Industrials

Moelis & Company has extensive experience advising Industrials clients on critical strategic transactions. Our expertise includes automotive, transportation, logistics, business services, aerospace, defense, building products, homebuilding, diversified industrials, capital goods, chemicals, forest products, paper, packaging, metals, mining, electrical equipment, power, infrastructure, renewable energy, utilities, oil and gas.

Select transactions advising clients in this industry include the following:

ANNOUNCEMENT DATECOMPANYCLIENTVALUETRANSACTIONSTATUS
  05/08/2012Reichhold Industries, Inc.Company$194 millionExchange offerClosed
  04/17/2012SkyPower LimitedCompanyCAD$185 millionMajority sale to and joint venture with Canadian Solar Inc.Pending
  04/04/2012National Specialty Alloys, LLCCompanyUndisclosedSale to Reliance Steel & Aluminum Co.Closed
  03/23/2012Ashton Woods USA, L.L.C.Company$40 millionAdd-on to second lien senior secured credit facilityClosed
  02/08/2012Comstock Mining Inc.Company$15 millionCommon stock offeringClosed
  02/06/2012Reliance RailSyncora Guaranty and Financial Guaranty Insurance Company UKA$2.5 billionRecapitalization and restructuringClosed
  01/31/2012A-D Technologies Holdings, LLCCompanyUndisclosedSale to CHS CapitalClosed
  01/31/2012U.S. Silica Holdings Inc.Company$200 millionInitial public offeringClosed
  01/27/2012Solutia Inc.Company$4.7 billionSale to Eastman Chemical CompanyPending
  01/23/2012CIBER, Inc.CompanyUndisclosedSale of Federal Division and associated assets to CRGT, Inc.Closed
  01/09/2012TurboCombustor Technology Inc.CAI Private EquityUndisclosedSale of portfolio company TurboCombustor Technology Inc.Closed
  12/21/2011United Technologies CorporationCompanyUndisclosedJoint venture with Singapore Technologies Engineering Ltd for the EcoPower® Engine Wash BusinessPending
  12/19/2011Commercial Metals CompanyCompany$1.7 billionDefense of hostile tender offer from IEP Metals Sub LLC (an affiliate of Carl Icahn) and related proxy fightSuccessful
  11/14/2011Tri-Star Electronics International, Inc.Company$285 millionSale to Carlisle Companies IncorporatedClosed
  09/26/2011Tronox IncorporatedCompanyUndisclosedAcquisition of Exxaro Resources LimitedPending
  09/16/2011Northern Gold Mining Inc.CompanyCAD$10.9 millionPrivate placementClosed
  09/02/2011Fiddler’s Creek, LLCCompany$280 millionRestructuringClosed
  08/26/2011Horizon Lines, Inc.Company$653 millionRecapitalizationClosed
  08/01/2011Golden Gate CapitalCompanyUndisclosedAcquisition of EP Minerals, LLCClosed
  07/27/2011BlueLinx Holdings, Inc.Company$60 millionCommon stock offeringClosed
  06/30/2011Redrow plcCompanyUndisclosedSale of Scottish operations to Springfield Properties plcClosed
  06/28/2011Sensis CorporationBoard of Directors$195 millionSale to Saab North America, Inc.Closed
  06/21/2011Sterling Chemicals, Inc.Special Committee of the Board of Directors$100 millionSale to Eastman Chemical CompanyClosed
  05/31/2011Deutsche Post DHLCompanyUndisclosedAcquisition of Standard Forwarding LLCClosed
  05/30/2011International Specialty Products, Inc.Shareholders$3.2 billionSale to Ashland Inc.Closed
  04/28/2011Xinergy CorporationCompany$200 millionSenior secured notes offeringClosed
  03/13/2011White Tiger Gold LtdSpecial Committee of the Board of Directors$1.4 billionCombination with Century Mining CompanyClosed
  01/31/2011Quality Distribution, Inc.Company$38 millionFollow-on offeringClosed
  01/10/2011Orkla ASACompany$2.0 billionSale of Elkem AS to China National Bluestar GroupClosed
