Sani-Matic Inc. of Madison has been purchased by Wing Capital Group of Milwaukee.
“We’re extremely proud to have acquired Sani-Matic – another growing Wisconsin company,” said Jeff Beischel, founding partner and managing director of Wing Capital Group. “We look forward to working with Ted Lingard, president and CEO, and his management team in further advancing the company’s significant growth in the design and manufacturing of sanitary process cleaning systems.”
Sani-Matic was acquired from FCF Partners, LP, another Wisconsin-based private investment firm.
“It is unique for the majority ownership of a growing and global Wisconsin-based company to be retained by another Wisconsin based investment group. I believe we are both equally proud of this,” Beischel said.
Ted Lingard, president and CEO of Sani-Matic said, “We are very pleased to partner with Wing
Capital Group. They are strongly committed to our continuing success story as a thriving Wisconsin manufacturing company. We’re confident their extensive track record, operational expertise, and financial strength will help us achieve the next level.”