Chandler May - Recapitalization

THE TRANSACTION:

Founders Investment Banking, LLC acted as the exclusive advisor to the shareholders of Chandler/May, Inc. for the recapitalization of the Company by Arlington Capital Partners of Washington, D.C.

THE COMPANY:

Chandler/May, Incorporated (CMI), headquartered in Huntsville, Alabama, is a systems integrator that specializes in the design, development and integration of high value-add electronic components and subsystems. As a single source solutions provider, CMI builds mission critical applications for a variety of uses in the defense, aerospace, telecommunication and industrial markets. With specialized domain knowledge in the unmanned aerial vehicle market, the Company has become a key supplier and outsourcing partner for its industry-leading, blue-chip customers.

THE SOLUTION:

Founders was engaged to fully explore the capital market options available to the Company and its shareholders. Founders crafted a solution to pursue a recapitalization with a well-funded equity investor able to add value to the business with its strong industry knowledge and ability to help diversify the concentrated customer base. This transaction accomplishes the owners’ key goals:

• realize personal liquidity to diversify wealth at a strong valuation;
• maintain sizeable equity position for realization of growth/upside;
• retain operational control of company to fully achieve vision;
• attract a high-value add financial partner to provide capital for growth initiatives and acquisition and on-going strategic support.