TRANSACTION DETAILS  
     


Client: Collins Industries, Inc. (OTCPK:CNSI)
Transaction: Sale to Steel Partners II, L.P.
Industry: Manufacturing - Specialty Vehicles
Service: Sell-Side Advisory
Owner: Publicly Traded
Details: Collins Industries, Inc. (OTCPK:CNSI) was sold to Steel Partners II, L.P., a privately-owned hedge fund sponsor, in affiliation with American Industrial Partners, an operationally focused private equity firm. Collins Industries is a market leader in the manufacture of specialty vehicles, which include ambulances, small school buses, terminal trucks, road construction equipment and industrial sweepers.

Testimonial: "George K. Baum's thoroughness and thoughtfulness favorably positioned Collins as an attractive target for a broad universe of potential acquirors. GKB's attention to detail, effective management of the sale process and negotiating prowess resulted in a high degree of competitive tension at every stage of the sale process. These factors, combined with the Company's strong operating performance, allowed the shareholders to achieve a very favorable outcome in the form of the transaction with Steel Partners and American Industrial Partners."

Don L. Collins
Chairman and Chief Executive Officer
Collins Industries, Inc.

Case Study: Collins Industries, Inc.
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