Pittsburgh, PA (April 22, 2025) – Tecum Capital (“Tecum”) is pleased to announce its investment in Marcy Laboratories (“Marcy” or the “Company”), a Glendale Heights, IL-based provider of contract manufacturing services for fragrance brands. Tecum supported an investment led by LFM Capital, a Nashville, TN based lower middle market private equity firm focused on control investments in North American manufacturing and industrial services businesses, along with management.
Founded in 1963 and acquired by current owners Kevin Morton and Mike Buehler in 2018, Marcy has built a longstanding reputation for its reliability, flexibility, and customer service. The Company offers a broad suite of fragrance blending, filling, and packaging services tailored to the specific needs of its customers. Marcy will continue to be led by Morton, Buehler, and the existing management team.
Matt Harnett, Partner at Tecum, commented, “Marcy fits well within our investment strategy of supporting differentiated niche service providers with meaningful opportunities for continued growth. We are thrilled to partner with LFM given their significant manufacturing experience to support Marcy’s next phase of growth.”
Husnain Safdar, Senior Vice President at Tecum, added, “Management has built a nimble and customer-centric business, positioning Marcy as a leader in the industry. The Company’s strong customer relationships and consistent execution have laid the foundation for a scalable platform.”
Senior financing for the transaction was provided by Abacus Finance. Dentons served as legal counsel to Tecum. Matt Harnett, Husnain Safdar, and Ryan Beard led the investment at Tecum.
About Marcy Laboratories
Marcy Laboratories is a contract manufacturer that specializes in filling perfumes, colognes, eau de toilettes, body mists, room sprays, reed diffusers, linen sprays, and fragrance samplers. Founded in 1963 and based in the Chicagoland area, the Company serves large fragrance brands, specialty retailers, and other select beauty customers. For additional information, please visit www.marcylaboratories.com.
Tecum Capital is a Pittsburgh, Pennsylvania-based private investment firm deploying capital in lower middle-market companies. Tecum provides mezzanine debt and equity investments in growth-oriented middle-market companies across the broader environmental/industrial services, high-value manufacturing, value-added distribution, and business services sectors. Our team partners with independent sponsors, family offices, committed funds, business owners seeking succession plans, and management teams to create shared success. Tecum manages two Small Business Investment Company (“SBIC”) licensed funds and is currently investing out of Tecum Capital Partners III, L.P, a $305 million fund launched in September 2021. Since 2006, the team has collectively invested more than $1 billion in over 160 platforms and add-on acquisitions. For more information, please visit www.tecum.com.