Don Pedro Pump Case Study
“Mike, you told us how important finding the ‘right partner’ was. You were so right. Not only did we receive a value and structure that was beyond what we imagined, but the opportunity for Cooper in the new organization along with the potential second-bite-of-the-apple is extremely exciting. We cannot thank you enough for doing what you said you would. Doesn’t always happen that way.”
~Gary Rossiter, Owner
Don Pedro Pump specializes in turn-key systems that provide the best quality
product for their customers serving many agricultural, industrial and municipal
customers from Sacramento to Fresno. Don Pedro Pump handles all aspects of a
project, including well development, pump installation, electrical coordination,
VFD manufacturing and installation, and oversees/manages every aspect of a
project to ensure the customer receives the best quality possible. The Company
began in 1938 and was sold to Gary Rossiter in 1998.
The focus of this transaction
was to identify the best buyer to facilitate our client’s goals and objectives in
addition to obtaining a strong value and advantageous deal terms and a future
opportunity for Gary’s son, Cooper, post-transaction.
Our client became the largest acquisition to-date for the buyer and their California
platform.
The son and owner, Cooper wanted to sell to a buyer who valued his
skill set and allowed him an opportunity to further advance within the larger
organization. He initially became regional vice president.
Talk With Us Today
Connect with a team member at Ascend to talk about the future of your company.