Aluminum Company Add on Acquisition

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A domestic aluminum sheet manufacturing company was seeking to expand capacity, enter new markets, and position a production base closer to some of its larger customers. Management recognized that if a suitable acquisition were available it would be quicker to buy then to build organically. Several of Rider Opportunity Groups partners who were already familiar with the industry identified the companies that might fit the acquisition criteria. Three of them were our customers, and one recognized the strategic fit. A deal to purchase the business and rolling mill assets was negotiated and closed in 90 days.