Blue Magic Inc.

WS_tombstone_BlueMagic for websiteBusiness Description: Blue Magic, Inc., based in Conroe, Texas, is a world-class marketer and manufacturer of specialty aftermarket automotive and consumer products sold under the BlueMagic®, PURE CITRUS®, and CarGo® brand names.

Blue Magic is a wholly owned subsidiary of The RectorSeal Corporation, a portfolio company of Capital Southwest Corporation.

Challenge: After receiving multiple unsolicited offers to acquire the business, RectorSeal desired to run a limited sale process in order to “test the market” for a suitable acquirer.

Solution: Wilcox Swartzwelder created the marketing materials and ran a very targeted process to identify interested strategic acquirers and negotiate favorable terms.

Transaction Demonstrates: Ability for Wilcox Swartzwelder to successfully execute a complex divestiture. Blue Magic is another example of Wilcox Swartzwelders’ experience in working with industrial companies and private equity backed businesses.

Wilcox Swartzwelder & Co. is a energy investment bank in Fort Worth / Dallas, Texas.

See press release.

 

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