“We appreciated the professional way with which our transaction was handled by R.L. Hulett & Company They took a very complex and stressful situation and made it seem very simple.”
Merit Company is a privately owned manufacturing business based in St. Louis, Missouri. Merit is a manufacturer of precision-machined metal and plastic components to industry. Merit uses an extensive range of machines to produce precision parts, principally for further assembly by its customers. The processes include automatic screw machines, CNC turning centers, and secondary machining equipment.
Merit Company engaged R.L. Hulett & Company for assistance in selling the company. The ideal buyer was determined to be E-M Canada, LLC, a diversified metal products corporation serving many industries and with operations throughout the United States and Canada.
R.L. Hulett & Company assisted Merit Company throughout the process including completing a valuation of the company, preparing an offering memorandum, identifying and contacting buyers, negotiating the letter of intent, coordinating due diligence, reviewing the contracts and assisting in the closing.