CHILDS COMPANY ADVISES MAC & MASSEY LLC

 

Atlanta, GA., September 4, 2007 - Mac & Massey LLC, one of the country’s largest distributors and brokers of food ingredients, recently announced that High Street Capital (www.highstreetcapital.com) , a private equity firm based in Chicago, took a majority interest in the business. Childs Company advised the sellers.

Tim Cambias, Sr., founder of Mac & Massey, sought a transaction whereby he could achieve personal diversification, allow the next generation of management to assume formal leadership and position the business for future growth. The company, with High Street, plans to pursue an expansion strategy which will include organic growth in addition to growth through acquisitions.

In partnership with senior management, Childs Company helped integrate the two business units’ strategies into a cohesive strategic plan and undertook a search to find the right private equity partner. Once High Street was selected, Childs Company helped structure the transaction to achieve the objectives of both the founder of the company as well as its CEO, Randy Cimorelli, a veteran of the industry.

About Childs Company

Childs Company provides investment banking and strategic consulting services to premier middle market services firms. The Partners of Childs Company have both operating and advisory experience and have closed over $4 billion in transactions. For further information please visit us at www.childscompany.com.

 

For further information, please contact:

Jim Childs, Managing Partner P: (770) 500-3611 F: (770) 500-3610 E: jchilds@childscompany.com

Melanie McFaddin, Partner P: (571) 282-3617 F: (571) 282-3618 E: mmcfaddin@childscompany.com

 

Childs Company
10 Glenlake Parkway, Suite 300, Atlanta, Georgia 30328
www.childscompany.com