Case Study:

Ann Arbor Machine Company, a leading designer and manufacturer of customer made machine tools, with annual revenues of $66mm, had been successfully owned and operated as a privately-held business for over thirty years.
The founder, CEO and principal shareholder, Bob Betzig, after a fifty year career in the industry, was looking to retire.
Ann Arbor Machine was well positioned and out performing its industry, which was in the midst of a protracted downturn.

The Board sought a full liquidity event for all shareholders (in excess of 200) in a transaction that would position the company for continued growth.

Matrix identified and contacted many strategic and financial buyers in a process that included both domestic and international acquirers. Confidential memoranda were distributed to interested parties and several indications of interest were received.
After completing management presentations, the Board of Directors selected the Borman Family to complete the sale of the business.