SEATTLE, WA – 08/02/2017 — ACT Capital Advisors (ACT) is pleased to announce the successful sale of Farwest Fabricators (FWF) of Moxee, WA, a leading precision machining and sheet metal fabrication enterprise, to the Solomons Fund, the private equity fund managed by One Accord Capital (OAC). FWF was founded in 1983 by Gary Carter. The company has applied a philosophy of continuous improvement, innovation, and change to the practice of metal fabrication. This commitment to innovation has enabled FWF to become an industry leader in precision sheet metal fabrication.
FWF serves a broad range of industries including Agriculture, Construction Equipment, Telecommunications, Medical, Aerospace, and HVAC. The company employs traditional CNC machining along with leading edge, EMLK, Robotic welder, and fiber laser technologies. FWF serves as an effective “one-stop-shop” for all its customer’s needs.
Jeff Carter, FWF’s Chief Executive Officer (CEO) said, “We are excited to be a part of OAC. The two organizations share a similar vision on how to take the company to the next level.”
Scott Smith, CEO of OAC said, “We are excited to add FWF to the One Accord family. FWF is positioned well for growth. They have a 57,000 ft2 operation, full of the latest technology, with room for expansion. Together, we can grow FWF into the leading precision metal fabricator on the West Coast.”
Robert Hild, Chairman and Managing Director of ACT, along with Dominick Sciola, Associate, represented FWF in the transaction.
About ACT – ACT Capital Advisors, LLC is a leading Mergers & Acquisitions (M&A) firm that represents lower-middle-market companies across a variety of sectors and industries, including industrial manufacturing, information technology, construction, healthcare, aerospace, consumer staple/discretionary, oil and energy, as well as outsourced services. The firm provides strategic M&A and financial advice to closely held, family-owned, as well as private equity sponsored organizations and corporate shareholders that wish to sell all or a portion of their company, or conversely, a division, a product line, or a subsidiary of their entity. Leveraging ACT’s deep industry-wide knowledge and strategic auction process, clients appreciate ACT’s approach, pairing the professional expertise of a national investment banking firm with the senior level attention and entrepreneurial creativity of a smaller enterprise.