COSTA MESA, Calif. - February 3, 2004 -- Publicly-held UMECO plc, based in Warwickshire, United Kingdom, has completed the acquisition of Tailored Logistics Corp. of Fort Wayne, Ind.
Transaction terms were not publicly disclosed.
RSM EquiCo Capital Markets initiated the transaction, led the negotiations and acted as the exclusive financial advisor to Tailored Logistics Corp.
"Given the global nature of the aerospace and military supply chain outsourcing sector, RSM EquiCo Capital Markets worked closely with Paul Teuten from its United Kingdom office to increase Tailored Logistics Corp.'s exposure to the international buyer community," said Paul Weisbrich, senior managing director of RSM EquiCo Capital Markets.
"As a result, RSM EquiCo Capital Markets attracted strong global interest for Tailored Logistics Corp., and continued the validation of RSM EquiCo Capital Markets' international marketing efforts for North American middle market companies," Weisbrich added.
Tailored Logistics Corp.
Established in 1995, Tailored Logistics Corp. is a leading distributor of military supply kits to the four branches of the U.S. Armed Forces and to original equipment manufacturers. The company's kits, which include fasteners, bolts, nuts, bearings, shafts, brackets and other custom items, are used to address specific repair or overhaul needs. The kits help military personnel avoid making multiple requisitions or assembling dozens or even hundreds of individual items, while greatly simplifying inventory management.
UMECO plc
UMECO is Europe's leading provider of value-added distribution services to the aerospace and defense industries. Products supplied include aerospace components, composite materials and chemicals. Outsourcing services include direct line feed systems and kitting and stock/supplier management systems. UMECO supplies these products and services to such customers as Rolls-Royce, British Airways, Goodrich Aerospace, Bombardier, Lockheed Martin and the United Kingdom's Ministry of Defense. UMECO is listed on the London Stock Exchange.
About RSM EquiCo, Inc.
RSM EquiCo is a leading global investment banking firm serving private middle-market companies throughout North America. With more than 400 professionals and support personnel, the firm specializes in mergers, acquisitions and divestitures for non-public companies with up to $500 million in annual revenues. Based in Costa Mesa, Calif., RSM EquiCo is part of RSM McGladrey Business Services, a business segment of H&R Block Inc. For more information, log on to www.rsmequico.com.