Solution
Dimex Corporation, headquartered in Marietta, Ohio, is a highly profitable plastics extrusion business with a sophisticated raw material supply capability that involves reprocessing off-spec and scrap plastic material for use in its own extrusion operation and for resale in the marketplace.

Objective
Shareholders sought to monetize a significant portion of their ownership interest to diversify their investment holdings, while still retaining operational control and a minority interest in the business in addition to securing a financial partner to help fund continued strong growth.

Solution
Matrix contacted both financial buyers and  strategic buyers.

Confidential Information Memoranda were distributed to interested parties and multiple Indications of Interest were received, representing a response rate of better than 50%

After a four round auction process, the shareholders selected Brookside International to complete the recapitalization at a premium valuation level.