Bettcher Industries

Company Overview

Developer and manufacturer of innovative equipment for the food processing, foodservice, industrial, and medical markets.

Investment Status
Active. Seeking add-on acquisitions to enter new market segments, add new capabilities, and expand geographically.
Transaction Overview

Recapitalization of Bettcher Industries, Inc., followed by the acquisition of Cantrell. Bettcher’s ESOP, Cantrell’s selling entrepreneurs, and the management teams of both companies invested in the transaction.

Investment Thesis
  • Global market leader of highly engineered products and solutions
  • Compelling value proposition increasing yield and thus profitability for customers
  • Numerous avenues for organic sales growth, including expanding into new geographies, adding new product types, and increasing technology adoption
  • World-class, technology-driven manufacturer
  • Opportunity to grow a leading poultry equipment and parts group
  • Continue to invest in engineering resources and manufacturing technology
Website
MPE Partners Contacts: Peter Taft, Karen Tuleta, Matt Yohe and Constantine Elefter
Headquarters:
Birmingham, OH
Sector:
High-Value Manufacturing (Food and Medical)
Transaction Type:
Leveraged Recapitalization
Investment Year:
2017
Fund:
MPE Partners II, L.P.