BDO Capital Advisors Announces the Sale of Accumetric to Soudal

Boston, MA - June 10, 2014 - BDO Capital Advisors, LLC is pleased to announce that Accumetric, LLC (“Accumetric”) has been acquired by Soudal Holding NV (“Soudal”). Kentucky Governor Steve Beshear attended the acquisition press conference at Accumetric’s headquarters to “welcome Soudal to (Kentucky’s) growing international corporate community”. Other attendees included Elizabethtown Mayor Edna Berger and Soudal’s chairman and CEO Baron Victor Swerts, who stated that “Soudal is excited to be investing in the Commonwealth of Kentucky and looks forward to the accelerated growth of Accumetric here in North America.”

Accumetric, based in Elizabethtown, Kentucky, is a privately-held company founded by James Hartlage. The company has manufactured, packaged and marketed adhesives, sealants, lubricants and related products to domestic and foreign customers worldwide for more than 40 years. Soudal was formed in Belgium in 1966 and is a global leader in sealants, foam and adhesives, operating in more than 100 countries. Soudal plans to expand Accumetric’s 200,000-square-foot Elizabethtown facility, establishing it as Soudal’s North American headquarters.

As the exclusive financial advisor to Accumetric, BDO Capital Advisors prepared marketing materials, identified and contacted a targeted group of potential buyers and assisted management in structuring and negotiating the transaction. The Accumetric acquisition adds to BDO Capital Advisors’ growing cross-border credentials and expertise in the specialty chemicals space, particularly adhesives and sealants. Previously, BDO Capital advised Geocel Holdings Corporation on its sale to The Sherwin-Williams Company (NYSE:SHW) and Schnee-Morehead, Inc. on its sale to Illinois Tool Works, Inc. (NYSE:ITW).

BDO Capital Advisors, LLC is a leading middle market investment bank that focuses on mergers and acquisitions advisory, capital raising, and board advisory with offices located throughout the United States. The firm has deep industry knowledge, extensive cross-border transaction experience, and superior execution capabilities. BDO Capital Advisors, LLC provides sell-side and acquisition advisory, ESOP advisory, private placements, fairness opinions, and capital markets advisory. The firm has broad industry expertise and contacts having closed transactions within the Manufacturing & Distribution, Consumer, Food & Retail, Healthcare & Life Sciences, Business Services, Energy & Natural Resources, and Technology, Media & Telecom sectors. Our seasoned investment bankers have collectively advised on hundreds of transactions for a variety of clients including family-owned businesses, entrepreneur-led companies, public corporations, and leading private equity firms.

The firm has worldwide access to buyers, sellers, and offshore investors via the Corporate Finance practices of BDO International’s network of independent member firms which have been ranked collectively as a Top 5 global M&A midmarket advisor based on total deal volume announced in 2016, according to Thomson Reuters SDC. BDO International Corporate Finance firms operate in approximately 60 countries with over 2,000 professionals who are able to meet the investment banking needs of clients across the globe.