Company Description
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”).
Services Provided
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.
The Result
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.”
