Baird's Investment Banking Group is pleased to announce the following transaction:

October 2018
Nova Wildcat Shur-Line Holdings, Inc.
Financing for the Acquisition of World and Main LLC
Baird served as financial advisor to Nova Wildcat Shur-Line Holdings, Inc. on this transaction

Nova Wildcat Shur-Line Holdings, Inc. (“Wildcat” or the “Company”), a portfolio company of Nova Capital Management Limited (“Nova”), recently completed a secured debt financing (the “Financing”) in support of its acquisition of World and Main LLC (“World & Main”). The Financing consisted of a senior secured term loan and revolving credit facility.

Wildcat is a leading provider of do-it-yourself home improvement hardware and paint accessories. The Company’s Bulldog and Shur-Line branded and private label products are sold through regional and national retailers, independent hardware stores and dollar stores. Wildcat serves its national customer base through locations in Wisconsin, Illinois and Arkansas. Wildcat was founded in 1875 and is based in St. Francis, Wisconsin.

Nova is a pioneer in portfolio buy-outs, specializing in acquiring multiple businesses in a single transaction from corporate or financial sellers. Since its foundation in 2002, Nova has executed international transactions with a value of over $1.7bn from offices in Chicago and London. Nova acquired both Shur-Line and Bulldog in 2013 as part of a portfolio of hardware businesses acquired from Newell in a $220m+ transaction. Since then Nova has helped transform the two companies through the recruitment of new management teams, increased investment in sales, marketing and NPD resources and now through the acquisition of World and Main.

World & Main is a leading designer, marketer and value-added distributor of a variety of hardware, home security, plumbing, housewares and home environment products to the repair, remodel and home improvement end markets. World & Main operates internationally with locations in New Jersey, Illinois, Canada and China. World & Main was founded in 1971 and is based in Cranbury, New Jersey.

For additional information about this transaction, please contact:

Anne-Marie Peterson +1-646-557-2334
Chris Cooper +1-704-553-6610
Chris Coetzee +1-312-609-4913
Julien Darmon +44-20-7667-8415
Eric Stetler +1-312-609-7022
Sean Dunn +1-312-609-4962