CHICAGO, Oct. 18, 2016 /PRNewswire/ -- Deloitte Corporate Finance LLC (DCF) acted as the exclusive financial advisor to Filtra-Systems Company Inc. (Filtra), a Farmington Hills, Michigan-based manufacturer of custom industrial filtration and separation systems, in its sale to CNI Commercial LLC, a subsidiary of Chickasaw Nation Industries Inc. (CNI). The transaction closed on Aug. 31, 2016.
"Filtra's distinguished reputation in the water filtration industry is a testament to the quality and commitment of its management team," said Tony Blanchard, managing director, Deloitte Corporate Finance LLC. "We enjoyed the opportunity to assist Filtra in finding a strategic partner for growth moving forward."
"The Deloitte Corporate Finance team was critical in helping us unlock value through a competitive sale process, ultimately identifying a well-suited strategic acquirer," said Scott Bratten, chief executive officer of Filtra. "DCF's collective understanding of the buyer universe and extensive transaction experience were key dynamics to the process."
About Filtra-Systems Company Inc.
Filtra, based in Farmington Hills, MI, is the global leader in custom-engineered industrial filtration and separation systems. Filtra brings over 36 years of experience working with blue chip players in the automotive, water treatment, energy and other industrial sectors. Filtra has installed over 16,000 filtration systems worldwide including coolant filtration systems, liquid-solid separation systems, oil-water separation systems and air filtration systems (to name a few) while developing a portfolio of over 50 patents.
About Chickasaw Nation Industries Inc.
CNI is a federally chartered corporation wholly owned by the Chickasaw Nation. Headquartered in Norman, Oklahoma, CNI serves as a holding company with over a dozen subsidiaries that operate as Limited Liability Companies (LLCs) engaged in multiple lines of business. CNI is proud to support the economic development of the Chickasaw Nation and to contribute to the tribal mission of enhancing the overall quality of life of the Chickasaw people. www.chickasaw.com
About Deloitte Corporate Finance LLC
Deloitte Corporate Finance LLC provides strategic advisory services and M&A advice that help corporate, entrepreneurial, and private equity clients create and act upon opportunities for liquidity, growth, and long‑term advantage. With an in-depth understanding of the marketplace and access to a global network of investment bankers, we help clients confidently pursue strategic transactions in both domestic and global markets. DCF, together with the Corporate Finance Advisory practices within the Deloitte Touche Tohmatsu Limited network of member firms, include in excess of 1,900 professionals, who work collaboratively across 150 international locations. With our significant experience providing investment banking services across key industries, we are able to offer our clients solutions that help them to achieve their strategic objectives. For more information, visit www.investmentbanking.deloitte.com.
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