St. Louis, MO, December, 2021
Capital For Business, Inc.® (CFB) is pleased to announce that it recently completed an investment in A&A Machine & Fabrication, LLC (A&A). A&A (based in La Marque, TX) is a manufacturer of mission-critical equipment used worldwide by manufacturers of plastic resins and synthetic gas (syngas). More specifically, A&A provides drawings, machining, welding (fabrication) and installation of high-pressure tubular reactors and coolers, catalyst injection systems and other new and refurbished equipment, primarily for petrochemical plants and niche markets that support the production of low density polyethylene (LDPE), polypropylene and products produced by gasification. A&A also provides a full range of service solutions including repair services, engineering, field upgrades and system rebuilds.
“We are so excited to partner with CFB to ensure the long-term success of our great company and allow it to grow and expand in the future,” commented C. Alan Hutchins, President & CEO of A&A. “We are excited to announce that our plant will remain in La Marque, where it has been operating for the last 64 years. The opportunity for our employees is incredible. David Vasichko and I will continue in our current roles in the near-term, and strategically transition management of the Company over the next few years to established A&A leaders who have proven their expertise and commitment to our product lines. You can look for exciting things in the future from A&A as the Company gains market share, increases it global presence and continues to provide career development opportunities at a great place to work.”
CFB and Konza Valley Capital, Inc. (KVCI) provided subordinated debt and equity to complete the transaction. The investors partnered with original owners Charles L. Hutchins, C. Alan Hutchins, and David E. Vasichko. The entire A&A management and production team will remain with the Company.
CFB Vice President Tim Buening noted: “We are excited to partner with KVCI and A&A, a company with such a strong history of quality and success. Founded in 1957, A&A has established itself as an innovator and market-leading designer and manufacturer of differentiated, mission-critical equipment and parts for the LDPE and petrochemical industries. We believe the Company’s future potential is limitless, as A&A’s management team, employees, products, and attention to detail are best-in-class. We look forward to leveraging A&A’s reputation and solid foundation to pursue additional growth and operational excellence.”
About Capital For Business
CFB is a St. Louis-based private investment firm, owned by Commerce Bancshares, Inc., providing capital to middle-market businesses with proven management teams and a high potential for growth. Founded in 1959, CFB is one of the oldest Small Business Investment Companies (SBICs) in the nation and is focused on control buyouts of value-added manufacturing, distribution and business services companies throughout the United States.