Polygon Aerospace

Client & Engagement Overview

  • Client is a leading international distributor of highly engineered aircraft fasteners and related parts.
  • The Company stocks over 20,000 line items for next day delivery and maintains an established supply network with over 200,000 stocked items for delivery within three days.
  • The seller’s objective was to find the right partner, remain with the business, and rollover a meaningful portion of his equity.

Challenges

  • Following a strong first half of the year, the aerospace market softened in the second half of the year causing us to the halt the sale process temporarily while the market recovered.
  • After taking a break while the market recovered, we re-approached the top three buyers from the halted process and selected a strategic buyer.

Outcome

  • Our deep knowledge of the sector and strong investor relationships allowed us to quickly narrow a group of potential partners that had in-depth industry expertise and could build strong chemistry and trust with the business owner.
  • Trefethen’s bankers coordinated due diligence and was actively involved in all partnership agreement negotiations.