Indianapolis, Indiana – Quarton International is pleased to announce that Fecon Incorporated (“Fecon”) has been acquired by LFM Capital (“LFM”). Quarton International acted as the exclusive investment banking advisor to Fecon in this transaction.
Since 1992, Fecon Inc. has been a leading manufacturer of heavy-duty forestry equipment and related forestry attachments and accessories in North America. Fecon’s line of branded and private label equipment includes carriers, mulching attachments, tree stump grinders, seeding applicators, other specialty products and replacement parts. Fecon serves customers in a wide range of end markets requiring land clearing and environmental restoration services. Throughout its history, Fecon has developed an outstanding reputation for delivering the broadest variety of purpose-built forestry mulching products through a commitment to superior engineering and design and continual product improvement. Fecon is headquartered in Lebanon, Ohio. More information: www.fecon.com.
LFM Capital is a private equity firm focused on lower middle market U.S. manufacturing and industrial services companies. The LFM team is led by experienced and successful Fortune 50 global executive managers and private equity professionals who bring decades of management leadership, operating best practices, exceptional professional recruiting networks, and a successful track record in lower middle market investing. LFM partners with management teams to drive business value through a combination of manufacturing and operations excellence, world-class executive management, and targeted growth and expansion strategies. LFM is based in Nashville, Tennessee. More information: www.lfmcapital.com.