SSG Capital Advisors acted as the investment banker to Vander-Bend Manufacturing in the sale of its stock to an affiliate of Aterian Investment Partners. The transaction closed in May 2018.
Founded in 1979 and headquartered in San Jose, CA, Vander-Bend is a provider of customized, integrated manufacturing services. As a vertically integrated company, Vander-Bend specializes in low and medium volume component and product manufacturing and complementary services primarily for the medical, semiconductor, data center infrastructure and related industries. After remaining a family-owned business for nearly 40 years, its owners decided to explore their strategic alternatives in order to continue the business’ current success and drive growth.
Vander-Bend retained SSG to conduct a comprehensive marketing process and solicit offers for the company from strategic and financial buyers. The process attracted significant interest from several parties that engaged in a thorough review of Vander-Bend and submitted offers for the business. The offer from Aterian ultimately generated the best outcome for the company’s owners and will provide a platform for the company’s future.
Aterian is a private equity firm that invests in middle market businesses with $50 million to $500 million in revenue and provides resources to further enhance operations, growth and investment initiatives.
