We represented LFM Capital in the acquisitions of Southern Tooling, Inc. and Tuttle, Inc. to collectively form an automation solutions platform, American Automation Group. Terms of these transactions were not disclosed.
Southern Tooling, based in Lexington, KY, serves the manufacturing industry by designing, building, and integrating customized and automated equipment. Tuttle, founded in 1974 and based in Friend, NE, designs manufactures, and installs custom engineered automated process systems for customers in the pharmaceutical, food, pet food, and general industrial end markets.
LFM Capital is a Nashville-based private equity firm focused on growth-oriented, lower middle market manufacturing and industrial services companies in the United States.