C.E. White Acquisition Inc. (“C.E. White”) has been acquired by Austin Capital Corporation & Seneca Capital Partners. The terms of the transaction were not disclosed. EdgePoint Capital initiated the transaction, led the negotiations, and served as exclusive financial advisor to C.E. White.
C.E. White is a leading manufacturer of quality seating products for the school bus, commercial, and transit markets. The Company is headquartered in New Washington, Ohio.
Austin Capital Corporation is a private investment management company headquartered in Cleveland, Ohio, that creates value through investments in lower middle market companies in the Midwest. Seneca Capital Partners is a private investment management company headquartered in Birmingham, Michigan.
EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.