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The principals of Quarton Partners advised Prototech Laser a recapitalization transaction with Sankaty Advisors.

Transaction

Prototech Laser, Inc. was recapitalized by Sankaty Advisors to fund a shareholder distribution. The principals of Quarton Partners acted as the exclusive financial advisor to Prototech Laser.

Company

Prototech Laser, Inc., established in 1998, pioneered the commercial use of high-powered CO2 lasers for various industrial applications. Prototech Laser represents one of the leading providers of commercial laser cutting services in North America and serves as an industry benchmark for technological advances as well as robust high volume production capabilities. The Company owns 12 laser cutting systems and one laser welding system, which are equipped with power ranging from 1,000 to 4,000 watts.

Buyer / Investor

Sankaty Advisors is the global credit affiliate of Bain Capital and one of the world’s leading private managers of fixed income and credit instruments. Founded in 1998 and now managing more than $26 billion of assets as of June 30, 2015, Sankaty has an integrated team of more than 230 people that enables the firm to invest up and down the capital structure and to conduct rigorous, independent analysis of thousands of corporate issuers. Sankaty invests in a wide variety of securities and investments globally, including leveraged loans, high-yield bonds, distressed and stressed debt, mezzanine debt, structured products, real estate and equities. An employee-owned private partnership, the firm has offices in Boston, New York, Chicago, London, Dublin, Hong Kong and Melbourne.

Contact

profile

Kurt L. Haras

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