Briarcliff Manor, New York, October 28, 2010 – Saw Mill Capital LLC and Falcon Investment Advisors, LLC today jointly announced the commitment of over $100 million in new and unfunded capital to finance add-on acquisitions for Jason Incorporated. Jason has acquired 13 businesses since 2000 and is actively seeking acquisitions for its four operating divisions as well as new divisional platforms. Jason considers acquisition candidates worldwide.
Jason, headquartered in Milwaukee, Wisconsin, is a global diversified industrial manufacturing company with over 3,200 employees and operations in 11 countries.
“Jason took market share in all its business lines during the downturn and is positioned to continue to grow in the future. Jason’s management team has proven its ability to derive substantial value from acquisitions. In partnership with Falcon, we have committed capital to accelerate this important element of Jason’s future growth,” said Saw Mill Capital Partner, John Shaia.
Jason’s four operating divisions consist of:
About Saw Mill Capital LLC
Saw Mill Capital LLC is a growth oriented private equity firm seeking buyout investments in manufacturing and service companies with enterprise values of $25 to $200 million and at least $5 million of pro forma EBITDA. Saw Mill 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. In partnership with senior leadership teams, Saw Mill seeks to consummate follow-on acquisitions at its portfolio companies. To learn more about Saw Mill Capital, please visit www.sawmillcapital.com or contact any of the firm members.