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Eckhart Inc., Portfolio Company of LFM Capital, Acquired Logic Plus

Date March 20, 2018
Transaction type Acquisition
Industry Industrials

Eckhart, Inc., an advanced industrial solutions company, acquired Logic Plus, a premier electrical controls and automation company based in Northern Michigan. Eckhart designs and manufactures advanced manufacturing solutions for the world’s largest industrial companies. Eckhart has been a portfolio company of Nashville-based LFM Capital since 2015. NuVescor Group, a West Michigan based mergers and acquisitions firm, represented Logic Plus and introduced the investment opportunity to LFM Capital. NuVescor Group has been an Axial member since 2010 and LFM Capital has been a member since 2014. This deal was a result of a connection made through Axial.