Peakstone Advises IRMCO on Sale to FUCHS Lubricants

April, 2025. Peakstone served as exclusive M&A advisor to IRMCO in connection with its sale to FUCHS Lubricants, the U.S. subsidiary of Germany based FUCHS Group (FPE:XETR).

International Refining & Manufacturing Co. (“IRMCO”), based in Evanston, Illinois, is a manufacturer of high performing water based metal-forming and tube-bending lubricants for demanding manufacturing processes. IRMCO is a family-run company founded in 1914 with an international distribution footprint.

IRMCO’s CEO, Jeff Jeffery, commented, “For decades, IRMCO has grown and adapted to the ever-changing demands of the manufacturing markets, and we have always met and exceeded our customer’s standards through our advanced lubricant technologies. Integrating with FUCHS will further our reach of sustainable lubricant products for the metal fabrication end markets through the global FUCHS network.  We engaged Peakstone to find a partner that could build on the products, technology, and end markets served, while preserving the culture which we’ve worked hard to develop.  We believe that IRMCO aligns well with FUCH’s strategy to enhance its product technologies and provide customers with superior lubrication solutions.”

FUCHS America CEO, Keith Brewer, noted “At FUCHS, we are focused on improving the reliability, productivity, and profitability of our customer’s operations through product and process optimization. The acquisition of IRMCO will further reinforce our position as leading lubrication solutions provider to the industrial segment.”

Terms of the transaction were not disclosed.

For additional information, please contact:

Mark Horita, Managing Director, mhorita@peakstone.com

Andrew Savarie, Managing Director, asavarie@peakstone.com

Michael Dobin, Associate, mdobin@peakstone.com

 

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions, advisory, and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com. To receive investment and proprietary acquisition opportunities, please register at www.peakzone.com.

 

Securities offered through Peakstone Securities, LLC member FINRA/SIPC. All investments involve market risks, including the loss of principal. Past performance does not guarantee future results. Information on this website is not intended to be a recommendation or specific investment advice. Securities or companies mentioned are for illustrative purposes only and are not a recommendation to buy or sell. Investment decisions should be made based on an individual’s objectives and risk tolerance. Information on this website is intended for US residents only and does not constitute an offer to buy or sell securities in any jurisdiction to whom it is not lawful to make such an offer. Peakstone Securities, LLC is registered as a broker-dealer in the following states: Click here to see licensed states. The information provided does not constitute an offer to buy or sell in any jurisdiction to whom it is not lawful to make such an offer.
Business Continuity Plan

Peakstone Advises Kalera on Sale to 80 Acres

April, 2025. Peakstone served as exclusive M&A advisor to Lactuca Holdings, LLC dba Kalera Inc.  (“Kalera”), a portfolio company of Sandton Capital Partners (“Sandton”), in connection with its sale to 80 Acres Urban Agriculture, Inc. (“80 Acres”).

Founded in 2010 and based in Aurora, Colorado, Kalera is a leading vertical farming company with three facilities strategically located in key geographic regions across the US. Kalera utilizes its proprietary technology, including plant and seed science, to sustainably grow local, delicious, nutrient-rich, pesticide-free, non-GMO leafy greens and microgreens year-round. Kalera is best known for its wide selection of microgreens and leafy greens, along with a “first-to-market” retail microgreens kit. Furthermore, Kalera has long-standing relationships with blue-chip customers in both the foodservice and retail channels.

Sandton is a New York-based firm that specializes in private debt and equity transactions for special situations in the middle market.

80 Acres is a vertical farming leader based in Hamilton, Ohio and operates indoor farms built with world-class technology and analytics by its Dutch-Israeli-American subsidiary Infinite Acres®. Using 100% renewable electricity and 95% less water per pound of produce, the company’s farms deliver pesticide-free, longer-lasting harvests while reducing food waste. 80 Acres’ branded salads, salad kits, herbs, microgreens, and tomatoes are available at over 1,500 retailers and restaurants across the US.

Terms of the transaction were not disclosed.

For additional information, please contact:

Eric Dziedzic, Managing Director, 312-346-7314, eric@peakstone.com

Dean Marshall, Managing Director, 412-506-0910, dmarshall@peakstone.com

 

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions, advisory, and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com. To receive investment and proprietary acquisition opportunities, please register at www.peakzone.com.

 

Securities offered through Peakstone Securities, LLC member FINRA/SIPC. All investments involve market risks, including the loss of principal. Past performance does not guarantee future results. Information on this website is not intended to be a recommendation or specific investment advice. Securities or companies mentioned are for illustrative purposes only and are not a recommendation to buy or sell. Investment decisions should be made based on an individual’s objectives and risk tolerance. Information on this website is intended for US residents only and does not constitute an offer to buy or sell securities in any jurisdiction to whom it is not lawful to make such an offer. Peakstone Securities, LLC is registered as a broker-dealer in the following states: Click here to see licensed states. The information provided does not constitute an offer to buy or sell in any jurisdiction to whom it is not lawful to make such an offer.
Business Continuity Plan

Bob Dekker Joins Peakstone as Managing Director

April, 2025. Bob Dekker has joined Peakstone Group as a Managing Director in Chicago where he will be responsible for transaction origination and execution with a primary focus on the Food & Beverage space.

