May 01, 2013

MSouth Announces the Successful Exit of Fischbein, LLC

Atlanta, GA (May 1, 2013) – MSouth Equity Partners, an Atlanta-based private equity firm, announced the sale of Fischbein LLC, a leading supplier of packaging machinery and material handling equipment.

“Jeff Reed and his team at Fischbein have done an excellent job growing the business, both organically and through acquisitions” said Mike Long, an MSouth Partner. “We are pleased with the outcome of this transaction and the return that it generated for our MSouth investors.”

Fischbein supplies packaging equipment and material handling solutions to a vast array of customers across multiple end markets. The Packaging Equipment division provides components, systems and aftermarket replacement parts that fill, close, weigh and handle open mouth bags. The Material Handling Group, comprised of a number of leading brands, is one of North America’s leading manufacturers of flexible and rigid conveyors used primarily to load and unload non-palletized items on and off trucks in retail stores and distribution centers.

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.