Bayside Capital has sold Environmental Filtration Technologies to Nederman Holding

Lincoln International, a leading global mid-market investment bank, has announced that Environmental Filtration Technologies, LLC (“EFT”) has been sold to Nederman Holding AB of Sweden. EFT was a portfolio company of Bayside Capital, Inc (“Bayside Capital” or “Bayside”).

Based in Charlotte, North Carolina, and with locations across North America, Germany, France and Australia, EFT is one of the world’s leading industrial air filtration companies. EFT offers air pollution control and air filtration equipment, including industrial dust collectors, baghouses, air and liquid filtration systems, filter bags and cartridges, as well as equipment and engineered systems for evaporation and distillation. EFT markets its products under the globally-recognized MikroPul, Menardi, Filtex, Filter-Media, LCI and Pneumafil brands. Lincoln International acted as the exclusive financial advisor to EFT and Bayside Capital, working closely with the company’s management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.

Doug Albert, EFT’s Chief Executive Officer, noted, “The Lincoln team worked hard throughout the process to provide alternatives, helping both management and Bayside navigate the process and achieve a fantastic outcome.”

Ryan Lissauer of Bayside Capital, added that he, “greatly appreciated Lincoln’s straightforward guidance and advice, particularly in dealing with the intricacies of a cross-border transaction.”

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