The panel will discuss the industry’s current M&A climate, best practices to best position your business, valuation dynamics, post-merger issues and more. Learn from industry operating veterans, advisors and investors to include Joseph Stephens, President and CEO of Motor City Industrial (formally with Fastenal Company), Adam Tindel of BlackArch Partners (industry investment banker), Rick Cravey of Kian Capital Partners (private equity owners of Motor City) and Robert Puskas, former owner of Motor City. The moderator will be Richard Hagan of Pinnacle Capital (an industry focused M&A advisor). Whether you are planning to acquire or planning to sell, the panel discussion will provide key milestones and strategies to keep in view as you progress down either path. In addition, you will gain insight into the strategies being deployed by those acquiring competitors.
Moderator: Richard Hagan, Managing Partner, Pinnacle Capital
Panelists:
- Joseph Stephens, President & CEO, Motor City Industrial
- Adam Tindel, Managing Director, BlackArch Partners
- Rick Cravey, Partner, Kian Capital Partners
- Robert Puskas, former owner of Motor City Industrial
More and more distributors are selling to larger competitors and merging to form larger organizations, and yet the fastener industry remains fragmented. Many fastener distributors have not joined the M&A conversation due to timing concerns, lack of a succession plan, or no interest. Conversely, none of us can ignore the volume of transactions as we watch large regional fastener distributors sell to even larger companies. In this discussion, the panel will dive into the macro economic forces that are driving the consolidation while other participants will provide key strategies employed by the various entities participating in the acquisition activity.
Invest your time in understanding what’s happening in the fastener industry. Regardless of your plans to buy or sell, understanding the current environment is key to navigating it.
This panel will focus on the practical aspects of working with acquirers in the fastener industry. You’ll learn how to evaluate the motives of individual participants like buy-side brokers, sell-side brokers, and private equity firms, and also have the opportunity talk to former owners who have sold.
Subjects covered in this discussion are:
- M&A Environment: Today and what’s on the horizon
- The sale or purchase process: What to expect
- Private equity ownership: What they do with your company once investment is made
- Private equity industry: What drives valuation
- Protecting your employees in a buying or selling process
- Best practices: Before, during, and after acquisition