Advised on Sale of Company

Healthcare

Champlain Capital

PE fund that prefers to invest in small & MM companies United States of America

Acquired 100% of Business Operations

Pelton Shepherd

Oldest manufacturer of gel ice in USA United States of America

Advised Pelton Shepherd Industries on its acquisition by Champlain Capital

Advised Pelton Shepherd Industries (“PSI”), the creators of Blue Ice®, Glacier Ice®, Flex and other gel packs, on its acquisition by Champlain Capital, a private equity and venture capital firm that provides equity capital for growth and transfers of ownerships. Terms of the deal were not disclosed. 

 

Founded in 1950, PSI is the oldest manufacturer of gel ice refrigerants in the United States. Their multiple formulations and sizes of gel packs are designed to allow for cold shipping of perishables for a variety of industries, including food and meal delivery services, as well as health care and animal health supplies.

 

“From the beginning, after our introduction to Capstone Headwaters, the PSI team was guided masterfully through every detail over a ten-month period,” remarked Pat Shepherd Owner of Pelton Shepherd. “The Capstone Headwaters Team kept the PSI Family Team focused on the prize through highs and lows and assisted us to ‘Finish Strong!’ and we did! The Shepherd Family will eternally be grateful for the care and attention! I could not have asked for a better set of mentors and professionals than the cast of professionals we dealt with from the Capstone Headwaters organization!” Shepherd added, “Honestly, as I reflect on the past year, I feel so blessed by the relationships we forged with our M&A Team! I have heard of nightmares from other business owners as they relate their experiences in selling their businesses. The entire team at Capstone are master craftsmen investment bankers and are all equally talented as team members! I will always consider the entire team as valued friends!”

 

Mike Schumacher, a Managing Director at Capstone Headwaters, said “Representing Pelton Shepherd Industries over the course of its corporate sale was an honor for Capstone Headwaters.  The successful sale of PSI is a continuation of our leadership in teaming with leading niche manufacturers, implementing generation-to-generation successions with high-quality partners, and, importantly, delivering the market to selling shareholders by monetizing their valuable corporate assets at fully valued pricing.   Facilitating corporate sale processes that allow families to continue their legacies for generations to come is what our Firm has been built to do.”

Experts who worked on the transaction