TrueNorth Advises on Sale of Essex Industries’ SX Performance Division to Edelbrock LLC.
Stamford, Connecticut, August, 2012 – TrueNorth Capital Partners LLC is pleased to announce that its wholly-owned subsidiary, TNCP, LLC acted as exclusive financial advisor to Essex Industries (St. Louis, MO) in the sale of substantially all of the assets of SX Performance to Edelbrock LLC, a portfolio company of Industrial Opportunity Partners.
SX Performance, in business since 1994 and focused on the high performance automotive and marine market, offers a complete line of innovative and powerful fuel system components to meet and exceed even the most demanding requirements. These components include high performance fuel pumps, regulators, filters and related products.
About TrueNorth Capital Partners LLC:
TrueNorth Capital Partners, LLC www.truenorthcp.com provides corporate advisory services on mergers and acquisitions and restructurings as well as provides valuations and fairness opinions primarily to middle market companies. Capitalizing on the vast international M&A and restructuring backgrounds of the founders, the firm provides sophisticated financial advice to middle market clients. TrueNorth’s professionals have built their careers and reputations serving this market and understanding its intricacies. Their skills have been evidenced in hundreds of assignments and they have completed those assignments while always remaining true to their core principles: unwavering commitment to our clients’ best interests and the highest standard of service. TrueNorth conducts its securities-related business through its wholly owned subsidiary TNCP, LLC, member FINRA/SIPC.
Contacts:
Nick Chapman
nchapman@truenorthcp.com
203.604.2007 – Main
203.817.0279 – Direct
About Essex Industries:
Essex Industries, Inc. was founded in 1947 and is headquartered in St. Louis, Missouri. It is a leading supplier to the Aerospace and Defense, First Response, Safety and Medical markets.
About Edelbrock:
Edelbrock, LLC designs, manufactures, and distributes performance replacement parts for automotive and motorcycle aftermarkets. The company was founded in 1938 and is headquartered in Torrance, California.