Blue Magic

Company Sale/Divestiture

Wilcox Investment Bankers served as sell-side M&A Advisor in the company sale of Blue Magic, a subsidiary of The RectorSeal Corporation.

Blue Magic, Inc., based in Conroe, Texas, is a world class marketer and manufacturer of specialty aftermarket automotive and consumer products sold under the BlueMagic, PURE CITRUS and GarGo brand names. Blue Magic is a wholly owned subsidiary of The RectorSeal Corporation, a portfolio company of Capital Southwest Corporation.

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‍The Challenge

After receiving multiple unsolicited inquiries about acquiring the business, the RectorSeal board of directors desired to run a limited marketing process to "test the market" for a suitable acquirer.

The Solution

The Company engaged us as merger & acquisition sell-side advisor to run a targeted process to identify interested strategic parties. We created the marketing materials, aggressively solicited interest and negotiated favorable terms with

Technical Chemical Company. The successful divestiture met the goals of Blue Magic's board of directors and surpassed senior management's expectations.

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