September 7 , 2010 – Seitz Corporation (“Seitz or the “Company”) announced that it has completed a debt refinancing with Core Business Credit of Dallas, TX . The proceeds from the transaction were used to refinance existing indebtedness and for general corporate purposes. BellMark Partners, LLC acted as financial advisor to the Company’s in connection with the transaction.
Seitz is a leading global manufacturer of highly engineered, precision injection molding products used by a diverse group of companies in the medical, pharmaceutical, food and beverage, industrial, business equipment, electronics, consumer products, and household goods industries. The Company provides injection molding services, contract manufacturing services, and designs, produces and assembles proprietary custom thermoplastic devices, components and tools for innovative solutions in addressing product design issues for its customers. The Company also produces a proprietary line of clutch bearings developed for use in plastic gears, pulleys, and timing belts.
BellMark Partners, LLC is a boutique investment banking firm focused on providing advisory services to middle market and lower middle market companies in the consumer products, industrial, healthcare, and business services industries. BellMark Partners, LLC provides advice to family businesses, entrepreneurial or closely – held companies, private equity – owned companies, and small – cap public companies. Services include: mergers and acquisitions, strategic alternatives reviews, restructurings, and valuation & fairness opinions. BellMark Partners’ founders have advised on more than 100 M&A and capital raising transactions, and previously worked as senior bankers for firms such KeyBanc Capital Markets, Inc., BankBoston Robertson Stephens, Fleet Securities, Inc. and Covington Associates LLC.