Bob has nearly 35 years of investment banking experience and has completed a broad range of M&A and capital raising transactions throughout his career.

Prior to joining Peakstone, Bob spent six years as Managing Director and Head of Food and Beverage Investment Banking for Balmoral Advisors.  Before joining Balmoral, Bob spent eight years with a boutique investment banking firm he co-founded, Insight Advisory Partners, that was focused exclusively on working with emerging growth companies in the food and beverage industry. Previously, Bob’s investment banking career spanned working with large regional and international firms including Prescott, Ball & Turben, The Chicago Corporation and ABN-AMRO, where he oversaw that firm’s private placement activities across North America. Bob also co-founded a successful real estate development company in Chicago during which time he was active on the Board of the Home Builders Association of Chicago and served two terms as its President.  Bob has been involved in a number of non-profit activities including seven years acting as a Super Mentor for the Good Food Business Accelerator where he coached founders of earlier stage F&B companies in the Chicagoland area.  He is also co-head of the Association for Corporate Growth’s food and beverage committee.

Bob is originally from Chagrin Falls, Ohio and has lived in the Chicagoland area for over 30 years.  He is a graduate of Denison University with a BA in Economics.  Bob holds the FINRA Series 62, 63 and 79 securities designations and is also licensed as an Illinois Real Estate Managing Broker.

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. The team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com.

 

Securities offered through Peakstone Securities, LLC member FINRA/SIPC. All investments involve market risks, including the loss of principal. Past performance does not guarantee future results. Information on this website is not intended to be a recommendation or specific investment advice. Securities or companies mentioned are for illustrative purposes only and are not a recommendation to buy or sell. Investment decisions should be made based on an individual’s objectives and risk tolerance. Information on this website is intended for US residents only and does not constitute an offer to buy or sell securities in any jurisdiction to whom it is not lawful to make such an offer. Peakstone Securities, LLC is registered as a broker-dealer in the following states: Click here to see licensed states. The information provided does not constitute an offer to buy or sell in any jurisdiction to whom it is not lawful to make such an offer.
Business Continuity Plan

Adam Dunlap joins Peakstone as Managing Director

February, 2025. Adam Dunlap joins Peakstone as a Managing Director in Chicago, where he is responsible for originating and executing transactions. With close to a decade of investment banking experience, Adam has served as a trusted advisor on numerous successful M&A and capital raising transactions across the industrial, business services, technology, financial services and healthcare sectors.

Prior to joining Peakstone, Adam covered large cap and middle market private equity clients in the Financial Sponsors Group at Barclays where he executed complex financial transactions across M&A, leveraged finance and equity capital markets. Earlier in his career, Adam served as a trusted advisor to Board of Directors and senior management of the largest public and private companies in North America on all executive compensation and corporate governance topics.

Adam received his BA in Political Science from the University of Michigan and his MBA from The University of Chicago Booth School of Business.

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. The team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com.

 

Securities offered through Peakstone Securities, LLC member FINRA/SIPC. All investments involve market risks, including the loss of principal. Past performance does not guarantee future results. Information on this website is not intended to be a recommendation or specific investment advice. Securities or companies mentioned are for illustrative purposes only and are not a recommendation to buy or sell. Investment decisions should be made based on an individual’s objectives and risk tolerance. Information on this website is intended for US residents only and does not constitute an offer to buy or sell securities in any jurisdiction to whom it is not lawful to make such an offer. Peakstone Securities, LLC is registered as a broker-dealer in the following states: Click here to see licensed states. The information provided does not constitute an offer to buy or sell in any jurisdiction to whom it is not lawful to make such an offer.
Business Continuity Plan

Kevin Gould joins Peakstone as Managing Director

February, 2025. Kevin Gould is a Managing Director focused on Aerospace, Aviation and Manufacturing. He advises clients that are involved in all aspects of these segments, including component and systems manufacturers, assemblers and integrators, maintenance, repair and overhaul operations, engineering, test, certification, training and support service providers, and ancillary services.

Prior to Peakstone, Kevin was a Managing Director at Alderman & Company where he represented VisionSafe’s ownership group in the Stephens Group’s strategic investment in April 2024. At Alderman, he also engaged in valuation, fairness opinion and buy-side advisory engagements. Separately, as a manager and equity holder of Peregrine Avionics, he led the sell-side effort during Metrea’s acquisition of Peregrine in July 2024.