  12/29/2010Wynnchurch Capital Ltd.CompanyUndisclosedAcquisition of Wolverine Advanced Materials and mezzanine financing and common equityClosed
  12/09/2010Alinta Energy GroupConsortium of Senior LendersA$2.8 billion RestructuringClosed
  12/05/2010Noranda Aluminum Holding CorporationCompany$131 millionFollow-on equity offeringClosed
  11/25/2010CPI International, Inc.Special Committee of the Board of Directors$525 millionSale to Veritas CapitalClosed
  11/18/2010Penhall CompanyCenterbridge Partners L.P.$291 millionRecapitalizationClosed
  11/09/2010Chemtura CorporationAd Hoc Committee of Bondholders$2.7 billionChapter 11 ReorganizationClosed
  10/31/2010Quality Distribution, Inc.Company$225 millionSenior secured notes offeringClosed
  10/27/2010Wynnchurch Capital Ltd. and Henniges Automotive Holdings, Inc.CompanyUndisclosedSale of Henniges Automotive Holdings, Inc. to Littlejohn & Co. LLCClosed
  10/19/2010Comstock Mining Inc.Company$29 million Debt for Equity Exchange; $36 million Equity OfferingDebt for equity exchange and equity offeringClosed
  10/17/2010Excel Polymers LLCCompany$213 million Sale to HEXPOL ABClosed
  09/23/2010TRI Pointe Homes, LLCCompany$150 millionPrivate equity placementClosed
  09/19/2010Almatis GmbHCompany$1.0 billionChapter 11 ReorganizationClosed
  09/01/2010Univar and CVC Capital PartnersCompany$4.2 billion1Sale of a 42.5% ownership interest in Univar to Clayton, Dubilier & RiceClosed
  07/28/2010Neenah Enterprises, Inc.Ad Hoc Group of Senior Secured Noteholders$380 millionChapter 11 ReorganizationClosed
  07/12/2010Air Lease CorporationCompany$1.3 billionCommon stock and 144A equity offeringClosed
  07/06/2010Pacific Century MotorsCompanyUndisclosedAcquisition of Nexteer Automotive from General Motors CompanyClosed
  07/05/2010Ashton Woods HomesCompany$75 million Term Loan; $10 million Equity InvestmentSenior secured term loan and equity investmentClosed
  05/31/2010Aleris International, Inc.Company$2.7 billionChapter 11 ReorganizationClosed
  05/12/2010Noranda Aluminum Holding CorporationCompany$92 millionInitial public offeringClosed
  05/02/2010Beazer Homes USA, Inc.Company$448 millionPublic offering of common stock, tangible equity units and senior unsecured notesClosed
  04/29/2010LyondellBasellAd Hoc Group of Senior Secured First Lien Lenders$24 billionChapter 11 ReorganizationClosed
  04/27/2010Atrium Companies, Inc.Company$682 millionChapter 11 Reorganization consummated through sale of the company to Golden Gate Capital and Kenner & CompanyClosed
  04/21/2010RPK Capital Management Group, LLCCompany$600 millionEquity partnership with The Carlyle GroupClosed
  04/15/2010Thule ABCompanyUndisclosedSale of legacy acquisition debt and product liabilityClosed
  04/07/2010Metals USA, Inc.Company$240 millionInitial public offeringClosed
  03/10/2010Carson Real Estate CompaniesCompany$130 millionPurchase of a loan secured by large automotive companyClosed
  03/01/2010Bain Capital, LLCCompany$1.6 billionAcquisition of The DOW Chemical Company's Styron divisionClosed
  02/22/2010YRC Worldwide, Inc.Company$70 millionPrivate placement of senior unsecured convertible notesClosed
  01/26/2010Airborne Systems Group LimitedCompanyUndisclosedSale to HDT InternationalClosed
  01/12/2010Stock Building SupplyCompanyUndisclosedSale of Universal Supply Company subsidiary to BlackEagle Partners Closed
  01/05/2010Beazer Homes USA, Inc.Company$103 million Common Stock, $58 million Mandatory Convertible NotesCommon stock and mandatory convertible notes offeringClosed
