Deal Announcement
BellMark Partners, LLC (“BellMark”) advised PEBCO, Inc. (“PEBCO” or “the Company”), in its acquisition by Conveying Components Group, LLC (“CCG”). Headquartered in Overland Park, Kansas, CCG, through its brands JL Components and Lorenz Conveying Products, is a comprehensive provider of material conveying components in North America and a portfolio company of B12 Capital Partners.
Business Description
Headquartered in Paducah, Kentucky, PEBCO is a leading designer and manufacturer of highly engineered dry bulk material handling equipment, serving a diverse customer base of OEMs, end users, and process engineering firms across a broad range of industrial end markets. Its product offerings include slide gates and valves, diverters, dustless loading equipment, fluidized conveyors, mass flow feeders, loadout systems, controls and automation, and aftermarket spare parts. PEBCO’s products are supported by significant in-house engineering and manufacturing capabilities and a portfolio of more than 130 proprietary equipment designs, with approximately 75% of original equipment sales consisting of customized equipment. The Company employs 42 people and operates its corporate headquarters and manufacturing facilities in Paducah. Founded in 1977, PEBCO has built a longstanding reputation for solving complex material handling challenges through its application engineering expertise, high-quality equipment, and durable customer relationships.
Transaction Description
BellMark acted as the Company’s exclusive financial advisor in connection with this transaction. BellMark was selected by the Company due to its commitment to providing senior-level attention to transaction execution, experience with family and entrepreneur-owned businesses, and strong industry experience across industrial equipment manufacturing.