SC&H Capital, a leading investment bank specializing in M&A advisory for middle-market companies, is pleased to announce that its client, Valley Supply & Equipment Company (“Valley Supply”), has been acquired by Stephenson Equipment, Inc. (“SEI”).
Valley Supply is a provider of construction and paving equipment to the Mid-Atlantic region, representing LeeBoy and JCB along with other high quality equipment manufacturers. Founded by Howard Klein in 1982, the company has grown consistently over the past 40 years expanding to three locations in Maryland and Virginia to serve the company’s growing customer base. Howard Klein’s two sons, Brandon and Adam, acquired the business from their father when he retired, and continued to focus on executing to the company’s original mission: To contribute to the success of their customer’s business and profitability by consistently providing the right equipment solutions.
SEI is a provider of cranes, construction and public works equipment in Pennsylvania and New York. SEI President Charlie Walsh states “Valley Supply & Equipment has built a reputation of strong customer relationships and local expertise in the construction and asphalt industry, which pairs nicely with SEl’s core values of customer service. This acquisition not only broadens our geographical reach but also strengthens our ability to offer better service and support in the Maryland, Virginia, and D.C. markets. We look forward to welcoming the Klein’s and all of Valley’s Employees to the SEI team!”
“We are grateful for the steady guidance SC&H Capital provided to us throughout the transaction process. Their advice and expertise helped us to achieve a great outcome for our second-generation family-owned business, our employees, our customers and our vendors.” said Adam Klein, Co-Owner of Valley Supply. Brandon Klein, Co-Owner of Valley Supply, added that “Adam and I have known the SEI team for many years, and we look forward to joining forces with them to better serve our customers in the market.”
“It was a pleasure to work with Adam and Brandon Klein on this transaction to help them find the right partner for the future of Valley Supply,” said Greg Hogan, Managing Director at SC&H Capital. “SEI and their employee ownership focused culture was a great fit for the Klein’s family business and the Valley Supply employees.”
The transaction was led by Greg Hogan at SC&H Capital. Drake Nicholas and Jacob Kiessling of Barley Snyder served as legal counsel to the company. Terms of the transaction were not disclosed.
About SC&H Capital
SC&H Capital is an investment banking and advisory firm specializing in mergers and acquisitions (M&A), employee stock ownership plans (ESOP), distressed M&A, capital raises, financial restructurings, and business valuations for middle-market companies nationally. SC&H Capital delivers services across numerous industries including technology, healthcare, manufacturing, consumer, business and professional services, and government contracting. We are recognized for delivering relevant market insights and tailored solutions to help owners achieve their true strategic value. To learn more, visit www.schcapital.com.
