Linx Partners Recaps Grammer Industries

Linx Partners has backed the recapitalization of Grammer Industries. Western Reserve Partners served as exclusive investment banker to the transaction. Grammer is a hauler of bulk hazardous and non-hazardous materials.


Western Reserve Partners LLC announced today that it served as the exclusive investment banker to Grammer Industries, Inc. in its recapitalization by Linx Partners, LLC. The transaction was led by Managing Director Joseph Carson and Director Kevin White of Western Reserve’s Industrial Group, supported by Vice President Matthew Mueller and Associate Thomas Creegan. Grammer is a leading hauler of bulk hazardous and non-hazardous materials, known for its expertise in transporting anhydrous ammonia. Headquartered in its namesake town of Grammer, Indiana, the company is regarded for its industry-leading safety record, top-quality fleet and superior customer service. Grammer serves customers operating in industries such as agriculture, chemical manufacturing, energy production and fertilizer production. Mr. Carson said, “We are proud to represent Grammer’s shareholders and delighted that we were able bring the Linx and Grammer teams together in this transaction.” Mr. White added, “With significant experience in the transportation and hauling industry, Linx will be a great partner for Grammer. The partnership will undoubtedly allow Grammer to bolster its position of leadership in the industry.” Charles “Shorty” Whittington, Founder and CEO of Grammer, will continue to serve as the company’s CEO. Mr. Whittington stated, “I am impressed with Linx’s knowledge of the industry and commitment to growing this business. This company has a very bright future.” Mr. Whittington remarked, “The leadership and advocacy of Western Reserve resulted in an optimal outcome for Grammer’s shareholders and management team.” Peter Hicks, Managing Director and Founder of Linx Partners, commented, “Linx Partners looks forward to building on the Company’s success and establishing Grammer as the leader in the domestic hauling of anhydrous ammonia and other bulk hazardous liquids. We appreciate Western Reserve’s professionalism and dedication to executing this transaction.” About Western Reserve Partners LLC Western Reserve Partners LLC provides M&A, capital raising and other financial advisory services to middle market companies across a focused set of industry verticals, including industrial, business services, consumer, healthcare, technology and real estate. With over 30 professionals in three offices (including affiliates), Western Reserve delivers thoughtful advice, keen market insight and superior execution to its clients, both nationally and internationally. Western Reserve’s managing directors average nearly 30 years of experience and have directly executed more than 600 transactions throughout their careers. Western Reserve is a member of M&A International, the world’s largest alliance of investment banking firms, as well as World Services Group, a global consortium of middle market focused law firms and other advisors, which provides unparalleled access to global companies and investors. We are a FINRA-member broker / dealer and member of SIPC. About Linx Partners, LLC Linx Partners is a private equity investment firm that partners with family owners, entrepreneurs and management to acquire and grow middle-market industrial companies. Utilizing the strategic, operational and financial skills of its team, Linx Partners is committed to working with management teams to expand and increase the value of companies in which it invests. Linx Partners has offices in New York and Atlanta. About Grammer Industries, Inc. Headquartered in south-central Indiana, Grammer supplies transportation services for industrial, agricultural and retail suppliers. Grammer specializes in transporting anhydrous ammonia, liquefied petroleum gases, carbon dioxide, nitric acid and bulk liquid corrosive hazardous waste throughout the eastern half of the United States. Grammer has grown from a strong core of transporting agricultural goods to an industry leader in a wide variety of specialized transportation, safety, training, emergency response, installation and facility management. For more information, please contact: Joseph Carson 216-574-2102 Kevin White 216-589-9536 # # # The testimonials presented are applicable to the individuals depicted but may not be representative of the experience of others.