Holleway Capital Partners announces acquisition of Braner USA
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Holleway Capital Partners announces acquisition of Braner USA
Braner USA (www.braner.com), based in Chicago, Illinois ("Braner" or the "Company"), designs, engineers and produces high-performance flat rolled metal coil processing and automated metal coil handling systems. More than 1,000 Braner processing systems are in operation today, serving metal service centers and original equipment manufacturers around the world. Braner's highly engineered systems process a variety of metals (carbon steel, brass, copper, aluminum, stainless, etc.) to precise width, length and gauge tolerances to customer specifications.
"Braner's systems are world renown for quality. Our research confirmed customers' significant preference for Braner systems over the competition, based on reliability, "said Wes Hampp, Managing Partner of Holleway Capital Partners. "For nearly 80 years, Braner has delivered value and service to its customers around the world. We look forward to continuing to build on that legacy."
"I am thrilled to bring in partners whose culture and values align with what I have built over the last 40 years. I'm excited to capitalize on the growth opportunities in front of us with the financial and operational support of the new investor group," said Doug Matsunaga, Braner's CEO.
Holleway Capital Partners, Aldine Capital Partners and NewSpring Mezzanine Capital provided capital to complete the transaction. In addition, Doug Matsunaga invested alongside the investor group.