FECON ANNOUNCES PURCHASE OF THE VERMEER FORESTRY MULCHING PRODUCTS AND ENTERS INTO GLOBAL DISTRIBUTION AGREEMENT
February 1, 2021 (Lebanon, OH) -- Fecon LLC announces the purchase of the Vermeer forestry mulcher product line and through this arrangement has established a global distribution agreement with the company. This distribution agreement with Vermeer, which will be rolled out on a controlled basis throughout 2021, will provide their dealers access to the robust line of mulching equipment that leverages the best of Vermeer and Fecon mulching technology.
LFM CAPITAL ADDS NEW PORTFOLIO COMPANY: DIAMABRUSH
NASHVILLE, TN - September 29 2020 – LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, announced today that it has partnered with management and made an investment in Diamabrush, a new LFM portfolio company.
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 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.
ECKHART ACQUIRES INDIANA-BASED GASPER ENGINEERING
Eckhart, Inc. announced today that it has acquired Gasper Engineering, a full service industrial automation systems integrator and specialty machine builder located in North Vernon, Indiana. Eckhart is an Industry 4.0 leader that designs, builds, and integrates turn-key systems for the largest industrial companies in the world.
ECKHART ACQUIRES MINNEAPOLIS-BASED PRI ROBOTICS & AUTOMATION
Eckhart, Inc. announced today that it has acquired PRI Robotics & Automation, a specialty robotic systems integrator located in Plymouth, Minnesota. Eckhart is an Industry 4.0 leader that designs, builds, and integrates turn-key systems for the largest industrial companies in the world. Eckhart’s suite of solutions includes AUTOCRAFT™ autonomous guided vehicles, collaborative robotics, 3D printing, automated conveyance & assembly systems, mechanical & electrical design services, simulation, and specialized ergonomic assembly line tools and equipment.