SEATTLE (PRWEB) March 20, 2020
ACT Capital Advisors is pleased to announce the acquisition of their client, Rainier Welding, Inc by Ranch Creek Partners, LLC. Rainier Welding specializes in fabricated steel structures used in the transportation and marine sectors.
ACT’s deal team included Michael Vanderslice, Managing Director and Chris Sheppard, Vice President.
The shareholders of Rainier Welding were seeking an exit by sale for the retirement of the founders. ACT was able to match the sellers with Ranch Creek Partners, LLC, an investor and operator of similar successful businesses.
“The transaction was successfully closed in the midst of the COVID19 outbreak. It shows the great fit between these two companies and their ability to see past short-term uncertainty”, said Michael Vanderslice.
About Rainier Welding, Inc. - Rainier Welding, Inc is a family owned business, founded in 1975, and located in Redmond, Washington. They work in steel and aluminum fabrication for local and out-of-state contractors. All of Rainier Welding’s service are performed by certified welders. Their scope of work includes casings and seismic upgrades, bridge work, marine work-docks & fenders, structural steel, railings, and sign bridges and cantilevers.
About Ranch Creek Partners, LLC - Ranch Creek Partners, LLC is a private equity investment firm focused on acquiring control positions in private and public companies in the middle-market segment. They have a unique approach to investing that enables them to invest in complex or unusual situations, unlocking new opportunities that most investors would overlook or avoid altogether. They target businesses that have the potential for significant free cash flow and growth.
About ACT - ACT Capital Advisors is a premier Mergers & Acquisitions (M&A) firm representing middle-market companies across all industries. ACT has a 30-year history of deal making, closing 200+ transactions and unlocking over $2 billion in wealth. The firm provides strategic M&A advice to closely held, family-owned, and private equity sponsored organizations that wish to sell all or portions of their companies. Clients choose to work with ACT because of its proven strategic auction process. This process generates simultaneous interest from multiple qualified buyers, resulting in the best possible price and deal structure. For more information see: https://actcapitaladvisors.com