Reorganization of Fortune 200 Allegheny

JAPONICA PARTNERS successfully reorganized Fortune 200 Allegheny International including the acquisition of 12 core businesses and numerous non-core assets and liabilities.

JAPONICA discovered a large value gap based on specific nuggets of value. JAPONICA quietly procured a minority stake in this UGLC via multiple classes of securities at prices well below the acquisition price and worked with management to build a superior business plan. Such partnering efforts succeeded in obtaining board approval for the acquisition, leading to a "win-win" outcome for all constituents. JAPONICA retained numerous executives and nearly all operating managers.