Dahlonega, GA (PRWEB) January 16, 2013
PolyPortables, Inc., a leading manufacturer and distributor of portable sanitation products, announced that it has partnered with Jordan-Blanchard Capital (JBC) in a transaction that will ultimately lead to full transition of its ownership to JBC.
“I chose Jordan-Blanchard as my partner because they share our values and have a deep understanding of how family businesses operate. I am confident that JBC’s Principals have the experience, depth of knowledge, relationships, and capital to continue to grow PolyPortables”, said Kathy Crafton, former Chief Executive Officer of PolyPortables, and daughter of its late founders, Ed and Mitzi Crafton. Ms. Crafton will serve on the company’s Board of Directors, and continue to provide oversight and guidance to management during the transition. Operational management of the company is being transitioned to Jeff Thomas, who has assumed the role of interim Chief Executive Officer of the company. Mr. Thomas is also a Principal with JBC.
About PolyPortables, Inc.:
PolyPortables has been a leader in the development and growth of the portable sanitation industry for over 40 years. The company produces a wide range of portable restrooms, hand-washing stations, accessories, and environmentally friendly deodorizers at manufacturing facilities located in Dahlonega and Colbert, Georgia. PolyPortables serves customers world-wide through an expanding network of domestic and international distribution centers. For more information please visit http://www.polyportables.com.
About Jordan-Blanchard Capital:
Jordan-Blanchard Capital is an alternative asset management firm focused on investing in niche manufacturing businesses at the lower end of the middle market. The firm’s strategy is based on its Principals’ experience in creating value within these types of businesses by improving operations, optimizing capital utilization, enhancing business development activities, and building excellent management teams. Its current portfolio includes three other manufacturing businesses at locations in Georgia and Tennessee. For more information please visit http://www.jordanblanchard.com.