Founded in 1971 and based in North Tazewell, Virginia, Pyott- Boone is a leading developer, manufacturer and marketer of the most extensive and technologically advanced communication, tracking and monitoring products for underground mining and tunneling. The Company is a dominant supplier of these products. The Company also provides sub-contract assembly services to the defense industry and has successfully completed assemblies for prime defense companies, whose ultimate destinations are in some of the most sophisticated equipment in the world, including navigation equipment in military aircraft and missiles.
Pyott-Boone has grown significantly over the past few years. The Company’s growth is the result of its broad product line and extensive customer support which, taken together, help to fulfill the
increasing demand for safer and more productive underground mining environments. As part of the sale transaction, the Company was looking for strategic investors to build on its past success by expanding the Company’s product offering and service solutions for existing customers, as well as new customers in international markets and in other industries. The combination of Vierville, Prairie and Management creates a strong and experienced investment team that is well positioned to propel the Company into the future.
Vierville Capital is a private investment group with deep resource industry expertise, which was founded to identify, acquire and operate a growth business. Prairie Capital, founded in 1997, is a Chicago-based private equity firm focused on investing in lower middle-market businesses undergoing a change of control. Since its inception, Prairie has closed 75 platform investments, across a broad range of industries, and is currently investing out of its most recent committed fund, the $300 million Prairie Capital V.
Strategic Advisors is an investment banking firm that provides merger and acquisition, corporate finance and strategic advisory services to business owners. Since 2002, Strategic Advisors has served as the primary M&A and/or corporate finance advisor on over 350 transactions totaling over $6.5 billion.
Strategic Advisors 2, LLC
117 VIP Drive, Suite 220
Wexford, PA 15090
www.strategicad.com
Securities transactions are conducted hroughStillPoint Capital, Member FINRA/SIPC, Tampa, FL