SureKap Names Mike May as Chief Executive Officer
NASHVILLE, TN – July 12, 2022 – SureKap, LLC (“SureKap”), an LFM portfolio company and manufacturer of automated packaging machinery used in a variety of industries, has named Mike May as Chief Executive Officer, effective June 2022. Greg Raines, SureKap Founder and President, will become an Advisor to the company.
LFM Managing Director Dan Shockley noted, “We are excited to welcome Mike to the SureKap team. His relevant manufacturing expertise, strategic execution capabilities, and dynamic leadership experience will play a critical role in helping the company achieve its expansion goals. We are grateful to Greg Raines for his dedication in establishing SureKap as a leading source for high quality packaging equipment over the past 30+ years and are confident Mike will continue to uphold Greg’s legacy, emphasizing the importance of a strong company culture, superior customer service and high integrity.”
Mr. May most recently served as CEO of Louis P. Batson Company, a provider of OEM and non-OEM parts, services and equipment solutions to textile and non-woven manufacturers. Prior to that, he served as President and COO of Hayssen Flexible Systems, a Barry-Wehmiller division focused on providing flexible packaging solutions to the world’s leading food & beverage, life sciences, advanced technology, and industrial companies.
“I am honored to be joining such a high quality packaging machinery manufacturer with strong long-term customer relationships and a solid reputation,” commented May. “SureKap has tremendous growth potential ahead, particularly in light of current automation trends to improve productivity, and I am thrilled to be a part of it.”
LFM Capital recently announced its investment in SureKap in January 2022. SureKap’s machinery is used across a variety of industries, including food & beverage, pharmaceuticals, nutraceuticals, and cosmetics. The company’s product offering includes cappers, conveyors, tables, and fillers; additionally, SureKap offers parts and service support to its customers, both domestic and international.
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 SureKap
Based in Winder, GA, SureKap is a manufacturer of packaging machinery used in a variety of industries, including food & beverage, pharmaceuticals, nutraceuticals, and cosmetics. SureKap’s product offering includes cappers, conveyors, tables, and fillers, and offers parts & service to its customers. For additional information, please visit www.surekap.com.