May 02, 2011
MSouth Completed a Recapitalization with Fischbein, LLC.
Atlanta, GA (May 2, 2011) – MSouth Equity Partners, an Atlanta-based private equity firm, announced the closing of its newest investment. In partnership with management, Triangle Capital Partners and Prospect Capital, MSouth completed a recapitalization with Fischbein, LLC.
Fischbein, founded in 1910, is a leading worldwide manufacturer of highly engineered flexible packaging equipment and specially designed package and parcel conveyors. For nearly 100 years of continuous operation, Fischbein has differentiated itself through design and engineering excellence, broad product and system solutions and a strong, recurring aftermarket business.
Mike Long, an MSouth Partner, said, "We are delighted with our investment in Fischbein. Our initial attraction to the company was a result of our successful experiences with similar specialty manufacturing businesses. We look forward to working with this outstanding management team and group of co-investors."
MSouth Equity Partners is a private equity investment firm that provides equity capital and expertise to support management teams in acquisitions and recapitalizations of lower middle market companies typically valued $25 – $125 million. Based in Atlanta, Georgia, MSouth invests primarily in the South with a consistent focus on management buyouts of business services, distribution and specialty manufacturing companies. MSouth is a successor to Cravey, Green & Wahlen, Inc. which was founded in 1984.