M&A Deal Summary

Versatile Processing Group Acquires 4-Way Electric

On June 30, 2014, Versatile Processing Group acquired electrical equipment company 4-Way Electric

Acquisition Highlights
  • This is Versatile Processing Group’s 2nd transaction in the Electrical Equipment sector.
  • This is Versatile Processing Group’s 4th transaction in the United States.
  • This is Versatile Processing Group’s 3rd transaction in Mississippi.

M&A Deal Summary
Date 2014-06-30
Target 4-Way Electric
Sector Electrical Equipment
Buyer(s) Versatile Processing Group
Deal Type Add-on Acquisition

Target

4-Way Electric

Greenwood, Mississippi, United States
4-Way Electric, Inc. (“4-Way”) provides repair, refurbishment, and decommissioning of electric transformers, regulators, reclosers, and other electric equipment.

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Buyer(S) 1

Buyer

Versatile Processing Group

Indianapolis, Indiana, United States
Category Company
Founded 1995
Sector Metals/Mining
DESCRIPTION

Versatile Processing Group is an industrial processor of nonferrous metals servicing the copper manufacturing, electric utility, and general industries. Versatile Processing Group specializes in recycling nonferrous materials, including copper, brass, aluminum, zinc, tin, silicon and nickel products sourced from a diverse base of suppliers, with particular expertise in difficult-to-process units. Services provided include wire and cable chopping, de-tinning and de-oiling, laboratory analysis, and logistics.

DEAL STATS #
Overall 4 of 6
Sector (Electrical Equipment) 2 of 2
Type (Add-on Acquisition) 4 of 5
State (Mississippi) 3 of 3
Country (United States) 4 of 6
Year (2014) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-30 Garrett & Son

Madison, Mississippi, United States

Garrett & Son, Inc. (“Garrett & Son”) provides repair, refurbishment, and decommissioning of electric transformers, regulators, reclosers, and other electric equipment. The company operates out of Madison, Mississippi and primarily serves the Southeastern and Southwestern United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-07 Lee Metals

Chicago, Illinois, United States

Lee Metals, Inc. is specializes in the recycling and processing of scrap metals and will relocate its operations to Chicago, IL.

Buy -
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