Croft & Bender

Croft & Bender is pleased to provide its Q4 2024 Market Report. This report offers insights into key capital market trends, economic data, public trading multiples, and M&A activity across select industry groups. If we can assist your client, business, or portfolio company, please feel free to contact us at (404) 841-3131.

Croft & Bender is pleased to announce the successful sale of Creative Laboratories Inc. and United Hair Care, Inc. to Gemspring Capital. Founded in 1988 and headquartered in Eagan, MN, Creative Labs is a premier full-service developer and manufacturer of skincare and haircare products across professional, retail, and e-commerce channels. The Company uniquely offers the full spectrum of end-to-end product creation, including research & development, product testing, manufacturing, bottling & labeling, and marketing & branding, allowing it to quickly respond to emerging consumer preferences. Leveraging its efficient and automated manufacturing capabilities, Creative Labs delivers innovative proprietary brands as well as private label products for partners.  Following the transaction, President Brett Simmons will continue to lead the Company and is excited about the growth opportunities in partnership with Gemspring.  We were proud to serve as the exclusive financial advisor to Creative Labs throughout this transaction. Congratulations to Brett Simmons and the entire team at Creative Labs—we look forward to seeing your continued success! For more information, please reach out to Neale Fisher or Connor B. at Croft & Bender. #MergersAndAcquisitions #InvestmentBanking #PrivateEquity #CroftAndBender #ConsumerProducts #Skincare #Haircare

Croft & Bender is pleased to announce the sale of Anduro Manufacturing to Five Star Holding, a portfolio company of TJC. Anduro, a leader in flexible packaging for pet food and consumer products, strengthens Five Star’s supply reliability and advances sustainability through post-consumer resins, compostable films, and closed-loop programs. Croft & Bender served as the exclusive financial advisor to Anduro. For more information, please contact Ronnie Goldman or Matt Veal. #MergersAndAcquisitions #InvestmentBanking

We are excited to announce that Croft & Bender served as the exclusive financial advisor to Fumex Air Filtration Systems, a portfolio company of Route 2 Capital Partners, in its sale to Vance Street Capital. Founded in 1986 and headquartered in Kennesaw, GA, Fumex is a leader in air filtration systems, providing advanced extraction solutions for industrial and healthcare applications. This transaction marks an exciting new chapter for Fumex as it continues to grow under the leadership of Kevin East and the support of Vance Street Capital. Congratulations to Bo Briggs, Matt Veal, and Brad Germany for their efforts in delivering an outstanding outcome for Fumex and its shareholders. #MergersAndAcquisitions #InvestmentBanking #CroftAndBender #PrivateEquity #DealAnnouncement

We are excited to announce that Croft & Bender served as the exclusive financial advisor to Fumex Air Filtration Systems, a portfolio company of Route 2 Capital Partners, in its sale to Vance Street Capital. Founded in 1986 and headquartered in Kennesaw, GA, Fumex is a leader in air filtration systems, providing advanced extraction solutions for industrial and healthcare applications. This transaction marks an exciting new chapter for Fumex as it continues to grow under the leadership of Kevin East and the support of Vance Street Capital. Congratulations to Bo Briggs, Matt Veal, and Brad Germany for their efforts in delivering an outstanding outcome for Fumex and its shareholders. #MergersAndAcquisitions #InvestmentBanking #CroftAndBender #PrivateEquity #DealAnnouncement

We’re pleased to share our Q3 2024 Market Report, featuring key trends in capital markets, M&A activity, and public trading multiples across select industries.

Croft & Bender is excited to announce the successful recapitalization of Covan’s Insulation Company, Inc. by BrandSafway, a portfolio company of Clayton, Dubilier & Rice and Brookfield Asset Management. Covan’s, founded in 1985 and headquartered in Honea Path, SC, is a market leader in industrial insulation installation, scaffolding, and asbestos abatement services across the Carolinas and Georgia. Covan’s is widely respected for its deep expertise and strong customer relationships. Croft & Bender served as the exclusive financial advisor to Covan’s. For more information, contact Steve Tye, Neale Fisher, or Brad Germany. #investmentbanking #mergersandacquisitions #middlemarket #recapitalization #insulation #industrialservices

Croft & Bender is excited to announce the successful recapitalization of our client, LEHMAN PIPE & PLUMBING SUPPLY LLC, by Rotunda Capital Partners. Founded in 1946 and headquartered in Miami, FL, Lehman Pipe is a leading distributor of pipes, valves, and fittings (PVF) to the South and Southwest Florida, Caribbean, and Latin American markets. Known for its exceptional customer service and strong culture, the company has built a stellar reputation over the decades. Dennis Lehman, son of founders Julian and Betty Lehman, will remain with the Company as Senior Advisor. Josh Aberman will continue to lead the operations of the Company as CEO and is excited about the opportunity to continue to grow the company in partnership with Rotunda. We are proud to have served as the exclusive financial advisor to Lehman Pipe during this transaction. For more information, contact Bo Briggs, Neale Fisher, or Brad Germany. #investmentbanking #recapitalization #CroftBender #privateequity #PVF #transactions #growth

Croft & Bender, a leading middle market investment banking firm, is pleased to announce the successful sale of its client Sushi Avenue to Sojitz Corporation. Headquartered in Eagan, Minnesota, Sushi Avenue is a leading franchisor of turnkey sushi kiosk programs and services to supermarkets, universities, and corporate foodservice establishments throughout the United States. The Company provides all essential ingredients, packaging, equipment, and marketing materials to franchisees operating in more than 300 locations across 22 states. As a trusted partner to numerous blue-chip national and regional supermarket chains, Sushi Avenue is recognized as a premium provider of restaurant-quality sushi. Croft & Bender served as the exclusive financial advisor to Sushi Avenue on the transaction. For more information, please contact Neale Fisher or Connor B..

Yesterday, an incredible announcement was made showcasing LEHMAN PIPE & PLUMBING SUPPLY LLC's dedication to our employees, customers, and supported markets. A special "THANK YOU" to Bo Briggs, Neale Fisher, Brad Germany, Joseph Milosch, and Rasmus Eriksson at Croft & Bender for authentically representing our culture, values, and objectives. Through their efforts, a remarkable business partnership with Rotunda Capital Partners was formed. This new alliance will elevate our success to new heights, bringing forth exciting opportunities for our employees, customers, and business partners. #Partnership #Success #Gratitude