CHATTANOOGA, Tenn. (January 9, 2022) — FourBridges Capital announced today the acquisition of Mills Products Incorporated (“Mills” or “the Company”) by Logic Capital Partners, a private equity group that invests primarily in the manufacturing and distribution business sectors. FourBridges initiated the transaction and negotiated the terms on behalf of Mills Products.

Based in Athens TN with additional operations in San Luis Potosi, Mexico, Mills is a turnkey metal fabricator that serves the appliance and automotive industries. Founded in 1947 by Bob Mills Sr., the Company offers hydroforming, tubular stamping, roll forming, assembly and finishing services – including machining, welding and powder coating.The private equity group is committed to honoring the legacy of the renowned supplier and maintaining its culture and dedication to excellence for the benefit of both its customers and employees.

“I’m delighted to transition ownership of our company to a capable group with the resources to help the company grow,” said Darrell Adcock, the Company’s CEO. “FourBridges ran a great sales process for us and delivered a number of solid offers. In the end, Logic Capital was the best fit with our personal and corporate objectives.”

“One of the most rewarding parts of our job is finding a buyer who is truly a perfect fit for the seller we’re representing,” said Chris Rowe, managing director at FourBridges. “After conducting a broad marketing process, it was clear that this group was a great match for our client — from corporate philosophy to culture to growth goals. We really enjoyed watching the chemistry evolve during the process.”

The FourBridges team of Chris Rowe and Clay Stockett acted as exclusive M&A advisors on the deal. Serving as legal counsel were Mark Turner, Laura McKinney and Courtney Keehan of Chambliss Bahner Stophel for the Company, and Hugh Sharber and T. J. Gentle of Miller and Martin for the buyer.