Periculum Announces Completed Sales of Central States Enterprises, LLC's Feed and Bagging Operations to Furst-McNess Company

Periculum Capital Company, LLC (“Periculum”) is pleased to announce it has completed the sale of Central States Enterprises, LLC’s (“CSE” or “Company”) Feed and Bagging Operations located in Lake City, Florida (“Lake City”) to Furst-McNess Company.

Lake City was founded in the 1980’s to better serve CSE’s southeastern poultry and dairy customers. Lake City engages in bulk grain and feed ingredient merchandising, produces packaged grain products such as various animal feeds, private label bagged products, and operates transload operations on the Norfolk Southern railroad.

Periculum has been CSE’s exclusive Financial Advisor for several years, completing multiple debt placements, a minority equity sale, and other periodic assignments. Periculum was pleased to once again be of service to the Company.

CSE is headquartered in Heathrow, Florida, and previously had significant grain origination operations in Indiana. Periculum represented the Company in the sale of its grain operations to ADM in 2021.

About Periculum Capital Company, LLC
Periculum is a leading investment and merchant banking firm serving the corporate finance needs of middle market companies. The firm was founded in 1998 to provide sophisticated financial advisory and transaction services. Periculum is committed to achieving superior outcomes for its clients by delivering customized investment banking services that maximize value while still meeting clients’ individual goals and objectives. The firm’s primary services include M&A, capital markets, and restructuring advisory, as well as specialized merchant banking services.