In more than one instance the option indicated by Mirus’ analysis was not the one which would have led to the largest fee, but it was always the one which was demonstrated to be in the best long-term interests of the company’s shareholders.
- Allen L. Shulman, President, Interland
- Allen L. Shulman, President, Interland
Press Releases
RCW Mirus Advises PermaGrain Products on Sale of UltraTec®
03/31/2003 - Philadelphia, PA
RCW Mirus has assisted PermaGrain Products, Inc. of Newtown Square, PA with the sale of the Company's UltraTec Flooring Products division and GenuWood line of hardwood flooring products. The divisions were acquired by Prism Enterprises, LLC, of Forest, VA an affiliate of Gammapar, a manufacturer of acrylic-impregnated hardwood flooring.
PermaGrain's patented UltraTec system combines a proprietary moisture-negating TecCore backing with a hardwood veneer to enable hardwood-flooring installation in high moisture environments, accelerating the construction process by eliminating delays in sub-floor curing. UltraTec is available in four wood species and two widths, providing several design options to builders in high-moisture climates.
GenuWood is a vinyl-bonded hardwood flooring product that provides an ideal solution for high-traffic hardwood flooring applications that require regular "wet-mop" maintenance, such as cafeterias and healthcare environments. GenuWood combines a thin hardwood veneer with a tough vinyl surface to provide a real hardwood visual with the durability and easy maintenance of vinyl.
About PermaGrain: PermaGrain Products is a producer of acrylic-impregnated hardwood flooring solutions for clients in the retail, hospitality, health care, education and public sectors.
About RCW Mirus: Based in Boston, MA and with clients throughout North America, Mirus provides investment banking solutions to middle-market corporations including merger advisory, recapitalizations and valuation services to entrepreneurs, private equity groups and corporate clients. Information about the firm is available on Mirus' web site at www.merger.com.
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