LFM Capital Adds New Portfolio Company: Sistech Manufacturing
NASHVILLE, TN – November 28, 2023 – LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, announced today that it has invested in a new portfolio company, SisTech Manufacturing (“SisTech” or the “Company”). The investment is the sixth platform company in LFM’s third fund.
Sistech is a manufacturer of high complexity Printed Circuit Board Assemblies (“PCBAs”) for defense, aerospace, industrial, and consumer applications. The Company distinguishes itself through best-in-class standards of quality and delivery as well as strong supply chain partnerships, which enable SisTech to provide a turnkey solution to its customers. SisTech is based in Bend, Oregon.
LFM Executive Managing Director, Steve Cook, commented, “LFM is excited to add another impressive platform company to the firm’s growing portfolio. We believe SisTech’s excellent production model and strong operational track record are truly differentiated in a fragmented market. We look forward to working alongside the SisTech management team, who share LFM’s passion for excellence in US manufacturing.”
Brad Kennedy, SisTech Founder and CEO, noted, “Since the Company’s founding in 2009, we are proud to have maintained our commitment to superior quality and customer service. We foresee many opportunities to partner with LFM to continue the SisTech growth story.”
Vice President Tucker Cowden and Associate Mitch Mattingly worked with Cook on the investment from LFM. Senior Associate Ryan Richardson helped source the opportunity.
About LFM Capital
LFM Capital is a private equity firm based in Nashville, Tennessee. The LFM team is led by experienced and successful Fortune 50 global executive managers and private equity professionals who bring decades of management leadership, operating best practices, exceptional professional recruiting networks, and a successful track record in lower middle market investing. LFM targets lead or control investments in U.S.-based lower middle market manufacturing and industrial services companies with at least $3 million of EBITDA and enterprise values ranging from $15 million to $125 million. The firm’s mission is to partner with portfolio company management to develop and build world-class operations through a combination of manufacturing and operations excellence and targeted growth and expansion strategies. For additional information, please visit www.lfmcapital.com.
About SisTech Manufacturing
Based in Bend, Oregon, SisTech is a manufacturer of Printed Circuit Board Assemblies (“PCBAs”) for defense, aerospace, industrial, and consumer applications. The Company specializes in the turnkey assembly of high complexity boards. For more information, please visit https://sistechmfg.com/.