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Ontic Engineering & Manufacturing, Inc. is the leading provider of aerospace products & components through licensing relationships with aerospace OEMs, including: Hamilton Sundstrand, Goodrich, Woodward, Eaton, Moog, HR Textron and Parker Hannifin.
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Ontic’s shareholders desired to consider its strategic alternatives to generate shareholder liquidity, including a sale.
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Initially, M&A Capital recommended that Ontic pursue certain business opportunities and strengthen management prior to entering a sale process, which Ontic did.
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After achieving certain objectives over a few years, M&A Capital targeted a broad universe of financial and strategic investors and generated numerous proposals including: growth capital, leveraged recapitalization, both minority and control capital from financial buyers and purchase offers from strategic buyers.
- Ontic’s shareholders sold the company to BBA, as the price was attractive and BBA indicated a commitment to Ontic’s business plan and management.
- To read client testimonial, please click: Ted Allred Testimonial.