LFM Announces New CEO for AttachCo Platform
NASHVILLE, TN – May 7, 2024 – LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, is pleased to announce the formation of Attach Acquisition HoldCo, LLC (“AttachCo” or the “Company”). AttachCo manufactures agricultural implements and skid steer attachments, and combines the following three brands: CID Attachments, IronCraft and Eterra. Furthermore, the newly combined Company has named Nancy Chamblee as the Chief Executive Officer.
Ms. Chamblee has over twenty years of experience leading finance and operations teams in a mix of mid-market and large global manufacturing companies. Most recently, she spent nine years at Manchester Tank & Equipment, a mid-size steel fabrication company, serving first as the VP of Finance before being promoted to the company President. She spent the first fourteen years of her career progressing through a variety of roles at General Electric including internal audit (Corporate Audit Staff), operational finance management and executive-level FP&A roles across a broad mix of their industrial businesses. She joined LFM as a Portfolio Chief Financial Officer in August 2023 and was appointed President of IronCraft in January 2024. In connection with her new role, Ms. Chamblee will relocate with her family to the Athens, Tennessee area.
LFM Managing Director Dan Shockley commented, “We are thrilled to have Nancy step into the CEO role of our AttachCo platform. Her significant leadership background in conjunction with her operational and financial expertise will help to support the Company’s renewed focus on prioritizing healthy dealers by being easy to do business with.”
Ms. Chamblee added, “I am honored to lead the AttachCo platform and am extremely optimistic about the growth opportunities ahead for this combined business. We are often reminded of how each of these brands became great in their own way, and we are committed to supporting their independent growth under the AttachCo platform.”
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 AttachCo
AttachCo is a collection of manufacturers focused on agricultural implements and skid steer attachments. AttachCo’s current brands include CID Attachments, IronCraft, and Eterra. For more information, please visit www.cidattachments.com; www.ironcraftusa.com; and www.eterra-usa.com.