Polygon Aerospace | Herndon Products and HCI Equity

Trefethen Advisors' broad-based financial and strategic advisory experience extends across a range of situations, industries and transaction sizes. The firm's professionals have executed the following selected transactions, among others:

Experience Categories

Upstream Oil & Gas

Multi-Unit Retail

Client & Engagement Overview

Client is a leading international distributor of highly engineered aircraft fasteners and related parts.
The Company stocks over 20,000 line items for next day delivery and maintains an established supply network with over 200,000 stocked items for delivery within three days.
The seller’s objective was to find the right partner, remain with the business, and rollover a meaningful portion of his equity.

Challenges

Following a strong first half of the year, the aerospace market softened in the second half of the year causing us to the halt the sale process temporarily while the market recovered.
After taking a break while the market recovered, we re-approached the top three buyers from the halted process and selected a strategic buyer.

Outcome

Our deep knowledge of the sector and strong investor relationships allowed us to quickly narrow a group of potential partners that had in-depth industry expertise and could build strong chemistry and trust with the business owner.
Trefethen’s bankers coordinated due diligence and was actively involved in all partnership agreement negotiations.