Mill Point Capital invests in E&M Logistics

Jim Schubauer, who previously worked as president and CEO of a larger food distributor, will become executive chairman and CEO of E&M.

Mill Point Capital invested in E&M Logistics, Inc., which provides store delivery of ice cream, frozen and fresh foods and beverages. Mill Point is working with Jim Schubauer as executive partner on the deal. Schubauer, who previously worked as president and CEO of a larger food distributor, will become executive chairman and CEO of E&M once the deal closes.

Press Release

E&M Logistics, Inc. (“E&M”, or the “Company”), one of the nation’s leading direct store delivery (“DSD”) distributors of ice cream, frozen and fresh foods, and beverages, announced that it has partnered with Mill Point Capital LLC (“Mill Point Capital”), a middle-market private equity firm focused on control-oriented investments in the business services, industrials, and IT services sectors in North America.

The Mill Point team employs an Executive Partner model and has extensive experience investing in transactions in the distribution and business services sectors. For the E&M transaction, Jim Schubauer, an industry veteran with over 30 years of operating and management experience, will serve as Mill Point’s Executive Partner. Previously, Jim Schubauer served as the President and CEO of one the world’s largest premium food distributors, where he successfully professionalized a family-owned business through the expansion and refinement of overall operations. Jim Schubauer will serve as Executive Chairman and CEO of E&M upon the transaction closing, with the active support and insight of Martin Kelly, founder of E&M.

“The strength and depth of the entire senior management team at E&M is what makes this such a compelling opportunity. With Martin’s continued support and the strategic insight of Mill Point’s team, I am confident that E&M is uniquely positioned to further elevate its relationships with key suppliers and strengthen the Company’s core operating principle of flawless customer service,” commented Jim Schubauer.

Martin Kelly, Founder of E&M and member of the Board of Directors, added “It is clear to me and the senior team at E&M that Mill Point provides meaningful and relevant experience and resources that will help us build upon a successful platform with significant growth opportunities. I am eager to work alongside Jim and Mill Point to bring E&M into its next stage of profitable growth.”

“Under the leadership of Martin Kelly and his management team, E&M has grown into a true market leader in DSD distribution in the New York Metro area. We look forward to partnering with Martin, Jim, and the rest of the E&M team to execute on multiple growth opportunities and other strategic initiatives,” said Dustin Smith, Partner of Mill Point Capital.

About E&M Logistics, Inc.

Headquartered in The Bronx, NY, E&M is a leader in DSD distribution, serving as the exclusive DSD distributor of Nestlé frozen pizza, ice cream for Dreyer’s, Häagen-Dazs, Edy’s, Skinny Cow and other brands, as well as other fresh and frozen products, throughout the New York Metro area. The Company distributes to a diverse customer base comprised of grocery store chains, independent supermarkets, delis, drugstores, convenience store chains, and foodservice customers. Since the Company’s founding in 2006, E&M has been a top distribution partner to suppliers and retailers with a strong track record of dependability, reliability and consistency.

About Mill Point Capital

Mill Point Capital LLC is a private equity firm focused on control investments in lower-middle market companies in North America across the industrials, business services, and IT services sectors. Mill Point’s experienced team of investors and Executive Partners seek portfolio company value enhancement through rigorous implementation of transformative strategic initiatives and operational improvements. Mill Point is based in New York, NY. For more information, please visit www.millpoint.com.