Up-Rite Systems, Inc. has been acquired by Fletchline, Inc.
ABOUT THE DEAL:
Up-Rite Systems, Inc. (also referred to as the “Company” and “Sellers”) has been acquired by Fletchline Inc. (“Fletchline” or the “Buyers”). Established in 1993 and headquartered in Bardstown, Kentucky, the Company is a nationwide rack installation company; dealing exclusively in material handling equipment installations.
Located in Springfield, Tennessee, approximately thirty miles north of Nashville, Fletchline specializes in the installation of all types of conveyor systems throughout the United States; installing systems for projects big and small. Fletchline is dedicated to providing uncompromising quality and fulfilling its customers’ expectations through innovative solutions and teamwork. Since 1988, Fletchline has been committed to achieving high standards of health, safety and productive working environments for its employees as well as its customers.
Allston Advisory Group served as the exclusive financial advisor to the Sellers, Up-Rite Systems, Inc. Allston established a valuation assessment of the Company, prepared a confidential memorandum, assisted with the Buyer’s due diligence, and facilitated the confidential sale process on behalf of the Sellers.
ABOUT ALLSTON ADVISORY GROUP, LLC:
Allston Advisory Group, LLC is an experienced boutique investment bank providing M&A advisory services, including mergers & acquisitions, business valuations, and exit strategies, to lower middle market companies. The firm has an established track record of serving corporate clients across a broad spectrum of industries throughout the United States. Allston Advisory Group has the experience, professional fortitude, and quality of work that enable the firm to consistently deliver high-level results to its clients.
For additional information on this deal, please contact one of our advisors.