Manufacturer of equipment, industrial tanks, and wear parts for the maintenance and retrofitting of plants in the asphalt, energy, chemicals, and food & beverage end markets
Delancey Street Partners is pleased to announce that Meeker Holding Company, Inc. (“MHC”), and its two divisions, Meeker Equipment (“Meeker”) and Hamilton Tanks (“Hamilton”), have completed a majority recapitalization with Keswick Partners (“Keswick”). Delancey Street Partners served as exclusive advisor to MHC, managed a competitive M&A process, and negotiated the terms of the transaction.
Meeker Holding Company, Inc.
Sale to Keswick Partners
Sector: Industrial & Industrial Technology
Delancey Street Partners served as the exclusive financial advisor to Meeker Holding Company, Inc.
Delancey Street Partners is pleased to announce that Meeker Holding Company, Inc. (“MHC”), and its two divisions, Meeker Equipment (“Meeker”) and Hamilton Tanks (“Hamilton”), have completed a majority recapitalization with Keswick Partners (“Keswick”). Delancey Street Partners served as exclusive advisor to MHC, managed a competitive M&A process, and negotiated the terms of the transaction.
Meeker Holding Company, Inc.
Sale to Keswick Partners
Sector: Industrial & Industrial Technology
Delancey Street Partners served as the exclusive financial advisor to Meeker Holding Company, Inc.
Based in Belleville, PA, Meeker is a manufacturer of asphalt plant equipment and aftermarket parts, specializing in retrofitting equipment in hot mix asphalt facilities. Meeker’s in-house expertise includes engineering, design, production, inspection, and systems integration.
Based in Columbus, OH, Hamilton is a manufacturer of customized steel storage tanks for the energy, asphalt, chemicals, and food and beverage end markets. Hamilton’s tanks adhere to the rigorous quality standards of Underwriters Laboratories-142, Steel Tank Institute, American Petroleum Institute, and American Society of Mechanical Engineers.
Based in Tampa, FL and Charlotte, NC, Keswick Partners is a private equity firm founded to serve business owners and management teams in the lower middle-market. Keswick is investing out of its current $100 million fund, making majority and minority equity investments in niche manufacturing, specialty services, and value-added distribution companies across the United States with $2 million to $5 million of EBITDA.
Delancey Street Partners is an independent, industry-focused investment bank. We serve CEOs, Entrepreneurs, Shareholders, and Boards of Directors of high growth and middle market private and public companies. Our services include strategic advisory, capital raising, and independent board advice. We advise on sell-side and buy-side M&A, growth capital financings, and recapitalizations. Our focus sectors include Business Services & Technology, Healthcare, Industrial & Industrial Technology, and Infrastructure. We form long-term partnerships with our clients and commit to managing each engagement with senior professionals who bring years of experience and insight.
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