Case Name :      Industrial Accessories Ltd.

Authors :           James E. Hatch, Ken Mark

Source :             Ivey Publishing

Case ID :            908N24

Discipline :        Finance

Case Length :    11 pages

Solution Sample availability : YES

Plagiarism : NO (100% Original work)

The president of Industrial Accessories Ltd. (IAL) was preparing for a meeting to consider a management buyout of IAL. IAL was a privately owned maker of attachments for construction vehicles based in British Columbia, Canada. IAL was founded in 1970 by Gerald Stone, now chairman and CEO of IAL. Stone had decided to sell IAL because of health problems. Because he had no suitable heirs to take on leadership of the company, the president and three other senior managers were considering a buyout strategy. Students must size up the acquisition, a place value on the company and propose a financing plan for the acquisition.