Mazzone & Associates Advises Guardian Fueling Technologies on Recapitalization
Summer 2019 — Mazzone & Associates advised Guardian Fueling Technologies (“Guardian” or “Company”) on its recapitalization, which will enable the Company to pursue potential organic and inorganic growth opportunities and further align management and shareholder interests. The tailored capital structure and process created by Mazzone & Associates to meet goals held by management and shareholders ensured that the Company received the optimal balance of cost and availability of capital.
“We are excited to partner with SunTrust as we continue to execute in the marketplace and plan for future growth.”, expressed Joey Batchelor, CEO of Guardian. He continued his excitement for the Company’s prospects by stating “We appreciate the thoughtful guidance and advice provided by the Mazzone & Associates team throughout the transaction process. The M&A team was able to deliver a wide array of attractive financing options in an efficient, well-run process and was keen to focus on a tailored solution to meet our specific needs.”
Dom Mazzone, the Managing Director who led the transaction, highlighted, “Guardian’s results-driven culture and focus on delivering a wide array of solutions to its customers has driven the industry recognition that the Company has received. We are honored to represent and advise the Management team and Guardian’s shareholders on this transaction.
Guardian Fueling Technologies LLC, founded in 1972, is a Jacksonville, Florida-based servicer, installer, and distributor of fuel dispensing and storage equipment for retail, commercial, industrial, and marine fueling stations. Under the leadership of its experienced management team, the Company has grown from a small Florida-focused distributor to a full service provider of installation, maintenance, design and distribution services. Today, Guardian has over 12 branch locations throughout the Southeast and Mid-Atlantic.