MFG Partners and Merit Capital Partners have sold Elgen Manufacturing Company to Worthington Enterprises
MFG Partners and Merit Capital Partners have successfully completed the sale of Elgen Manufacturing Company to Worthington Enterprises (NYSE: WOR).
Headquartered in Closter, New Jersey, USA, Elgen is a leading manufacturer and supplier of heating, ventilation and air conditioning (HVAC) parts and components, ductwork and structural framing, primarily used in commercial buildings throughout North America.
Worthington Enterprises is a designer and manufacturer of market-leading brands that improve everyday life by elevating spaces and experiences. The company operates through two primary business segments: building products and consumer products.
MFG is a New York-based private equity firm that invests in manufacturing, value-added distribution and industrial services companies. Merit Capital is a Chicago-based private equity firm providing flexible capital solutions to privately-owned businesses across a range of sectors, including industrials, distribution, logistics and business services.
Oaklins TM Capital, based in the USA, served as the financial advisor to Elgen, a portfolio company of MFG and Merit Capital, in its sale to Worthington Enterprises.
Contacter l'équipe de la transaction
Jarrad Zalkin
Oaklins TM Capital
James S. Grien
Oaklins TM Capital
Vidur Kapur
Oaklins TM Capital
Tabb Neblett
Oaklins TM Capital
Transactions connexes
TEAM Safety Services Limited has been acquired by Vadella Group
TEAM Safety Services Limited, a leading UK-based health, safety and fire safety consultancy, has been acquired by Vadella Group, a specialist provider of inspection-led compliance services for the built environment.
En apprendre plusSunrise Eggs has been acquired by Agrova International
Sunrise Eggs, one of the UK’s best-established independent egg producers and distributors, has joined Agrova International AS, a European poultry and agri-foods group.
En apprendre plusBrand Group has acquired The Natoon Group
The Natoon Group has been acquired by Brand Group. This acquisition represents a significant strategic move that will help establish new, robust and stable growth channels. The transaction is intended to expand Brand Group’s revenues through service companies with recurring and predictable income streams supported by long-term contracts. As part of the agreement, Natoon’s senior management will continue to lead the company’s growth.
En apprendre plus