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PCE Investment Bankers, a leading financial services firm specializing in mid-market companies, is pleased to announce the sale of Eagle Metal Distributors (“Eagle Metal”) to Eastern Metal Supply (“EMS”), a premier distributor of aluminum products and Wynnchurch Capital, a private equity firm. PCE acted as the exclusive advisor to Eagle Metal in this transaction.
The acquisition significantly enhances EMS’s capabilities and expands its geographical footprint in the metal distribution market. This strategic move not only bolsters EMS's existing business lines but also positions the company for substantial growth in this sector.
Eagle Metal, based in Orlando, Florida, was founded in 2004 and has established itself as a trusted distributor of metal products, servicing a diverse customer base across various sectors.
Mike Swedick, CEO of EMS, said, “We are delighted to partner with Steve Wrazen and the broader Eagle team to support the company’s next phase of growth. Steve has built an incredible business focused on providing customers with high quality products and services, and we are excited to continue building upon that strong reputation.”
“While we are extremely proud of the business we have built over the last 20 years, we are excited to partner with EMS and leverage their resources going forward,” said Steve Wrazen, President of Eagle. “This partnership will allow us to expand our offering of products and services to new and existing customers throughout Central Florida. We are also very grateful to PCE for their instrumental role in facilitating this deal. Their guidance proved invaluable throughout the process."
Michael Poole from PCE remarked, “This transaction is a testament to Eagle Metal’s robust market position and its commitment to quality and customer satisfaction. With EMS’s extensive network and capabilities, Eagle Metal’s clients will benefit significantly from the expanded range of solutions and services.”
About Eagle Metal Distributors
Founded in 2004 and headquartered in Orlando, Florida, Eagle is a distributor of aluminum patio extrusions, aluminum beams, patio screens, and other related products utilized in the installation and repair of pool enclosures and screen rooms throughout Central Florida. For more information, please visit: www.eaglemetalsinc.com.
About EMS Group
EMS, headquartered in Lake Worth, Florida, is a value-added distributor of aluminum products sold into a variety of industrial, commercial, residential, and marine end markets. Founded in 1982 with a single Florida location, EMS has expanded into new regions and now operates fifteen distribution and manufacturing facilities totaling nearly 1.6 million square feet. For more information, please visit: www.easternmetal.com.
About Wynnchurch Capital
Wynnchurch Capital, L.P., headquartered in the Chicago suburb of Rosemont, Illinois, with an affiliate in Canada, was founded in 1999 and is a leading middle-market private equity investment firm. Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch manages a number of private equity funds with $9.2 billion of regulatory assets under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings. For more information, please visit: www.wynnchurch.com.
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