Philpott Ball & Werner (“PB&W”) is a private investment banking company that specializes in advising middle market companies. We assist management groups, boards of directors, shareholders and legal advisors of corporations in implementing strategies which enhance or preserve shareholder value and increase shareholder liquidity. PB&W’s services include Company Sales, Subsidiary Divestitures, Mergers, Acquisition Advisory, Fairness Opinions, Business Valuations and Strategic Alternative Studies. We have offices in Boston, Massachusetts and Charlotte, North Carolina.
Westland Technologies, Inc. (“Westland”), a portfolio company of Mangrove Equity Partners, has been acquired by ESCO Technologies, Inc. Located in Modesto, California, Westland is the market leader in the design, development and manufacture of elastomeric-based signature reduction solutions that enhance U.S. Naval maritime platform survivability.
Westland provides sole-source mission critical technology used on a majority of the U.S. Naval fleet worldwide, including submarines (Virginia Class, Ohio Class and Los Angeles Class), surface ships (cruisers and destroyers), and aircraft carriers. Westland’s products include highly-engineered, complex tiles and other shock and vibration dampening systems that reduce passive acoustic signatures and/or modify signal (radar, infrared, acoustical and sonar) emission and reflection to reduce or obscure a vessel’s signature.