PRESS RELEASE UPDATED: AUG 17, 2021
RIDGELAND, Miss., August 17, 2021 (Newswire.com) – HORNE Capital, a mergers and acquisitions advisory firm, announced the placement of senior financing for its client, Leighton Davis of Empire Group, Inc., as part of a management buyout of the company.
“Thanks to the HORNE Capital team and everyone involved for your commitment through this transaction,” said Leighton Davis, Chief Executive Officer at Empire Group. “Empire Group has seen phenomenal growth in recent years, and that is only made possible by our strong foundation in relationships. It was a team effort, and I am looking forward to what is in store for Empire Group.”
In addition to HORNE, the Blue Hen Agency, a qualified collective of business support specialists, helped the Empire team through this buyout transition. “The Blue Hen team helped us keep our personal and professional lives in check throughout the entire process,” Davis said. “This buyout would not have been possible without their conflict resolution, leadership, and organizational health expertise.”
Empire Mat and Empire Group was born out of the work of Leighton Davis as part of a family business founded by Mark Wallace in 1990. One of a number of lumber and sawmill operations, Empire Mat and Empire Service became standout operations, and the company has recently taken additional steps to position the company for long-term success.
“Empire Group’s recent results and future prospects are one of the many reasons we envision success for Leighton and his team,” said Josh Edwards, Managing Director of HORNE Capital. “We are excited to have helped bring additional capital and flexibility that Empire Group can leverage to compete at the highest level.”
About HORNE Capital: HORNE Capital is a Mississippi-based investment banking firm that specializes in sell-side transaction advisory services from operational consulting through deal negotiation and due diligence. HORNE Capital serves founders and entrepreneurs in emerging growth and middle market companies. www.hornecapital.com
About Empire Group: Empire is a group of companies that provides access mats, powerline, and pipeline services nationwide. Empire Group empowers the energy industry by offering a specialized suite of services for every stage of your project. From front-end clearing to mat inventory to transport, Empire Group has you covered every step of the way. https://yourempiregroup.com/
About Blue Hen Agency: Blue Hen is an alliance of uniquely qualified consultants dedicated to breeding champions in business. They partner with organizations facing crisis, critical moments, and opportunities for growth to offer highly customized, holistic strategies to help them win. Blue Hen brings the experience and specialized expertise to prepare for the possible pitfalls and guide your leadership across the finish line. They work to guide your business and communication strategy to ensure intended outcomes, and to care for the mental health of your leaders and team throughout the entire race. https://lavongray.com/
For more information:
Stacey Gaines
HORNE LLP
601.326.1000
stacey.gaines@hornellp.com
Source: HORNE LLP