RALEIGH, N.C., July 24, 2017 /PRNewswire-iReach/ — FMI Basic Advisors is admiring to advertise the auction of Drexel Metals, Inc., a portfolio aggregation of Arborview Capital, to Carlisle Architecture Materials (“CCM”), a $2 billion assay of Carlisle Companies (NYSE: CSL). Drexel Metals is a baton in the architectural metal beam articulation confined both residential and bartering barter with anniversary acquirement of about $50 million. FMI Basic Advisors acted as the absolute cyberbanking adviser to Arborview Basic and Drexel Metals.
The transaction was led by Porter Wiley, Managing Director and arch of FMI’s Architecture Articles Group. FMI’s absolute assay aggregation accurate the transaction with a “staple” activity amalgamation which included a custom bazaar anticipation and aggressive assay report.
“Porter and the FMI aggregation did an outstanding job of advancing us to best clear the strengths of the Company’s avant-garde business model”, said Karl Khoury, Arborview Partner and Drexel Chairman. “In addition, their ability of and relationships aural the architecture articles industry enabled them to acquaint assorted absorbed parties to the action that we would not accept anticipation to acquaintance ourselves.” Arborview Capital, headquartered in Chevy Chase, Maryland, is a advance disinterestedness and adventure basic close that makes investments in impact-focused companies beyond the activity efficiency, ability ability and sustainability sectors.
Drexel is a bazaar baton in the move to on-site artifact of beam panels application adaptable roll-forming machines. The aggregation additionally provides custom trim and cornice fabrication, bend metal, underlayment and insulation products. “We are now aflame about actuality allotment of the CCM ancestors of products,” said Brian Partyka, President of Drexel Metals.
About FMI Basic Advisors:
FMI Basic Advisors, a accessory of FMI Corporation, is a arch advance cyberbanking close alone confined engineering and construction, basement and the congenital environment. With over 600 completed transactions, our different industry focus enables us to accommodate our audience with admired acumen and advice. Audience accretion admission to our unparalleled arrangement of industry contacts, abysmal bazaar ability and abstruse expertise.
FMI Basic Advisors Contact:
Porter WileyManager [email protected]
Media Contact:Rebecca Esler, FMI Corporation, 919-785-9209, [email protected]
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SOURCE FMI Corporation
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