After acquiring automation solutions provider First Source Electronics from Commercial Vehicle Group, private investment firm Woodson Equity turned to GHJ for critical post-transaction expertise.

Woodson Equity, which specializes in corporate carveouts and divestitures, acquired First Source Electronics, a provider of automation solutions for warehouses, industrial sectors and other industries, in November 2024. This acquisition was designed to expand the suite of offerings Woodson provides its customers in industrial services and strengthen its competitive advantage in the marketplace.

A few months after the deal closed, Woodson engaged GHJ’s Transaction Advisory Services (TAS) Practice for post-transaction financial due diligence. GHJ assisted with the company’s net working capital calculation and validation to assess the company’s new projected revenue, opportunities and risks. Having an outside perspective determine the accuracy of working capital and adjustments to cash provided Woodson with a clear picture of its potential growth.

“We were happy to support Woodson Equity through all of its post-transaction needs,” said Maria Shoemaker, a member of GHJ’s TAS Practice. “They have built a solid reputation in the market and will likely continue to lead in the industrial services industry.”

GHJ’s TAS Practice provides comprehensive support for buy-side and sell-side transactions with enterprise values ranging from $10 million to $3 billion, focused on delivering due diligence, valuation, deal structuring and integration guidance.

Contact GHJ’s Transaction Advisory Services Practice to learn more.