2018 Fall M&A Event

Event Details

When:

November 6, 2018 5 PM - 7:30 PM PST

Where:

Location Name

University Club

Location Address

1225 Southwest 6th Avenue
Portland, OR 97204
United States

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Overview

Body

Built to Last: The ESCO Legacy

ACG Portland is pleased to present an exclusive look at the ESCO sale. This premier event will be held at the University Club.

The 2018 sale of ESCO Corporation to The Weir Group PLC for 1.29 billion will likely represent the largest M&A transaction in Oregon in 2018. ESCO is a world leader in the manufacture, distribution and sale of wear parts for the mining and construction industries. Continuously headquartered in Portland since its incorporation in 1913, at the time of sale the company was still controlled by descendants of ESCO's founder, Charles Swigert.

Moderated by Stephen Babson of Endeavour Capital, this panel will answer:

How were founding families able to successfully navigate the company through five generations of ownership over 105 years?
Surviving severe industry cycles and deep recessions.
Features of the Weir transaction and of Weir itself that caused the owners to end 105 years of independence?

The panelists:

Peter Bechen, President & CEO of PacTrust. ESCO's Lead Director through the transaction.
Eric Blackburn, ESCO VP & CFO. Played a key role in structuring and negotiating the transaction and continues after the transaction as CFO & SVP Business Integration.

Kate Warren Hall, ESCO Director. 5th generation family member.

Registration is required.

Cost: 45 Members, 100 Non-Members

Includes: Networking, adult beverages, buffet dinner

Speakers

Stephen Babson

Endeavour

Moderator

Stephen joined Endeavour in 202. Since that time, he has worked with companies in the food and consumer, specialty retail, niche manufacturing / industrials, transportation and logistics, and business services industries. Stephen serves on the boards of Zoom+care, USNR, New Seasons Market, Bristol Farms / Metropolitan Market ("Good Food Holdings:), Vigor Industrial, Genesis Financial Solutions, Pacific Market International, OFD Foods, and Pacific Star Communications.

Before joining Endeavour, Stephen was the Chairman of Stoel Rives LLP, one of the largest law firms in the Pacific Northwest. At Stoel Rives, Stephen's practice focused on mergers and acquisitions, and securities transactions. Stephen's relationship with Endeavour, as counsel and as an investor, dates back to its formation in 1991.

Hosted by: ACG

Chapter

Portland