Transportation, Logistics and Distribution

Client
Business
Transaction
ABCO
Cleveland, OH
Regional provider of fire safety and security inspection, maintenance, and repair services for thousands of commercial customers in a variety of end markets. 
Type: Financial Advisory
Details: Merged with ISA Fire and Security (Louisville, KY), a portfolio company of Align Capital Partners (Beachwood, OH)

AirNet Systems
Columbus, OH

Jetride Subsidiary
Columbus, OH
Provides passenger charter services.
Type: M&A, Sale
Details: Sold to Pinnacle Air (Bentonville, AR)
AirNet Systems
Columbus, OH
Provides time-critical transportation services.
Type: Financial Advisory
Details: Financial advisor in review of strategic alternatives
American Gas Group
Toledo, OH
Distributes specialty, rare, and industrial gas products globally.
Type: M&A, Sale
Details: Sold to Praxair (Danbury, CT)
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)

AtomicBox Logistics
Aurora, OH
Offers third party logistics services, primarily to consumer and commercial product companies.
Type: M&A, Sale
Details: Sold to CaseStack (Santa Monica, CA)

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)

BHC
Charlotte, NC
Distributes fire and safety products.
Type: M&A, Sale
Details: Sold to Freeman Spogli (Los Angeles, CA)
Brooks Equipment Charlotte, NC
Distributes fire and safety products. 

Type: M&A, Sale

Details: Sold to Freeman Spogli (New York, NY)

Chambers Leasing Systems, Inc.

Toledo, OH

Logistics company that services the Midwestern automotive OEM market.

Type: M&A, Sale

Details: Sold to Venture Express (LaVergne, TN)

Chili Plastics
Rochester, NY
Provides printing, packaging, fulfillment, and database marketing services.
Type: Financial Advisory
Details: Financial advisor in restructuring and debt placement
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)

DistTech
Newbury, OH
 

Dedicated Transport Subsidiary
Cleveland, OH

Specializes in the design, development, and execution of supply chain solutions and offers engineered transportation solutions.
Type: M&A, Sale
Details: Sold to Management supported by Centerfield Capital Partners (Indianapolis, IN) and Patriot Capital (Baltimore, MD)
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 Corporation

(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)

Group Transportation Services
Hudson, OH
Provides transportation management solutions.
Type: M&A, Sale
Details: Sold to Thayer Hidden Creek (Washington, DC)
Heritage Partners
Boston, MA
Distributes electrical products.
Type: M&A, Acquisition
Details: Acquisition of OneSource Distributors (Oceanside, CA)
Hutchins Automotive Supply
Buffalo, NY
Distributes automotive aftermarket supplies.
Type: M&A, Sale
Details: Sold to General Parts (CarQuest) (Raleigh, NC)
Kennametal
Latrobe, PA

Full Service Supply Division
Latrobe, PA
Provides integrated supply chain and logistics management to large and medium-sized metalworking plants.
Type: M&A, Sale
Details: Sold to Ferguson Enterprises, a subsidiary of Wolseley (Zug, Switzerland)
Lower Lakes Towing
Port Dover, Ontario, Canada
Provides bulk freight shipping services throughout the Great Lakes region.
Type: M&A, Sale
Details: Sold to Rand Acquisition (New York, NY)
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
Michelex
Massena, NY
Manufactures and distributes packaging products.
Type: Financial Advisory
Details: Financial advisor in restructuring
Phantom Fireworks
Youngstown, OH
Retails and distributes consumer fireworks.
Type: Financial Advisory
Details: Raised capital from Main Street Capital (Houston, TX)
PJAX Freight System
Gibsonia, PA
Provides less-than-truckload (LTL) transportation services.
Type: M&A, Sale
Details: Sold to Vitran (Toronto, Ontario, Canada)
Roden Electrical
Knoxville, TN
Distributes electrical products.
Type: M&A, Sale
Details: Sold to Kendall Electric (Portage, MI)

Spartan Stores  

Grand Rapids, MI

Distributes products to convenience stores.
Type: M&A, Acquisition
Details: Acquisition of Seaway Food Town (Maumee, OH)
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)

Zephyr Solutions, Inc. 

Avon Lake, 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)