PE Deals

LFM Capital invests in holding company Accelevation

Baird Business Owner Solutions acted as financial advisor and Robbins, Kelly, Paterson & Tucker acted as legal advisor to Accelevation.

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  • Bass, Berry & Sims acted as legal counsel to LFM
  • Accelevation’s subsidiary divisions include Conatech and SkyLab
  • LFM targets lead or control investments in U.S.-based lower middle market manufacturing and industrial services companies

LFM Capital has invested in Accelevation LLC, a Springboro, Ohio-based group of manufacturing companies serving the data center, electric vehicle and robotic markets. No financial terms were diclosed.

Accelevation’s subsidiary divisions include Conatech, a leading provider of containment and infrastructure solutions to the data center market, and SkyLab, a provider of extrusion components and in-plant material management and engineering support to advanced manufacturing facilities.

LFM Executive Managing Director Steve Cook said in a stateent, “We were extremely impressed with Accelevation’s management team as well as the company’s notable recent performance. Further, we felt an immediate cultural fit with LFM given our aligned core values of integrity and trust. We look forward to partnering with Michael and the rest of the Accelevation team to enable continued high growth.”

Associate Jack Jeffrey worked with Cook and Lin on the investment from LFM. Jessica Ginsberg, LFM Managing Director, Business Development, helped source the opportunity. Baird Business Owner Solutions acted as financial advisor and Robbins, Kelly, Paterson & Tucker acted as legal advisor to Accelevation. Bass, Berry & Sims acted as legal counsel to LFM.

LFM Capital is a private equity firm based in Nashville. LFM targets lead or control investments in U.S.-based lower middle market manufacturing and industrial services companies with at least $3 million of EBITDA and enterprise values ranging from $15 million to $125 million.