Rochelle Park, NJ – DAK, a leading investment bank specializing in middle-market mergers and acquisitions worldwide, announces that its client National Electronic Alloys (NEA), a leading specialty metal distributor has been acquired. Fox Three Partners, a private investment and consulting firm, sponsored the acquisition. DAK served as the exclusive investment banker and financial advisor to NEA initiating and managing the entire process.
The owner and management of National Electronic Alloys have monetized on an exceptional company founded and run by the family for three generations. By joining forces with Fox Three Partners this acquisition propels NEA to enter into the next growth phase for their internationally recognized brand” stated Len LaPorta, Managing Director, who along with Josh Andermarch, Associate, engineered this transaction.
This transaction capitalizes on NEA’s leadership position as a Specialty Metal distributor providing a wide array of Defense Acquisition Regulation System (DFARS) Compliant metals and alloys across the United States and abroad. Top management has taken an equity position in the new company and all operations will stay the same.
For 30+ years this three generational family business, has had deep roots servicing the Aerospace, Telecom, Semiconductor and Military Defense Industries providing top quality metals with superior services.
Fox Three Partners was excited to invest in this exceptional company and plans to leverage its solid foundation in executing a solid growth strategy.
DAK is a leading investment bank serving mid-market privately held businesses in the areas of mergers and acquisitions, business sale, financial restructuring, bankruptcy, capital advisory, valuations, and fairness opinions. Since 1984, DAK has executed hundreds of transactions across a wide range of industries. The goal is always the same, to maximize value for our clients. Headquartered in Rochelle Park, NJ, with clients throughout the country.
About National Electronic Alloys (NEA)
National Electronic Alloys (NEA) is a leading Specialty Metal distributor serving a variety of industries from Aerospace, Telecom, Semiconductor to Military & Defense. A full-service, ISO certified operation, houses state-of-the-art precision machinery to customize orders to exact requirements and hold the tightest dimension tolerances. An abundant machining capacity enables fast turnaround on orders, often within 24 hours, and the relatively small order size requirements are all key to building steadfast customers.
About Fox Three Partners
Fox Three Partners is an operationally focused private investment and consulting firm that takes a long-term approach to acquiring, growing and taking an active investor role in established lower middle market businesses.
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