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Tennessee Mat Company, Inc.

Family Succession Buyout

Located in Nashville, Tennessee, and founded in 1950, Tennessee Mat Company manufactures commercial matting products — everything from entrance mats to anti-fatigue products to wheel chocks. In the fifty years since its inception, Tennessee Mat Company has significantly contributed to the advancement of matting technology and was the first to introduce anti-fatigue matting in 1963.

EFT Source, Inc. logo

EFT Source, Inc.

Management Buyout of Retiring Owners

EFT Source, Inc. was established in 1986 and is based in Nashville, Tennessee. EFT personalizes plastic cards, primarily financial institution debit cards. The company’s services include card graphics design, printing, encoding, embossing, and data processing services related to plastic card management and issuance. EFT primarily targets small to medium sized financial institutions.

S&K Associates, Inc.

Add-On Acquisition for EFT Source

S&K Associates is located near Boston, Massachusetts, and has been in business since 1979. The company performs card conversion work for financial institutions as well as embosses ATM cards and debit cards. EFT has been a vendor to S&K for a number of years providing services relating to debit cards. This acquisition provides EFT with New England presence as well as an entrance into the card conversion business.

narcoteNarcote, L.L.C. logo

Narcote, L.L.C.

Management Buyout of Corporate Spin-Off

Located in Piney Flats, Tennessee, Narcote L.L.C. coats and laminates a variety of fabrics such as cotton, polyester, nylon and rayon. These fabrics are used in various end user markets including allergy bedding protection, infant bibs, outerwear, and incontinent items. Narcote was created in 1955 as a division of North American Rayon to treat knitted rayon with polyvinyl chloride (PVC). Narcote coats and laminates for a variety of customers on a commission basis as well as offers a complete line of finished barrier fabrics.

Buford Bros., Inc.

Management Buyout of Retiring Owner

Buford Bros., Inc. is a distributor of industrial supplies that was founded in 1837, making it one of the oldest businesses in Nashville, Tennessee. Buford Bros. carries an inventory of over 15,000 items including air equipment, cutting tools, abrasives, machine tools, hydraulic systems, lubrication equipment, material handling equipment, and electric and pneumatic tools.

Greer Stop Nut, Inc.

Management Buyout of Corporate Spin-Off

Greer Stop Nut, Inc. is a leading manufacturer of specialty metal and treaded female fasteners. Greer was established in 1963 as a manufacturer of nylon insert prevailing torque nuts. GCA purchased Greer in 1992.