Fumex Transitions Under New Ownership with Vance Street Capital
Deal News | Feb 01, 2025 | Croft & Bender LP
Croft & Bender LP, an Atlanta-based investment banking firm, has announced the successful sale of Fumex Air Filtration Systems, a portfolio company of Route 2 Capital Partners, to Vance Street Capital. Fumex, known for providing advanced air filtration systems for industrial and healthcare applications, will continue its operations under the leadership of its current CEO, Kevin East, who will reinvest equity in the company. This acquisition is expected to drive both organic and M&A-driven growth for Fumex. Croft & Bender acted as the exclusive financial advisor for the deal, facilitating a seamless process that resulted in beneficial outcomes for all stakeholders involved.
Sectors
- Air Filtration Systems
- Investment Banking
- Private Equity
Geography
- United States – Fumex is headquartered in Kennesaw, GA, and Croft & Bender is based in Atlanta, suggesting a primary focus within the US market.
Industry
- Air Filtration Systems – The article centers around the sale of an air filtration systems company, Fumex, indicating relevance to this industry.
- Investment Banking – Croft & Bender, an investment banking firm, facilitated the transaction, highlighting the role of investment banking in M&A activities.
- Private Equity – Vance Street Capital, a private equity firm, acquired Fumex, showcasing the private equity industry's involvement in the transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Fumex Air Filtration Systems | Target | Company | A leader in air filtration systems, recently sold to Vance Street Capital. |
| Croft & Bender LP | Financial Advisor | Company | An Atlanta-based investment banking firm that acted as the exclusive financial advisor in the transaction. |
| Route 2 Capital Partners | Selling Company | Company | Previous owners of Fumex, facilitating the sale to Vance Street Capital. |
| Vance Street Capital | Bidding Company | Company | A private equity firm that acquired Fumex. |
| Kevin East | CEO of Fumex | Person | Responsible for leading Fumex post-acquisition and reinvesting in the company. |