Fabricated Metal Products (“FMP”) is a Southeastern Wisconsin-based manufacturer of components and assemblies required by heavy-duty machinery companies. The business was formed in 1952 and has grown into a supplier of choice for leading material handling, waste disposal equipment, heavy-duty truck, and other industrial customers. In addition to being ISO 9001 certified, FMP is also certified by several major OEM’s, including attaining the highest level of certification under the Caterpillar® supplier certification system.

As FMP’s ownership group began to contemplate transition plans for the business owned since 1999, the Company’s law firm recommended that the owners have a confidential conversation with Promontory Point Capital. PPC was subsequently engaged to explore strategic alternatives for the business to facilitate the achievement of ownership’s goals. PPC’s engagement encompassed preparing materials to market the Company, leading a confidential outreach effort to a targeted group of strategic and financial parties, and soliciting offers on the business. After soliciting preliminary offers from multiple bidders, PPC assisted in negotiating a Letter of Intent with Newel Capital and Optimus Capital Partners. PPC managed the entire due diligence process and assisted in closing this transaction during December of 2022 marking another successful Done Deal for our firm.