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C.W. Downer & Co. Advises SKF Group on Sale of Canfield Technologies, Inc.

BOSTON, September 29, 2015 – C.W. Downer & Co., a leading global middle-market investment bank, is pleased to announce that Kaydon Corporation, an American subsidiary of SKF Group (Sweden), has sold Canfield Technologies, Inc. to GenCap America, a Tennessee-based Private Equity firm. The deal closed on August 14, 2015.

Based in Sayreville, New Jersey, Canfield Technologies is a leading manufacturer and supplier of premium metal joining products for residential, commercial and industrial applications. With over 160 years of operating experience, the company is considered a “one-stop shop” for customers in the plumbing, electronic, stained glass, metal plating, transportation and jewelry industries. Canfield markets its high quality solders, fluxes, pastes, brazing alloys and preforms under a variety of well established brand names.

Wade Aust, Managing Director with C.W. Downer & Co., stated, “We have enjoyed a strong relationship with SKF for several years and are very happy that we could assist them with this transaction.” Chris Donegan, Director with C.W. Downer & Co., added, “We believe the divestiture achieved a successful outcome both for our client and for the Canfield business which has found a good home with GenCap. We look forward to continuing our relationship with SKF and the opportunity to support their future corporate development activities.”

The C.W. Downer & Co. team advising SKF Group with the sale included Wade Aust (Managing Director & Partner), Chris Donegan (Director), Jon Tetirick (Associate), and Nick Virga (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
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C.W. Downer & Co.
+1 617 482 6200

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