Announcement

Periculum Capital Company, LLC has successfully completed the sale of Separators, Inc.. to financial buyer Monument Capital Partners LP 2.

Separators, Inc. is an Indianapolis based service and manufacturing company in the industrial centrifuge industry. Founded in 1985, its customers are primarily food processing, manufacturing, and waste processing companies. Monument Capital Partners 2, L.P. is an Indianapolis based private equity firm specialized in leveraged buyouts with management participation.  In this transaction, Monument assembled a management team composed of John Campbell and Joseph Mansfield to lead the acquisition of Separators.

This transaction is an outstanding representation of how a successful management buyout can lead to significant value creation for a management team. In 1996, Periculum principals represented the General Manager of Separators, Inc. in the purchase of Separators from the previous owner. Over the next 8 years, the General Manager was able to grow the business by expanding the Company's customer base and broadening its geographic reach.  The business doubled its revenues while still paying down a significant amount of debt. 

When it came time to sell, Periculum represented the owner, this time on the sell-side. Through our customized investment banking process, we created a sale memorandum, marketed the company to select buyers and negotiated the transaction. Our deal team was able to command a premium valuation for the business, and the equity the owner used to purchase the business increased in value by more than thirty-fold.

Periculum continues to focus on selling companies and raising capital through equity and subordinated and senior debt to fund business growth and opportunities in the Midwest. Periculum would welcome the opportunity to speak with you about your needs in the future.