©Aethlon Capital, LLC
When Jeff Jamar, co-owner of Jasper Engineering & Equipment Co., began to think about retiring from the business, he researched various exit options including an ESOP and interviewed three investment banks. In late 2020, he and Jason Janisch, Jasper’s second owner, chose Aethlon to help them find the best partner for the company’s continued growth. Aethlon conducted a broad search of both financial and strategic buyers, and after receiving multiple offers for the company, we closed on a sale on June 21, 2021 to Pathfinder Companies, an investment firm that provides long-term capital to privately held family and entrepreneurial companies. As part of the sale, both Jeff and Jason kept a minority stake in the company, with Jeff also taking a seat on the company’s board.