Footprint Capital (“Footprint”) acted as the exclusive sell side advisor to Ford Distributing, Inc. (“Ford”) in the sale to Hayward Distributing Co. (“Hayward”). The husband and wife team who led Ford desired to begin an ownership transition plan as they moved to the next phase of their life. Footprint led a narrow marketing process talking to potential buyers who would value Ford’s employees, customers, and reputation. Ultimately, Hayward Distributing was selected based upon the cultural fit, central Ohio location, and complement of products.
Ford, based in Marysville, Ohio, was founded in 1976 as a supplier of specialized agricultural and industrial equipment. The company sells attachments for tractors and skid-steer loaders; professional landscape and nursery equipment; hay making machinery for dairy, horse farms and custom operators; industrial equipment for construction and the green industry. For more information, visit: www.forddistributing.com.
Hayward, based in Columbus, Ohio, was founded in 1947 as a distributor of over thirty brands of top quality goods including: outdoor power equipment, Honda engines, grills, fireplace and heating, commercial accessories, and aftermarket parts. For more information, visit: http://www.haydist.com.
Footprint is a boutique investment bank focused on advising owners and operators of privately held companies in the middle market. Footprint’s services include sell-side and buy-side merger and acquisition advisory, ownership transition planning, capital raising, and strategic management consulting.