#None #Austin #Madison Street Capital #American Anchor Bolt #Salt Creek Capital

Madison Street Capital Successfully Facilitates Sale of American Anchor Bolt

In a significant move in the industrial sector, Madison Street Capital has acted as the exclusive financial advisor for American Anchor Bolt Manufacturing, facilitating its sale to Salt Creek Capital, a renowned private equity firm based in Woodside, CA. This transaction marks a strategic shift for American Anchor Bolt, which has established itself as a leader in the production of customized anchor bolts and embedded steel products since its inception in 1996.

Overview of the Companies Involved

Founded by Myrna Tucker, American Anchor Bolt has its headquarters in Houston, Texas, and operates from a state-of-the-art 21,000 square foot facility. Known for their rapid production capabilities and competitive pricing, the company has carved out a niche in providing products essential for engineering and construction projects globally. Their offerings include threading capacities through four inches and bending capabilities for bolts up to four-and-a-quarter inches.

Salt Creek Capital, on the other hand, has positioned itself as a flexible capital solutions provider to family-owned businesses and entrepreneurs since 2009, focusing primarily on ownership transitions for businesses with annual sales of up to $100 million. This experience aligns perfectly with American Anchor Bolt’s goals, providing a promising future for the business post-acquisition.

Expert Guidance from Madison Street Capital

Charles Botchway, the CEO of Madison Street Capital, announced the transaction and expressed pride in representing American Anchor Bolt during this pivotal phase. The role of the Madison Street Capital team, led by Managing Director Peter Phillips, was crucial, as they brought their extensive experience in the industrial space to the table, ensuring a smooth transition for all involved.

Myrna Tucker, President of American Anchor Bolt, praised the Madison Street Capital team for their unwavering support throughout the process. She highlighted how their innovative graphics and in-depth analyses played a significant role in presenting her business to potential buyers. “Pete was the ship captain that kept all things heading in the right direction,” Tucker remarked, underscoring the critical role the team has played.

This sentiment was strongly echoed in the collaborative effort, where the team’s diligence and organizational skills were vital. Daniel, another member of the Madison Street group, was recognized for breaking down the intricate details into manageable tasks, keeping the process efficient and on track.

A Promising Future Ahead

Myrna Tucker’s leadership reflects the quintessential client of Madison Street Capital — a business owner deeply engaged in their industry, successfully navigating the complexities of the market. This sale not only marks an achievement for American Anchor Bolt but also reflects Madison Street Capital’s dedication to the highest professional standards.

Peter Phillips noted, “Myrna’s journey embodies the spirit of entrepreneurship—a classic American story of turning vision into reality,” emphasizing the remarkable trajectory of American Anchor Bolt. He expressed confidence in the acquisition by Salt Creek Capital, believing it to be a mutually beneficial partnership that promises growth and innovation moving forward.

Conclusion

In summary, the strategic sale of American Anchor Bolt to Salt Creek Capital signifies a pivotal moment for both companies, aided by the expertise of Madison Street Capital. As American Anchor Bolt prepares for this new chapter, the groundwork laid by Madison Street Capital inspires confidence for a successful journey ahead in the industrial sector. Stakeholders can certainly anticipate significant developments as both firms work towards realizing the full potential of this acquisition.

For more information on Madison Street Capital and their wide array of financial advisory services, visit their official website.