Marriott & Co. Serves as Exclusive Financial Advisor to Aegisound, LLC
Richmond, Va. — Marriott & Co., a premier middle market investment banking firm based in Richmond, VA, is pleased to announce that it served as the exclusive financial advisor to Aegisound, LLC (“Aegisound” or the “Company”) in its sale to Gentex Corporation (“Gentex”) a privately owned company headquartered in Carbondale, PA with a worldwide distributor network and seven other facilities in the U.S. and U.K., in a transaction that closed September 30, 2015. Terms of the transaction were not disclosed.
Headquartered in Christiansburg, Virginia, Aegisound is a leading manufacturer of high performance, technologically advanced, integrated solutions for hearing loss prevention, communication, personal protection and safety in extreme noise environments. Aegisound’s products utilize patented technologies developed and owned by the Company that allow users to operate effectively in noise environments ranging from 105 to 150 db(A). Aegisound provides its products to a number of military and industrial customers around the world, including to the ground crews on the U.S. F-35 Joint Strike Fighter (“JSF”) program.
Mike Vaudrey, CEO of Aegisound said, “I am excited about this transaction with Gentex and look forward to continuing to build upon the success of our company for many years to come. This is a terrific outcome for Aegisound and our customers, as we are now perfectly positioned to capitalize on the many exciting growth opportunities that exist in our markets in defense and industrial applications. I would also like to thank the Marriott & Co. team for their hard work in managing an efficient process that yielded such a positive result for our company. The outcome with Gentex was everything we were looking for in a transaction.”
“We are honored that Mike provided us with the opportunity to advise Aegisound on such an important transaction,” said Justin Marriott, Managing Director of Marriott & Co., “We thoroughly enjoyed working with him and the entire team at Aegisound, and wish them all continued success.”
About Aegisound, LLC:
Headquartered in Christiansburg, Virginia, Aegisound (www.aegisound.com) is a leading manufacturer of high performance, technologically advanced, integrated solutions for hearing loss prevention, communication, personal protection and safety in extreme noise environments. Aegisound’s products utilize patented technologies developed and owned by the Company that allow users to operate effectively in noise environments ranging from 105 to 150 db(A). Aegisound provides its products to a number of military and industrial customers around the world, including to the ground crews on the U.S. F-35 Joint Strike Fighter (“JSF”) program.
About Gentex Corporation:
Leveraging a history that spans over 100 years, Gentex is a leading provider of innovative solutions that enhance personal protection and situational awareness for global defense forces, emergency responders and industrial safety personnel operating in high performance environments. The company’s product portfolio includes helmet system platforms and capability upgrades sold under the Gentex, Ops-Core, ALPHA, Aegisound, and Pureflo brands; Dual Mirror aluminized fabrics; and Filtron light management technology. Privately held, Gentex is headquartered in Carbondale, Pennsylvania and supports its global customers through a worldwide distributor network and seven other facilities in the U.S. and the U.K. Learn more at www.gentexcorp.com.
About Marriott & Co.:
Headquartered in Richmond, Virginia, Marriott & Co. (www.marriott-co.com) is a premier, independent boutique investment-banking firm focused on advising closely held private companies across a wide variety of industries. The firm provides merger and acquisition advisory and capital raising services primarily to family-held businesses and entrepreneurial business owners in the middle market. Marriott & Co.’s unique entrepreneurial culture enables the firm to tailor its services to meet the needs of its clients, and the firm’s professionals have an unparalleled understanding of the challenges and opportunities facing these companies and their owners today. By delivering senior banker attention, a high-touch approach to client service and best-in-class process execution to every assignment it undertakes, Marriott & Co. has established a long track record of closing successful transactions for clients all over the U.S.
Contact: Justin Marriott
Phone: (804) 344-0952
justin@marriott-co.com
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