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C.W. Downer & Co. Advises Leggett & Platt on Sale of Gamber-Johnson

BOSTON, August 4, 2016 – C.W. Downer & Co., a leading global middle-market investment bank, is pleased to announce that Leggett & Platt Incorporated has sold Gamber-Johnson LLC to Main Street Capital Corporation. The transaction closed on June 24, 2016 and the terms of the deal were not disclosed.

Based in Stevens Point, Wisconsin, Gamber-Johnson is a leading manufacturer of vehicle mounting systems for mobile computing workstations used by law enforcement, emergency, telecommunications, material handling and utility personnel. The company’s products are designed to safely secure, connect and protect rugged and non-rugged mobile computers, tablets and other equipment in order to perform effectively in extreme environments.

Gamber-Johnson’s management partnered with Main Street Capital Corporation and a co-investor to acquire the company from Leggett & Platt. Gamber-Johnson’s current management team will continue to run the company on behalf of the new shareholder group.

“We are delighted to have finalized the sale of Gamber-Johnson to Main Street Capital Corporation and we wish the new shareholders and the management team continued success in the future,” said Paul Colone, Managing Director & Partner with C.W. Downer & Co. “We are also very proud to have completed yet another divestiture for Leggett & Platt,” Colone continued. “Leggett has been a loyal client for years and we enjoy and appreciate our collaborative partnership with their team.”

The C.W. Downer & Co. team assisting Leggett & Platt with the sale included Paul Colone (Managing Director), Breck Bailey (Vice President) and Nick Virga (Analyst). This is Leggett & Platt’s third divestiture managed by C.W. Downer & Co. since October 2014.

About C.W. Downer & Co.

C.W. Downer & Co. is a global investment bank offering middle-market clients a high level of personal attention coupled with more 40 years of international execution experience. On April 27, 2016, C.W. Downer & Co. completed its merger with N+1, a global investment bank and asset management firm headquartered in Madrid, Spain. In addition to M&A advisory, N+1 offers debt advisory, restructuring, and equity & debt capital market services. The combined entity employs a team of 185+ investment banking professionals across 24 offices in 18 countries. 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 Additional Information:

Paul Colone
Managing Director & Partner
This email address is being protected from spambots. You need JavaScript enabled to view it. +1 617 482 6200

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