"I appreciated Promontory Point Capital's approach and support in finding, working with, and closing the financing with Amerisource."



Steve Mielke

Vice President of Finance

Amtraco American Trading Companies

Promontory Point Capital is excited to announce another one of our firm's recent client successes.

 

Amtraco American Trading Companies (“Amtraco”) comprises several operating businesses, including Engineered Products & Services, Inc. (EPSI) and Specialty Tapes Manufacturing (STM) that cater to the masking and racking needs of industrial finishing and plating companies. EPSI is recognized as a leading manufacturer and distributor of masking products, custom rubber items, and hanging systems designed to protect items during the coating or finishing process. STM specializes in creating innovative pressure-sensitive adhesive tapes for a variety of applications, such as assembly, bonding, mounting, sealing, and protection. With operations in the United States, Canada, China, Germany, and Mexico, Amtraco serves a global customer base across various sectors, including automotive, aerospace, appliances, fabricated metals, medical, industrial, and electronics.


In recent years, both EPSI and STM have opened new domestic and international locations and completed multiple business acquisitions to meet the growing demands of their global clientele. As the company planned its next phase of growth, Amtraco engaged Promontory Point Capital (PPC) as its investment banker to arrange financing that would better support the business. PPC's engagement focused on marketing the opportunity and soliciting funding proposals from non-bank sources of working capital, equipment, and real estate financing. After securing multiple competing term sheets, PPC recommended pursuing a unitranche senior debt financing structure proposed by Amerisource Business Capital. This new financing for Amtraco and its operating businesses closed during December 2024, representing another successful Done Deal for our firm.

Promontory Point Capital is a Milwaukee-based investment banking firm focused on the needs of Midwestern privately-held businesses. Since being formed in 2004, our firm has led over 190 client engagements including the evaluation of business sale and recapitalization options, the arrangement of debt and equity financing, and the planning and execution of growth strategies involving acquisitions, mergers, and joint ventures. Many inquiries to Promontory Point Capital include business objectives encompassing:


Ownership Planning, including Transition & Liquidity Goals: PPC is frequently introduced to business owners and/or senior management teams when shareholders are interested in learning about their options involving a potential sale of all or a portion of a business. We have arranged numerous transactions involving strategic partners, private equity firms, ESOPs, management buyouts, and other types of shareholder “recaps” including both minority and majority recapitalizations. 

 

Financing, Refinancing, & Debt Restructuring: PPC is oftentimes referred into situations where a business encounters a funding need that is beyond the comfort zone of a company's existing senior bank lender. PPC has arranged numerous transactions for companies involving senior bank debt, non-bank debt, subordinated debt, sale-leaseback financing, and other forms of institutional funding to support growth, acquisitions, shareholder redemptions, management buyouts, and other corporate initiatives.

 

Strategic Growth/M&A: Companies that have an interest in growing and expanding via acquisition or strategic joint venture are regularly referred to PPC given our firm's extensive corporate development experience.

 

We welcome your confidential inquiry and encourage you to visit our firm's website at www.promontorypointcapital.com for more information on our organization's capabilities and numerous other client successes.

 

PROMONTORY POINT CAPITAL

MILWAUKEE – (414) 225-0484

 

Investment Bankers That Get Results

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