Industrial Products


Manufacturer of industrial filtration and separation equipment.

Transaction Overview

  • Represented Kason Corporation (“Kason”) in the sale of the business by Spell Capital to Baird Capital Partners
  • Kason is a leading designer and manufacturer of highly-engineered industrial process control equipment for the separation/filtration and thermal/moisture control of dry solids and slurries

Drivers of Interest

  • Strong brand name, supported by engineer-to-engineer relationships between the Company and its customers.
  • Diverse, global end markets with significant long-term growth potential – particular attraction to food and beverage.
  • Large, non-concentrated blue-chip customer base.
  • Substantial after-market demand to complement new equipment segment.
  • Solid forecasted revenue and EBITDA growth.
  • Opportunity for platform growth through acquisition.
Hennepin Partners LLC