In a transaction to help accelerate its growth, Bettcher Industries has received an equity investment from Morgenthaler Private Equity. Bettcher, which manufactures food preparation equipment, along with cutting and trimming tools, is an employee-owned company and as such, its associates will be minority owners in the organization.
The entire management team and structure of Bettcher Industries remains unchanged, with Don Esch, president and CEO, continuing to lead the company, per a release announcing the transaction.
“Our customers will see no changes in how we serve them, although we anticipate being able to offer new products and services in the coming months and years,” Esch said in a statement.
The investment provides Bettcher with access to additional capital and resources as it continues to execute its growth plans, including actively seeking strategic add-on acquisitions, according to a release announcing the transaction.