Mellott Announces New Partnership
NEW MELLOTT PARTNERSHIP
Mellott Aligns Themselves for Continued Growth and Expansion
Warfordsburg, PA — October 21, 2021— Today, Mellott would like to formally announce their partnership with MFG Partners (MFG) and PNC Mezzanine Capital (PNC). Global investment bank Stout served as exclusive financial advisor to Mellott in connection with this transaction.
“We are very excited and thankful for our partnership with MFG. We will continue to operate as a family business, adhering to the traditional corporate values that have sustained us for the past century. Delivering impeccable customer service will continue to be our core focus. I’m optimistic about the timing of this venture—with a new federal infrastructure deal on the horizon—and confident that it will position Mellott to capitalize on boundless opportunities.,” said Rich Blake, President & CEO of Mellott.
Mellott is no stranger to innovation. This partnership marks another milestone in a long 100-year history of Mellott’s willingness to adapt to improve its stance in the market, and its ability to service its customers. The partnership between MFG and Mellott will deliver immense opportunities for growth and expansion, while still maintaining the same excellent leadership team driven by the same core values of Safety, Integrity, Commitment, Respect and Excellence.