BNET Industries
Last Fiscal Year Sales:$55.7M
- Private
- US
Dow Jones Description
Commercial Furniture Mfr
Number of Employees 418
Peer Companies
NAICS Code Institutional Furniture Manufacturing: 337127
News & Analysis
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mity enterprises inc. - All News and Analysis
Mity Enterprises announces new chief executive officer
- 2007-08-08
OREM -- Mity Enterprises Inc. said Tuesday it has named Randall Hales as its new chief executive officer. Bradley T. Nielson, president and CEO, has announced he will leave the company. He will become a member of the company's board of directors. Hales joins Mity after...
MITY Enterprises Appoints New CEO
- 2007-08-07
Bradley Nielson to Assume Board Responsibilities OREM, Utah -- MITY Enterprises, Inc. has named Randall Hales as the new Chief Executive Officer of MITY Enterprises effective July 30th, 2007. Bradley T Nielson, the current president and chief executive officer, has announced he will be leaving the company. However, he...
Orem-based Mity merges with 2 Utah firms
- 2007-07-19
An Orem-based institutional furniture manufacturer has announced the completion of its merger with two Utah private equity firms. Sorenson Capital and Peterson Partners have finalized plans to purchase Mity Enterprises Inc. in a deal valued at $75 million. The buyers previously announced their intentions to take Mity private...
Sorenson Capital and Peterson Partners Completes Acquisition of MITY Enterprises
- 2007-07-18
OREM, Utah -- MITY Enterprises, Inc. ("MITY"; NASDAQ: MITY) announced today that it was acquired by Sorenson Capital Partners, L.P. Sorenson Capital and Peterson Partners LP Peterson Partners via a merger with an affiliate of Sorenson Capital and Peterson Partners following the satisfaction of the closing conditions of the previously...
MITY Shareholders Approved Proposed Merger
- 2007-06-27
OREM, Utah -- MITY Enterprises, Inc. ("MITY" or the "Company") (NASDAQ:MITY) announced that at a special meeting of shareholders held today the Company's shareholders approved the proposed merger agreement providing for the merger of MITY with an affiliate of Sorenson Capital Partners L.P. and Peterson Partners LP. Based on...
Mity Enterprises Inc., a manufacturer of institutional furniture based in Orem, UT, agreed to be acquired by two UT-based private equity firms in a deal valued at approximately $75 million, according to Desert News
- 2007-06-01
Mity Enterprises Inc., a manufacturer of institutional furniture based in Orem, UT, agreed to be acquired by two UT-based private equity firms in a deal valued at approximately $75 million, according to Desert News. Sorensen Capital and Peterson Partners, the buyers, say they plan to take the company private again...
MITY Enterprises, Inc. Announces Results for Fourth Fiscal Quarter and Year End
- 2007-05-31
OREM, Utah -- Bradley T Nielson, president and chief executive officer of MITY Enterprises, Inc. (Nasdaq:MITY), today announced operating results for the fourth quarter and fiscal year ended March 31, 2007. Net sales for the fourth quarter totaled $14.6 million compared to $13.9 million a year ago, an increase...
MITY Enterprises Fourth Fiscal Quarter and Year End 2007 Earnings and Conference Call
- 2007-05-29
OREM, Utah -- MITY Enterprises (NASDAQ:MITY), a designer, manufacturer and marketer of a variety of institutional furniture, will hold its quarterly conference call to discuss fourth fiscal quarter and year end results on Thursday, May 31, 2007, at 4:30 p.m. Eastern Time (2:30 p.m. Mountain Time). The earnings for the...
Orem's Mity OKs purchase
- 2007-05-04
Orem-based Mity Enterprises Inc. said Thursday it has agreed to be acquired by two Utah private equity firms in a deal valued at about $75 million. The buyers, Utah-based Sorenson Capital and Peterson Partners, say they will take the company private again and focus on its growth. ...
