LFM Capital Adds to Automated Packaging Platform with Marks Machinery
NASHVILLE, TN – January 30, 2025 – LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, announced today that portfolio company, Excelis Packaging Automation (“Excelis”) has acquired Marks Machinery (“Marks” or the “Company”). Financial terms of the transaction were not disclosed.
Excelis provides comprehensive, turnkey automation solutions through its commitment to best-in-class, North American-made packaging equipment, parts, and service. The company has evolved into a full-service packaging automation platform through five complementary add-on acquisitions since LFM’s initial investment in 2021.
Founded in 1987, Marks Machinery is a manufacturer of high-quality and affordable replacement parts for KHS, Krones, C&S, and Meyer filling equipment that perform across a broad spectrum of beverage filling environments. The Company is based in Suwanee, Georgia.
LFM Managing Director, Conner Harris, commented, “We are thrilled to incorporate another complementary business that provides our customers with access to more parts and service offerings and expands our footprint into Central and South America.”
Keith Wheeler, President and CEO of Marks Machinery, noted, “Over the course of its history, Marks has remained committed to delivering a superior level of service, innovation and support to optimize our customers’ beverage line performance. Joining Excelis will enable us to maintain this high level of service while also expanding our capabilities.”
LFM Operating Partner, Richard Butler, added, “The ability for Excelis to seamlessly provide both parts and service to Marks’ existing customers will be a vital component to scaling the businesses. We remain excited about the notable progress of our one-stop-shop solution to better serve the industry’s packaging needs.”
Mitch Mattingly, LFM Associate, worked with Harris and Butler on the transaction.
About LFM Capital
LFM Capital is a private equity firm based in Nashville, Tennessee. The LFM team is led by experienced and successful Fortune 50 global executive managers and private equity professionals who bring decades of management leadership, operating best practices, exceptional professional recruiting networks, and a successful track record in lower middle market investing. LFM targets lead or control investments in U.S.-based lower middle market manufacturing and industrial services companies with at least $3 million of EBITDA and enterprise values ranging from $15 million to $125 million. The firm’s mission is to partner with portfolio company management to develop and build world-class operations through a combination of manufacturing and operations excellence and targeted growth and expansion strategies. For additional information, please visit www.lfmcapital.com.
About Excelis
Based in Winder, GA, Excelis is a comprehensive packaging equipment partner committed to delivering automation solutions that optimize packaging production through enhanced efficiency and flexibility. Excelis offers an integrated approach to equipment solutions including automated packaging machinery, parts and services. The company is known for complete, adaptable systems, including state-of-the-art labeling and padding equipment, automated capping solutions, liquid filling machines, and conveyor, infeed, and case handling technologies. For additional information, please visit https://www.excelisautomation.com/.
About Marks Machinery
Marks Machinery provides components for the bottle filling industry, improving uptime and reducing costs with high performance solutions. Marks has been servicing companies such as Coca-Cola, Anheuser-Busch, MolsonCoors, FEMSA, PepsiCo, and many more since 1987. For additional information, please visit https://www.marksmachinery.com/.