Investment in Central Conveyor Company
Baird served as an advisor to New State Capital Partners, LLC on this transaction.
AboutNew State Capital Partners, LLC (“New State Capital”) recently completed an investment in Central Conveyor Company (“Central Conveyor” or “the Company”). Terms of the transaction were not disclosed.
Central Conveyor is a leading designer and integrator of custom material handling and storage retrieval systems and automated conveyance solutions. The Company leverages its extensive system design, engineering, project management and system start-up skills and experience to produce both standalone systems and fully integrated solutions for existing manufacturing lines. Central Conveyor’s core service offerings include system integration and layout design services, mechanical and electrical system repair and installation, health assessments of existing systems, and ongoing service and maintenance. The Company is headquartered in Brighton, Michigan.
New State Capital is a private equity firm that provides flexible capital solutions to business services, healthcare services and industrial companies. New State brings deep investment experience, including the structuring of control and growth buyouts, co-investments, shared governance, corporate carve-outs, preferred/junior debt and restructurings. New State Capital is headquartered in New York, New York with an office in Dallas, Texas.
For additional information about this transaction, please contact:
- December 2014
- New State Capital Partners, LLC
- Target Location
- North America
- Acquiror Location
- North America