June 28, 2023
MSouth Partners With Automated Equipment Holding Company, LLC
Atlanta, GA (June 28, 2023) – MSouth Equity Partners, an Atlanta-based private equity firm, announced the closing of its newest investment. In partnership with the company’s management team and Jeff Reed, Executive Chairman, MSouth completed its investment in Automated Equipment Holding Company, LLC (d.b.a., “GED” or the “Company”). The Beekman Group remains an investor in the Company.
GED, founded in 1977 and headquartered in Glenwillow, OH, designs, engineers, and manufactures automation solutions for the North American window and door industry. The Company’s solution offerings include equipment manufacturing, production software, and aftermarket parts and services. The Company’s operational excellence, commitment to its customers, and product development capabilities have established GED as a market leader in both window and door equipment.
Anthony Hauser, an MSouth Principal, said, “GED has a long track record of providing differentiated, highly engineered automation solutions in the building products industry, and delivering compelling ROI to its customers through labor efficiency initiatives. The Company’s mission critical automation products, responsive service, and customer support are key drivers of GED’s market leadership position. This is a great platform to build upon, and we are excited to support the GED team in the next phase of growth, both organically and through M&A, with the goal of building a broader industrial automation platform.”
Executive Chairman Jeff Reed added, “GED is a terrific platform and I look forward to continuing as GED’s Executive Chairman and with partnering with MSouth and the GED management team. I have extensive experience within the industrial automation equipment space and have successfully completed several past investments with MSouth. I see many attractive growth opportunities for GED both organically and through acquisitions.”
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. Based in Atlanta and Nashville, MSouth invests primarily in the South with a consistent focus on management buyouts of business services, specialty distribution, niche manufacturing, healthcare services, and telecommunications/media companies. With more than $2.2 billion of capital raised across four funds, MSouth is a successor to Cravey, Green & Wahlen, Inc., which was founded in 1984.