Chattanooga, TN-based Electric Motor Sales & Supply, Inc. is a leading regional provider of electrical, mechanical power transmission, and automation equipment.
“The professionals at Harpeth Capital did an outstanding job of helping me think through my options over the past couple years as I considered a potential sale of the business," said Jim Steffner, Founder and CEO. "In short order, Harpeth Capital successfuly identified the best buyer, negotiated the price and terms, and assisted in coordinating diligence through closing. This is the second time I have worked with their team and once again they exceeded my expectations."
“Harpeth Capital is pleased to have advised Jim on this transaction. Given attractive market conditions and his desire to do some estate planning, we thought now would be an ideal time to approach the market. We have a great deal of respect for Jim's entrepreneurial spirit and his ability to create successful, long-lasting businesses," said Chuck Byrge, Head of Investment Banking at Harpeth Capital.