May 26, 2017
Transaction Announcement
BOSTON, MA — Dunn Rush & Co. LLC is pleased to announce the recent closing of the sale of Moeller Marine Products (“Moeller”) by its corporate parent The Moore Company to SeaStar Solutions Inc. (“SeaStar”). Dunn Rush & Co. served as financial advisor to Moeller and The Moore Company in the transaction.
Moeller (www.moellermarine.com) designs, manufactures, and supplies rotationally molded, blowmolded, and thermoformed fuel systems and tanks primarily for the recreational marine industry. Moeller is the dominant market leader in plastic marine fuel tanks, with a longstanding reputation for providing the most innovative products and engineering services in the industry. Moeller is headquartered in Sparta, Tennessee.
SeaStar (www.seastarsolutions.com) is the leading global provider of OEM and aftermarket products and accessories for the recreational marine and related markets. Sold around the world under the SeaStar, Sierra, BayStar, Shields, Inca, Mallory, Prime Line and Proheat brands, the Company’s products are recognized for their quality, reliability and technical innovation. SeaStar is a portfolio company of American Securities LLC.
The Moore Company (www.themooreco.com) is the holding company of a diverse group of capital-intensive manufacturing businesses that provide products to leading brand name customers in healthcare disposables, apparel, and sporting goods. Founded in 1909 and headquartered in Westerly, Rhode Island, The Moore Company is family owned and operated, and its subsidiaries include Darlington Fabrics, Fulflex and The George C. Moore Company.
Dunn Rush & Co. LLC was founded in 2009 to provide high quality merger and acquisition advisory services to middle market companies valued between $20 million and $250 million. Dunn Rush & Co. LLC has significant expertise in the following industry sectors: Business Services; Consumer; Defense & Security; Healthy Living; Instrumentation; Manufacturing & Distribution; Medical Technology & Services; and Technology, Software & Data Services. 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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