“We are thrilled about this great opportunity. After evaluating potential partners, we believe Clearview Capital’s growth-oriented approach makes them well suited to help us to continue the same high level of growth we have experienced in the last few years, as well as to ensure that we continue to do a great job of servicing our customers. We look forward to achieving continued success with Clearview Capital’s support,” said Lonnie Kitt, CEO of QC Supply.
QC Supply is a distributor and supplier of products for livestock operations. The company offers a range of non-heavy equipment primarily to operators of swine and poultry farms, consumers, hobby farmers, cattle farmers and general agribusiness. The company was founded in 1982 and is based in Schuyler, NE (www.qcsupply.com).
Clearview Capital has $575 million of capital under management and invests in mid-sized manufacturing and service companies that have cash flow between $4 million and $20 million. The firm was founded in 1999 by Jim Andersen and Cal Neider and is headquartered in Old Greenwich, CT with additional offices in Chicago and Los Angeles (www.ClearviewCap.com).
Greene Holcomb Fisher (www.ghf.net) served as the exclusive financial advisor to QC Supply. “We worked closely with the owner to find the right partner for the business and believe Clearview Capital will be an outstanding fit,” said Bob Dovenberg, Managing Director at Greene Holcomb Fisher.
© 2013 PEPD • Private Equity’s Leading News Magazine • 7-17-13