Situation: The Headwall team became aware, through its industry relationships, that Luxfer was contemplating the sale of its magnesium plate business, Luxfer Graphic Arts (“LGA”). Headwall contacted TerraMar Capital (“TerraMar”), a Los Angeles-based private equity firm with interest in the metals sector, believing LGA was a good fit for TerraMar. TerraMar expressed interest and hired Headwall as its buy-side M&A advisor.

Solution: After pursuing and evaluating several potential targets, NIM was able to agree on financial terms and close the acquisition of Straub in December 2024.