Yellow Cardinal Mergers & Acquisitions Announces the Sale of Vapor Systems Technology, Inc.
About the Transaction
Yellow Cardinal Mergers and Acquisitions is pleased to announce the association of Vapor Systems Technologies, Inc. with Ancor Capital Partners. VST is a premier designer and manufacturer of vapor recovery and fuel dispensing solutions for gasoline dispensing facilities (“GDF”). The Company is renowned for its California Air Resources Board (CARB) certified suite of balance hanging hardware and proprietary GREEN MACHINE™, an environmental control system for underground storage tanks designed to manage pressure levels, recapture fugitive emissions, and harvest actionable data on GDF operations, all via a remote monitoring service. VST operates at the forefront of the retail fuel dispensing industry, thanks to innovative technologies that simultaneously address evolving regulatory demands, reduce environmental impact, and save operators money. Ancor is particularly enthusiastic about the opportunity to invest alongside Glenn Walker, the Majority Owner and CEO of VST. Glenn Walker will continue as CEO of VST. He shared, “Ancor recognized the strength of our team, and we are excited to partner with them to build on our success. VST has experienced tremendous growth, and this partnership will help us expand our reach and impact in new market.
Yellow Cardinal came highly recommended and certainly met all our expectations during our search for a partner to expand our business and enhance our operations. Their entire staff showed extreme professionalism and patience in our search for the right partner, it cannot be overstated how important they were in our search and ultimate agreement, a perfect marriage has been formed to move forward with our anticipated international expansions.
About Vapor Systems Technologies, Inc.
Founded in 1990 and headquartered in Springboro, Ohio, VST specializes in the development, engineering, manufacturing, and sale of innovative solutions for the retail fuel dispensing industry. Their product lineup includes hoses, safety breakaways, nozzles, underground storage tank pressure management processors, and P/V Valves.
About Yellow Cardinal Mergers & Acquisitions
Yellow Cardinal Mergers & Acquisitions was the exclusive financial advisor to Vapor Systems Technologies, Inc. in connection with the sale of the Company. Yellow Cardinal assists buyers and sellers in navigating the complexities of M&A transactions. With over 150 years of combined experience, Yellow Cardinal has a wide range of capabilities and expertise including sell-side merger and acquisition, buy-side strategy and execution, and business succession services.
Carlton Zesch
Executive Managing Director
513.615.4122
Roger Furrer
Managing Director
937.610.9326
Stephen Ford
Managing Director
614.310.7692
* Testimonials may not be representative of the experience of other clients of Yellow Cardinal Mergers & Acquisitions and are not a guarantee of future performance or success.