  01/03/2010International Aluminum CorporationCompany$169 millionChapter 11 ReorganizationClosed
  12/30/2009YRC Worldwide, Inc.Company$470 millionExchange offerClosed
  12/17/2009TYBRIN CorporationCompanyUndisclosedSale to Jacobs Engineering Group Inc.Closed
  12/10/2009Nortek, Inc.Ad Hoc Committee of Bondholders$1.8 billionChapter 11 ReorganizationClosed
  11/23/2009Olson Urban Housing LLCCompanyUndisclosedRestructuringClosed
  11/22/2009NaverusCompanyUndisclosedSale to GE - AviationClosed
  11/12/2009Chriscott USA Inc.CompanyUndisclosedAcquisition of Barzel Industries Inc.Closed
  11/04/2009Lear CorporationAd Hoc Committee of Senior Unsecured Noteholders$3.6 billionChapter 11 ReorganizationClosed
  10/26/2009Tinnerman Palnut Engineered Products, Inc.CompanyUndisclosedSale to A. Raymond Et CieClosed
  10/22/2009Builders FirstSource, Inc.Special Committee$205 million Rights Offering, $275 million Exchange OfferRights offering and exchange offerClosed
  10/19/2009William Lyon Homes, Inc.Company$206 million; Senior Secured Term Loan; $73 million Senior Notes RepurchaseSenior secured term loan and senior notes repurchaseClosed
  10/14/2009Dayton Superior CorporationCompany$375 millionChapter 11 ReorganizationClosed
  10/06/2009Delphi Automotive LLPOfficial Committee of Unsecured Creditors$22.2 billionChapter 11 ReorganizationClosed
  10/05/2009Quality Distribution, Inc.Company$135 million Senior Notes; $81 million Sub Notes and WarrantsExchange offerClosed
  09/27/2009GenTek, Inc.Board of Directors$673 millionSale to American Securities LLCClosed
  09/16/2009Sonic Automotive, Inc.Company$173 million; Convertible Senior Notes, $105 million Follow-on Equity OfferingConvertible senior notes and follow-on equity offeringClosed
  09/02/2009Beazer Homes USA, Inc.Company$250 millionSenior notes offeringClosed
  08/04/2009Caraustar Industries Inc.Ad Hoc Group of Senior Noteholders$219 millionChapter 11 ReorganizationClosed
  06/25/2009Thule ABCompanyUndisclosedSale of Thule Towing Systems LLC to GRLC LLCClosed
  05/28/2009Wyle Holdings, Inc.CompanyUndisclosedSale to Court Square Capital PartnersClosed
  05/04/2009Sonic Automotive, Inc.Company$1.3 billion Credit Facility and Waiver; $105 million Exchange OfferCredit facility and waiver and exchange offerClosed
  04/27/2009Quality Distribution Inc.Company$218 millionExchange offerClosed
  02/11/2009Aleris International, Inc.Company$500 million New Money DIP Loan; $575 million ABL DIP FacilityDIP facilityClosed
  01/12/2009Ashton Woods HomesCompany$125 million Exchange Offer, $95 million Revolving Credit Facility, $20 million Equity InvestmentSenior subordinated debt exchange offer, revolving credit facility and equity investmentClosed
  12/15/2008GE - AviationCompanyUndisclosedSale of Aircraft Parts Corporation, a wholly-owned subsidiary of Unison Industries LLC, a GE - Aviation business unit, to TransDigm Group IncorporatedClosed
  09/25/2008GE - AviationCompanyUndisclosedDivestiture of certain piston aircraft engine ignition products of Unison Industries LLC, a GE - Aviation business unit, to TransDigm Group IncorporatedClosed
  06/22/2008Allied Waste Industries, Inc.Company$12.7 billionSale to Republic Services, Inc.Closed
  06/22/2008Evergreen International Aviation, Inc.Company$340 millionAmendment of credit facilitiesClosed
  05/15/2008WCI Steel, Inc.Company$389 millionSale to SeverstalClosed
Notes:
1 Based on transaction value as reported by reputable news sources