ACT Capital Advisors is pleased to announce that its client, Markey Machinery Inc, has received a growth equity investment from investors Christian Schiller and Brian Bogen. ACT served as the exclusive financial advisor to Markey Machinery.
Markey will continue to operate from its current Seattle production facility and office with all employees remaining on board. Current CEO Blaine Dempke will continue leading the business as CEO and will participate on the Markey board as a significant shareholder. Jeff Dempke will assume the new role of General Manager and will become a shareholder.
Mike Vanderslice, Managing Director with ACT Capital Advisors, was the lead investment banker representing Markey Machinery. Mike planned, originated, and executed the transaction.
Jeff Dempke commented, “Mike was an indispensable part of the Markey Team in identifying our future partners, structuring, negotiating, ultimately closing this transaction. We credit his vision, knowledge, creativity, and persistence for getting it done. We at Markey know that without Mike this would not have happened. Well done!”
Christian Schiller commented, “We appreciated Mike Vanderslice bringing this deal to us, and Mike’s win/win approach throughout the transaction to help bring both sides together. This is a great opportunity to back the Markey team, leverage Brian’s experience and relationships in the marine industry, and work in partnership with the team and fantastic employees to bring the Markey business to the next level.”
About Markey Machinery
Markey Machinery was founded in 1907 and has become a global leader in the marine deck equipment and winch industry. It is best known for design and manufacturing tugboat winches that are recognized around the world for quality, durability, and longevity. As Blaine Dempke puts it, “Customers buy Markey winches when only the best will do.” For more information, visit https://www.mrkeymachinery.com .
About ACT Capital
ACT Capital Advisors is merger & acquisition advisory (M&A) firm representing middle-market companies across all industries. ACT has a 30-year history of deal-making, closing 200+ transactions and unlocking over $2.5 billion in wealth for its clients. For more information, visit https://actcapitaladvisors.com/
