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Grand Avenue Capital assisted the shareholders of ALGER MANUFACTURING CO., INC. (a wholly-owned subsidiary of Athanor Group, Inc.) in selling the assets of the Company to a private, confidential investor. 


Alger produced screw machine products which are component parts for use in machines, appliances, automobiles, and all types of durable and non-durable goods. These parts have a wide variety of uses in consumer, industrial and military products. These products manufactured on automatic screw machines are made from many materials including steel (carbon, alloy, stainless), brasses and bronzes, aluminum, precious metals, and machinable plastics. 

Grand Avenue managed this transaction, providing valuation and other financial advisory services to the board of Alger, managed the world-wide search for investors (including strategic and financial), and negotiated a transaction between the parties. Grand Avenue Capital was also instrumental in obtaining insurance for an environmental matter without which would have derailed the transaction. 



About Grand Avenue Capital  Investment Bankers


Grand Avenue Capital is an investment banking firm focusing on middle-market merger / acquisitions (both buy-side and sell-side engagements), private placements of capital for growth opportunities, valuations and strategic investment advisory services in various industry sectors. Grand Avenue Capital's culture embraces teamwork, tenacity, perseverance  and creativity to provide our domestic and international clients exceptional value, delivering skillful positioning and relentless execution.  Grand Avenue Capital becomes a trusted adviser to its clients. 


Based in Pasadena, California and Chicago, Illinois, Grand Avenue Capital augments its international capabilities through its active participation in One to One Corporate Finance,   an exclusive global alliance of M&A advisory firms.


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