Oliver Investment Banking is Financial Advisor for Sale of S&H Products, Inc. to B12 Capital Partners
ARVADA, Colorado. Oliver Investment Banking announced today it provided the Advisory Services to S&H Products, Inc.(SHP) for its 100% sale to an investment group led by B12 Capital Partners II, LLC. SHP owner, Steve Larson, says the deal was a culmination years of our family run business that allowed him to retire plus keep his two sons fully engaged in the business going forward.
“Our family is very proud of the legacy we have established and nurtured over the past 16 years. We view today’s transaction as an opportunity for the company to continue to grow while joining a larger family.” Steve Larson.
SHP was purchased by the Larson family in 2002 allowing all members of the entire family to be located in Colorado and continue their strong family ties. Today the company is dedicated to the design and production of an incredibly well built line of nozzles and valves for the wildland and structural firefighting markets. The current range of SHP products includes: Aluminum 1 ½”,& , 1” wye valves, T-valves, a multi-nozzle twin tip (manufactured almost exclusively by SHP), shut-off valves, 1” nozzles, a brass “mop up” nozzle and various aluminum contract manufactured OEM products for water dispersion. www.shproductsinc.com.
Seth Larson, Chief Operations Officer, commented, “We are thrilled to be able to have our dad retire as he has given so much to us over the years. We are excited to have B12 as a partner to take our SHP family of employees to the next level of success. Josh Larson, Chief Financial Officer, echoes his brother’s comments and is glad their dad does not have to sign any more personal guarantees!
Mike Wedel, principal of B12 Capital Partners, said “We are extremely excited to be partnering with Josh and Seth Larson and the entire S&H Products team. We saw in Steve Larson and his family the type of individuals who share our core values of providing unequaled quality products and services. We look forward to providing the financial and strategic support necessary to grow the company and increase SHP’s presence in the structural firefighting market.”
About B12 Capital Partners LLC
B12 Capital Partners LLC, based in Kansas City Missouri, provides private capital to partner with owners and managers of manufacturing and distribution companies with $5 to $50 million in revenue. The managing partners of Mike Wedel and Greg Gaeddert have unique blend of operational and financial experience having been involved in transactions as business owners selling a company, serving as members of the management team transitioning to new owners, and as private equity fund managers acquiring companies in cooperation with key managers. www.B12CapitalPartners.com.
About Oliver Investment Banking
Oliver Investment Banking (0IB) is based out of Broomfield Colorado and Colorado Springs, Colorado. Jeff Uhls and Bill Oliver have been working together as OIB for 8 years to help build companies to the level of valuation the owner needs and then taking the company to market to complete the sale. Bill Oliver started the company in 2000 and is committed to seeing business owners succeed in running and then selling their company. www.oibanking.com.