Posts by Emily Kuznik
Industrial Distribution Update
Industry Recovery and Market Growth The industrial distribution sector is showing resilience as it continues to recover from the disruptions caused by the COVID-19 pandemic. By mid-2023, industrial production levels had largely rebounded to pre-pandemic standards, highlighting the sector’s adaptability in the face of global challenges. The global industrial distribution market, which was valued at…
Read MoreWater Safari Resort
Carleton McKenna is currently representing a second-generation, family owned and operated water park resort. Carleton McKenna (“CM&Co”) was engaged to run a full-scale sell-side transaction process, with the goal of maximizing valuation and preserving the family’s hard-earned legacy. After a comprehensive, custom-built and accelerated marketing process, CM&Co created a competitive bidding environment between multiple strategic…
Read MoreThe Private Equity Group Partnership: Part One
For business owners that are seeking liquidity but are not quite ready to sell control of their company and retire, one option is to sell a minority interest in the company to a professional investor such as a private equity group (“PEG”). The sale of the entire company can then be pursued three to five…
Read MoreAre Pets Becoming More Expensive?
Market Growth and Consumer Spending The pet industry has experienced robust growth, driven by increased pet adoption rates during the pandemic and a surge in consumer spending on pet care and products. In 2023, the industry saw significant expansion, with total spending on pet supplies, food, and services reaching record levels. This trend is expected…
Read MoreMedical Devices | To Export or Not to Export
Industry Challenges and Market Dynamics The medical devices manufacturing industry has been grappling with a steady decline over the past five years, driven by several factors including post-pandemic supply chain disruptions, shorter product life cycles, and the rising costs of developing new technologies. As the healthcare system adapts to the needs of an aging population,…
Read MoreWebster Industries & MPE Partners
In February 2024, CM&Co represented Webster Industries (“Webster”), a market-leading manufacturer of engineered class chain, sprockets and vibratory equipment for material handling and power transmission application across diverse industrial end markets, in its sale to MPE Partners. In order to facilitate a successful sale process, CM&Co strategically positioned Webster to showcase various premium valuation-driving attributes.…
Read MoreAcquirers Remain Thirsty for Craft Beer
Selective Thirst Leads to Strategic M&A The craft brewery and alcoholic beverage industry saw continued consolidation in 4Q23, driven by strategic buyers aiming to expand geographic reach, diversify product portfolios, and enhance production capabilities. Large and regional brewers, as well as non-craft businesses like Tilray and Bayou City Hemp, are entering the craft market, signaling…
Read MoreCommercial Fluid Power
In July 2023, Commercial Fluid Power (“CFP”) was acquired by leading international supplier of carbon and alloy mechanical tubing and fluid power products, National Tube Supply. CFP is a national, fully-integrated supplier providing finished machining, warehousing, repair and distribution services for specialty tubing and bar products related to hydraulic applications. Carleton McKenna was engaged by…
Read MoreMillman National Land Services
Based in Canton, OH, Millman Surveying, Inc. (“Millman”) is a leading provider of comprehensive national land services, including ALTA and NSPS surveys, telecommunications/cell tower surveys, zoning reports and real estate compliance solutions. Carleton McKenna was engaged by Millman to run a full-scale sell-side transaction process, with the goal of maximizing valuation and preserving the Company’s…
Read MorePrecision Component
Precision Component Industries (“PCI”) was acquired by Ohio Gratings in February of 2023. Precision Component Industries operates a full-service manufacturing enterprise specializing in high precision, low volume, complex configurations. PCI maintains a longstanding reputation in the manufacturing community for its high-quality processes, talented workforce, specialized facility and highly custom capabilities. PCI serves blue chip customers…
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