

Objectives of Imperial

  • Imperial’s owner sought a liquidity event that would provide our client a continued operating role and significant ownership position in the business, preserve Imperial’s independence and satisfy estate planning needs.
  • Imperial’s owner was also interested in securing a partner with the resources to support the Company’s aggressive strategic acquisition plan going forward.
  • Nolan conducted a confidential sale process that included the most logical private equity sponsors that could help accomplish our client’s goals.

Solution: Recapitalization by Goldner Hawn Johnson & Morrison

  • Nolan marketed Imperial’s best-in-class performance, efficient operations, unique international sourcing capabilities and proven management team to generate strong investment interest for the Company.
  • Nolan’s controlled process created a market for Imperial that yielded 10 indications of interest and 5 letters of intent.
  • Imperial’s owner chose Goldner Hawn as the investor that brought the best cultural fit and economic terms to the table for Imperial.

Recapitalization Process Results

  • The transaction also provided Imperial $20 MM to fund the Company’s aggressive strategic acquisition program.
  • The Nolan process created a sense of scarcity, competition and momentum which convinced investors to put their best foot forward and delivered the Outlier Valuation.

About Nolan & Associates

Nolan & Associates is a boutique investment banking firm providing Mergers & Acquisitions and Capital Raise advisory services to middle market business owners and buyers.  Founded in 1976, Nolan is broadly recognized as a leading investment banking firm with Midwestern roots and global reach.  The Nolan team has completed hundreds of transactions in the middle market while working collaboratively from its offices in St. Louis, MO and Decatur, IL.

Securities offered through Middle Market Transactions, Inc.  Member: FINRA/SIPC.

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