LFM Capital Adds New Portfolio Company: Accelevation, LLC
NASHVILLE, TN – August 30, 2022 – LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, announced today that it has invested in Accelevation LLC (“Accelevation”). Accelevation will be the third portfolio company in LFM’s third fund. Financial terms of the transaction were not disclosed.
The LFM Quarterly // Recognizing Excellence
LFM Capital, founded by engineers and former operators, always strives for excellence in both our internal processes and across our portfolio companies. This year, we introduced a portfolio-wide program to recognize standout team members within our portfolio companies across two categories: the Extra Mile Award and the Best Continuous Improvement Project. Winners received a special one-time bonus. We look forward to continuing to grow this program in years to come.
LFM Capital Announces New Investment in Attachment Manufacturer: IronCraft
NASHVILLE, TN – August 18, 2022 – LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, announced today its investment in IronCraft, LLC (“IronCraft”). The transaction closed in November 2021 and the terms of the transaction were not disclosed.
LFM Capital Announces Sale of Pratt Industries, LLC
NASHVILLE, TN – August 9, 2022 – LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, announced today the sale of Pratt Industries LLC’s large custom and specialty utility trailer lines of business. Terms of the transaction were not disclosed.
Steve Cook and the Making of an Operator-First Private Equity GP
My guest today is Steve Cook, Executive Managing Director at LFM Capital. LFM is a Nashville-based private equity firm founded by operators and engineers. Their focus is on niche manufacturing and industrial services businesses. LFM was founded in 2014 to invest in private, lower-middle-market manufacturing companies. Steve co-founded LFM Capital and brings over 29 years of operating experience, having served in a variety of senior executive and functional roles in manufacturing, supply chain, engineering, technology, and sales.
SureKap Names Mike May as Chief Executive Officer
SureKap, LLC, 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 Capital Adds New Portfolio Company: Novex, Inc.
NASHVILLE, TN – June 28, 2022 – LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, announced today that it has partnered with Novex, Inc. (“Novex”). Chuck Lynn, Novex Founder and CEO, and his family will continue to be substantial investors in the business alongside LFM. Novex will be the second portfolio company in LFM’s third fund. Financial terms of the transaction were not disclosed.
LFM Capital Completes Sale of Vektek
NASHVILLE, TN – May 10, 2022 – LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, announced today the sale of Vektek, LLC (“Vektek”). Terms of the transaction were not disclosed.
