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Dearborn Mid-West Company Agrees to be Acquired by Hubei Huachangda of China

BOSTON, December 11, 2014 – C.W. Downer & Co., a leading global middle-market investment bank, is pleased to announce that Falcon Investment Advisors, LLC, through its portfolio company Dearborn Mid-West Conveyor Co., has signed an agreement to sell Dearborn Mid-West Company, LLC (“DMW”) to the Chinese publicly traded company Hubei Huachangda Intelligent Equipment Co., Ltd. (“HCD”). The deal was signed on November 6, 2014 and is scheduled to close in January 2015 subject to regulatory filings and final shareholder approval. The transaction value has not been disclosed.

Founded in 1947 with operations in Michigan, Kansas and New Jersey, Dearborn Mid-West Conveyor, Co. is primarily engaged in the design, fabrication, installation and servicing of turn-key material handling solutions involving complex, highly engineered conveyor systems for the North American automotive industry.

Based in Shiyan, China, HCD is engaged in the research, development, design, manufacture, and distribution of intelligent automation equipment systems primarily in China. With the acquisition of DMW, HCD will gain a leading provider of material handling solutions to the North American automotive industry with longstanding customer relationships and strong engineering and project management capabilities.

The C.W. Downer & Co. team advising DMW with the sale included Wade Aust (Managing Director & Partner), Mike Howell (Managing Director & Partner), Chris Donegan (Director), Jon Tetirick (Associate), Chris DiPietro (Associate) and Mike Fernandes (Analyst).

About C.W. Downer & Co.

C.W. Downer & Co. is an independent, global investment bank offering middle-market clients a high level of personal attention coupled with 40 years of international execution experience. We provide insight, not just information. We generate value, not just transactions. With nine fully integrated offices on four continents, we consistently identify the most appropriate strategic buyer and uncover “hidden” acquisition targets. C.W. Downer & Co. delivers the reach of a bulge-bracket investment bank with the senior level focus of a boutique. For more information, visit http://www.cwdowner.com.

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