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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.

Dylan Bell joined the Hexagon Capital Alliance team as an Analyst in 2019.

Mr. Bell earned bachelor’s degrees in Accounting and Business Administration from the Argyros School of Business and Economics at Chapman University.

Brandon Clewett is a Managing Director with Hexagon Capital Alliance. He has 17+ years of capital markets experience and has been involved in 100+ merger & acquisition transactions, recapitalizations, and debt and equity capital raises for middle-market clients.

Mr. Clewett’s sector experience includes E-commerce, Consumer Branded Products, Infrastructure and Specialty Manufacturing.  Prior to Hexagon Capital Alliance, he was a Managing Director with Moss Adams Capital, and a Director with KPMG in their corporate finance group.  Before joining KPMG, he was a Vice President at McGladrey LLP in their investment banking division.

Mr. Clewett earned a bachelor’s degree in finance from the Haas School of Business at the University of California, Berkeley and lives in Orange County, CA with his wife and three sons.

Andrew Suen is a Managing Director with Hexagon Capital Alliance. He has 13+ years of experience advising and executing middle-market mergers and acquisitions transactions, including more than 75 sell-side, buy-side and strategic advisory assignments.

Mr. Suen serves as head of the firm’s Diversified Industrials practice. His sector experience includes Converted Packaging Materials; Industrial Technology; Supply Chain Management & Distribution; Automotive Aftermarket; and Business & Professional Services. Prior to Hexagon Capital Alliance, Mr. Suen served in similar capacities advising middle-market companies and business owners with Moss Adams Capital LLC; Mesirow Financial, Inc.; and Brown Gibbons Lang & Co.

Mr. Suen earned a bachelor’s degree in finance and international business from Indiana University Bloomington and lives in Orange County, CA with his wife, daughter, and two sons.

Bradley Erhart is a Vice President with Hexagon Capital Alliance. He has 10+ years of capital markets experience and has been involved in numerous merger & acquisition transactions, recapitalizations, and debt and equity capital raises for middle-market clients.

Mr. Erhart’s sector experience includes Specialty Manufacturing; Supply Chain Management & Distribution; Direct-to-Consumer; and Consumer Products. Prior to this position, he was a Vice President with Moss Adams Capital LLC. He served in similar capacities advising middle-market companies and business owners with Strategic Equity Group, a boutique investment banking and valuation advisory firm. Mr. Erhart began his career as an Analyst at Murray Devine, a valuation advisory firm in Philadelphia.

Mr. Erhart earned bachelor’s degree in Economics from the University of Pittsburgh. He currently resides in Orange County, CA with his wife and dog.