Seale Advises Oxbow Carbon on the Sale of Oxbow Sulphur to H.J. Baker & Bro.

WEST PALM BEACH, FLORIDA – Seale & Associates, Inc. (“Seale”) announced that it acted as exclusive financial advisor to Oxbow Carbon, LLC (“Oxbow”) on the sale of Oxbow Sulphur (“Sulphur”), a leading sulphur and sulphur-based products distribution, marketing, and trading company moving more that 4 million tons annually, with over US$500M in annual sales, to H.J. Baker & Bro, LLC, (“H. J. Baker”) a global manufacturer and supplier in the animal health, nutrition, and sulphur industries.

“We’re proud to have served Oxbow once again on another important transaction” said Jim Seale, President of Seale & Associates. Carlos Hernandez, Managing Director, added: “While this was a complex project operating on a global scale, we enjoyed working with Oxbow and H. J. Baker to solve the many interesting challenges in this transaction”.

Oxbow Sulphur, formerly known as ICEC, is the largest independent marketer of sulphur and sulphur-based products in the world. Sulphur serves refineries and gas producers, as well as fertilizer producers, mining companies, and other clients in a wide range of industries. The company owns the largest independent sulphur rail car fleet in North America, and is present in 15 countries, with operations and facilities in Canada and the United Kingdom, as well as sales offices in the United States, Canada, Kazakhstan, China, Singapore, and the Netherlands.

Oxbow Carbon, LLC, headquartered in West Palm Beach, Florida, is one of the nation’s largest private companies. The company is the world’s leading marketer of petroleum coke and calcined coke, and trades in other carbon and industrial products such as coal, gypsum, met coke, anthracite, and activated carbon. Oxbow has significant operating assets globally including sea and land terminals, calcining plants, pet coke upgraders, and transportation assets. Oxbow has offices or facilities in approximately 25 countries and conducts business in almost 100 countries around the world.

H.J. Baker & Bro., LLC, headquartered in Shelton, Connecticut, is a global manufacturer and supplier of products in the animal health, nutrition, and sulphur industries. Founded in 1850, the company offers crop nutrients, including micronutrients, organic fertilizers, and sulphur fertilizers; elemental sulphur products; and feed ingredients, including protein concentrates, dairy by-pass protein supplements, and feed fats for the poultry, dairy, swine, and aquaculture industries.

Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. For more information, please visit www.sealeassociates.com.

By | September 18th, 2019|Blog, Engagements, News|0 Comments

Seale & Associates Advises United Technologies (NYSE:UTX) on Sale of Unitec Elevator

NEW YORK, NEW YORK – Seale & Associates, Inc. announced that it acted as exclusive financial advisor to United Technologies Corporation (NYSE:UTX) and its Otis Elevator Company subsidiary on the sale of Unitec Elevator, a leading provider of elevator maintenance, modernization, and code compliance services to Pacific Avenue Capital Partners, LLC.

“We are pleased to have had the opportunity to assist United Technologies and Otis on this important transaction and on their continued portfolio realignment” said Robert Whitney, Managing Director at Seale & Associates. “We also wish the management of Unitec and Pacific Avenue the best of luck and future success in business.”

Unitec Elevator is one of largest and most experienced providers of elevator maintenance, modernization, and code compliance services in New York City and the surrounding boroughs. Unitec Elevator serves over 2,600 elevators under maintenance with more than fifty-five active modernization projects. Unitec’s management is supported by more than forty dedicated maintenance teams, seventeen testing and repair teams, and sixty modernization technicians.

United Technologies Corporation., headquartered in Farmington, Connecticut, provides high technology products and services to the building and aerospace industries. Its Otis segment designs, manufactures, sells, and installs passenger and freight elevators, escalators, and moving walkways; and offers modernization products to upgrade elevators and escalators, as well as maintenance and repair services.

Pacific Avenue Capital Partners, LLC headquartered in Los Angeles, California, is a private investment firm that is focused on corporate divestitures and other special situations in the lower middle market. Pacific Avenue acquires controlling interests in businesses across multiple industries including industrials, business services, healthcare services, and building products.

Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. For more information, please visit www.sealeassociates.com.

By | September 18th, 2019|Blog, Engagements, News|0 Comments

Seale & Associates Advises Grupo Torrey on the Sale of their business to FEMSA (BMV: FEMSA)

MEXICO CITY, MEXICO — Seale & Associates, Inc. (“Seale”), announced that it acted as exclusive financial advisor to the shareholders of Grupo Torrey on the sale of their business to FEMSA. Torrey is the leading independent commercial kitchen equipment company in Mexico. FEMSA (BMV: FEMSA) is a diversified conglomerate in consumer products and convenience stores.

Torrey was founded in 1969 in Monterrey, Nuevo León. Its product line includes refrigerators, meat slicers, scales and measuring equipment, among others. The company exports products globally and serves its customers in Mexico through a strong network of distributors.

FEMSA is a leading Mexican company that participates in the beverage industry through Coca-Cola FEMSA, the largest Coca-Cola product bottler in the world, in the beer industry, through its ownership of the second largest shareholding in Heineken and in its convenience store division, with OXXO, the largest and fastest growing convenience store chain in Latin America.

Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. For more information please visit www.sealeassociates.com.

By | July 4th, 2019|Blog, Engagements, News, Press Releases|0 Comments

Seale & Associates Advises Anne Sullivan in its Partnership with Discovery Americas

MEXICO CITY, MEXICO — Seale & Associates, Inc. (“Seale”) announced that it acted as exclusive financial advisor to the shareholders of Anne Sullivan in its partnership with Discovery Americas through its educational platform Merited, which invests in schools throughout the Mexican Republic.

Anne Sullivan School was founded more than 35 years ago and is characterized by offering a complete program of 360 degrees of transversal application with a high degree of personalization.

Discovery Americas is a private equity fund with 15 years of experience with investments in different industries including logistics and transportation, financial services, health and consumer services. Their platform Merited is in charge of consolidating opportunities in the education sector in Mexico. It currently has 3,200 students spread across 3 schools and continues to search for investment opportunities.

Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. For more information please visit www.sealeassociates.com.

By | July 4th, 2019|Blog, Engagements, News, Press Releases|0 Comments