Stambaugh Ness Initiates Sale of Food Plant Engineering to Foth

SN sourced and advised the Cincinnati-based firm on its acquisition by a global science and engineering leader.

Stambaugh Ness (SN), a leading Mergers and Acquisitions (M&A) advisor specializing in the architecture, engineering, and construction (AEC) industry, is proud to announce its role in facilitating the sale of Food Plant Engineering to Foth.

Expanding Capabilities in Food Manufacturing

Based in Cincinnati, Ohio, Food Plant Engineering has built a reputation for excellence over the last 72 years. The transaction includes both Food Plant Engineering, LLC and Food Plant Construction, LLC, integrating their specialized expertise with Foth, a science and engineering firm. This strategic acquisition significantly enhances planning, design, and construction capabilities for the food and beverage manufacturing sector by bringing together two firms committed to developing innovative solutions to production and facility challenges.

SN’s Role in the Transaction

SN’s Mergers & Acquisitions team, led by Jeff Adams, CPA, CM&AA, initiated the transaction and advised Food Plant Engineering throughout every stage of the deal. Leveraging deep industry insight, SN provided a comprehensive suite of services, including:

• Market Preparation & Strategic Sourcing: Preparing the opportunity for market, researching and identifying key strategic acquirers, and generating multiple competitive alternatives.
• Offer Evaluation & Negotiation Support: Analyzing multiple buyer proposals, supporting the seller through negotiations, advising on tax considerations, and optimizing the deal for operational efficiency.
• Due Diligence & Closing Support: Ensuring a smooth and compliant transition.

Reflecting on the transaction, Jeff Adams, CPA, CM&AA, Director of Mergers & Acquisitions at Stambaugh Ness, commented on the strategic nature of the match:

“In the AEC industry, specialized expertise is highly valued. Food Plant Engineering has established itself as a leader in the food manufacturing niche, and finding a partner that could scale that expertise was critical. Foth’s commitment to innovation and growth makes them the ideal home for this legacy. We were proud to initiate and guide this transaction to a successful close.”

Mark Redmond, President of Food Plant Engineering, shared his enthusiasm for the firm’s future:

“Joining Foth is a tremendous opportunity, not only for our FPE team but, most importantly, for our clients. We are proud of what we’ve been able to accomplish alongside some of the best food manufacturers, and I’m excited to enhance their access to an even wider range of capabilities.”

About Stambaugh Ness

Stambaugh Ness is a multi-disciplinary, professional services firm serving clients nationally with a singular focus on the architecture, engineering, and construction industries.  Through Stambaugh Ness, clients have access to a diverse menu of services, including compliance, government contract services, strategic tax solutions, technology and cyber risk advisory, data solutions, Microsoft solutions, Deltek ERP software, strategic growth advisory, workforce and talent solutions, outsourced accounting, ownership transition, and mergers and acquisitions.

The firm is an independent member of the BDO Alliance USA, a nationwide association of independently owned local and regional accounting, consulting, and service firms with similar client service goals.