FirePower provided Gap Debt financing to CleanDesign Income Corp.

Advisory — Sell-Side
Industrials
Alan Chettiar
Somant Maraj
Virtus Industries Inc., a subsidiary of STP Holdco Inc., acquired Arzon Limited, the world’s leading manufacturer of brass and aluminum thin-wall, high frequency, welded tubes. FirePower's Advisory division acted as the exclusive advisor to Arzon.
My initial discussion with FirePower goes back years, I met with their team when my partner and I were at the early stages of considering an ownership transition. We spent a lot of time getting to know the team and understanding their thoughts on what the sale process would look like. Now that we’re all sitting on the other end of the process, I can say with certainty that the FirePower team overdelivered on everything they said they would do; they ran a thorough process to identify and work with potential partners, and they dug in through several challenges, not the least of which was the pandemic. They were the right advisor for our process and I recommend anyone in the lower mid-market give them a call.