Larsen MacColl Sells Portfolio Company to Sansei Yusoki Business Wire RADNOR, Pa. & LOGAN, Utah & OSAKA, Japan -- January 24, 2013 Larsen MacColl Partners (“LMP”), a private equity fund based in Radnor, PA, has sold a majority stake in its portfolio company, S&S Worldwide, Inc. (“S&S”) to Sansei Yusoki Co. Ltd, (“SY”). LMP made its original investment in S&S in 2009 and supported S&S’s subsequent growth with additional financial resources and strategic guidance as S&S rapidly expanded its customer base and product offering in Europe and Asia. Sansei Yusoki is an Osaka Stock Exchange-listed company operating globally across the elevation equipment, stage equipment and amusement ride sectors. SY announced that its acquisition of S&S will broaden its customer base and product offering and position its amusement rides business for further growth in overseas markets, specifically China, the USA and Europe. Commenting on the transaction, Rich Allen, President and CEO of S&S, said, "The financial strength of Sansei, coupled with its strong engineering and manufacturing focus, will be a tremendous complement to S&S's patented portfolio and strong sales success." Brookwood Associates acted as the lead financial advisor to LMP and S&S. Business Development Asia also advised on the transaction. Miller & Martin, a full-service firm with offices in Atlanta, Chattanooga and Nashville, acted as legal advisors to LMP and S&S. Tim MacColl, Managing Partner of LMP stated, “Brookwood was a tenacious partner in this process. Their senior attention was evident in positioning S&S to attract the right interest from a global buyer universe, and navigating extremely complex issues in a cross-border context. Brookwood was more than a banker…they were a trusted advisor critical to the success of this transaction.” About Larsen MacColl Partners Larsen MacColl Partners is a private equity fund based in Radnor, PA. Larsen MacColl invests in profitable and established companies in basic industries with annual sales ranging between $5 and $40 million, and seeks to partner with companies with proven business models, solid management teams and significant growth opportunities. www.larsenmaccoll.com About S&S Worldwide Inc S&S, located in Logan, Utah, is a leading designer and manufacturer of roller coasters, tower rides and other thrill rides for the global amusement park industry. S&S has installed over 150 amusement rides and coasters in 27 countries and is recognized as a leading engineer of some of the world’s most innovative and thrilling rides. www.engineeringexcitement.com About Sansei Yusoki Co Ltd Sansei Yusoki is a company engaged in the manufacture and sale of elevation equipment, stage equipment and amusement rides. Along with its subsidiaries, the company operates in two business segments. The Product Manufacturing, Repair and Maintenance segment is engaged in the manufacture and sale of customized facilities such as elevators, escalators, parking devices and revolving restaurants, as well as stage machinery, hanging devices, roller coasters, and fast slides. This segment also offers maintenance and repair services for the products. www.sanseiyusoki.com Contact: Larsen MacColl Partners Tim MacColl, 610-687-5045 email@example.com
Larsen MacColl Sells Portfolio Company to Sansei Yusoki
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