NeoGraf: BDA Advises NeoGraf on Sale to Edgewater

New York, NY February 01, 2023 --(PR.com)-- BDA Partners is pleased to announce that its client, NeoGraf Solutions, a portfolio company of Aterian Investment Partners, has been sold to Edgewater Capital Partners. BDA Partners acted as exclusive financial advisor to NeoGraf and its shareholders on the transaction. NeoGraf is a world leader in graphite materials science. It has been manufacturing carbon and graphite products for 135 years in Lakewood, Ohio. NeoGraf is a technology leader focused on application development and providing solutions for customers in the electric vehicle, graphene & nanomaterials, alternative energy, electronic thermal management, industrial seals and gaskets in flow control, petrochemical, & nuclear applications, building & construction, and flame retardancy sectors. NeoGraf provides these innovative and environmentally sustainable thermal solutions to a broad array of customers worldwide. Drew Walker, President and CEO, NeoGraf, said: "With Edgewater's deep understanding of advanced materials, NeoGraf knew immediately we had found the right partner to drive the business forward across our exciting end markets. NeoGraf's focus on global mega trends for faster communication, sustainable energy, increased automation, environmentalism, and a post COVID-19 world provided a true synergy with Edgewater's vision for the NeoGraf business." Bob Girton, Partner, Edgewater Capital Partners, said: "We are delighted to partner with NeoGraf and the opportunity to support this team and the organization in achieving its next stage of success. As we are both located in Ohio, we're especially proud to be a part of NeoGraf's ...Full story available on Benzinga.com