Gavitt Wire & Cable Co. is a century-old wire and cable manufacturer specializing in the design and manufacturing of highly engineered, custom wire and cable products. Gavitt serves a variety of long-standing customers with demanding specifications across aviation, military, industrial, sports & entertainment, and medical end markets. The company focuses on custom-built solutions—an important distinction that minimizes competition and fosters long-standing customer relationships.
Weinberg Capital Group engaged Candlewood Partners to serve as its advisor and investment bank to evaluate the potential acquisition of Gavitt Wire & Cable Co. Weinberg is a family office experienced in acquiring lower middle market companies with a broad investment portfolio across various industries. Weinberg sought Candlewood's partnership in executing on the entire acquisition process.
Candlewood worked alongside the Weinberg team throughout the transaction, including assistance with the initial evaluation and due diligence of Gavitt, financial underwriting and modeling, and deal structuring. Our team managed the sourcing and arrangement of the necessary debt capital – both senior and mezzanine – ultimately putting together a structure that will support the business as it grows under WCG leadership.
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Candlewood Partners, LLC
Established 2001