MITY Enterprises, Inc. to Be Acquired by Sorenson Capital and Peterson Partners for $21.50 Cash Per Share
- 2007-05-03
OREM, Utah -- MITY Enterprises, Inc. (NASDAQ:MITY) announced today that it has signed an agreement to be acquired by means of a merger with an affiliate of Sorenson Capital Partners, L.P. Sorenson Capital and Peterson Partners LP Peterson Partners. Under the terms of the merger agreement, the holders of MITY...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Randall L Hales | CEO |
| Paul R. Killpack | CFO |
| Kevin W. Stoker | Vice President, Sales, Marketing |
| Lon Allen | Vice President, Marketing |
| Gregory D. Dye | Secretary |
| Ralph E. Crump | Director |
| S Scott Crump | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Bradley T. Nielson | Board of Directors |
| C. Lewis Wilson | Board of Directors |
| Gregory L. Wilson | Board of Directors |
| Hal B. Heaton | Board of Directors |
| Peter Najar | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Mity Enterprises, Inc. | CEO | Current |
| Bulletproof Veil, Inc. | President, Back To Basics Products, Inc. | Former |
| Bulletproof Veil, Inc. | Product Director | Former |
| Organization | Position | Status |
|---|---|---|
| Mity Enterprises, Inc. | CFO | Current |
| Organization | Position | Status |
|---|---|---|
| Mity Enterprises, Inc. | Vice President, Sales, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Mity Enterprises, Inc. | Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Mity Enterprises, Inc. | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Mity Enterprises, Inc. | Board of Directors | Current |
| Mity Enterprises, Inc. | President & CEO | Former |
| Organization | Position | Status |
|---|---|---|
| Mity Enterprises, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| CIVC Partners | Partner | Current |
| Salt Lake City Corp | Board of Directors | Current |
| Graue Mill Partners, LLC | Board of Directors | Current |
| Design Imaging | Director | Current |
| Waterloo.Com | Board of Directors | Current |
| Broda Enterprises, Inc. | Board of Directors | Current |
| Stratasys, Inc. | Director | Current |
| Mity Enterprises, Inc. | Board of Directors | Current |
| Church Furnishings | President | Former |
| Mity | President | Former |
| Mity Enterprises, Inc. | Founder & President | Former |
| Trivest Partners, LP | Vice President | Former |
| Stereo Optical, Inc. | General Manager | Former |
| Maxim Partners | Founder | Former |
| Continental Bank Corporation | Middle, Market Buyout Financings | Former |
| Peterson Partners, L.P. | Chairman of The Board | Former |
| Indiana University | Masters of Business Administration Degree | Former |
| Indiana University | Bachelor of Science in Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Mity Enterprises, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Mity Enterprises, Inc. | Board of Directors | Current |
RALPH E. CRUMP has been a director since March 1988. Mr. Crump is President of Crump Industrial Group, an investment firm located in Trumbull, Connecticut. He is a founder and director of Stratasys, Inc. (Nasdaq). He was also a founder, director and chairman of Structural Instrumentation, Inc. Mr. Crump was a founder and director of Osmonics, Inc. which merged in 2003 with General Electric (NYSE). From 1962 until 1987, Mr. Crump was the President and Chairman of Frigitronics, Inc. (NYSE). Mr. Crump is also a Trustee of the Alumni Foundation of UCLA and is overseer for the Thayer Engineering School at Dartmouth College. He received a Bachelor of Science Degree in Engineering from UCLA and a Bachelor of Science Degree in Marine Engineering from the U. S. Merchant Marine Academy. Mr. Crump is a licensed professional mechanical engineer by examination. Mr. Crump is a member of the Audit, Compensation, and Nominations Committees. He chairs the Compensation Committee.
| Organization | Position | Status |
|---|---|---|
| Stratasys, Inc. | Founder | Current |
| Stratasys, Inc. | Director | Current |
| Mity Enterprises, Inc. | Director | Current |
| Heath Engineering Company | chief executive officer | Former |
| Heath Engineering Company | Chairman | Former |
| Vishay Transducers Inc. | Chairman | Former |
| University of California, Los Angeles | Bachelor of Science Degree In Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Stratasys, Inc. | Chief Executive Officer, President, Treasurer and A Director. | Former |
| Stratasys, Inc. | Chairman, CEO & President | Former |
| Lumy, Inc. | Director | Current |
| Stratasys, Inc. | Chief Financial Officer | Former |
| I/D/E/A/ Inc. | Vice President of Sales | Former |
| Stratasys, Inc. | Co-Founder | Former |
| I/D/E/A/ Inc. | Co-Founder | Former |
| Vishay Transducers Inc. | Chairman | Former |
| Stratasys, Inc. | Director | Former |
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