Michelli Weighing Expands Through Strategic Acquisitions
Michelli Weighs in on Industry Growth
Michelli Weighing & Measurement (“Michelli” or the “Company”), a sector leader in calibration services, has embarked on a significant growth journey. Recently, the Company successfully recapitalized two notable firms, Perry Scale Company and Southern Industrial Scales. This strategic move fortifies Michelli’s market position and broadens its service capabilities across both established and emerging regions.
Strengthening Industry Foundations
Perry Scale, founded in 1936 and based in Houston, Texas, is renowned for its industrial weighing and calibration services. With a specialization in a variety of scales—from petite balances to large-scale truck and railroad weighing solutions—this partnership allows Michelli to enhance its service density and operational efficiency in Houston. The acquisition serves not only to expand its service offerings but also to improve customer relations through increased accessibility.
Enhancing Service with Equipment and Expertise
Simultaneously, Scale South, established in 1974 in Augusta, Georgia, is another significant addition to Michelli’s portfolio. Recognized as a provider of industrial equipment and weighing services, Scale South supports a diverse array of sectors, including manufacturing and transportation. The company operates three locations across Georgia and South Carolina, and Michelli’s plans to launch a new lab in Savannah align seamlessly with Scale South’s operations. This strategic decision enhances Michelli’s growth strategy, aiming to solidify its position as a national provider while growing its capabilities in precision measurement technology.
Expansive Reach and Operational Excellence
With a history that dates back to its founding in 1947, Michelli has established itself as a prominent entity in test and measurement. The Company offers a comprehensive suite of services including calibration, maintenance, and inspection for industrial weighing equipment and precision measurement devices. Today, Michelli serves a wide geographical area that encompasses 37 service regions across 15 states, including strong presences in the Southeast, Texas, and the West Coast. These recent acquisitions mark the second and third expansions for Michelli in partnership with Summit Park in the recent year.
Leadership Insights on Growth Opportunities
Bobby Feigler, the CEO of Michelli, expressed enthusiasm about the new partnerships, stating, “We are excited to work alongside the teams at Perry Scale and Scale South. Their commitment to quality service and integrity resonates with our core values, and we look forward to upholding their strong reputations in the industry.”
Fostering New Markets and Relationships
Andrew Gilbert, a Partner at Summit Park, also highlighted the promising prospects offered by these acquisitions. He noted, “Perry Scale and Scale South have established resilient businesses, presenting significant opportunities for growth within Michelli's core regions and beyond into new territories like Georgia and the Carolinas. These strategic expansions empower us to maintain exceptional service levels for our growing nationwide clientele.”
About Summit Park and Michelli
Summit Park, based in Charlotte, North Carolina, is a private investment firm committed to supporting lower middle market companies. It seeks partnerships with business owners who aim to enhance their company's value. Summit Park invests across diverse industries, facilitating ownership transitions, expansion efforts, and industry consolidation initiatives. The firm has made over 45 investments totaling more than $2 billion in enterprise value.
About Michelli: Michelli Weighing & Measurement stands as an esteemed calibration service provider, primarily located in New Orleans. The Company specializes in calibrating, maintaining, inspecting, and installing various industrial scales and precision devices. With operations spread across 15 states, Michelli serves numerous sectors including transportation, agriculture, and manufacturing. Recognized as an authorized distributor for leading OEMs and holding ISO certifications, Michelli ensures high standards and quality in all its services.
Frequently Asked Questions
What recent acquisitions did Michelli make?
Michelli recently acquired Perry Scale Company and Southern Industrial Scales to strengthen its market position.
Where is the headquarters of Michelli located?
Michelli Weighing & Measurement is headquartered in New Orleans, Louisiana.
What industries does Michelli serve?
Michelli serves various industries including transportation, manufacturing, recycling, and agriculture.
When was Michelli founded?
Michelli was founded in 1947 and has since become a prominent player in the calibration and measurement service market.
What are the plans for Scale South?
Following its acquisition, Michelli plans to open a new lab in Savannah, Georgia, as part of its growth strategy.
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