TRANSACTIONS
ADVISER TO CPIC
Chongqing Polycomp International Corporation (CPIC), the third-largest fiberglass producer in China sought an equity capital recapitalization to fuel its spectacular growth. CPIC is a large enterprise integrating R&D, production and sales of fiberglass products. CPIC mainly produces high-quality alkali-free fiberglass and glass fabrics. CPIC markets its products worldwide.
Grand Avenue Capital was engaged by CPIC and managed a confidential, world-wide search for an investor and ultimately four major international private equity groups made offers for the company. The Carlyle Group, the successful bidder, led a $US 140 million private placement into CPIC. Grand Avenue initiated this transaction, providing valuation and other financial advisory services to the board and shareholders of CPIC, and negotiated the ultimate transaction between the parties.
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.