NATIONAL OFFICE – BKD Capital Advisors (BKDCA) is pleased to announce that Ross and White Company (Ross and White) has executed a stock sale to Megnada Enterprises, Inc. (Megnada), a holding company for a Chicago family office. BKDCA served as the exclusive financial advisor to Ross and White on this deal.
Ross and White engineers, manufactures and installs innovative, Heavy Duty Large Vehicle Wash Systems, serving customers in the transit and private sectors. Known for its quality and innovation, Ross and White introduced the first “touchless” high-pressure wash system in the transit industry and the “Buck Cyclone Cleaner,” which is still used today to clean the interior of buses and rail cars.
Ross and White sought a capital advisor to help secure the company’s future and facilitate its vision. BKDCA carried out an in-depth marketing strategy that leveraged Ross and White’s 86-year operating history and its stellar reputation for producing high-quality products. This combined with BKDCA’s persistence and thoroughness during the process helped successfully close a rewarding transaction for the client.