Acquisition Announcement: TC/American Monorail Systems, Inc., Has Been Acquired by TC/American Crane Company

MINNEAPOLIS, MN– Quazar Capital Corporation, a private Investment Banking firm specializing in merger and acquisition (M&A) services is pleased to announce that TC/American Crane Company, a new entity formed by Stewart Capital Partners and Orion Financial Corp., has acquired one of its clients, TC/American Monorail Systems, Inc. This transaction highlights Quazar’s continued focus on closely held family businesses, its strong manufacturing industry experience, and its continued commitment to Midwest-based businesses. The terms of the transaction were not disclosed.

TC/American Monorail Systems, Inc. is the industry leader in under-running crane and monorail systems utilizing “patented track” rail. The company is a consolidation of Twin City Monorail, American Monorail and Spanmaster, and has deep-rooted history dating back to the 1920’s. For more information on TC/American Monorial Systems, Inc., please visit www.tcamerican.com.

Stewart Capital Partners focuses on the acquisition of private operating companies in specific industries.  They seek Midwest based middle-market manufacturing, distribution and service companies with a focus on long-term ownership. For more information on Stewart Capital Partners, please visit www.stewartcapitalpartners.com.

Orion Financial Corporation acts as a principal by directly investing its funds in companies to support management in acquisitions, growth, and recapitalization. Founded in 1982, Orion has successfully invested in excess of 30 operating companies. For more information about Orion Financial Corporation, please visit www.orionfinancial.com.

Quazar Capital Corporation, whofacilitated this acquisition by representing the seller, is a Minnesota Investment Banking firm with over 25 years of experience, confidentially helping privately held companies with Mergers and Acquisitions, Recapitalizations, and Financial Advisory Services. Quazar Capital Corporation specializes in transitioning companies with Revenues of $5 – $100 million and EBITDA of $2 – $10 million. For more information about Quazar Capital Corporation, please visit www.quazarcapital.com.

Media Contact
Company Name: Quazar Capital Corporation
Contact Person: Bruce Behm, President
Email: bruceb@quazarcapital.com
Phone: +1 (763) 550-9000, +1 (888) 550-9000
Address:3535 Plymouth Boulevard Suite 210 Minneapolis, MN 55447
City: Minneapolis
State: Minnesota
Country: United States
Website: www.quazarcapital.com