DALLAS, May 27, 2014 /PRNewswire/ -- Deloitte Corporate Finance LLC ("DCF") acted as the exclusive financial advisor to Dallas-based MultiCam, Inc. ("MultiCam" or the "Company"), a portfolio company of Blue Sage Capital ("Blue Sage"), in its recapitalization with Rosewood Private Investments ("Rosewood"). MultiCam is a leading manufacturer of computer numerical control ("CNC") machine cutting solutions. The Company produces a full line of cutting solutions, including routers, plasma, laser, water jet and knife cutting machines. Through its network of independently owned distributors, MultiCam sells a variety of cutting solutions to a diverse set of end users around the world.
Since Blue Sage's initial investment in the Company, MultiCam has developed into a global leader of mechanized CNC cutting solutions and introduced multiple new product lines, including the 5-axis router.
"DCF's knowledge and experience added value throughout the process. Their commitment to MultiCam helped us to achieve our overall goals and objectives. DCF's insight and experience with middle market companies and transactions were vital to us finding the right partner for the next stage of MultiCam's growth," said Kris Hanchette, president of MultiCam.
"It has been a pleasure working with Kris and the rest of the MultiCam team to help them find a partner like Rosewood Private Investments, who they view as sharing the Company's vision for the future," said Tom Spivey, managing director, Deloitte Corporate Finance LLC and its southwest region leader. "We have a long-standing relationship with the Blue Sage team and are delighted to have advised their portfolio company on this transaction."
About MultiCam, Inc.
Based in Dallas, Texas, MultiCam, Inc. is a leading provider of mechanized cutting machine tools. MultiCam produces a full line of cutting solutions including routers, plasma, laser, water jet and knife cutting machines. MultiCam sells through a global network of independently-owned distributors to a diverse set of end users. For more information about MultiCam, visit www.multicam.com.
About Rosewood Private Investments
Rosewood Private Investments is the private equity arm of The Rosewood Corporation, a family-backed yet institutional firm with diverse worldwide operations and investments. Rosewood is wholly owned by the Caroline Hunt Trust Estate, which was established in 1935 by H.L. Hunt and built upon over generations by developing and acquiring businesses that are leaders in their respective industries. As an evergreen entity, Rosewood is continually seeking to invest capital in companies that share our commitment to entrepreneurism, integrity, and sound business principles. For more information about Rosewood Private Investments, visit www.rosewoodpi.com.
About Blue Sage Capital
Blue Sage Capital is an Austin, Texas-based private equity firm specializing in growth, recapitalization and buyout financings of smaller middle market companies based in Texas and the Southwest. Blue Sage invests in a variety of industries, with each initial investment typically ranging from $10 million to $20 million. For more information about Blue Sage Capital, visit www.bluesage.com.
About Deloitte Corporate Finance LLC
Deloitte Corporate Finance LLC, an SEC registered broker-dealer and member of FINRA, is an indirect wholly-owned subsidiary of Deloitte Financial Advisory Services LLP and affiliate of Deloitte Transactions and Business Analytics LLP. Deloitte Corporate Finance LLC provides deal execution and lead financial advisory services to large corporate, middle market, and private equity firms. Deloitte Corporate Finance has access to the resources of the Corporate Finance Advisory practices of the member firms (and their affiliates) within the Deloitte Touche Tohmatsu Limited network of member firms. Together with Deloitte Corporate Finance LLC, these practices include in excess of 1,600 professionals, working collaboratively in 150 international locations. Investment banking products and services within the United States are offered exclusively through Deloitte Corporate Finance LLC. For more information, visit www.investmentbanking.deloitte.com. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
Prior engagement performance is no guarantee of future performance and may not be representative of the experience of other clients. This communication is for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of a security.
Logo - http://photos.prnewswire.com/prnh/20120803/MM52028LOGO-a
SOURCE Deloitte
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article