Selinsky Force LLC (the “Company” or “Selinsky”) is a leading provider of a wide range of services including refractory, equipment rental, plant maintenance, steel erection, and pulverizer services. The Company has made a strategic decision to divest its rigging, crane, and hauling division (“Rigging Division”).
MelCap Partners, LLC (“MelCap”) successfully represented Selinsky in the sale of its Rigging Division. As the Company’s exclusive investment bankers through this process, MelCap assisted Selinsky in divesting the Rigging Division to the most logical strategic buyer.
In order to focus on the continued growth and expansion of its core industrial services business, MelCap sold the Rigging Division operations of Selinsky to Barnhart Crane and Rigging Co., a leading lifting and logistics contractor located in Memphis, TN, with over 50 facilities across the U.S.
“We greatly appreciate the time and effort that MelCap’s team put into keeping the lines of communication going between all parties and keeping the negotiations on track and on time. We are extremely excited that this deal has been finalized, which will now allow our Rigging group to continue to grow and prosper under Barnhart, while allowing Selinsky to focus and grow its core maintenance services and rental business to its full potential.”
Ms. Lori Scott
Selinsky Force’s Vice President of Finance & CFO
Providing the Services Business Owners Need For Nearly 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: Construction and Building Products, Sell-Side M&A