Smith & Oby Company
The Smith & Oby Company is a leading mechanical contractor in the Midwest, providing a variety of valuable technical services and core capabilities, which include plumbing and process piping, HVAC installation, repair and maintenance services, sheet metal fabrication, project budgeting and estimating, and engineering and 3D-Building Information Modeling. The Company primarily serves the healthcare, education, commercial & industrial, and civic end markets.
MelCap Partners served as Smith & Oby’s exclusive investment banker and financial advisor in the sale of the business. We’d like to thank Mr. Mike Brandt, President & CEO, Ted Macfarlane, CFO, and the other shareholders, for hiring MelCap Partners to represent the Company in this once in a lifetime transaction. It was an honor and pleasure to work with them throughout this exciting process.
In an effort to provide the shareholders with liquidity, and to continue to support Smith & Oby’s strategic growth plans, MelCap was able to successfully identify the best partner for the business. As a result, Smith & Oby was sold to McNally Capital headquartered in Chicago, IL. McNally Capital is a family-owned private equity firm targeting thesis-driven investments in the U.S., specifically in founder and management owned companies.
"I would like to thank MelCap Partners for assisting us during our transaction. Selling a company is very stressful and having the experience of the MelCap team made it a lot easier for us. Their attention to detail and expertise exceeded our expectations. I don't think we could have gotten this deal done as efficiently as we did without them."
Mr. Mike Brandt
President & CEO of Smith & Oby
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: Construction and Building Products, Industrials, Private Equity, Sell-Side M&A