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Back to blog August 10, 2018 No Comments Author: Andy Jones

Private Equity Investing in Manufacturing Companies

For the first half of 2018, collectively, private equity firms acquired Manufacturing companies more than any other sector. Here are a few sample transactions:

Private Equity Firms Investing in Manufacturing Companies

January 2018Alpharetta, GA

AEA Investors acquired Spectrum Plastics Group from Kohlberg & Company.

Spectrum Plastics Group, formed through the combination of Pexco, LLC and PPC Industries, Inc., is a designer and manufacturer of custom and specialty plastics products focusing on niche, high value-added end markets. Spectrum provides a comprehensive range of plastic and material solutions that include multiple thermoplastic and silicone tubing extrusion, injection molding, film, packaging, assembly and value-add manufacturing technologies.

February 2018 – Spectrum Plastics Group subsequently acquired Apex Resource Technologies as an add-on acquisition.

May 2018 – Spectrum Plastics Group subsequently acquired Fermatex Vascular Technologies from Vance Street Capital as an add-on acquisition.

 

February 2018Boaz, AL

Turning Basin Capital and Vigeo Investments acquired Pinnacle Manufacturing.

Pinnacle Manufacturing manufactures and refurbishes tanks and containers used for the storage, transportation and disposal of hazardous and non-hazardous solids and liquids.

 

March 2018Houston, TX

The CapStreet Group acquired American Packing & Gasket, LLC.

APG is a master distributor and manufacturer of MRO products, including gaskets, packing material, O-rings, industrial hose couplings, and other miscellaneous items, used in manufacturing and process industries for the maintenance and repair of various types of industrial equipment.

 

April 2018Valencia, CA

Arsenal Capital Partners acquired a majority interest in Fralock.

Fralock is a design, engineering and manufacturing company of specialty components and subassemblies.

 

May 2018San Jose, CA

Aterian Investment Partners acquired Vander-Bend Manufacturing, Inc.

Vander-Bend Manufacturing, Inc. is a developer, manufacturer, and assembler of precision products sold into medical technology, data center infrastructure, semiconductor capital equipment, and other end market applications.

 

May 2018Fort Smith, AR

Trive Capital acquired the assets of SSW Holding Company Inc.

SSW Holding Company Inc. is an engineered products manufacturer for the appliance, HVAC and other industrial segments.

 

May 2018Creston, IA

Trive Capital, through its affiliate WDC Acquisition LLC, acquired substantially all of the assets of Wellman Dynamics Corporation pursuant to Section 363 of the U.S. Bankruptcy Code.

Wellman Dynamics Corporation is an aerospace supplier known for manufacturing large scale, complex magnesium and aluminum castings.

 

July 2018Houma, LA

Boyne Capital partnered with management to acquire A.S.A.P. Industries Manufacturing, Inc.

ASAP Industries manufacturing is an American Petroleum Institute (API) certified manufacturer of a variety of flow control products that are used in drilling, completion, and production equipment. Products include drilling and adapter spools, sand separators, and frac heads.