Mill Point Capital Partners with E&M Logistics

The Bronx, NY – September 7, 2021

E&M Logistics, Inc. (“E&M”, or the “Company”), one of the nation’s leading direct store delivery (“DSD”) distributors of ice cream, frozen and fresh foods, and beverages, announced that it has partnered with Mill Point Capital LLC (“Mill Point Capital”), a middle-market private equity firm focused on control-oriented investments in the business services, industrials, and IT services sectors in North America.

The Mill Point team employs an Executive Partner model and has extensive experience investing in transactions in the distribution and business services sectors. For the E&M transaction, Jim Schubauer, an industry veteran with over 30 years of operating and management experience, will serve as Mill Point’s Executive Partner. Previously, Jim Schubauer served as the President and CEO of one the world’s largest premium food distributors, where he successfully professionalized a family-owned business through the expansion and refinement of overall operations. Jim Schubauer will serve as Executive Chairman and CEO of E&M upon the transaction closing, with the active support and insight of Martin Kelly, founder of E&M.

“The strength and depth of the entire senior management team at E&M is what makes this such a compelling opportunity. With Martin’s continued support and the strategic insight of Mill Point’s team, I am confident that E&M is uniquely positioned to further elevate its relationships with key suppliers and strengthen the Company’s core operating principle of flawless customer service,” commented Jim Schubauer.

Martin Kelly, Founder of E&M and member of the Board of Directors, added “It is clear to me and the senior team at E&M that Mill Point provides meaningful and relevant experience and resources that will help us build upon a successful platform with significant growth opportunities. I am eager to work alongside Jim and Mill Point to bring E&M into its next stage of profitable growth.”

“Under the leadership of Martin Kelly and his management team, E&M has grown into a true market leader in DSD distribution in the New York Metro area. We look forward to partnering with Martin, Jim, and the rest of the E&M team to execute on multiple growth opportunities and other strategic initiatives,” said Dustin Smith, Partner of Mill Point Capital.