Sold FMC’s Palletizer division, a manufacturer of specialty material handling and packaging equipment to a strategic buyer, Simplematic Engineering

Sold a $30M division of NiSource, a public company, to a private company in a negotiated transaction over $10M

Sold several divisions of Sudbury, Inc totaling over $10M in transactions as part of a reorganization

Client Examples: Corporations

Extensive experience executing divisional divestitures for large public clients

• Evarts has executed over 40 divestitures for Fortune 500 clients. These sales have been accomplished with a 100% closing rate and met sellers' value expectations despite the difficult nature of the deals.
• Typically these divisions have had $10-$50M in sales and over half were underperforming or turnarounds to some degree.  All our corporate divestiture assignments require close integration with the responsible team from the parent and substantial analystical and financial, and often operational, due didligence as part of the project.
• Evarts is typically engaged first to conduct a strtategic assessment and market analysis to develop the proper sale configuration and then to package and market the business. These projects utilize Evarts unique blend of operational insight and sell side investment banking skills.