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EZ Shipper Racks

The Deal

Bought By
Ned Tomasevic
Year
2015
Vehicle
Toma Capital Management, backed by Anacapa Partners and M2O
Kind
Physical operations

A Westlake Village, California company renting and recovering reusable shipping and display racks that nurseries use to send plants to retailers, through a nationwide network of asset recovery facilities.

What Happened Next

Geneva Glen Capital announced on September 13, 2018 that it had acquired the company in partnership with him, and that he would keep a significant ownership stake and go on leading it; one backer now files it as inactive.

They sold a majority 3 years in, in 2018, and stayed with the company.

The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.

Backed by the Same Firms

M2O

Anacapa Partners

Method & Source

This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts rather than inferred.