has been recapitalized by

Dixie is a leading provider of electrical, plumbing, and HVAC services to residential and commercial customers.

Dixie

  • Industry Industrial
  • Type M&A Sell-Side

About
Dixie is a leading provider of electrical, plumbing, and HVAC services to residential and commercial customers.

Situation
Croft & Bender was engaged to help the Company find a partner to provide shareholder liquidity and better position the Company for future growth while maintaining its strong culture. Croft & Bender worked with Dixie to favorably position the Company, produce financial analyses, coordinate diligence materials, assemble a data room, and facilitate discussions with MSouth, leading to an attractive proposal.

Result
Croft & Bender successfully negotiated the majority recapitalization of Dixie by Msouth.