Tipton Mills Management Purchases Company from Compass Group Equity Partners
September 1, 2019
Tipton Mills, a Columbus, Indiana-based contract manufacturer of powdered food and beverage blends, was sold by Compass Group Equity Partners to the company’s current management team in a management buyout. Compass Group, which acquired Tipton Mills in 2015 and supported growth and a plant expansion, exited the investment after more than doubling the business’s revenues.
- Buyers
- Tipton Mills management team
- Targets
- Tipton Mills
- Sellers
- Compass Group Equity Partners
- Industry
- Food & Beverage
- Location
- Indiana, United States
- Transaction Type
- Divestiture
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