BIRMINGHAM, Ala. (March 22, 2024) – Founders is pleased to announce that certain principals of Founders Advisors, LLC advised Kemper Equipment, Inc. (“Kemper”) in its recapitalization by Merit Capital Partners, a middle-market private equity firm based in Chicago, Illinois.

The transaction accomplishes the key goal of finding a value-added partner to support the Company in its continued growth both organically and through acquisition.

Greg Donecker, majority owner of Kemper, commented “We couldn’t be happier with the outcome of this process. We are excited to start the next phase of growing our business. Thank you to the Founders team for their dedication and expertise, which proved instrumental in helping us achieve a successful outcome.”

“I’ve known Greg since we were both in the Young Leaders Group in the National Stone Sand and Gravel Association. Having the opportunity to work alongside him and the rest of the Kemper team while helping navigate this process was a great experience. We’re proud of the outcome achieved for the owners,” remarked Dennis Coker, Managing Director at Founders Advisors.

About Kemper Equipment

Founded in 1981 and headquartered in Honey Brook, PA, Kemper provides material handling and processing equipment along with system design services and parts to its diverse set of customers in the minerals processing market.

About Merit Capital Partners

Since 1993, Merit has raised and managed $2.8 billion across seven institutionally sponsored limited partnerships, deploying capital in 100 platform investments. Merit invests in minority and majority recapitalizations, management buyouts, acquisition financings and other shareholder liquidity events. The firm seeks to partner with founders, business owners, management teams and independent sponsors. Merit continues to pursue investments in high-quality, established businesses with carefully conceived operating strategies across the manufacturing, distribution and services industries. Focusing on companies with EBITDA of more than $4 million (all sizes considered for portfolio add-on investments). For more information, please visit http://www.meritcapital.com.

About Founders Advisors

Founders Advisors supports their clients through deep sector expertise in Construction & Building Materials as well as a range of other Industrial, Technology, Healthcare, and Consumer sectors. Our team captures perspectives on relevant industry trends, unique competitive landscape shifts and key positioning insights to relevant investors. Should you be interested in exploring opportunities in Construction & Building Materials or considering alternatives, please feel free to reach out to our team.