Falmat


Situation:
Founded in 1965, Falmat is an industry leader in the engineering and manufacturing of high-performance, mission-critical, custom cable solutions.
For over half a century as a family-owned and operated business, Falmat has designed high-performance cables to overcome the toughest challenges in the most severe environments utilizing innovative materials in its custom state-of-the-art manufacturing facilities.
Customers in industries such as Defense, Aerospace, Marine/Subsea, Offshore Oil and Oil Exploration, Industrial Controls, Medical, Transportation, Entertainment, and Robotics.
The family members/shareholders were evaluating various strategic alternatives to take the company through its next phase of growth and strongly believed a strategic partner with deep distribution channels globally would be in the best position to capitalize on the company’s various growth opportunities and preserve the family legacy.
Solution:
We were engaged to identify a partner that recognized Falmat’s value proposition and global potential. Falmat ultimately entered exclusive negotiations with Winchester Interconnect (Aptiv), a multi-billion-dollar European conglomerate. Aptiv saw in Falmat a premier brand with strong presence in specific US sectors and tremendous potential to leverage Aptiv’s global platform.
We negotiated an extraordinary valuation, providing a full liquidity event for all shareholders.