Situation:

Americast Technologies is a world leader in the design, manufacture and supply of highly-engineered steel and iron sand castings, machined components, and assemblies. Americast produces large and difficult-to-manufacture parts and is a critical supplier to Fortune 50 manufacturers in the locomotive, mass transit, mining, agricultural equipment, construction, energy, and heavy-duty truck industries. Its business units include: Atchison Steel Casting & Machine; Amite Foundry & Machine; Prospect Foundry; London Precision Machine and Tool; and ACC Global. 

Ameridan’s Role:

A leading middle market private equity firm retained Ameridan to provide market and customer diligence. The engagement focused on assessing:

• The quality and uniqueness of the Company’s capabilities relative to competitors;
• Depth of current customer relationships and customer support post reorganization; and
• The medium term revenue outlook based on extant customer’s purchase expectations.