1stWEST Mergers and Acquisition Served as Advisor in the Acquisition of BuilderMT by MiTek, A Berkshire Hathaway Company
Representing BuilderMT, 1stWEST M&A Helped Manage All Parties Through Every Stage of This Successful Transaction
Evergreen, CO – April 23, 2015: 1stWEST Mergers & Acquisitions LLC, a leading investment banking and M&A advisory service provider, today announced that it served as the advisor to BuilderMT in its acquisition by MiTek, a Berkshire Hathaway company. BuilderMT is now a Berkshire Hathaway company and part of the MiTek family of companies.
MiTek Industries, Inc. is a diversified, global business supplying a wide range of engineered products; proprietary business management and design software; and automated equipment sold into the broad construction and industrial end markets. BuilderMT is a leader in providing industry-specific workflow process management software to the residential home building market, serving both single family and multi-family builders.
1stWest Mergers & Acquisitions advised BuilderMT through every phase of the acquisition process, from preparing the company for sale, establishing a valuation, and soliciting interesting parties, to the due diligence and closing processes.
“BuilderMT and MiTek are both fantastic companies to work with, and they are clearly a good match, as evidenced by the professionalism and integrity of all parties through this successful transaction,” commented Ted Rieple, Managing Partner and Founder, 1stWEST M&A. “We were honored that BuilderMT selected 1stWEST M&A as its advisor, and we couldn’t be happier for all parties with the outcome.”
About 1stWest Mergers & Acquisitions
1stWEST Mergers & Acquisitions is full service international investment banking and advisory firm that is focused on the underserved lower middle-market of companies with sales of $10 to $100 million. The firm has built a unique business solutions platform of assisting owners and shareholders in selling their company, acquiring another business or raising growth capital. With Managing Directors in the US, Europe, Mexico, Panama, Peru, Brazil, Argentina and Chile. 1stWEST M&A is uniquely positioned to serve its clients around the globe.
Contact: For more information about 1stWEST Mergers & Acquisitions LLC, please visit our website at www.1stwestma.com.