Southern Aluminum Intermediate Holdings, Inc. (Southern Aluminum), a portfolio company of J.H. Whitney Capital Partners, LLC (JHW), was acquired by Saw Mill Capital.
The Industrials M&A Advisory practice of Kroll served as the exclusive financial advisor to Southern Aluminum in connection with the sale of the company.
Southern Aluminum is a leading producer of forward-thinking, stylish lightweight furniture solutions. Since 1978, their highly skilled team has delivered a unique line of exceptionally crafted linenless furniture to a range of industries including hospitality, education, government, and healthcare. Recognized for product strength, superior durability, advanced functionality and contemporary design, their unwavering commitment to the highest quality, sustainability and attention to detail is reflected in everything they do. Magnolia, Arkansas is the home of Southern Aluminum's manufacturing facility, and has been for over 40 years, where every product produced carries the heart, energy and passion of the dedicated people behind the Southern Aluminum brand.
J.H. Whitney (JHW), established in 1946 by the industrialist and philanthropist, John Hay “Jock” Whitney, was one of the first U.S. private equity firms and is often credited with pioneering the development of the private equity industry. Today, JHW remains privately owned by its investing professionals and their main activity is to provide private equity capital to small and middle-market companies with strong growth prospects in a number of industries including consumer, healthcare and specialty manufacturing. Their investors include leading foundations, universities, pension funds and other institutions.
Locke Lord LLP served as legal counsel to Southern Aluminum Intermediate Holdings, Inc. and J.H. Whitney Capital Partners, LLC in connection with the transaction.
Saw Mill Capital is a middle market private equity firm experienced in partnering with founders of facility and industrial service, specialty distribution and niche manufacturing businesses. The firm provides a dedicated business intelligence team and a curated operational approach to each portfolio company to accelerate core organic growth and establish market leaders. Saw Mill has been helping leadership teams transform entrepreneurial companies since 1997.
Reinhart Boerner Van Deuren s.c. served as legal counsel to Saw Mill Capital in connection with the transaction.
Kroll’s investment banking practice has extensive experience in M&A deal strategy and structuring, capital raising, transaction advisory services and financial sponsor coverage.
M&A advisory, restructuring and insolvency, debt advisory, strategic alternatives, transaction diligence and independent financial opinions.
Industrials expertise for middle-market M&A transactions.