Charlotte, NC - Business Acquisition and Merger Associates ("BAMA") advises Impulse Manufacturing,("Impulse") on its sale to BTD Manufacturing, Inc. ("BTD"), a wholly owned subsidiary of Otter Tail Corp. (NASDAQ: OTTR).
"BTD's reputation and its management team provided me with the confidence that this was the right decision," noted Ron Baysden, the founder and President of Impulse.
BTD's President Paul Gintner added, "Impulse brings a tradition of great service to its customers and allows us to accelerate our plans to expand into the Southeast to serve our growing customer base. Bringing our two organizations together will put us in a strong position to serve our customers."
BAMA acted as advisor to Impulse Manufacturing.
Business Acquisition & Merger Associates, a Charlotte, NC advisory firm, assists business owners in growth recapitalizations, business transfers to financial or strategic buyers, and management buyouts. BAMA also helps companies grow by providing buy-side sourcing services that identify potential add-on acquisitions to expand geographic footprint or add strategic products and capabilities.
Impulse Manufacturing, is a full-service metal fabricator operating outside of Atlanta in Dawsonville, GA. They offer an array of services including fabrication, forming, welding, stamping, laser cutting and finishing to top-tier OEMs across the U.S. Impulse employs 220 employees and is ranked #11 on The Fabricators Fab 40 list.
BTD Manufacturing, a subsidiary of Otter Tail Corporation, offers turnkey metal services to companies around the globe. Some of their offerings include: fabrication, forming, welding, tool and die work, machining, welding, CNC and more. The company is headquartered in the Midwest with offices in Minnesota and Illinois. With over 800 employees, BTD is ranked #3 on The Fabricators Fab 40 list.