Metal Power Products

Situation

Metal Powder Products, LLC (“Metal Powder Products”, “MPP” or the “Company”), based in Westfield, Indiana, is a leading global provider of custom-engineered powder metallurgy solutions to the automotive, lawn & garden and basic industrial sectors.

MPP is a leader in the innovation of material formation, sintering, densification and powder metallurgy joining techniques.

Solution

MPP’s parent company, Revere Industries (“Revere”), engaged Amherst Partners (“Amherst”) to advise on the sale of the Company and lead a process that would maximize value and identify a partner with the operational expertise and resources required to continue growth.

Results

Amherst identified and approached a select group of strategic and financial investors. The transaction was completed with Millstein on an expedited timeline that resulted in a closing approximately four months after the transaction was launched.

MPP represents a well-positioned opportunity for growth, as Millstein plans on-going investments in the Company’s market leading aluminum capabilities, a significant area of emphasis among automotive OEM customers in search of vehicle weight reduction opportunities.

Additionally, MPP’s executive leadership team will continue to direct the Company’s operations post-close, as well as hold a minority equity stake in the Company.