Infinity Capital Partners Advises Domino Equipment Company Through Sale to Crossplane Capital
Oklahoma City, OK (November 18, 2021) – Domino Equipment Company (“Domino”), an Oklahoma City, OK-based fuel and car wash distribution, construction, and service business, has been acquired by Crossplane Capital (“Crossplane”) of Dallas, TX. Barry Brodersen, founder of Domino, will remain with the company as CEO. Infinity Capital Partners served as exclusive investment banking advisor to Domino. Financial terms were not disclosed.
Since inception in 1988 Domino has emerged as a leader in petroleum and car wash equipment across Oklahoma. An authorized service provider and distributor of Wayne Fueling Systems fuel dispensers to hundreds of gas stations and convenience stores, Domino is also an operator of thirteen car washes across Oklahoma.
“I’m proud of what our team has accomplished in the last 32 years, and we are excited about the level of financial and operational sophistication Crossplane brings that will help our company grow over time. The Crossplane team embraces our family-oriented culture and are without a doubt the right partner for us as we go forward,” said Barry Brodersen.
“There are few people in this world as capable as Barry is at growing a small business and he has built a strong team around him. He helped to build Domino from the ground up over 30 years ago and grew it into a very dominant player in his industry,” said Chris Lee, Managing Partner at Infinity Capital Partners. “I am confident that Crossplane and Domino have a very bright future ahead.”
“Domino aligns very well with our focus on investing alongside strategically sound, family-owned, industrial services-based businesses,” said Ben Eakes, Partner of Crossplane Capital. “We are pleased to be partnering with the Domino team to continue the Company’s extraordinary growth over the next several years.”
McAfee & Taft served as legal advisor to Domino.
About Crossplane Capital
Launched in 2018, Crossplane Capital is a Dallas-based private equity firm that makes control investments in niche manufacturing, value-added distribution and industrial business services companies. The firm seeks to partner with lower-middle market companies to enhance financial performance and generate strategic value creation. For more information, please visit www.crossplanecapital.com.
About Infinity Capital Partners
Infinity Capital Partners is an Oklahoma City-based middle-market investment bank offering a broad range of advisory services to private companies and financial sponsors across a variety of industries. Infinity works closely with owner-operators, shareholders, founders, and management teams of private companies to provide tailored services including M&A advisory, debt and equity placements, recapitalizations, and strategic advisory. For more information about Infinity Capital Partners, including a list of current projects, please visit our website at www.infinitycapitalpartners.com. Securities placed through Infinity Capital Securities, LLC. Member FINRA.
Media Inquiries:
Claire Ashworth
Infinity Capital Partners
(405) 400-8977
cashworth@infinitycappartners.com