Mill Point Capital LLC, a middle-market private equity firm focused on control-oriented investments in the business services, industrials, and IT services sectors in North America, has invested in E&M Logistics Inc., a direct store delivery distributors of ice cream, frozen and fresh foods, and beverages.
For the E&M transaction, Jim Schubauer will serve as Mill Point’s executive partner
“The strength and depth of the entire senior management team at E&M is what makes this such a compelling opportunity,” commented Schubauer. “With Martin’s continued support and the strategic insight of Mill Point’s team, I am confident that E&M is uniquely positioned to further elevate its relationships with key suppliers and strengthen the Company’s core operating principle of flawless customer service.”
Martin Kelly, founder of E&M and member of the board of directors, added “It is clear to me and the senior team at E&M that Mill Point provides meaningful and relevant experience and resources that will help us build upon a successful platform with significant growth opportunities. I am eager to work alongside Jim and Mill Point to bring E&M into its next stage of profitable growth.”
“Under the leadership of Martin Kelly and his management team, E&M has grown into a true market leader in DSD distribution in the New York Metro area,” said Dustin Smith, partner of Mill Point Capital. “We look forward to partnering with Martin, Jim, and the rest of the E&M team to execute on multiple growth opportunities and other strategic initiatives.”