has been acquired by
NBS is a leading provider of maintenance and repair services to industrial boiler systems.
National Boiler Service
Type
M&A Sell-Side
Description
Acme Barricades, a prominent traffic control and pavement marking provider in the Southeast, sought guidance from Croft & Bender to evaluate options for its future, ultimately leading to a successful negotiation with Lacy Diversified Industries (LDI) for a recapitalization. Croft & Bender facilitated financial analyses, diligence coordination, and discussions to close the transaction, benefiting the company's largest shareholder, Acme Holdings.
has been acquired by
NBS is a leading provider of maintenance and repair services to industrial boiler systems.
About
National Boiler Service is a leading provider of maintenance and repair services to industrial boiler systems in the U.S.
Situation
Croft & Bender was engaged to help the Company find a partner to provide shareholder liquidity and add resources to support National Boiler Service's next phase of growth. Croft & Bender worked with the Company to run a highly competitive process, which included building a financial model, developing marketing materials, conducting management presentations, managing the diligence process, and negotiating terms and definitive documentation with potential partners.
Result
Croft & Bender successfully negotiated the sale of the Company to Plexus Capital.