Mesirow Financial has acted as the exclusive financial advisor to Adams Manufacturing Corp on its sale to Keter Group (Keter), a portfolio company of BC Partners.
Adams is a manufacturer of injection moulded consumer products. The company’s product portfolio includes resin garden furniture and accessories, suction cups and Christmas decorating hardware and accessories for residential and commercial markets.
William E Adams, III, founder of Adams, says: “We are grateful for what our wonderful associates have accomplished at Adams over the last 40 years. Partnering with Keter is a unique opportunity for Adams to accelerate its development. Mesirow Financial advised us for several years leading up to and through the closing of the transaction. The Mesirow team provided exemplary guidance, advice and leadership throughout the entire process.”
Tom Lombardo, CEO of Adams, says: “Mesirow Financial was instrumental in conducting an effective and competitive transaction process that ultimately paired Adams with an ideal partner who will help facilitate the Company’s continued growth.”
