SC&H Capital served as the exclusive financial advisor to Ridge Engineering, Inc. (“Ridge”) and The Bechdon Company, Inc. (“Bechdon”) on their sale to the HEICO Corporation. Ridge is a leader in tight-tolerance machining and brazing of large-sized parts in mission-critical defense and aerospace applications. Bechdon is a machining and fabrication company and is a key … Read more
Project Timber was an entity formed to bid at a receivership auction for a lumber manufacturer previously owned by the principal of our client. A stalking horse purchase agreement had been accepted for the lumber manufacturer by the Receiver, subject to higher and better offers. An auction was scheduled three weeks after Project Timber engaged … Read more
For manufacturers, change is expected and inevitable. As a result, procurement professionals are tasked with generating greater results and more efficiently managing costs. Based on our work with the top 7 out of the 25 manufacturers in the United States, we have observed the following five trends listed below that are impacting our clients’ ability … Read more
Many large-scale manufacturing and refining operations deal with shutdowns, turnarounds, and outages. On the one hand, routine maintenance and improvements often require occasional closures of major industrial operations to accommodate upgrades, maintenance, and inspections. However, savvy companies can recognize that these events are opportunities, as well. Short-term closures can provide competitive advantages, especially in high-cost, … Read more
Burris Logistics (“Burris”) is a family-owned business specializing in various, highly customized supply chain facets, including cold-temperature storage, freight management, distribution, and e-commerce. With over 2,000 employees across 16 facilities, Burris found that implementing a cohesive system that allows for streamlined financial functions and instant data accessibility was necessary to achieve operational success. This case … Read more
Maryland Thermoform, Inc. – This 37-year-old plastic thermoformer began experiencing losses due to undercapitalization, lack of inventory control, and lack of an outward-facing sales team driving sales. SC&H Capital was retained to market the company and facilitate a going concern sale. SC&H conducted an exhaustive marketing process identifying over 100 groups interested in the opportunity. … Read more
Dolven Enterprises, Inc. is a leading manufacturer of bedding and furniture components to many of the world’s most recognizable home goods brands is headquartered in North Carolina and has manufacturing operations in Asia and Central American. It had been embroiled in litigation for three years when SC&H Capital was retained. With no end in sight … Read more
An ERP system is a major endeavor that requires an organization to undergo a multi-step process. Effective research to understand the process, financial investment, necessary resources (both personnel and time), and ongoing maintenance are important steps to ensure a successful outcome before you even proceed with selection and implementation. Video Transcription With Chris … Read more
The goal of an ERP system is to optimize how a business operates and improve process efficiencies. When implemented properly, and regularly optimized, an ERP system becomes a strategic asset for any organization and enables short and long-term operational goals to be met with greater ease. Video Transcription With Chris Rossi, Principal of SC&H’s Technology … Read more
The way we operate as a business, and the technology we use, is constantly evolving to meet the changing needs of a modern organization. Due to cloud ERP solutions, organizations are able to create technology-centric business models that allow for easy integration with applications, operation automation, and flexible platform capabilities. Video Transcription With Jeff … Read more
Is your legacy ERP system inflexible and difficult to integrate with other key business applications? When your current system begins to negatively impact your ability to do business in an efficient manner, it’s time to consider a modern, cloud-based ERP system. Video Transcription With Jeff Bathurst, Director of SC&H’s Technology Advisory team Businesses are evolving … Read more
