The Orr Felt Company is a 170 year old, family-held business which manufacturers papermaker felts supplied to hundreds of paper manufacturers.

Source Capital, Ltd. began advising the now-deceased father of the currently controlling family members in 1989. To facilitate the father’s estate plans, in 1991, Source assisted the family in structuring a Delaware Business Trust as the acquisition vehicle to acquire Orr Felt from the father. In this most recent transaction, Source has assisted four family members who wished to obtain liquidity on their business holdings.

Source Capital, Ltd. offers an integrated approach to addressing issues and implementing solutions involving wealth planning, growth strategy, company capitalization, and operational effectiveness for principal owners of privately-held, medium-sized businesses.

This announcement appears as a matter of record only. July 2001

 

 

EXECUTIVE OFFICES
1606 Carmody Court, Suite 300
Sewickley, PA 15143
TEL: (724) 933-6600
E-mail: info@sourcecos.com

Visit our website at:
www.sourcecos.com

 

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