Livingstone is pleased to announce the sale of The Mason Company, LLC to Midmark Corporation, a global manufacturer of veterinary, medical and dental products. Livingstone acted as the exclusive financial advisor to Mason.
“The Livingstone team did an outstanding job preparing the management team and the Company throughout the sale process. They understood the industry and buyer community and ran a crisp global process leading to an ideal outcome. We are very excited about joining the Midmark team to combine forces and accelerate our growth,” said Greg Taylor, CEO of Mason. “Midmark is an excellent cultural fit, as well as platform, for our team to accelerate our market penetration and new product development.”
The Mason Company is one of the largest global manufacturers of premium animal enclosures. The products are used to house dogs, cats and other animals in veterinary, shelter and pet resort settings. With a diverse offering of standard products, along with the ability to create custom configurations through leading design capabilities, Mason is able to serve the broadest range of customer requirements. Accordingly, the Company has built strong relationships with an extensive client list of veterinary centers, pet resorts, and animal shelters.
“With greater than 85 million households owning dogs and cats, Midmark and Mason are well-positioned to reap the benefits of continued growth within the highly attractive pet industry,” said Andrew Isgrig, Partner at Livingstone. “We are pleased to have worked with Greg and his management team to find such a good cultural fit and successful outcome.”
“Midmark is the perfect partner for Mason. Together, they will leverage their complementary operational footprint, product offerings, and sales and distribution capabilities to better serve customers and grow market share,” added Ian Wagner, Director at Livingstone.