| MCM Capital Partners Sells Amrep To Zep (NYSE: ZEP) |
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MCM Capital Partners is pleased to announce the successful sale of Amrep, Inc., Atlanta-based manufacturer of specialty chemicals serving the industrial, janitorial, and automotive maintenance markets to Zep, Inc.  MCM was partners in the transaction with Blue Point Capital, another leading private equity firm based in Ohio. Total enterprise value for the transaction approximated $74 million.
At the time of purchase the Company was generating $45 million in revenue and was looking to grow organically and through acquisition. During our ownership Amrep executed an add-on acquisition of Jacksonville-based Petro Chemical adding $30 million of revenue. Additionally, the business showed substantial organic growth achieving in excess of $100 million in revenue at the time of sale.
MCM continues to seek acquisitions with the following characteristics:
Types of Businesses: niche manufacturers, value-added distributors, specialty service businesses
Sales: $15 million to $75 million
EBITDA Margins: Greater than 12%
Geography: North America
MCM will continue to pay standard intermediary fees for any introduction that culminates in a transaction.
Regards, |
| About Us
MCM Capital Partners, founded in 1992, is a Cleveland, Ohio based microcap leverage buyout fund investing in lower middle-market companies generating revenues between $15 million and $75 million. Over the years, MCM has successfully partnered with strong management teams in buyout and recapitalization transactions of niche manufacturing of highly engineered components serving OEMs, specialty service, and value-added distribution companies.
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