November 16, 2021 – Chicago, IL – LaSalle Capital is pleased to announce that, in partnership with NewSpring Mezzanine and Everside Capital Partners, it has completed the acquisition of BOF Corporation (“BOF” or the “Company”). BOF, headquartered in Aurora, IL, is the leading manufacturer of customized gravity-flow merchandising solutions serving the retail industry. BOF’s patented shelving products provide superior durability, significant labor savings, and increased product sell-through for a variety of refrigerated products including dairy, beer & wine, and single-serve beverages. The Company serves a diverse set of leading national grocery, convenience, truck stop and big box retail customers.
BOF’s CEO, James Knorring, will continue to lead the Company during this next phase of growth and expansion. Mr. Knorring stated, “We are excited to partner with LaSalle Capital and leverage their expertise in building leading manufacturing companies. Their experience with companies selling into the retail channel will be invaluable as we look to further expand the business.”
Andrew Dzwonchyk, Principal at LaSalle Capital, commented “We are thrilled to be partnering with the BOF management team and look forward to accelerating the growth of the business.” Kelly Cornelis, Partner at LaSalle Capital, noted “BOF has a stellar reputation in the marketplace for quality, customer service and innovative solutions.” David Murav, Partner at LaSalle, added “BOF’s product line is the optimal solution for retailers who are seeking to reduce labor costs, simplify cleaning and stocking and enhance their store’s image.”
If you have questions regarding this transaction or would like to discuss other food and beverage related opportunities, please contact Andrew Dzwonchyk, Kelly Cornelis, David Murav or Jeff Walters of LaSalle Capital at (312) 236-7041.
LaSalle Capital is a leading private equity firm with experience in the lower middle market, managing over $350 million in capital across several investment funds. We have a proven track record of partnering with management teams to increase value in our companies by providing strategic operating focus and driving growth organically and through acquisitions. We have domain expertise and investment focus in the food and beverage ecosystem.
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