Daily News: January 22, 2013

P&M Corporate Finance Advises Hatch Stamping in Recap Deal


P&M Corporate Finance announced it served as the exclusive financial advisor to Hatch Stamping Company in a recapitalization transaction with Hatch’s management team and Prophet Equity.

Phil Gilbert, managing director of PMCF, said, “This transaction is an excellent outcome for all parties involved. In addition to achieving a personal liquidity event, Hatch has found an operationally-oriented partner that is supportive of the company’s proven strategy. Through its investment, the management team has aligned itself with the success of the organization it manages and is in a position to reap the rewards of its efforts. Finally, Prophet Equity has made an investment in an industry leader with an established brand, a strong reputation, and an excellent management team.”

P&M Corporate Finance is a middle-market investment bank providing merger and acquisition advisory services to companies in North America and Europe.

Chelsea, MI-based Hatch is a manufacturer of complex metal stampings and assemblies to the automotive industry.