Sur-Seal Corporation (“Sur-Seal” or the “Company”), based in Cincinnati, Ohio, is a leading distributor of custom designed sealing solutions, along with ancillary and related components and assemblies.
Founded in 1965, the Company serves original equipment manufacturers with products that provide critical functionality across end-markets, including lighting and electronics, heating and cooling, medical equipment, and other industrial sectors.
The Wilz brothers, whose father co-founded the Company, sought a partner that would provide adequate capital for expansion and liquidity for the Sur-Seal ownership team.
Sur-Seal engaged Amherst Partners (“Amherst”) to assist in securing capital to pursue an aggressive growth plan while also providing liquidity to the family owners.
Amherst conducted a highly-targeted search process focused on identifying prospective investors/buyers with demonstrated experience in the engineered materials solutions sector and a history of success working in partnership with family-owned businesses.
Amherst identified and approached a select group of strategic and financial investors. The Company ultimately completed a transaction with an established private equity fund, Capital Partners.
The Wilz family continues to be a part of the business while Larry Faist, President, leads the Company as it pursues opportunities to expand both within and outside of its current customer and product base.
The transaction represented a significant step in the Company’s ultimate goals of responsible growth while maintaining the Company’s unique culture.
Capital Partners’ approach focuses on operational excellence and insightful strategic analysis, rather than financial engineering. Capital Partners’ principals have significant operating experience and work closely with portfolio company management teams across a broad range of industries.
Sur-Seal Corporation
1965
Cincinnati, Ohio
www.sur-seal.com
M&A Advisory
Industrials