Matrix Capital Markets Group (804) 780-0060 - Case Study: Bollection Door

Case Study: Bolection Door - Acquisition

Situation

Consolidated Fiber, LLC of Greensboro, NC specializes in the production of medium density fiberboard (MDF) doors under the trade name Bolection Door.
Due to its rapid growth, the company was operating near full capacity, and a sizable facility expansion was soon going to be required to support projected future growth.
The owners were faced with the dilemma of either investing additional capital in the business, adding substantial debt or bringing in a strategic partner.

Objective

The owner’s primary objective was to retain an interest in the business and thereby share any potential upside without putting all of their personal capital at risk.

Solution

Matrix Capital was engaged to complete a Transaction Feasibility Assessment (TFA) to call potential investors and acquirors to determine the level of interest in the company.
Based on the TFA feedback, Marshfield DoorSystems, Inc., a portfolio company of Wind Point Partners, expressed an interest in acquiring the company.
Matrix structured and negotiated a sale of the business, including an arrangement for additional compensation based on future performance.