BENCHMARK INTERNATIONAL FACILITATES SALE OF COATING & MOISTURIZING SYSTEMS TO GRACE HARBOR GROUP AND OSCEOLA CAPITAL MANAGEMENT
International M&A specialist, Benchmark International, has successfully negotiated the sale of Coating & Moisturizing Systems, Inc. (“CMS”) to Grace Harbor Group, Inc. and Osceola Capital Management, LLC.
Based in Gainesville, GA, CMS is a leading manufacturer of custom engineered roll coaters and moisturizers. The company has established a reputation for providing state-of-the-art equipment and customized solutions for several niche markets, including paper and paperboard converting, steel and aluminum coil coating, non-woven fabrics, textiles, and food packaging.
Grace Harbor Group is a Christian-owned and operated private equity firm out of St. Petersburg, FL with a focus on acquiring established businesses with under $3mm in EBITDA.
Investing out of its second fund, Osceola Capital Management is a private equity firm located in Tampa, FL with a focus on conscious investing and building lasting relationships with their co-investors and business owners.
CMS shareholder, Monty Sewell, notes that “Grace Harbor and Osceola really took their time to understand our business and get to know us individually—CMS will benefit from having such strong operational and equity backing and should be well-positioned to capitalize on the numerous growth opportunities ahead. We thank Benchmark for their guidance throughout the process.”
Benchmark Director Rob Di Pano added, “It has been a pleasure to represent CMS in this transaction. The company manufactures world-class equipment and we’re excited to see that this legacy will be preserved and enhanced through this partnership with Grace Harbor and Osceola. We wish the parties the best of luck moving forward. ”
ABOUT BENCHMARK INTERNATIONAL
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $5 billion across 30 industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 13 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses. For additional information, please visit www.benchmarkcorporate.com.