Private Equity Firm Other

LFM Capital

Nashville, Tennessee, United States

Value-added private equity investor based in Nashville, TN focused on niche manufacturing and industrial services businesses. Partners with management to develop and build world-class operations and drive long-term value.

Focus Areas
Niche manufacturing, Industrial services

Tracked deals

39

39 tracked deals across 2017-2026.

Recent pace

5

5 tracked deals announced in the last 12 months.

Deal mix

Buyout

20 buyout · 18 addon · 1 growth capital

LFM Capital Acquisition Volume by Year

Last 9 years

Acquisition volume by year Annual acquisition counts for the last 9 years for LFM Capital. 1 2017 2 2019 3 2020 3 2021 7 2022 8 2023 7 2024 6 2025 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 39 tracked deals for LFM Capital.

  • Buyer
    LFM Capital
    Target
    L&R Industries, LLC

    LFM Capital, a lower middle-market private equity firm focused on manufacturing and industrial services, announced it has invested in L&R Industries, LLC. L&R is a vertically integrated manufacturer of collapsible steel reels and steel tubing products, providing related fabrication, stamping, millwright, crane, electrical, and transportation services for fiber broadband, data center, and utilities end markets.

  • Buyer
    LFM Capital
    Target
    PowerBuilt Material Handling Solutions, LLC
    Type
    Addon

    LFM Capital announced the acquisition of PowerBuilt Material Handling Solutions, LLC, a designer and manufacturer of automated and semi-automated custom material-handling equipment. PowerBuilt joins LFM’s industrial automation platform American Automation Group (AAG), alongside Southern Tooling, Inc. and Tuttle AAG, LLC.

  • Buyer
    LFM Capital
    Target
    Vintage Air
    Seller
    Mangrove Equity Partners
    Industry
    Automotive
    Type
    Buyout

    LFM Capital has acquired Vintage Air, a San Antonio-based designer and manufacturer of aftermarket air‑conditioning systems for classic and late‑model cars and trucks, from Mangrove Equity Partners. Mangrove credited operational improvements, D2C expansion and an earlier add‑on (AC Solutions) for strengthening Vintage Air prior to the sale; LFM Capital will add Vintage Air as a platform investment to expand its niche manufacturing portfolio.

  • Buyer
    LFM Capital, Northstar Capital
    Target
    Vintage Air, LLC
    Industry
    Automotive
    Type
    Buyout

    LFM Capital has acquired Vintage Air, a San Antonio‑based manufacturer of performance aftermarket automotive HVAC systems, making the company a new LFM portfolio company. Northstar Capital provided debt financing and an equity co‑investment to support LFM’s acquisition and future growth initiatives.

  • Buyer
    LFM Capital, CP Energy Holdings
    Target
    Systems Engineering and Sales Co. (SESCO)
    Type
    Addon

    LFM Capital has invested in Systems Engineering and Sales Co. (SESCO), bringing the Fort Wayne, Indiana-based supplier of power transformer installation and maintenance equipment into its electric grid reliability platform. CP Energy Holdings participated as a minority investor; SESCO will join LFM’s existing platform partnership with ZTZ Services International to provide complementary diagnostic and remediation equipment and services for power utilities and transformer manufacturers across North America.

  • Buyer
    LFM Capital
    Target
    Bergari Solutions, LLC
    Industry
    Manufacturing
    Type
    Buyout

    Nashville-based private equity firm LFM Capital has invested in Bergari Solutions, a Rosemount, Minnesota designer and manufacturer of custom engineered exhaust and emissions systems. The transaction establishes Bergari as a platform company in LFM’s third fund and positions the business for growth in data center and other backup power end markets.

  • Buyer
    LFM Capital, Tecum Capital
    Target
    Marcy Laboratories
    Industry
    Manufacturing
    Type
    Buyout

    LFM Capital led a control investment in Marcy Laboratories, a Glendale Heights, Illinois-based contract manufacturer serving fragrance and beauty brands, with Tecum Capital supporting the transaction. Management (Kevin Morton and Mike Buehler) will continue to lead the company and the investors plan to expand Marcy's operations, automation, and manufacturing capabilities; financial terms were not disclosed.

  • Buyer
    Excelis Packaging Automation, LFM Capital
    Target
    Marks Machinery
    Industry
    Manufacturing
    Type
    Addon

    Excelis Packaging Automation, a portfolio company of LFM Capital, has acquired Marks Machinery, a Suwanee, Georgia manufacturer of replacement parts for beverage filling equipment. Financial terms were not disclosed; the add-on expands Excelis' parts and service capabilities and broadens its footprint into Central and South America.

  • Buyer
    Excelis Packaging Automation, LFM Capital
    Target
    Kraken Automation Inc.
    Location
    Ontario, Canada
    Type
    Addon

    LFM Capital’s portfolio company SureKap has rebranded as Excelis Packaging Automation and acquired Kraken Automation, a Canada-based specialist in high-speed material handling, case packing and cartoning systems. Financial terms were not disclosed; the acquisition expands Excelis’ turnkey packaging automation capabilities and adds secondary packaging and material-handling expertise to the platform.

  • Buyer
    SureKap LLC, LFM Capital
    Target
    AB Technology, Inc.
    Seller
    Owners of AB Technology (including Ante Baskovic Jr.)
    Industry
    Manufacturing
    Type
    Addon

    SureKap LLC, a portfolio company of LFM Capital, has acquired AB Technology, Inc. in an all-cash transaction to expand its automated packaging equipment offering. AB Technology, based in Torrance, California, is a 30-year automation engineering leader in high-speed labeling and padding systems focused on the food packaging market.

  • Buyer
    Weller Metalworks, LFM Capital, AEA Private Debt (AEA Investors)
    Target
    DROP Sprockets, Inc.
    Industry
    Manufacturing
    Location
    British Columbia, Canada
    Type
    Addon

    LFM Capital-backed Weller Metalworks has acquired DROP Sprockets, a Nelson, British Columbia-based manufacturer of made-to-order sprockets. AEA Private Debt acted as sole mezzanine lender and provided an equity co-investment to support the transaction. The deal is Weller's third add-on acquisition and expands the platform's manufacturing capabilities and product offering.

  • Buyer
    SureKap LLC, LFM Capital
    Target
    Technical Beverage Services
    Industry
    Manufacturing
    Type
    Addon

    LFM Capital portfolio company SureKap LLC has acquired Technical Beverage Services, a Telford, Tennessee-based manufacturer of replacement parts for high-speed fillers, cappers and box makers. The add-on strengthens SureKap's parts and service offering across the food & beverage and packaging markets and aims to create a one-stop automated packaging solution; financial terms were not disclosed.

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