SC&H Capital, an investment banking and advisory firm to middle market businesses, served as the financial advisor to The Bechdon Company (Bechdon) in their acquisition by an affiliate of Ridge Engineering (Ridge). Financial terms were not disclosed.
Ridge and Bechdon post-acquisition will operate independently, but as affiliates. As such, each company will be able to leverage the strengths of both product lines to generate new opportunities and build increased customer value – including each affiliate’s ability to offer significant savings to new and existing customers. Paul Dittner, President of Bechdon commented, “This acquisition is a significant turning point for Bechdon, allowing us to transition into a new era of service, growth, and profitability for the company, our employees and our customers. We are pleased to be affiliated with Ridge Engineering and look forward to an exciting future together.”
The Bechdon Company, Inc., located in the Baltimore/Washington area has been serving the Aerospace, Defense, Commercial, and Industrial manufacturing community since 1966. The company offers a broad range of precision machining services including 5-axis capability on machines with travels to 196 inches and 18,000 RPM, as well as Wire and Ram (Sinker) EDM utilizing the latest improvements in CNC technology.
Ridge Engineering was established in 1967 and currently provides precision machining and sheet metal fabrication services to the defense industry. The company has a 67,500 facility in Hampstead, MD. The acquisition furthers Ridge Engineering’s prototyping and production capabilities while adding to the company’s defense customers.
About SC&H Group
SC&H Capital, an affiliate of SC&H Group, LLC, is an investment banking advisory firm to middle market businesses. SC&H Capital supports their investment banking activity with a full suite of strategic and financial resources to assist companies in the development and execution of strategic plans and initiatives. In conjunction with SC&H Group, LLC, SC&H Capital tailors their advisory services to ensure that their clients receive pertinent and valuable advice in every stage of the business life cycle – not just at the time of sale.
Securities offered through Stout Causey Capital Corporation, member FINRA.