Livingstone leaves its (paw) print with the sale of The Mason Company
Livingstone is pleased to announce the sale of The Mason Company, LLC (“Mason” or “the Company”) to Midmark Corporation, a global manufacturer of veterinary, medical and dental products. Livingstone acted as the exclusive financial advisor to Mason.
“The Livingstone team did an outstanding job preparing the management team and the Company throughout the sale process. They understood the industry and buyer community and ran a crisp global process leading to an ideal outcome. We are very excited about joining the Midmark team to combine forces and accelerate our growth,” said Greg Taylor, CEO of Mason. “Midmark is an excellent cultural fit, as well as platform, for our team to accelerate our market penetration and new product development.”
“The Livingstone team did an outstanding job preparing the management team and the Company and running the sale process. They understood the industry and buyer community well and ran a crisp global process leading to an ideal outcome.”
The Mason Company is one of the largest global manufacturers of premium animal enclosures. The products are used to house dogs, cats and other animals in veterinary, shelter and pet resort settings. With a diverse offering of standard products, along with the ability to create custom configurations through leading design capabilities, Mason is able to serve the broadest range of customer requirements. Accordingly, the Company has built strong relationships with an extensive client list of veterinary centers, pet resorts, and animal shelters.
“With greater than 85 million households owning dogs and cats, Midmark and Mason are well-positioned to reap the benefits of continued growth within the highly attractive pet industry,” said Andrew Isgrig, Partner at Livingstone. “We are pleased to have worked with Greg and his management team to find such a good cultural fit and successful outcome.”
The Mason Company is the 38th global industrial transaction closed since 2018, following the cross-border divestiture of global pump manufacturer Rheinhutte Pumpen to ITT Inc., and the sale of PRIMUS Sterilizer Company to Chalmers Group of Companies. Moreover, Mason is the 11th transaction completed in Southeastern Ohio since 2015, including the sale of Cardinal Solutions Group to Insight Enterprises and the sale of PAR Excellence systems to Northlane Capital Partners.
Kohnen & Patton LLP provided legal counsel to Mason throughout the process.
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