Company Description:Raval is a subsidiary of Raviv, an enterprise which had an established track record in the injection molding business since the 1970s. The company began selling valves for automotive fuel tanks in 1998 and brought in its first private equity investor in 1999. The company has successfully expanded its production/assembly capabilities with a new plant in Europe and has now built up an impressive back-log of orders from major European automotive manufacturers including VW, Porsche, and Mercedes. Shamrock believes Raval has a solid track record, good management, and promising growth opportunities.
Transaction:Shamrock acquired its share in Raval in a structured transaction with a milestone based call/put option that would increase its investment over time. Shamrock is currently working with Raval management and Board to develop its U.S. expansion opportunities.
