We represented Gen Cap America in its sale of Magnum Systems to Blue Sage Capital, an Austin-based private equity firm. Gen Cap originally acquired Magnum in 2012. Terms of the transactions were not disclosed.
Magnum Systems is a Kansas-based designer and manufacturer of pneumatic conveying systems and packaging systems used for powder and bulk solids, sold under the Smoot and Taylor Products brands.
Gen Cap America, Inc. is a Nashville-based private equity firm that provides equity for management buyouts, division spinoffs, and recapitalizations of profitable, well-established middle-market businesses.