Universal Oil, Inc. has sold their business to an Employee Stock Ownership Plan (ESOP). Terms of the transaction were not disclosed.
EdgePoint Capital initiated the transaction, led the negotiations, identified key management talent, and served as exclusive financial advisor to Universal Oil, Inc. EdgePoint is a leading investment banking firm focused on providing lower and middle market business owners with merger and acquisition advisory services.
Founded in 1908, Universal Oil, Inc. is the premier distributor of fuels and oils to leading manufacturing companies throughout Ohio. The company is based in Cleveland, Ohio. The new ESOP was funded by KeyBank.
An undisclosed private equity group has acquired Laser Xpedited Transportation, Inc. The terms of the transaction were not disclosed. EdgePoint Capital led the negotiations and served as exclusive financial advisor to Laser Xpedited Transportation, Inc.
Laser Xpedited Transportation, Inc. (“Laser”) is one of Northeast Ohio’s premier expedited shipping companies. Laser is dedicated to providing its customers with the highest quality transportation services available. With headquarters in Twinsburg, Ohio, the Company is centrally located to provide expedited services nationwide.
EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.
An undisclosed private equity group has acquired Star Precision Products, Inc. The terms of the transaction were not disclosed. EdgePoint Capital led the negotiations and served as exclusive financial advisor to Star Precision Products, Inc.
Star Precision Products, Inc. (“Star”) is a high-tech manufacturer and assembler of precision machined products. Started in 1984 as a tool and die shop, Star quickly focused its core competences on producing quality high-tolerance machined parts for an underserved geographic market.
EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.
Lincat Group, plc, Lincoln, Lincolnshire, U. K. has sold its Douglas Machines Corporation subsidiary to GenCap America.
Lincat Group, plc, whose shares trade on the London Stock Exchange, manufactures kitchen, bar and food processing equipment.
Douglas Machines Corporation of Clearwater, Florida is the U. S. market leader in design and manufacture of washing and sanitizing equipment for bakeries and other food related industries.
GenCap America, of Nashville, Tennessee, is a private investment specializing in the acquisition, in conjunction with management, of leading middle market businesses.
The Trans Action Group, now part of EdgePoint Capital Advisors, working with Cavendish Corporate Finance of London, initiated this transaction and acted as financial advisors to Lincat Group.
PetsDx has successfully obtained financing. Terms of the transaction were not disclosed. EdgePoint Capital identified financing sources, led the negotiations, and served as the exclusive financial advisor to the Company.
PetsDx, Inc. is a leading provider of veterinary diagnostic imaging services with more than forty diagnostic imaging sites across the United States.
EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.
The Garick Corporation has recapitalized and restructured their corporate debt. Terms of the transaction were not disclosed.
EdgePoint Capital initiated the transaction, led the negotiations and served as the exclusive financial advisor to Garick Corporation. EdgePoint is a leading investment banking firm focused on providing lower and middle market business owners with merger and acquisition advisory services.
Garick was founded in 1980, and is a leading distributor of natural resource products in the United States and Canada, servicing the landscape, recreation, lawn, garden, and construction industries. The company is based in Garfield Heights, Ohio.
An undisclosed private equity group has acquired Milsek, Inc. The terms of the transaction were not disclosed. EdgePoint Capital led the negotiations and served as exclusive financial advisor to Milsek, Inc.
Milsek, Inc. is a manufacturer and distributor of wood furniture polish and cleaner products throughout Northeastern Ohio and Western Pennsylvania. The Company was founded in 1914 and has developed a reputation in the industry for providing some of the highest quality products available.
EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.
Med XS Solutions, Inc. has acquired Health Quip, LLC. EdgePoint served as the exclusive buy-side advisor to Med XS. EdgePoint led negotiations with the seller, structured debt and equity, assisted management with business vision and systems, and enabled MedXS to successfully purchase the assets from a public company.
Founded in 1993, Med XS participates in the highly fragmented used medical equipment market providing asset management services to hospitals, auction services to sellers, and brokerage services to buyers.
Health Quip, LLC is a medical parts distributor located in Atlanta, GA. Health Quip is a leader is used medical parts. The company is privately held.
EdgePoint is a leading investment banking firm focused on providing lower and middle market business owners with merger and acquisition advisory services.
A private equity group has acquired Geneva Pipeline LLC. Terms of the transaction were not disclosed.
EdgePoint Capital initiated the transaction, led the negotiations and served as exclusive financial advisor to Geneva Pipeline. EdgePoint is a leading investment banking firm focused on providing lower and middle market business owners with merger and acquisition advisory services.
Founded in 1957, Geneva Pipeline constructs gas, water, and oil pipelines for customers in Northeastern Ohio and Western Pennsylvania. The company is based in Geneva, Ohio.
Midwest Screw Products, Inc. has been acquired by Resilience Capital Partners. Terms of the transaction were not disclosed. EdgePoint Capital led the negotiations and served as the exclusive financial advisor to the Midwest Screw Products, Inc.
Midwest Screw Products, Inc. is an automatic screw machine job shop specializing in precision parts for short and long production runs. The Company was founded in 1972 and is headquartered in Brooklyn Center, Minnesota.
Resilience Capital Partners is a Cleveland-based private equity group that was founded in 2001.
EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.
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