LSS Digital acquired by Cape Equipment & Services

LSS Digital acquired by Cape Equipment & Services

January 29, 2021

HOUSTON, TX (January 29, 2021) - Gilbert & Pardue LLC (“GaP”) acted as advisor to Litho Supply & Service Co., Inc. (“LSS Digital”) of Houston, TX in its sale to Cape Equipment & Services, LLC also of Houston and owned by Kelly and Brock Hennigh. The transaction was finalized in December 2020, and the management teams are transitioning through the first quarter of 2021.

LSS Digital, founded by Mary Ann and Ralph Dumoit in 1981 and with over 39 years of continuous service, is the premier print finishing and packaging equipment, parts, and service provider in the State of Texas. “We could not be more delighted to pass the torch to the fine new management team of Kelly and Brock as we transition to retirement,” commented Mr. Dumoit.“Their vision for the company’s future is exactly what our cherished customers and valued suppliers require as our industry continues to evolve. They are the perfect successor to lead LSS Digital into the future by taking the customer-focused business we have built and forging ahead with technological and process upgrades that our customers deserve. I’m excited to see how far they can take the business with both resources and energy to support the expected growth.”

“Kelly and I are honored to carry on the LSS Digital legacy of service to our customers and manufacturers. This business is known across Texas for its responsiveness to our customers’ needs and ensuring maximum uptime for their critical equipment. We could not be more thrilled to take the helm,” said Mr. Hennigh. “The team members of LSS Digital are our most valuable assets and have welcomed us with enthusiasm as we focus on a future of growth and continued service.”

Matt Gilbert, Founding Partner of GaP remarked, “I have grown very fond of Ralph and Mary Ann and know they’ve hand-picked winners in Brock and Kelly. We want to congratulate both parties on accomplishing a synergistic succession that will be rewarding for LSS Digital’s employees, customers, manufacturing partnerships, and the print finishing sector as a whole. This truly is a feel-good story with everyone benefitting because of this transaction.”  

 

ABOUT THE COMPANIES

LSS Digital

LSS Digital is a leading provider of print finishing equipment and systems and has been serving clients in Texas since 1981. LSS Digital represents over 20 original equipment manufacturers providing top-notch sales and service to clients around the state. With both manufacturer and customer relationships going back nearly 4 decades, LSS Digital is proud to provide the industry with best-in-class asset integrity management, cutting-edge equipment automation, and just-in-time parts and consumables delivery. Maximizing customers’ success and return on investment is their primary mission, and they bring the newest tools and technologies to bear in order to achieve that goal.

GaP Business Advisors

Gilbert & Pardue Business Advisors (GaP) is a Houston-based business advisory firm serving lower middle market business owners from coast to coast through sell-side representation for Mergers & Acquisitions(M&A).

Matt Gilbert and Bret Pardue established GaP to provide owners of businesses generally enjoying annual revenue of $5-$75 million with the quality of M&A representation and value-enhancement services previously only available to upper middle and large businesses. GaP brings highly-experienced executives, sophisticated financial and marketing products, proven-effective processes, and fully-integrated expertise to every engagement.

 

For more information, contact:

GaP Business Advisors

www.GaP-Advisors.com

 

Matt Gilbert, Founding Partner

713-304-1970

MGilbert@GaP-Advisors.com

 

Bret Pardue, Founding Partner

713-598-8632

BPardue@GaP-Advisors.com

 

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