After interviewing several firms to sell our company, it didn’t take long for me to know that we made the right choice. Your firm was relentless in making sure every step was handled correctly and that we fully understood what was required of us as sellers. The end result was clearly a ‘Home Run’ for ZefTek shareholders.
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Zef Tek, Inc. has sold to Standard Car Truck Company
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ZefTek, Inc. has been acquired by Wabtec Corporation. The terms of the transaction were not disclosed. The Transaction Group, now part of EdgePoint Capital initiated the transaction, led the negotiations, and served as exclusive financial advisor to ZefTek, Inc. Terms of the transaction were not disclosed.
ZefTek, Inc. is the market leader of railcar parts designed to protect cargo and prevent railcar wear and damage. ZefTek is one of the most trusted resources for the development of specialized custom engineered solutions.
Wabtec Corporation is a leading supplier of value-added, technology-based products and services for rail, transit and other global industries. Through its subsidiaries, the company manufactures a broad range of products for locomotives, freight cars and passenger transit vehicles for original equipment and aftermarket usage.
EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.
The transaction enabled the family to gain liquidity and implement retirement and estate planning.
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