Hanline Group
Company Description
The Hanline Group (“Hanline” or “the “Company”), is a trusted fresh produce supplier to some of the most reputable food service, retail, food manufacturing, and wholesale distribution companies in the United States. Headquartered in Shelby, Ohio, with locations in Cedar Rapids, IA and Romulus, MI, Hanline is one of the largest value-added produce distributors and processors (e.g., tomatoes, potatoes, onions, avocados, etc.) in the Midwestern United States.
Services Provided
MelCap Partners served as the exclusive investment banker and financial advisor to Hanline in an extensive acquisition search to help expand the Company’s geographic reach, particularly in the Southeastern United States. We’d like to thank Hanline for hiring MelCap Partners to assist them throughout the acquisition process.
Result
MelCap’s concerted buy-side search efforts led to the identification and acquisition of Vidalia Valley, LLC, Vidalia Onion Farms, LLC, and certain assets of Stanley Farms LLC (collectively, “Vidalia Valley” or the “Target”). Based in Lyons, Georgia – the heart of Vidalia Onions Country – Vidalia Valley is one of the country’s premier onion distributors, and producers of bottled sauces, dressings, and salsa. The Target also engages in the IQF of diced Vidalia Onions.
Client Quote
"We are excited about broadening our geographic positioning in the food and logistics space. This partnership with Vidalia Valley allows for us to continue our ambitious strategic goals of being a preferred partner to the best retail, foodservice, and industrial food manufacturing companies in the country. MelCap was an incredible asset in facilitating this deal, and we could not be here without their support and counsel".
Mr. Tommy Rowlands
Co-CEO of Hanline Group
About MelCap Partners, LLC
MelCap Partners (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 Partners 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 Partners 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: Buy-Side M&A, Food, Specialty Distribution