Amid the pandemic, private equity fortifies Midwest factories
LFM Capital’s Steve Cook on investing in manufacturing and industrial services businesses: “If you come to town in a private jet, you’ve already lost.”
LFM CAPITAL ADDS PSI CONTROL SOLUTIONS TO THE PORTFOLIO
LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, announced today that it has invested in a new portfolio company, PSI Control Solutions (“PSI”), a leading manufacturer and assembler of custom electrical control panels and emergency power products.
LFM CAPITAL COMPLETES SALE OF EDSCO FASTENERS
LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, announced today the sale of EDSCO Fasteners, LLC (“EDSCO”) to MiddleGround Capital. Financial terms of the transaction were not disclosed.
LFM CAPITAL ADDS NEW PORTFOLIO COMPANY: J&E PRECISION TOOL
LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, announced today that it has invested in a new portfolio company, J&E Precision Tool (“J&E”). J&E is a leading precision manufacturer of components for the aerospace and defense industry.
LFM CAPITAL ADDS CONNER HARRIS TO THE TEAM
LFM Capital, a Nashville-based private equity firm, announced today that Conner Harris has joined the firm as a Director. Conner will be focused on transaction review and execution as well as portfolio company strategy, monitoring and support. He brings to the Fund more than nine years of private equity, banking and investment management experience where he was involved in more than 20 transactions.
LFM CAPITAL ANNOUNCES NEW HIRES
LFM Capital a Nashville-based private equity firm, announced today that John Patton has joined the firm as Business Development Manager and Wilson Ren has joined as a Senior Associate.
LFM CAPITAL ANNOUNCES OPERATING PARTNER ADDITION
LFM Capital, a Nashville-based private equity firm, is pleased to announce that Ken Hoefling has joined the firm as an Operating Partner. Ken brings to LFM substantial executive and leadership experience in diversified manufacturing and product engineering following a 30-year career at Caterpillar,the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives.
LFM CAPITAL ADDS NEW PORTFOLIO COMPANY SHOPSABRE
LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, announced today that it has invested in a new portfolio company, ShopSabre. The investment is the first from the firm’s second fund, which closed in October 2018 with $185 million of commitments. ShopSabre is a leading designer and manufacturer of CNC routers and plasma tables that are used in a variety of high-precision machining operations to cut wood, steel, aluminum and other metals.