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C.W. Downer & Co. Advises Dearborn Mid-West Company on Sale to Hubei Huachangda of China

BOSTON, April 16, 2015 – 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 sold its automotive and industrial subsidiary, Dearborn Mid-West Company, LLC (“DMW”) to the Chinese publicly traded company Hubei Huachangda Intelligent Equipment Co., Ltd. (“HCD”). The deal, which was signed and announced at the end of 2014, closed on February 13, 2015.

Dearborn Mid-West Company, LLC provides comprehensive, end-to-end solutions (including design, engineering, fabrication, installation and maintenance) for complex, highly engineered material handling conveyor systems used in the North American automotive industry. HCD, a Shiyan, China manufacturer of automated production lines and one of China’s top 10 companies in the Conveyor industry, will benefit from DMW’s longstanding North American customer relationships and strong engineering and project management capabilities.

“C.W. Downer is a global firm with a strong presence in both the automotive and material handling sectors,” said Michael Howell, Managing Director & Partner with C.W. Downer & Co. “Combining this expertise with our industry contacts and unique approach to global M&A enabled us to source the Chinese buyer who ultimately won the auction on not only price and speed, but certainty of close,” said Wade Aust, Managing Director & Partner with C.W. Downer & Co.

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.

For Further Information:

Wade Aust, Managing Director & Partner (Industrials / Automotive)
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Michael Howell, Managing Director & Partner (Material Handling)
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C.W. Downer & Co.
+1 617 482 6200

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