Fabricast Acquired By United Equipment Accessories

IRVINE, California – KCM Securities, LLC, d/b/a Keystone Capital Markets, is pleased to announce that its client Fabricast, Inc. (“Fabricast”) has been acquired by United Equipment Accessories, Inc. (“UEA” ).  Keystone served as the sell-side investment banking advisor to Fabricast.

Fabricast, a designer and manufacturer of precision slip rings for instrumentation & power applications, has been acquired by UEA, an Iowa-based provider of custom slip rings, rotary unions, hydraulic rotary swivels, hose & cable reels, and precision components designed to improve machine rotation and performance. This strategic acquisition reinforces UEA’s commitment to excellence, advanced technology, and customer-centric solutions.  UEA is an established leader in providing high-quality rotating electrical and fluid transfer solutions, serving domestic and international clients.  UEA’s acquisition of Fabricast will allow the company to broaden its product offering and serve additional customers.

Phelps Wood III, President, stated, “The Keystone team did an outstanding job of understanding our business, sourcing a number of suitors, and managing the many issues that came up during the process.  They worked tirelessly to complete the deal!  I am very happy with the outcome of this transaction and Keystone’s role in making it happen.”

Allan Siposs, Managing Director at Keystone commented “Fabricast was a second-generation family-owned company, and it was very important to our client that it be sold to an acquiror that understood the culture and idiosyncrasies of the business.  With this as our foundational objective, we completed a transaction that achieved our client’s needs. We are excited to see how UEA leverages Fabricast’s technology, capabilities, industry positioning and customer relationships to position the combined businesses for their next wave of growth.”

Erik Choy, Director, added, “We are honored to have worked with Phelps in the sale of Fabricast to United Equipment Accessories. UEA has developed an exceptional reputation as a key industry provider of rotary electrical interfaces over the last eight decades. We look forward to watching the company grow to new levels with the help of the team at UEA.”