Nolan Advised John Sakach Company on its Sale to Mazzella Companies

DATE: June 12, 2023

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Who is Our Client?

  • John Sakach Company has been servicing and supplying customers in the St. Louis area and beyond since 1986 with crane rigging equipment, crane rigging supplies, wire rope, lifting slings, and a variety of rigging inspection and training services.
  • With roots dating back to 1958, John Sakach Company has exemplified prompt service and total quality commitment for more than 60 years.
  • The John Sakach Company team is well known in the industry for its ability to consistently meet the highest quality standards and customer service through continual improvement, a commitment to prevention, and dedication to education and safety.

Why Did John Sakach Company Hire Nolan?

  • John Sakach Company had been family owned and operated for over 60 years, and the family felt the time was right to transition the business ownership to a third party with similar values and vision.
  • The key objective of the Sakach family was to preserve the legacy of John Sakach by selling the company to a business that would treat its employees, customers, and vendors in a manner consistent with what they had grown accustomed to under the family ownership.
  • A professional acquaintance from the private equity community recommended Nolan to the John Sakach Company team based on our successful track record with family-owned companies in the industrial sector.

What Value Did Nolan Deliver?

  • Nolan’s sale process delivered Mazzella Companies, the largest independently owned company in the overhead lifting and rigging industries and a manufacturer and distributor of a wide range of lifting products for industrial, commercial, and specialty applications.
  • In addition, Mazzella is a leading manufacturer of world-class overhead cranes, specialty machinery, and overhead crane services and employs over 1,000 individuals in 30+ locations in North America.

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Nolan & Associates’ commonly owned affiliate, Middle Market Transactions, Inc. (MMTI), is but one of a very few FINRA licensed broker dealers serving business owners in the middle market.

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