For Immediate Release
September 12, 2008
Ewing Bemiss & Co. Announces the Recapitalization of Granite Seed Company
Richmond, Virginia – Ewing Bemiss & Co. is pleased to announce that Granite Seed Company (“Granite Seed” or the “Company”) has been recapitalized by Marwit Capital (“Marwit”). Ewing Bemiss & Co. represented Granite Seed Company in the transaction. Sam Bemiss, Brent Belding and Jennifer Blessing worked on the transaction for Ewing Bemiss & Co. Granite Seed is a leading distributor of seed, erosion control products and planting aids used for land reclamation and management of rangeland, pasture and turf. Granite Seed’s products are used primarily to re-vegetate land following dramatic disturbances caused by wildfire; oil and gas exploration, development and transportation; surface mining; highway construction; and real estate development. Based in Lehi, Utah, the Company sells seeds for grasses, wildflowers, forbs, shrubs, trees, legumes and cover crops as well as products that protect seedbeds from damage by water and wind.
Marwit Capital is a private equity firm based in Newport Beach, California. Founded in 1962, Marwit is one of the oldest and most experienced private equity firms in the United States. Marwit is an active, long-term investor committed to building substantial value for their portfolio companies and capital partners.
Ewing Bemiss & Co. is an investment bank focused on delivering superior service and optimal results to middle market companies. Since its founding in 1992, Ewing Bemiss & Co. has given clients across a broad range of manufacturing and services sectors the benefit of its extensive transaction experience and strong relationship orientation. Ewing Bemiss & Co. provides merger and acquisition advisory, private capital formation, financial restructuring and strategic advisory services.
Ewing Bemiss & Co. is widely recognized for in-depth sector knowledge and expertise developed through proactive research, years of dedicated service and the development of strong relationships with sector participants in several industries, including Healthcare, Energy, Transportation & Logistics and Business & Technology Services. For more information, please visit www.EwingBemiss.com.