News and Press
Investment Advisors Announce Acquisition Initiative for Jason Inc.
October 28, 2010
Saw Mill Capital and Falcon Investment Advisors Announce Acquisition Initiative for Jason Inc. Briarcliff Manor, New York, October 28, 2010.
Saw Mill Capital LLC and Falcon Investment Advisors, LLC today jointly announced the commitment of over $100 million in new and unfunded capital to finance add-on acquisitions for Jason Incorporated. Jason has acquired 13 businesses since 2000 and is actively seeking acquisitions for its four operating divisions as well as new divisional platforms. Jason considers acquisition candidates worldwide.
“Jason took market share in all its business lines during the downturn and is positioned to continue to grow in the future. Jason’s management team has proven its ability to derive substantial value from acquisitions. In partnership with Falcon, we have committed capital to accelerate this important element of Jason’s future growth,” said Saw Mill Capital Partner, John Shaia.
Jason, headquartered in Milwaukee, Wisconsin, is a global diversified industrial manufacturing company with over 3,200 employees and operations in 11 countries. Jason’s four operating divisions consist of:
- Seating - One of the world’s leading providers of commercial and industrial seats for the motorcycle, off road vehicle, and marine markets
- Automotive Acoustics - Leading provider of engineered, non-woven automotive acoustical insulation
- Finishing - World’s largest producer of industrial brushes, buffs and compounds with a suite of over 120,000 SKUs
- Components - Diversified manufacturer of stamped, formed, expanded, and perforated metal components and subassemblies
For more information on Jason and its acquisition criteria, please contact: John Shaia, Partner Saw Mill Capital LLC (914) 741-9094 jshaia@sawmillcapital.com