Sale to Quinpario Acquisition Corporation

Industrial
Sale to Quinpario Acquisition Corporation

Summary

Baird served as the exclusive financial advisor to Jason Incorporated on this transaction.

About

Jason Incorporated (“Jason” or the “Company”), a portfolio company of Saw Mill Capital, LLC, Falcon Investment Advisors, LLC and Hamilton Lane Co-Investment Fund II, LP, recently announced its sale to Quinpario Acquisition Corp. (“Quinpario”) for approximately $540 million.

Jason manufactures seating, finishing, components and automotive acoustic products for industrial, agriculture, construction, power sport and automotive end markets. Its products include industrial brushes, buffing wheels and compounds; OEM seating solutions; non-woven, fiber-based acoustical products; and stamped, formed, perforated and expanded metal components. Jason is headquartered in Milwaukee, Wisconsin.

Quinpario is a special purpose acquisition company that completed its initial public offering in August 2013. Quinpario was formed for the purpose of acquiring one or more businesses through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. Quinpario is headquartered in St. Louis, Missouri.

Founded in 1997, Saw Mill Capital, LLC is an operations-oriented private equity investment firm focused on acquiring North American-based middle market companies in the manufacturing, industrial & commercial services and distribution sectors. Saw Mill Capital, LLC brings capital and unique resources to help companies reach their full potential by working collaboratively with senior leadership to create effective business strategies, implement best practices and provide global market expertise. Saw Mill Capital, LLC is headquartered in Briarcliff Manor, New York.

Falcon Investment Advisors, LLC provides innovative capital solutions to middle market companies throughout North America. Since its founding in 2000, Falcon Investment Advisors, LLC has invested in over 50 companies in a broad range of industries to support acquisitions, recapitalizations, buyouts and organic growth. Falcon Investment Advisors, LLC was founded in 2000 and headquartered in Boston, Massachusetts.

For additional information about this transaction, please contact:

Trish Renner (303) 270-6347
Tom Lacy (414) 298-7648
Les Cheek (617) 426-5789
Chris McMahon (312) 609-4983
Joachim Beickler +49 (69) 1301 4951
Satoshi Matsumoto (312) 609-5446
Industrial
Sale to Quinpario Acquisition Corporation
Date
July 2014
Company
Jason Incorporated
Transaction
M&A
Sectors
Industrial
Target Location
North America
Acquiror Location
North America

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