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Austin Outdoor


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"The CCG guys were truly professional in every sense of the word. They did everything they said they would do and then some. The process had more than its fair share of surprises, delays and challenges to which CCG responded unflinchingly. If they tell you they are going to make it happen, they will. I would work with CCG again if the opportunity ever presented itself based upon our experience in the sale of Speed Check Conveyors.”

Joe Rubin, CEO
Speed Check Conveyors

Speed Check Conveyors has been acquired by White Conveyors
 
Based in Decatur, Georgia, Speed Check Conveyor is a worldwide leader in designing and manufacturing and installing technologically advanced garment and laundry sorting and storage systems.
SpeedCheck
has been acquired by
White Conveyors
Contacts:                 
    

 •  Brian D. Corbett
The company was founded in 1948 as a family owned and run business. This lasted for two generations, until 1990, when a group of investors, who knew the solid reputation Speed Check had earned in their industry, purchased the company. Over a number of years, a number of outside managers ran the business to varying degrees of success. In order to maximize their investment, the board attracted a professional manager from a national company to re-focus the Speed Check on its core product and service offering, and leverage its manufacturing expertise, leading the company to a path of sustained growth and profitability. Once the business was able to achieve certain operational and financial benchmarks, a decision was made by the board of directors to entertain pitches from several merger and acquisition advisors as to the value and marketability of the company. The board selected CCG Advisors to represent the company based on CCG's straightforward approach to the often complicated sale process. After reviewing numerous options and vetting many potential acquirers CCG secured a letter of intent from White Conveyors, a large privately-held and strategically positioned company who recognized an opportunity to grow with Speed Check's expertise, product line and customer list. Speed Check was sold to White Conveyors in 2008. CCG Advisors worked with the board and their counsel to structure the deal so that Speed Check's ownership would maximize their return on their investment while transitioning the company and valued employees to a larger firm.    


 

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