Mytee, LLC Acquires Majority Stake in Square Scrub, LLC
January 11, 2023
Mytee, LLC (a portfolio company of Dry Fly Capital) has acquired a majority stake in Square Scrub, LLC, a Jonesboro, Arkansas manufacturer of hard-surface floor cleaning machines. The transaction was supported by mezzanine debt and a minority equity investment from First Capital Partners in partnership with Dry Fly Capital and UMB Capital Corporation; Square Scrub founders Kevin and Renee Brady will remain involved as shareholders.
- Buyers
- Mytee, LLC, Dry Fly Capital, First Capital Partners, UMB Capital Corporation
- Targets
- Square Scrub, LLC
- Sellers
- Kevin Brady, Renee Brady
- Platforms
- Mytee, LLC
- Industry
- Manufacturing
- Location
- Arkansas, United States
- Transaction Type
- Addon
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