CHICAGO, Sept. 22, 2014 /PRNewswire/ — Lincoln International (“Lincoln“), a leading global mid-market investment bank, is pleased to announce that Dura-Line Corporation (“Dura-Line” or the “Company”), a portfolio company of CHS Capital, has been acquired by Mexichem for a total of $630 million in cash and assumed liabilities, advancing Mexichem’s strategy of global growth in high-end specialty products.

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Headquartered in Knoxville, TN, Dura-Line is a global leader in high-density polyethylene (HDPE) conduit, duct and pressure-pipe solutions for attractive end markets including the telecommunications, energy and infrastructure industries. The Company has manufacturing facilities in the U.S., Mexico, India, Oman, Europe and South Africa.

This transaction represents another important deal for Lincoln’s highly active Building and Infrastructure Group. “We are very pleased with the successful outcome of this transaction,” said Jeff Corum, head of the Building and Infrastructure Group at Lincoln. “Mexichem is a strong strategic buyer that will be able to support Dura-Line’s continued growth.”

Lincoln acted as exclusive financial advisor to Dura-Line in this transaction, working closely with its management team during the sale process. “Lincoln was a valued partner for Dura-Line,” said Paresh Chari, CEO of Dura-Line. “Their extensive experience in the plastic pipe industry enabled them to provide valuable guidance throughout the transaction.”

About Lincoln International

Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With sixteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com.

Media Contact: Kyle Wolthusen
(312) 506-2798
kwolthusen@lincolninternational.com

SOURCE Lincoln International