PMCF Advises Ventcon in its Sale to Gallagher-Kaiser Corporation

P&M Corporate Finance, LLC (“PMCF”) is pleased to announce that it served as the exclusive investment banker to Ventcon, Inc. (“Ventcon” or the “Company”) in its sale of a majority interest to Gallagher-Kaiser Corporation (“Gallagher-Kaiser”).

Headquartered in Allen Park, MI with a new state-of-the-art facility in Jackson, TN, Ventcon is a leading sheet metal mechanical contractor specializing in the fabrication and installation of highly engineered and complex ductwork and ventilation for commercial and industrial HVAC projects. The Company’s in-house fabrication capabilities allow it to service opportunities requiring small light gauge materials to heavy industrial materials.

Headquartered in Troy, MI, Gallagher-Kasier is a privately owned turn-key supplier of paint finishing systems, commercial HVAC, and mechanical automotive systems. Gallagher-Kaiser has manufacturing facilities in Detroit and Holly, MI, Jackson, TN, and Georgetown, KY; as well as international offices in Monterrey, Mexico, and Ontario, Canada.

The transaction offers significant strategic benefits to both sides in the face of a changing automotive industry landscape. “(Ventcon) will be an essential piece to our future success and growth across different markets,” says Robert Kaiser II, a manager at Gallagher-Kaiser. He added, “GK and Ventcon will have the capabilities and proficiencies to design sustainable solutions that meet complex humidification control requirements in spaces like paint shops, battery manufacturing plants, and mission critical data centers.”

Ventcon selected PMCF to serve as its exclusive investment banker. “We greatly appreciate the invaluable assistance provided by Joe Wagner and Jayson Gitt and the rest of the PMCF team. Their expertise and guidance were instrumental throughout the process to ensure a seamless transaction for Ventcon,” remarked Scott Smith, Vice President and shareholder of Ventcon. Joe Wagner, Managing Director of PMCF, added, “We are thrilled the Ventcon ownership group selected PMCF to lead the sale process and negotiate a transaction outcome to achieve their objectives. We look forward to seeing what these two industry leaders can do together as a result of this win/win combination.”

The transaction closed in May 2023. Honigman, LLP served as the Company’s legal counsel.

PMCF is a client-centric middle market investment bank providing merger and acquisition advisory services to private, public, and private equity owned companies worldwide. We combine our expansive industry and transactional expertise with highly engaged, senior-level bankers to create tailored solutions for all our clients. PMCF helps clients meet their sale, acquisition, financing, and strategic growth objectives through a broad range of services, including sale advisory, acquisition advisory, capital raising, transaction planning, and strategic advisory. We have dedicated professionals focused on manufacturing, distribution, plastics & packaging, business & technology services, healthcare, and consumer & retail industries.