BOSTON, MA — Dunn Rush & Co. LLC is pleased to announce the recent closing of the sale of Heyco Products, Inc. (“Heyco Products”) to Penn Engineering & Manufacturing Corp. (“PennEngineering”). Dunn Rush & Co. served as financial advisor to Heyco Products in the transaction.
Heyco Products (www.heyco.com) designs and manufactures molded wire protection products, plastic fasteners, molded components and stamped electrical components to meet the needs of industrial, medical, appliance, transportation, alternative energy, lighting, and aerospace companies. With a well-known brand name, Heyco Products has a modern, globally certified, U.S.-based manufacturing facility with vast expertise in injection molding, progressive stamping, over molding, and assembly processes and techniques. Heyco Products was founded in 1926 and is based in Toms River, New Jersey.
PennEngineering (www.pemnet.com) is the global leader in the development and manufacture of precision fasteners, components and installation systems, specializing in thin sheet attachment solutions. With globally recognized brands including PEM®, microPEM®, PEMSERTER®, PROFIL®, PennAuto™, and Atlas®, the company provides design and product solutions worldwide for diverse industries, including electronics, computer, data/telecom, medical, automotive, aerospace/aircraft, and general manufacturing. The company operates fastener manufacturing facilities and key sales offices in North America, Europe, and Asia and is supported by a worldwide network of authorized engineering representatives and distributors.
Dunn Rush & Co. LLC was founded in 2009 to provide high quality mergers and acquisition advisory services to middle market companies valued between $10 million and $200 million. Dunn Rush & Co. LLC has significant expertise in the following industry sectors: Business Services; Consumer & Healthy Living; Defense & Security; Healthcare & Life Sciences; Industrial & Manufacturing; and Technology & Media. The Firm is a registered Broker-Dealer and is headquartered at 225 Franklin Street, Boston MA 02110. For further information, please visit our website at www.dunnrush.com or contact us at 617-451-0001.
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