The Company

Dixie-Southern Arkansas, LLC

An industry leading, custom steel-fabricator of large and heavy ASME code vessels, tanks, pipe and other mechanical components for all industrial processes.

The Challenge

The parent company in Florida had purchased the assets in Arkansas as a way to expand operations and provide a more centrally located facility to ship from. After a successful first year, the second year was riddled with production issues that resulted in a significant loss and ultimately impacted the viability of the Florida operation. Ownership decided to divest the Arkansas facility.

The Process

Equity Partners was retained to market the assets as a going concern and generated significant interest in the company within 60 days.

The Solution

Equity Partners conducted an auction among multiple qualified bidders and after 22 rounds of competitive bidding, an entirety offer was selected that paid off the secured debt in full and allowed operations in Florida to continue.