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Kanbrick Announces Acquisition of Calibration and Testing Company JM Test Systems in Partnership with Family Owners, the Morrisons
CHICAGO, February 28, 2023-- Kanbrick, the long-term investment partnership focused on investing in and building founder- and family-owned businesses, today announced its partnership with JM Test Systems, which calibrates, repairs and tests a wide variety of equipment. Kanbrick will partner with current owners, the Morrison family, to support the next phase of growth for the business.
For nearly half a century, JM Test Systems has been dedicated to helping the world run accurately and safely by calibrating, renting, and distributing test and measurement equipment and providing other related services and products.
“We’re delighted to partner with Kanbrick on the next phase of growth for JM Test,” said CEO Scott Morrison. “Kanbrick was the clear choice given their long-term perspective, experience building businesses, and focus on partnering with family- and founder-owned businesses. We’re looking forward to continuing to deliver best-in-class services for our customers and accelerating growth, while honoring our father’s legacy.”
The idea for JM Test began in 1982, when founder Ed Morrison, an equipment manager for a large instrumentation and electrical contractor in Louisiana, saw an opportunity to enhance service for customers. He knew just how important high-quality certified test equipment was to a jobsite. But when he couldn’t find vendors that lived up to his standards, he launched JM Test out of a borrowed trailer in a backyard. He grew the firm and eventually passed the business on to his three sons, who have run JM Test and helped expand to 10 locations in the United States.
“JM Test has espoused the values of quality, accuracy and reliability since it was founded more than 40 years ago and has delivered consistent, annual growth,” said Tracy Britt Cool, Co-Founder of Kanbrick. “That kind of legacy is rare, and we’re proud to have the opportunity to partner with the Morrison family and the JM Test team to build on its reputation of satisfied customers and unparalleled solutions.”
The Kanbrick team will work closely with the JM Test team to expand into new geographies and adjacent services, grow through strategic M&A, and continue building a strong platform providing mission-critical test and calibration services for high cost-of-failure equipment in diversified commercial applications.
Kanbrick is a long-term investment partnership founded by Tracy Britt Cool and Brian Humphrey. Kanbrick is focused on acquiring, growing, and building great businesses by providing a long-term home for companies. Kanbrick partners closely with owners and executives, taking a hands-on approach to empower people and companies to reach their full potential. For more information, visit: www.kanbrick.com.
About JM Test Systems
Founded over 40 years ago, JM Test provides mission-critical test & measurement equipment and services to thousands of customers in a variety of industries, ensuring accuracy, reliability, and quality. JM Test’s full-service metrology labs provide sales, rental, test, and calibration services for customers’ mission-critical test & measurement and electrical safety equipment. JM Test is increasingly bringing its full suite of mission critical services to more local markets in the United States. For more information, visit: https://jmtest.com/
CMAND for Kanbrick