Emery Thompson
Company Description
Emery Thompson Machine & Supply Co. (“Emery Thompson” or the “Company”), founded in 1905 and headquartered in Brooksville FL, is an industry-leading U.S. manufacturer and provider of batch freezers and related parts, accessories, and services. Emery Thompson manufactures a full suite of batch freezers, which consists of smaller machines producing 2 quarts per batch to larger machines producing 44 quarts per batch – the largest batch freezer in the world. The Company has a reputation for delivering an exceptional customer experience with outstanding customer service and specialized training offerings.
Services Provided
MelCap served as the exclusive investment banker and financial advisor to Emery Thompson through the sale of the business. MelCap would like to thank Steve Thompson, President & Owner of Emery Thompson, for hiring MelCap to represent him in this transaction. It was an honor and pleasure to work with Steve and the Company throughout this exciting process.
Result
In an effort to achieve Steve’s goals and objectives and support the Company’s strategic growth plans, MelCap was able to successfully identify the ideal buyer for the business. As a result, Emery Thompson was sold to The Middleby Corporation [Nasdaq: MIDD] (“Middleby”), headquartered in Elgin, IL. As a multi-generational family business, it was important for Steve to find a buyer that would preserve and grow his family legacy, and Middleby was that buyer. Founded in 1888, Middleby is a world leader in manufacturing innovative cooking equipment for the commercial, residential, and industrial foodservice markets. The acquisition of Emery Thompson, which is highly synergistic with Middleby’s globally recognized Taylor brand, will position Middleby well to address growing customer demand in the frozen dessert market.
Client Quote
"Finding a proper buyer for your business and then completing the sale is not for the faint of heart! You need the team at MelCap. The amount of information needed to complete a sale is astounding. You just can't do it all on your own. I found there were questions - some financial - that I just could not have answered without MelCap’s guidance. In a reasonably short period of time, we went from: what is your company all about; to who would be interested in your business; to finding a suitable buyer; to performing the due diligence; to closing the deal. I didn't begin to have the hours in the day nor the knowledge to pull this off alone. People often say that a sale is good when both sides are mostly satisfied. Not me, I'm thrilled with the deal we struck and I firmly believe that our buyer feels the same way. Great Job MelCap! Thank you.".
Mr. Steve Thompson
President & Owner of Emery Thompson
About MelCap
MelCap (www.melcap.com) is an investment banking advisory firm specializing in providing high quality and innovative financial advisory services to middle market companies. Services provided include merger, acquisition, and divestiture advisory services, the private placement of senior debt, subordinated/mezzanine debt, and equity capital, and general advisory services including business valuations, restructurings, and feasibility assessments. In order to assist MelCap with securities related transactions, the investment bankers of MelCap are Registered Principals/Representatives of M&A Securities Group, Inc. (“MAS”), a FINRA broker-dealer firm.
About Globalscope Partners Ltd.
MelCap is also a partner in Globalscope Partners Ltd., (www.globalscopepartners.com), an international M&A network with 55 firms in 49 countries. Globalscope is a leading group of investment bankers and business advisors supporting clients in domestic and international M&A transactions.
Providing the Services Business Owners Need for Over Two Decades
At MelCap Partners, our team of experienced industry professionals has a high amount of respect for business owners making pivotal decisions — whether they’re selling their business or expanding. We do our best to provide services that honor the work they’ve put into building their business from the ground up.
We know the big events concerning your business are hard, especially if family is involved, and that’s why our team is ready to help so you don’t have to go through the process alone. We’ll help you navigate any challenges that come your way so you can successfully meet your goals and objectives.
If you’re ready for help taking the next step in pursuing your goals, we’d love to use our experience to get you there. We know that getting to this point hasn’t been easy and we’re here to walk you through the process. If you’re ready to start, we’d love to have you connect with one of our professionals today.
- Category: Food, Industrials, Sell-Side M&A