Deal Announcement – Sierra Emergency Products is Acquired by Hydro Tube Enterprises
Sierra Emergency Products, Inc., based in Fort Smith, Arkansas, is a privately-held manufacturer and distributor of emergency products to disaster relief agencies.
The buyer, Hydro Tube Enterprises, headquartered in Oberlin, Ohio with manufacturing facilities in Ohio and North Carolina, is a $20 million company that has provided tube bending, machining and fabrication services for over 40 years.
R.L. Hulett & Company facilitated the sale process by performing a valuation of Sierra Emergency Products, Inc., preparing an offering memorandum, contacting a limited number of financial and strategic buyer candidates, negotiating the letter of intent, helping coordinate due diligence, reviewing the contracts, and closing the deal.
For more information regarding this transaction, please contact: