Industrial

Client
Business
Transaction

Achill Partners

Cleveland, OH

Invests in middle market businesses.  

Type: M&A, Acquisition

Details: Acquisition of Woodhill Plating Company (Cleveland, OH)

American Gas Group
Toledo, OH
Distributes specialty, rare, and industrial gas products globally.
Type: M&A, Sale
Details: Sold to Praxair (Danbury, CT)
Antex of Rochester
Rochester, NY
Manufactures automotive components.
Type: M&A, Sale
Details: Sold to Jasco International (Rochester, NY)
Argo-Tech
Cleveland, OH
Manufactures main engine fuel pumps and commercial and military airframe fuel pump and control products.
Type: Fairness Opinion
Details: Sold to Eaton (Cleveland, OH)
Argo-Tech
Cleveland, OH
Manufactures main engine fuel pumps and commercial and military airframe fuel pump and control products.
Type: M&A, Sale, Fairness Opinion
Details: Sold to Greenbriar and Vestar (New York, NY)
Arrowhead Industries
Cleveland, OH
Markets and distributes automotive trunk tools and trim.
Type: Financial Advisory
Details: Financial advisor in joint venture with HÜHOCO (Wuppertal, Germany)
ArvinMeritor
Troy, MI

Columbus Stampings Division
Columbus, IN
Manufactures metal stampings and sheet metal.
Type:M&A, Sale
Details: Sold to Viking Industries (Cleveland, OH)
ASC Signal
Whitby, Ontario, Canada
Designs, manufactures, and sells satellite earth stations, air traffic control radar antenna, and high frequency antenna products.
Type: Financial Advisory
Details: Raised senior debt capital
Atlantic Plywood Corporation
Woburn, MA
​Leading distributor of industrial wood products and related accessories throughout several metropolitan markets in the Northeastern U.S. 
Type: M&A, Sale
Details: Sold to Parksite Inc. (Batavia, IL)

Auburn Armature, Inc. 

Auburn, NY

Leading electric motor repair and wholesale distributor of electrical and related products.  

Type: M&A, Sale

Details: Sold to AAI Acquisition, a subsidiary of Power Flo Technologies

(New Hyde Park, NY)

Avon Bearings
Cleveland, OH
Manufactures large diameter bearings.
Type: M&A, Sale
Details: Sold to Kaydon (Muskegon, MI)
Beech Technology Systems
Mentor, OH
Manufactures tooling dies and wax patterns used in jet engine assembly.
Type: Financial Advisory
Details: Buy-side advisory
Bettcher Industries
Vermilion, OH

Wizard Division
Vermillion, OH
Manufactures patented safety gloves.
Type: M&A, Sale
Details: Sold to Wells Lamont (Chicago, IL)
Bevcorp Industries
Willoughby, OH
Provides can and bottle fillers, blenders, crowners, cappers, steamers, handling equipment, rinsers, refrigeration equipment, and deaeration systems for the beverage industry.
Type: M&A, Sale
Details: Sold to Itochu (Tokyo, Japan)
Cardinal Fastener
Cleveland, OH
Manufactures hot forged, large diameter fasteners for the wind energy industry.
Type: M&A, Sale, Restructuring
Details: Sold to Würth Group (Künzelsau, Germany) in Chapter 11 bankruptcy proceeding
Carr Concrete Corporation
Waverly, WV
Leading building products manufacturer for the North American energy and infrastructure markets.
Type: M&A, Sale
Details: Sold to CXT Inc. (Spokane, WA)
Chemi-Trol Chemical
Gibsonburg, OH
Manufactures large propane and ammonia tanks.
Type: M&A, Sale
Details: Sold to Harsco Corporation (Camp Hill, PA)
Chemi-Trol Chemical
Gibsonburg, OH

Cal-Van Tools Division
Gibsonburg, OH
Manufactures and distributes specialty automotive tools.
Type: M&A, Sale
Details: Sold to Horizon Tool (Greensboro, NC)
Chemi-Trol Chemical
Gibsonburg, OH

Cory Orchard & Turf Division
Indianapolis, IN
Distributes fertilizers and other agricultural and turf products.
Type: M&A, Sale
Details: Sold to Terra International (Louisville, KY)
ChemPower
Akron, OH
Provides manufacturing, construction, and environmental services for the power generation industry.
Type: M&A, Sale
Details: Sold to American Eco (Houston, TX)
Chili Plastics
Rochester, NY
Provides printing, packaging, fulfillment, and database marketing services.
Type: Financial Advisory
Details: Financial advisor in restructuring and debt placement

ChromaScape

Twinsburg, OH

Premier producer and distributor of color dispersions and additives throughout various markets in North America and Europe.

Type: M&A, Sale

Details: Sold to Capital Partners (Nowalk, CT)

Coating Excellence International
Wrightstown, WI
Manufactures packaging products.
Type: M&A, Sale
Details: Sold to Mason Wells (Milwaukee, WI)

Coldwater Veneer

Coldwater, MI

and

West Point Venner

West Point, VA

Produces American hardwood veneer.

Type: M&A, Sale

Details: Sold to Industrial Opportunity Partners (Evanston, IL)

Columbiana Boiler Company
Columbiana, OH
Manufactures kettles for the galvanizing and other hot dip coating industries, as well as pressure vessels and transportation packages for the chemical industry.
Type: M&A, Sale
Details: Sold to CBC Ventures (Wilmington, DE)
CPI Holdings
Rochester, NY
Provides printing, packaging, fulfillment, and database marketing services.
Type: M&A, Sale
Details: Sold to Complemar Partners (Rochester, NY)
CPI Holdings
Rochester, NY
Provides printing, packaging, fulfillment, and database marketing services.
Type: M&A, Acquisition
Details: Financial advisor in acquisition of DeRidder (Rochester, NY)
Dexter Magnetic Technologies
Elk Grove Village, IL
Designs, engineers, and manufactures magnetic circuits, permanent magnets, magnetic assemblies, electromagnetic systems, and finished products.
Type: M&A, Sale
Details: Sold to Levine Leichtman Capital Partners (Beverly Hills, CA)

Drake Manufacturing

Warren, OH

Manufactures branded CNC machine tool systems for the grinding market.

Type: M&A, Sale

​Details: Sold to Uni-World Capital (New York, NY)

DT Industries
Dayton, OH

Packaging Systems Division
Lowell, MA and South Yorkshire, England
Designs and builds proprietary machines and integrated systems utilized for packaging, liquid filling, and tube filling applications for Merrill brands.
Type: M&A, Sale
Details: Sold to Kinderhook Partners (Fort Lee, NJ)
Eagle-Picher
Cincinnati, OH
 
Plastics Division
Huntington, IN
Manufactures plastic parts for exterior automotive applications.
Type: M&A, Sale, Restructuring
Details: Sold to Cambridge Industries (Detroit, MI) in Chapter 11 bankruptcy proceeding
Eagle-Picher
Cincinnati, OH
Manufactures advanced products used in the automotive, defense, aerospace, environmental testing, medical implant devices, pharmaceutical services, nuclear energy, and food and beverage industries.
Type: Financial Advisory
Details: Financial advisor in Chapter 11 reorganization
Eagle-Picher
Cincinnati, OH

Orthane Division
Denton, TX
Manufactures highly-engineered, injection molded polyurethane seals and components.
Type: M&A, Sale, Restructuring
Details: Sold to US Farathane (Royal Oak, MI) in Chapter 11 bankruptcy proceeding
Electro-Mec
Indiana, PA
Distributes electric motors and parts.
Type: M&A, Sale
Details: Sold to Integrated Power Services (Greenville, SC)
Elgin National Industries
Downers Grove, IL
Designs, engineers, procures, and constructs bulk material handling and processing systems for the power and mining industries.
Type: M&A, Sale
Details: Sold to GFI Energy Ventures (Los Angeles, CA)

Enovate

​Canton, MI

​Designs, manufactures, and supplies mobile and wall-mounted clinical workstation solutions for the healthcare industry.
Type: Financial Advisory
Details: Merged with Stinger Medical (Murfressboro, TN), a portfolio company of Riverside Partners (Boston, MA)

Essef Corporation
Chardon, OH

Hobson Brothers Subsidiary
Shell Rock, IA
Manufactures plastic blow-mold tooling.
Type: M&A, Sale
Details: Sold to Management (Shell Rock, IA)
ETI Tech, Inc. 
Englewood, OH
Designs and manufactures electro-mechnical flight hardware and ground support equipment for aerospace and military industries. 
Type: M&A, Sale
Details: Sold to Soaring Pine Capital (Birmingham, MI)

Ferro Corporatoin

(Certain Fluid Logic Assets)

Mayfield Heights, OH

Supplies technology-based performance materials to the global market.

Type: M&A, Sale

​Details: Sold to LaPel Solutions (Vancouver, WA)

Ferro Corporation
Mayfield Heights, OH
Supplies technology-based performance materials to the global market.

Type: M&A, Acquisition

Details: Acquisition of Nubiola Pigmentos (Barcelona, Spain)

Ferro Corporation

Mayfield Heights, OH

Supplies technology-based performance materials to the global market.

Type: M&A, Acquisition

Details: Acquisition of TherMark Holdings, Inc. (Irvine, CA)

Ferro Corporation

Mayfield Heights, OH

Supplies technology-based performance materials to the global market. 

Type: M&A, Acquisition

Details: Acquisition of Vetriceramici (Casola Valsenio, Italy)

Furnace Parts

Cleveland, OH

a portfolio company of the Takoda Group 

Beachwood, OH

Manufactures and distributes industrial thermocouples and temperature sensing devices and accessories.

Type: M&A, Sale

Details: Sold to Ultra Electronics (United Kingdom)

Global Security Glazing
Selma, AL
Designs and manufactures institutional security and custom architectural glass and glazing products.
Type: M&A, Sale
Details: Sold to Grey Mountain Partners (Boulder, CO)
Hayes Brake
Mequon, WI
Designs, tests, manufactures, and sells non-automotive custom-engineered brake systems.
Type: M&A, Sale
Details: Sold to Nautic Partners (Providence, RI)
Heritage Partners
Oceanside, CA
Distributes electrical products.
Type: M&A, Acquisition
Details: Acquisition of OneSource Distributors (Oceanside, CA)
HMI
Cleveland, OH

Bliss Manufacturing Division
Pawtucket, RI
Manufactures automotive stampings.
Type: M&A, Sale
Details: Sold to Rhone Capital (New York, NY)
Hotwork Combustion Services
Lexington, KY
Provides industrial combustion services, including heat-ups, dry-outs, and cooldowns on all types of refractory-lined structures.
Type: M&A, Sale
Details: Sold to TGC Acquisition (Philadelphia, PA)
Interstate Southwest
Navasota, TX
Manufactures and markets large-scale forgings.
Type: M&A, Sale
Details: Sold to Ellwood Texas Forge (Houston, TX)

Kennametal
Latrobe, PA

Disston Company Division
South Deerfield, MA

Manufactures and markets power tool accessories for do-it-yourself, contractor, and industrial markets globally.
Type: M&A, Sale
Details: Sold to Cal SDI (Pomona, CA)
Mark Concepts
Dayton, OH
Fabricates aluminum and steel components and provides subassemblies for the heavy duty truck and related industries.
Type: M&A, Sale
Details: Sold to Mancor Canada (Oakville, Ontario, Canada)
MCR
Rochester, NY
Provides non-ferrous processing services.
Type: M&A, Sale
Details: Sold to Copper & Brass Sales, a division of Thyssenkrupp Materials NA (Southfield, MI)
MCR
Rochester, NY
Provides non-ferrous processing services.
Type: Financial Advisory
Details: Financial advisor in restructuring and debt placement
Neway Stamping & Manufacturing
Willoughby, OH
Produces close tolerance, short-run custom, precision metal stampings.
Type: M&A, Sale
Details: Sold to Bowden Capital Group (Cleveland, OH)
Ohio Blow Pipe Company
Cleveland, OH
Premier recycling, environmental, and health/safety material handling solutions provider to various markets in North America, South America, Asia, and Europe.Type: M&A, Sale 
Details: Sold to CapitalWorks (Cleveland, OH)

