BDO Capital Advisors Announces the Sale of MWS Wire to Elektrisola

Los Angeles, CA - September 2, 2014 - BDO Capital Advisors, LLC is pleased to announce that MWS Precision Wire Industries, Inc. (“MWS” or the “Company”) has been acquired by The Elektrisola Group (“Elektrisola”). As the exclusive financial advisor to MWS, BDO Capital prepared a confidential offering memorandum, identified and contacted a targeted group of potential buyers and assisted management in structuring and negotiating the transaction.

MWS, based in Westlake Village, California, is a leading distributor and manufacturer of copper magnet wire and specialty wire products. Founded in Canoga Park, CA in 1968, the Company’s products serve critical functions in a wide array of end-market applications for a long and loyal list of customers in the United States and abroad.

MWS’ acquirer, Elektrisola, is a producer of fine and ultrafine enamelled copper wire (winding wire). Elektrisola has operations worldwide, including in the U.S., and the corporate parent is based in Germany. This acquisition adds to BDO Capital’s growing list of cross-border credentials.

After an internal introduction from BDO, this transaction was overseen by Managing Director Dan Shea from BDO Capital Advisors’ Los Angeles office, with support from the BDO Capital Boston office.  
 

ABOUT BDO CAPITAL ADVISORS, LLC
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.