Scura Partners Advises Polished Metals Limited Inc. in its Sale to Sky Island Capital
Polished Metals Limited Inc. (“PM”) is one of the largest polishers of sheet metals in the United States. PM’s polished stainless steel, aluminum and brass products can be found in elevators and escalators, new truck bumpers, fender guards and exhaust stacks, storefronts, lobby entrances and railings. Headquartered in Hillside, NJ, PM has supplied polished metals for such marquee projects as the Hudson Yards, National Museum of the U.S. Army, and the National Gallery of Art. The company maintains a reputation for quality and service that has resulted in a broad and loyal customer base. Scura Partners served as the exclusive financial advisor to Polished Metals Limited Inc. in this transaction.
Scura Partners (“SP”) worked with PM, a family-owned business, to review its strategic alternatives with the goal of identifying, attracting and securing the optimal partner to carry on the company’s forty year history of providing the highest quality products and exceptional customer service. David Lazarus, President of PM, commented:
“We were fortunate to have Scura Partners act as our financial advisor on our transaction with Sky Island Capital. After a competitive selection process, it was apparent to us that the SP team quickly understood our company and would be the best to help us with all facets of the sale process. SP was readily available at any time to offer their expertise, knowledge and creativity, while allowing us to continue to manage our daily operations. Through their efforts, we have found a partner in Sky Island Capital to continue PM’s success for many years to come.”
About Sky Island Capital
Sky Island Capital is a lower middle market private equity firm based in Dallas, Texas that makes control investments in strategically viable North American manufacturing companies that exhibit transformational upside potential. Sky Island has $135 million of assets under management and focuses on situations where it can draw upon its deep operational experience to support senior management in driving significant value creation through operational and strategic partnership. Sky Island has a history of executing transactions with complex dynamics, including corporate carve-outs, public to privates, family-owned businesses, lender-controlled businesses, management buyouts, and other special situations.
About Scura Partners
Scura Partners (www.scurapartners.com) is a boutique investment banking firm, based in New York City, providing M&A advisory and capital raising services, with a focus on the emerging growth, healthcare, manufacturing, technology, finance and business services sectors. Scura Partners’ partners have an average of more than twenty-five years of experience, providing near every investment banking product and service to their clients. For more information about Scura Partners or the transaction cited above, contact Paul Scura 212-596-3383, Jennifer Scutti 212-596-3381 or Denis Kelly 212-596-3385, or visit scurapartners.com.
