DENVER – SLATE Partners (SLATE) announced today that its Principals advised Mid America Metals, LLC (MAM), headquartered in Ozark, Missouri, on its recapitalization with Gen Cap America, a Tennessee-based private equity firm.
MAM is a one-stop provider of architectural restoration and related maintenance services for stone, metal, wood and glass surfaces. Serving owners and managers of commercial properties in attractive markets across the nation, all the Company’s revenue is derived from maintenance and renovation work, with the majority coming from contracts for regular, routine maintenance services.
“MAM drew strong interest from investors, given the Company’s recurring and contractual revenue streams, leading market position, value-driving services, and established customer relationships. We expect both strategic and financial investors to remain interested in companies within the facilities services sector, particularly those with dynamics similar to MAM,” commented Jason Munoz, co-founder and Managing Partner of SLATE.
Dale Donat, MAM’s CEO, remarked, “After vetting several investment banks, I chose SLATE Partners because of their experience in the building services sector, their overall M&A expertise, and their impressive team of bankers. The SLATE team did an excellent job guiding us through the recapitalization process and were very easy to work with. They worked hard from start to finish and were looking out for my best interests at all times. SLATE exceeded my expectations and I would highly recommend their services.”
MAM was supported in the transaction by its accounting firm, RubinBrown LLP, and received legal counsel from Husch Blackwell LLP.
