4M Carbon Fiber has engaged Lincoln International, a global investment banking advisory firm, to assist it in raising capital and in executing an acquisition programme which could involve one or more possible transactions. 4M intends to leverage the value of its disruptive technology that could be a game changer in the carbon fibre industry.

The first step of the engagement is to secure funding for the acquisition of a synergistic downstream carbon fibre user which will accelerate 4M’s valuation as it progresses toward a public listing. Lincoln’s team, led by managing director Jeffrey Corum, will work closely with 4M’s management on all aspects of the transaction process, said 4M Carbon Fiber in a press release.

“The engagement of Lincoln International is a vital step in 4M’s plans to grow and leverage the value of its carbon fibre technology. During my tenure with Dura-Line and Mexichem, Lincoln assisted me in executing a number of significant deals. With Lincoln’s advisory help 4M will raise capital and execute its acquisition and integration plan,” said Paresh Chari, co-chairman of 4M.  

4M was created in 2015 by a group of scientists and engineers seeking to exploit the potential of industrial carbon fibre. 4M saw an opportunity to modernise the fibre oxidation process, a time- and energy-hungry process that had remained stagnant since the 1960s. The result is a radical new process that improves upon the traditional method in every aspect with a fibre of unmatched quality, now challenging the outdated price-to-performance paradigm. (PC)