Fecon LLC, a global manufacturer of heavy-duty forestry mulching equipment and related forestry accessories for over 30 years, has announced that LFM Capital has sold Fecon to Windjammer Capital Investors.
Fecon was founded in 1992 and is based in Lebanon, OH, and serves a variety of end markets, including utility and infrastructure maintenance, right-of-way/site development, fire prevention and other applications. Its products include the Bull Hog forestry mulcher, tracked carriers and tractors, as well as a full range of attachments and other equipment for vegetation management. The company has a large installed base and more than 550 dealer customers nationwide.
Bob Dieckman, CEO of Fecon, commented, “We are appreciative of the guidance provided by the LFM team, which allowed Fecon to confidently pursue a number of strategic and operational priorities that have enabled strong growth over the last three years. We are excited about partnering with the Windjammer Capital team and look forward to the company’s continued success.”
“Fecon is a great example of the type of business Windjammer seeks for investment – a niche market leader, delivering mission critical products and services with a solid market position,” said Matt Anderson, Managing Director at Windjammer. “Fecon’s strong market positioning, bolstered by robust vegetation management trends offers great opportunity for growth, both organically and through acquisition. We’re excited to partner with Bob and the Fecon team to further bolster their market leading capabilities.”
“Fecon’s management team has built a well-respected business that delivers a proven customer value proposition that is second to none," added Greg Bondick, Managing Principal at Windjammer. “We look forward to working closely with the Fecon team to capitalize on its multiple growth opportunities.”
