Fecon was sold to Windjammer Capital Investors.
The company was previously owned by LFM Capital. Fecon was founded in 1992 and is based in Lebanon, Ohio. The company serves a variety of end markets, including utility and infrastructure maintenance, right-of-way / site planning, fire prevention and other applications.
“We appreciate the guidance provided by the LFM team, which has enabled Fecon to confidently pursue a number of strategic and operational priorities that have enabled strong growth over the past three years,” said Bob Dieckman, CEO of Fecon. “We are delighted to partner with the Windjammer Capital team and look forward to the continued success of the business.
“Fecon is a prime example of the type of business Windjammer is looking for investment – a niche market leader, delivering mission critical products and services with a strong market position,” said Matt Anderson. , Managing Director of Windjammer. “Fecon’s strong market positioning, bolstered by strong vegetation management trends, offers an excellent opportunity for growth, both organically and through acquisition. We are delighted to partner with Bob and the Fecon team to further strengthen their capabilities as market leaders.