Romanchuk & Co. Advises Heat Transfer Tubular Products on Sale to Arch Equity Partners
THE WOODLANDS, TX - Romanchuk & Co., a boutique investment bank focused on the M&A advisory needs of companies within the energy and industrials sectors, is pleased to announce that it recently advised Heat Transfer Tubular Products, LLC ("HTTP"), a Conroe, Texas, based value-added distributor of products and services for use in heat exchangers, condensers, boilers, feed-water heaters and economizers, on their recent sale transaction to Arch Equity Partners, a private equity firm based in St. Louis, Missouri.
Romanchuk & Co. served as the exclusive investment banking advisor to HTTP, working closely with the company's shareholders throughout the sale process, including providing investment banking expertise and managing the preparation, marketing, negotiation and due diligence phases of the transaction.
Robert Sokulski, Founder & CEO of HTTP, commented, "Romanchuk & Co. was very involved every step of the way, and being the first time we had sold a company, their expertise was indispensable." He continued, "Their knowledge of the industrials space and the different buyers they were able to bring to the table led us to finding a great partner in Arch for the next phase of HTTP. We were also quite surprised at the amount of the workload throughout the process that they handled right through the closing process, saving us a huge amount of time, money and aggravation."
About Heat Transfer Tubular Products, LLC
Founded in 2008 and based in Conroe, Texas, Heat Transfer Tubular Products, LLC ("HTTP") is a value-added distributor of products and services for use in heat exhangers, condensers, boilers, feed-water heaters and economizers to OEM's and field service companies that provide heat exchanger related service to processing plants such as crude oil refining, chemicals, petrochemical, LNG and power plants. HTTP provides straight tubes, fin tubes, tube ferrules and twisted tape turbulators and can process these products further by cutting, finning bending and heat treating. For more information, please visit www.httproducts.com.
About Arch Equity Partners
Arch Equity Partners, LLC is a private investment company founded in 2008 with a focus on the lower middle-market, in particular, companies with revenue of $10-$30 million, and EBITDA of $1.5-3 million and EBITDA margins of 10% or higher. Arch Equity follows an owner-operator model based on extensive involvement with its portfolio companies seeking to professionalize the systems, operations, and strategy alongside its management and employee teams. For more information on Arch Equity Partners, please visit www.archequitypartners.com or contact Will Lindenmayer at will@archequitypartners.com.
About Romanchuk & Co.
Romanchuk & Co. is a boutique investment banking firm providing mergers and acquisitions (M&A) advisory and financial consulting services to lower middle-market leaders within the energy and industrials sectors. Recently named Boutique Investment Banking Firm of the Year by The M&A Advisor, we advise owners and investors of privately-held businesses on the preparation and sale of their company, assist them in identifying strategic opportunities, and help them execute upon those strategies. We specialize in providing sell-side M&A advisory services to lower middle-market companies with revenues or enterprise values ranging from $15 million to $250 million. For more information, please visit www.romanchukco.com.
Mr. Romanchuk is a Registered Representative of, and Securities Products offered through BA Securities, LLC, Member FINRA (www.finra.org) and SIPC (www.sipc.org). Romanchuk & Company, PLLC and BA Securities, LLC are separate and independent entities. Any testimonial or endorsement may not be representative of the experience of other customers and is no guarantee of future performance or success.