Kevin spent 30 years as an executive with various aerospace and aviation companies. As a president at Honeywell, he led resurrection of the iconic Bendix/King avionics product line. At Boeing Commercial Airplanes, he formed and led the Electrical Responsibility Center, designing and manufacturing all the electrical wiring and equipment in their airliners. At Piper Aircraft, he was a member of the executive team that turned around and sold the company, staying on as CEO after the sale. At ICON Aircraft, he prepared the company for a Chapter 11 filing including development of a strategic plan. At Eclipse Aerospace he ran the company, keeping it viable while it prepared for a Chapter 11 filing. At Adam Aircraft he set up the manufacturing operations for the newly certified A500 aircraft. With his deep operational experience in the aerospace and manufacturing sectors, he provides unique insights and strategies to maximize value for his sell-side clients.

Kevin holds an MS from Stanford, an MBA from Harvard, a JD from University of Southern California, and a BA from Washington State University. He is a member of the Washington State Bar Association and is a licensed Private Pilot with an Instrument Rating. He and his wife reside near Coeur d’Alene, Idaho, and have two grown children.

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. The team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com.

 

Securities offered through Peakstone Securities, LLC member FINRA/SIPC. All investments involve market risks, including the loss of principal. Past performance does not guarantee future results. Information on this website is not intended to be a recommendation or specific investment advice. Securities or companies mentioned are for illustrative purposes only and are not a recommendation to buy or sell. Investment decisions should be made based on an individual’s objectives and risk tolerance. Information on this website is intended for US residents only and does not constitute an offer to buy or sell securities in any jurisdiction to whom it is not lawful to make such an offer. Peakstone Securities, LLC is registered as a broker-dealer in the following states: Click here to see licensed states. The information provided does not constitute an offer to buy or sell in any jurisdiction to whom it is not lawful to make such an offer.
Business Continuity Plan

Peakstone Publishes Industry Reports

February, 2025. Peakstone’s industry reports can be accessed through the links below. We deliver sector knowledge, experience, and relationships to every client. Please contact us for additional information about our services.

Continue reading


Update: Transportation and Logistics M&A Update – February, 2025

February, 2025

As of Q4 2024,the median transaction value in Transportation & Logistics was $18 million. As of Q4 2024, strategic buyers accounted for 92% of transactions.

Select recent notable publicly announced M&A transactions:

–Fura closed its acquisition of Pinwheel Logistics at an undisclosed value in December 2024.

–BUYMA TRAVEL announced its acquisition of Formal Trans for $3 million in December 2024.

–Schneider National closed its acquisition of Cowan Systems for $390 million in November 2024.

–Stonepeak Partners announced its acquisition of Air Transport Services Group for $3.1 billion in November 2024.

–Jayud Global Logistics Limited closed its acquisition of LD Global Logistics at an undisclosed value in October 2024.


Update: Technology and Software M&A Update – February, 2025

February, 2025

As of Q4 2024, the median transaction value in Technology and Software was $45 million. As of Q4 2024, strategic buyers accounted for 92% oftransactions.

Select recent notable publicly announced M&A transactions:

–Boomi closed its acquisition of Rivery Technologies for $100 million in December 2024.

–Verint Systems closed its acquisition of Cogito Corporation for $61 million in December 2024.

–Snowflake closed its acquisition of Datavolo for $170 million in November 2024.

–Thryv Holdings closed its acquisition of Infusion Software for $80 million in October 2024.

–Automatic Data Processing closed its acquisition of WorkForce Software for $1.2 billion in October 2024.


Update: Pet M&A Update – February, 2025

February, 2025

As of Q4 2024, the median transaction value in Pet was $8 million. As of Q4 2024, strategic buyers accounted for 91% of transactions.

Select recent notable publicly announced M&A transactions:

–Lexyl Travel Technologies closed its acquisition of petswelcome.com at an undisclosed value in December 2024.

–General Mills announced its acquisition of Whitebridge Pet Brands (PetFeeding and Treats Business) for $1.5 billion in November 2024.

–Togetherwork Holdings closed its acquisition of PetExec at an undisclosed value in November 2024.

–Tractor Supply Company closed its acquisition of Agropec Trading at an undisclosed value in October 2024.

–The Vets closed its acquisition of BetterVet at an undisclosed value in October 2024.


Update: Packaging M&A Update – February, 2025

February, 2025

As of Q4 2024, the median transaction value in Packaging was $150 million. As of Q4 2024, strategic buyers accounted for 88% of transactions.

Select recent notable publicly announced M&A transactions:

–TOPPAN Holdings announced its acquisition of Sonoco Products Company (Thermoformed and Flexibles Packaging Business) for $1.8 billion in December 2024.

–TricorBraun announced its acquisition of Veritiv Containers at an undisclosed value in December 2024.

–Amcor announced its acquisition of Berry Global Group for $8.4 billion in November 2024.

–Aterian Investment Partners closed its acquisition of Outlook Group at an undisclosed value in November 2024.

–Hood Packaging Corporation closed its acquisition of Transcontinental Packaging for $95 million in October 2024.