Transactions

the assets of Kwik-File have been acquired by The Mayline Group MERTZ ASSOCIATES acted as advisor to The Mayline Company in designing an acquisition search program, contacting potential sellers, evaluating proposals, structuring the purchase agreement and participating in negotiations.

• KWIK-FILE, Minneapolis, Minnesota, is a manufacturer of metal business furniture, including mailroom sorters and work tables, desks, cabinets and accessories. They also manufacture the Marcadet high capacity lateral filing cabinet. Sales are approximately $10 million.
   
• THE MAYLINE GROUP, Sheboygan, Wisconsin, is a leading manufacturer of contract office and technical furniture with sales over $75 million. Product lines include sit-to-stand adjustable computer workstations, mailroom furniture and systems, large format and specialty filing systems, local area network (LAN) support furniture and cabinets, and technical drawing/drafting furniture. The Kwik-File acquisition helps support Mayline’s growth strategy to significantly increase exposure and volume in the contract furniture mid-market and includes dominant positions in niche markets previously unserved by Mayline.