Harris Williams & Co. Advises Q Holding Company on its Sale to 3i

December 18, 2014

Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces the sale of Q Holding Company (Q), a portfolio company of Industrial Growth Partners, to London-based 3i Group plc (3i). The transaction, which closed on December 18, 2014, was led by John Neuner, Patrick McNulty, Darwin Olympia, Paul Hepper and Trey Packard of Harris Williams & Co.’s Richmond office.

Q is a leading global manufacturer of highly-engineered, precision-modeled elastomeric components used in a broad range of electrical connector, automotive insulator and medical and pharmaceutical applications. Established in 1966, the company is headquartered in Twinsburg, OH and has manufacturing facilities in the United States and China.

Industrial Growth Partners is a San Francisco-based specialist private equity investment partnership focused exclusively on acquiring middle market industrial manufacturing businesses. Founded in 1997, the firm has raised $1.4 billion in equity capital across four funds.

Headquartered in London, 3i (LON: III) is a leading international investment manager focused on middle market private equity, infrastructure and debt management across Europe, Asia and North America. 

Harris Williams & Co. (www.harriswilliams.com), a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide.  The firm has deep industry knowledge, global transaction expertise, and an unwavering commitment to excellence.  Harris Williams & Co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services.

Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is authorized and regulated by the Financial Conduct Authority.  Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business.