All Points Industries Inc. Completes Sale with the Hillman Group;
Deal Negotiated by W. G. Nielsen & Co.
DENVER, January 2, 2008 -- W. G. Nielsen & Co., a leading Denver-based investment banking firm, today announced that it has negotiated the sale of All Points Industries Inc. headquartered in Pompano Beach, Florida. Terms of the multi-million dollar deal were not disclosed. This transaction marks the latest construction-related deal that W. G. Nielsen & Co. has completed successfully, a space in which the firm has been active for several years.
All Points was purchased by Greg and Gaby Mann a decade ago with approximately $1 million in revenues. Since making that purchase, the husband and wife team have grown the business to $30+ million in annual revenue and the dominant provider of hurricane protection hardware along the gulf coast of the US. “With that market share, it became obvious that a strategic purchaser looking to gain instant traction in the southeast would be interested in acquiring All Points,” said Blake Nielsen, Analyst, W.G. Nielsen & Co.
W. G. Nielsen & Co. specializes in developing mutually beneficial partnerships between buyers and sellers. The firm helped All Points find a partner that will take the Company to the next level and allow the owners to diversify out of their primary asset and obtain a liquidity event.
“W.G. Nielsen & Co. has been active in the fastener space and we were confident that they would attract the right purchaser. We wanted a partner that could leverage its distribution strengths with our position in the Southeast and Hillman was the natural choice,” said Greg Mann, President, All Points Industries.
“We are proud to be associated with All Points,” said Wayne G. Nielsen, President of W.G. Nielsen & Co. “Greg and Gaby Mann exemplify the entrepreneurial spirit and have grown All Points through hard work and determination. At the same time, they have a created a warm atmosphere with incredibly loyal employees. It is a pleasure to work with a company that has such an inviting culture and can remain focused on the task at hand.”
About All Points
All Points Industries, Inc. was established in August 1996 by Gabrielle and Gregory Mann. Since its inception, All Points has developed into a major supplier to the hurricane protection hardware market in the US and the Caribbean. All Points has also developed a retail division that supplies hurricane hardware to the DIY trade.
About the Hillman Group
Hillman sells to hardware stores, home centers, pet suppliers, mass merchants, and other retail outlets principally in the U.S., Canada, Mexico, and South America. Their product line includes thousands of small parts such as fasteners and related hardware items, keys, key duplication systems, and identification items, such as tags, letters, numbers and signs.
About W.G. Nielsen
W.G. Nielsen & Co. is a Denver-based investment banking firm that specializes in mergers and acquisitions (sell side and buy side advisory services) and structured and leveraged financing transactions. W.G. Nielsen & Co. is the dominant independently owned FINRA investment banking firm in the region offering clients innovative financing solutions. The company enables select mid-sized clients to achieve their goals through strategic alliances, industry experience, and proven methodologies. Since the company’s inception in 1996, W.G. Nielsen professionals have completed transactions valued in excess of $4 billion.
Return to Newsletters