Sale Transaction   |  

Centerfield Capital Partners Provided Capital in Connection with the Recapitalization of Roehm Marine, Inc.

Roehm Marine, Inc. was provided capital in connection with its recapitalization by Centerfield Capital Partners

True North advised Roehm Marine, Inc. on the recapitalization of the company to Centerfield Capital Partners. The transaction was announced by Centerfield Capital Partners on August 22, 2007. True North was the lead strategic and financial advisor to Roehm in this transaction.

Centerfield is an Indianapolis, Indiana-based private equity firm that provides debt and equity capital to privately held companies in the Midwest. Centerfield provides capital to finance acquisitions, effect changes in ownership and support growth. Centerfield also partners with management teams and acquirers of companies seeking capital to purchase businesses. Roehm Marine, headquartered in Fort Wayne, Indiana, is a manufacturer of medium and high-end pontoon boat furniture.

Roehm Marine’s products include a full line of marine furniture comprised of wood and molded plastic components, which is sold to boat manufacturers and the aftermarket, under the Signature Seating name. Known for its high level of service to customers, the company uses state-of-the-art rotational molding to produce the highest quality products. Rob Roehm retained a substantial ownership stake in the business and continues as its president.

Sale Transaction
Roehm Marine, Inc. was provided capital in connection with its recapitalization by Centerfield Capital Partners
Deal date
August 6, 2007
Transaction type
Sale Transaction
Category
Manufacturing
Industry
Marine