PECo Process Equipment Company (Certain Welding Assets) 
Tipp City, OH

​Specializes in precise, verified machining, grinding and fabricating of large metal products.

Type: M&A, Sale

​Details: Sold to Lincoln Electric (Cleveland, OH)

Qualitech Steel
Indianapolis, IN
Produces highly-engineered steels for the automotive, transportation, and capital goods industries.
Type: Financial Advisory
Details: Financial advisor in project financing
RB&W
Streetsboro, OH
Develops cold-forming technology and produces cold-formed parts.
Type: M&A, Sale
Details: Sold to Park-Ohio (Cleveland, OH)
Reynolds
Orleans, IN
Supplies products and services to the water and wastewater industries.
Type: M&A, Sale
Details: Sold to Layne Christiansen (Salt Lake City, UT)
Rossborough Supply Company
Cleveland, OH
Manufactures magnesium and aluminum automotive parts.
Type: M&A, Sale
Details: Sold to Monomoy Capital Partners (New York, NY)
Specialty Air Technologies
Long Beach, CA
Blends and packages “high-end” pure gases and mixtures for several growing niche markets in North America, Latin America, and Asia.
Type: M&A, Sale
Details: Sold to Tech Air (Danbury, CT)

Superior Specialty

Gas, Inc.

Tulsa, OK

Distributes specialty gas mixtures for the North American hydrocarbon market.
Type: M&A, Sale
Details: Sold to Airgas USA (Radnor, PA)
Tomlinson
Cleveland, OH
Provides equipment and components for the global food and beverage sector
Type: M&A, Sale
Details: Sold to Crown Brands, LLC, a portfolio company of Centre Lane Partners (Lincolnshire, IL)

TPC Metals
Newark, NJ
Operates as a metal service center and provides tin mill, light gauge cold rolled, galvanized, and aluminum products.
Type: M&A, Sale
Details: Sold to Lakeside Metals (Willowbrook, IL)
VanDeMark Chemical
Lockport, NY
Produces specialty, intermediate, and catalyst chemicals utilizing phosgenation chemistry.
Type: Financial Advisory
Details: Raised capital from Prospect Capital (New York, NY)
VanDeMark Chemical
Lockport, NY
Produces specialty, intermediate, and catalyst chemicals utilizing phosgenation chemistry.
Type: M&A, Sale
Details: Sold to Uni-World Capital (New York, NY) and Brightwood Capital (New York, NY)
Victor Insulators
Victor, NY
Manufactures electrical components.
Type: Financial Advisory
Details: Financial advisor in restructuring and debt placement

Warren Industrial Group, LLC

Warren, OH

Diversified industrial holding company based in Warren, Ohio.  

Type: M&A, Acquisition

Details: Acquisition of Everett Industries, Inc. (Warren, OH)

Waterlink
Columbus, OH
Provides products, equipment, systems, and services related to activated carbon and its uses for water and air purification, solvent recovery, odor control, and chemical processing.
Type: M&A, Sale, Restructuring
Details: Sold to Calgon Carbon (Pittsburgh, PA) in Chapter 11 bankruptcy proceeding

Zephyr Solutions, Inc.

Avon, OH 

Leading provider of logistics and supply chain management for industrial gases serving retail and industrial customers throughout North America.

Type: M&A, Sale

Details: Sold to Aterian Investment Partners (New York, NY)