Mesirow, an independent, employee-owned financial services firm, today announced it acted as the exclusive financial advisor to Reel Power International Corp. (āReel Powerā or the āCompanyā), a portfolio company of Dubin Clark & Company, Inc. (āDubin Clarkā) and Praesidian Capital (āPraesidianā), on its sale to StoneTree Investment Partners (āStoneTreeā).
Based in Oklahoma City and Houston, Reel Power designs, engineers and manufactures automated material handling and control solutions for manufacturers and end users in a variety of growing markets, including fiber optic, data center, energy, medical and defense, among others. The Company delivers custom-engineered and patented solutions that enhance productivity, efficiency and safety within manufacturing facilities and in-the-field. Reel Power is backed by decades of application-specific engineering, strong brand reputation, and two state-of-the-art facilities.
Nathan Moeri, Managing Director at Mesirow Investment Banking, said, āReel Power has achieved impressive growth and portfolio expansion into automated solutions under Dubin Clark and Praesidianās ownership. We were proud to serve as the Companyās advisor in this transaction and look forward to seeing its continued success under StoneTreeās ownership.ā
āWe appreciate Mesirowās guidance, which was instrumental in achieving a successful outcome with a like-minded partner,ā said Joe Henry, CEO of Reel Power. āStoneTree shares our commitment to growth, and we look forward to the next chapter under their ownership.ā
āReel Power has been a strong performer and a valued partner, and we are proud of the growth the management team has achieved,ā said Tom Caracciolo, Managing Partner at Dubin Clark. āWe are confident that StoneTree is well-positioned to support Reel Powerās continued success and future expansion,ā added Jason Drattell, Founder at Praesidian.
The sale of Reel Power International Corp. marks another successful industrial technology transaction completed by Mesirow Investment Banking. In recent years, the firm has completed more than 350 transactions across its verticals. With deep industry expertise, long-standing client relationships, and a commitment to delivering tailored solutions, Mesirow continues to build a proven track record of highly successful transactions.Ā
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Private Capital & Currency, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities and our culture.
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Mesirow Financial, Inc., member FINRA, SIPC.