Brynavon is an investment company working as private capital investors to acquire companies and assist in management buyouts.
Online PR News – 06-July-2014 – Villanova, Pennsylvania 19085 – Brynavon is an investment company working as private capital investors to acquire companies and assist in management buyouts. We are proud to announce our most recent corporate acquisition of Autocraft Interiors Co., Inc.
Brynavon is a family owned group of private capital investors successfully achieving friendly acquisitions of small businesses or companies allowing them to grow and expand product offerings. Such purchases may be 100% or nearly 100%, of the assets or ownership equity of the acquired business. We are in investment company focusing on private acquisitions where all parties involved stand to gain from the corporate acquisition.
We are proud to announce our most recent acquisition Auto craft Interiors Co., Inc., as an addition to the Brynavon portfolio. LeBaron-Bonney Company, Inc., acquired certain assets and assumed certain liabilities of Auto craft Interiors Co., Inc., LeBaronBonney Company (LBB) has over 50 years' experience producing award-winning auto interiors for antique and custom restorations. Auto craft manufactures and distributes automobile custom interiors, seat covers, panels, carpets, and seat frames and head liners for the restoration and customization purposes. LeBaron moved the acquired operations into its facility in Amesbury, MA. This was a complementary acquisition for LeBaronBonney which expanded their product line as well as offering additional manufacturing and sourcing capabilities for their customers.
This expands the number of companies we currently own to six. In addition to this most recent acquisition other private capital investments include:
GE Industrial of PR LLC- a Brynavon portfolio company, Flight Systems Industrial Products Company (“FSIP”), acquired certain assets and certain equity interests from a division of General Electric.FSIP provides new and remanufactured electronic products found on electric and gas powered vehicles. In addition to parts FSIP offers manufacturing services for OEM legacy type products. The services they offer expand to industrial trucks, golf carts, scrubber-sweepers, mining cars/locomotives, electric boats, go-karts and ground support equipment.
Pacific Sheet Metal, Inc. - A newly formed affiliate of Brynavon, PSM Acquisition Corporation, acquired 60% of Pacific Sheet Metal, Inc. ("PSM"). Pacific Sheet Metal is based in Carbondale and offers Heating and Cooling, HVAC, Roofing, Waterproofing, Heat Tape, Architectural Metal services and more to the Roaring Fork Valley which includes, Glenwood Springs, Basalt, and Aspen Colorado. Pacific Sheet Metal's management team owns 40% of the new entity.
A.B.C. Auto Cover Co. -LeBaronBonney Company, Inc., a subsidiary of Brynavon, acquired substantially all of the assets of A.B.C. Auto Cover Co. ("A.B.C."). A.B.C. manufactured and distributed interior fabric and component kits associated with the restoration market for antique Ford automobiles bult between the 1928 and 1962.
Ramsey Electronics, Inc. - Ramsey Electronics® has been providing electronic products and kits for over 45 years, Everything from Hobby Kits and Amateur Radio Gear toAM & FM Transmitters. They make working with electronics a fun learning experience. After six years of ownership, Brynavon followed what has been a consistent investment pattern for them in their corporate acquisitions where we sold the assets of Ramsey Electronics to its management team. This transaction also reflects Brynavon’s philosophy that the best owner of a small company is its management team.
The Macton Corporation – Brynavon purchased Mactonin 1989 with an original equity commitment of $500,000 which eventually was sold for a valuation of $5,000,000. The private capital invested yielded a multiple of ten times the original investment and an IRR of slightly less than 20%.The Brynavon Group sold its majority interest in the company to the management teamwith the transaction included a continuing commitment of training and support, and preserved some of our minority interest in Macton.
We believe corporate acquisitions by private capital investors such as ourselves can benefit everyone involved and feel these transactions reflect that. If you are interested in working with us please visit our web site at http://brynavon.com we look forward to hearing from you.
The Brynavon Group is a private investment company, founded in 1973, which currently owns four manufacturing companies. Over the past 30 years Brynavon’s management has acquired, managed, assisted in ownership transition and divested over 40 companies in various industries throughout the United States, Mexico, Australia and the United Kingdom.
PO Box 160
Villanova, Pennsylvania 19085