Insights
Benchmark International Successfully Facilitated the Transaction Between M.S. Johnston Company, Inc. and an Individual Investor
June 2, 2026
Benchmark International is pleased to announce the successful transaction between Hagerstown, MD-based M.S. Johnston Co., Inc., and an individual investor. M.S. Johnston is a full-service heating, ventilation, and air conditioning (HVAC) firm. The company also designs and sells refrigeration and food service equipment. M.S. Johnston installs and services the equipment it sells, in addition to designing custom components through its in-house sheet metal fabrication facility. The company primarily serves the HVAC market, including supermarkets, schools, nursing homes, restaurants, churches, government buildings, and office complexes.
M.S. Johnston Co., Inc. was founded in 1932 and incorporated under its current designation in 1956. Michael S. Johnston, P.E., son of M.F. Johnston and grandson of M.S. Johnston, the company’s founder, became a third-generation president and owner in 2000. Mr. Johnson is extremely proud of what his family has built over more than 90 years. He is seeking the best counterpart to help preserve his family’s legacy as he transitions out of the business and into retirement.
Work with the world’s leading sell-side M&A firm.
The buyer is an individual investor who recently retired from the armed forces and was seeking to acquire a business in the Washington, D.C. metropolitan area.
“Benchmark international is honored to have assisted in facilitating the next chapter for a great business and assisting Michael in finding a buyer he trusts to build upon the legacy his family has created over the last 90+ years.”
– Sean Fechtmann, Senior Transaction Director, Benchmark International
Share This Post
Categories
Get These Insights Delivered Directly To Your Email
Explore our curated collection today and stay ahead of the curve in M&A.
Related Posts
The Mark Volume XXVI is Now AvailableThe newest issue of The Mark is now available, featuring thought leadership, client success stories, and the official launch of Closing Remarks, Benchmark International’s first podcast. From founder journeys and transaction strategy to leadership, community impact, and global expansion, volume XXVI brings together the voices and perspectives defining M&A. How to Attract the Right Buyers: What Makes a Business More ValuableIn the dynamic world of mergers and acquisitions (M&A), selling your business is a complex process that requires strategic planning, valuation expertise, and an understanding of what potential buyers are looking for. Buyers and investors are driven by various motives, including growth acceleration, market expansion, and portfolio diversification. Successfully attracting the right buyers can significantly impact the sale price and the overall success of the transaction. But what exactly can make your business more valuable and appealing to prospective buyers? Let’s explore the key factors that may enhance your company's attractiveness in M&A and how you can position your business for maximum appeal.