Jul 02

M.M. DILLON & CO. ADVISES CHAMPION-ARROWHEAD IN OUT OF COURT RESTRUCTURING

CRT Capital Group LLC n/k/a M.M. Dillon & Co. served as exclusive financial advisor and investment banker to Champion-Arrowhead, LLC in connection with a restructuring of the Company’s balance sheet.

About Champion-Arrowhead, LLC

Champion-Arrowhead, LLC manufactures irrigation and plumbing products in the United States. Its products include valve bodies, timers, pressure reducing and globe valves, spay heads, evaporative cooler faucets, hydrant boxes, copper compression stop and straight stop valves, washing machine and meter valves, boiler drains, rotors, and irrigation components. The company also provides lawn faucets, yard and sanitary hydrants, garden valves and hose bibs, controllers, automatic actuators, swivels, keys, valve accessories, brass and plastics valves, bases and accessories, brass and plastics sprinklers and nozzles, and couplers. It sells its products primarily through plumbing and irrigation distributors, as well as through retail outlets in the United States and online. The company operates manufacturing and distribution facilities in Southern California. The company was formerly known as Champion Irrigation, LLC and changed its name to Champion-Arrowhead, LLC in October 2006. The company was founded in 1936 and is based in Los Angeles, California.

About M.M. Dillon & Co.

M.M. Dillon & Co. (formerly CRT Investment Banking LLC) is an employee owned partnership where industry and product specialists collaborate closely to provide creative, idea-driven advice and solutions to its institutional and corporate clients. M.M. Dillon offers public and private financing, M&A advisory and restructuring advisory services. M.M. Dillon’s team of experienced professionals provides execution capabilities for companies across a range of industry sectors. The firm’s senior banking professionals have a minimum of 20 years of experience with major Wall Street firms.