Grammer Industries, Inc. (Grammer) has announced its recapitalization by Linx Partners, LLC. Financial terms of this transaction have not been disclosed.
Grammer is a leading hauler of bulk hazardous and non-hazardous materials, known for its expertise in transporting anhydrous ammonia. Headquartered in its namesake town of Grammer, Indiana, the company is regarded for its industry leading safety record, top quality fleet and superior customer service. Grammer serves customers operating in industries such as agriculture, chemical manufacturing, energy production and fertilizer production. Charles Whittington, founder and CEO of Grammer, will continue to serve as the company’s CEO. Mr. Whittington stated, “I am impressed with Linx’s knowledge of the industry and commitment to growing this business. This company has a very bright future.”
Linx Partners, LLC. is a private equity investment firm that partners with family owners, entrepreneurs and management to acquire and grow middle-market industrial companies. Peter Hicks, Managing Director and founder of Linx Partners, commented, “Linx Partners looks forward to building on the company’s success and establishing Grammer as the leader in the domestic hauling of anhydrous ammonia and other bulk hazardous liquids. We appreciate Western Reserve’s professionalism and dedication to executing this transaction.”
Oaklins' team in Cleveland has served as the exclusive advisor to the seller in this transaction.
Mark A. Filippell
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