The Duff & Phelps Opinions Practice of Kroll Rendered a Fairness Opinion to Andretti Acquisition Corp. in Connection with Its Proposed Merger with Zapata AI

has been acquired by
On October 31, 2014, C&J Cladding (“C&J” or “the Company”) was acquired by Ellwood Group, Inc.
About C&J Cladding LLC
C&J Cladding LLC is the recognized leader in cladding subsea, surface, offshore and marine wellhead production components. Since 1995, C&J has provided expert welding and post weld heat treatment services to global oilfield equipment manufacturers and a network of world-class machine shops.
About Ellwood Group, Inc.
Ellwood Group, Inc. is a family-owned, privately held company that has been operating for over 100 years. Through growth and acquisition, EGI has become a major supplier of high-quality, engineered, heavy metal components to customers all over the world. While EGI has grown significantly and now employs over 2,000 employees, the same family values are just as important now as they were 100 years ago.
Transaction Role
Duff & Phelps served as exclusive financial advisor to C&J Cladding and provided M&A advisory services in connection with the sale transaction.
M&A advisory, restructuring and insolvency, debt advisory, strategic alternatives, transaction diligence and independent financial opinions.
Energy and Mining expertise for middle-market M&A transactions.
Kroll’s Transaction Advisory Services platform offers corporate and financial investors with deep accounting and technical expertise, commercial knowledge, industry insight and seamless analytical services throughout the deal continuum.
Duff & Phelps Opinions is a global leader in Fairness Opinions and Special Committee Advisory, ranking #1 for total number of U.S. and global fairness opinions over the past 10 years, according to Refinitiv cumulative data from 2013-2022.