has received debt financing from
ABOUT THE COMPANY:
Elmet Technologies, Inc. (Elmet) is a fully integrated global leader in the production of highly specialized and engineered molybdenum and tungsten products. Elmet produces milled, machined, and fabricated products for semiconductor, high-temp furnace, and several other industries.
The sudden bankruptcy of one of Elmet's largest customers in October created a challenging situation for the Company. The Company made the decision to seek strategic alternatives. The market dynamics required a rapid approach to the transaction execution.
G2 was engaged to represent Elmet as the exclusive advisor responsible for running an expeditious, targeted, and high-touch strategic options process.
The resulting transaction was successfully executed through a strategic bridge financing investment by Philips.
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