The Latest News and Acquisitions | �Ϸ��Ӵ�ý

�Ϸ��Ӵ�ý Acquires Meyer Laboratory

Sara White — Tue, 05 Mar 2024 14:12:46 +0000

NEW YORK — �Ϸ��Ӵ�ý, a private equity firm focused on the middle-market, announced today that it has acquired Meyer Laboratory, Inc. (Meyer Lab) from its owners Russell Meyer and William “Rusty” Meyer. Founded in 1978, Meyer Lab is a manufacturer and distributor of industrial and institutional (I&I) cleaning chemicals and applications systems.

Meyer Lab delivers cleaning solutions to customers in multiple industrial and manufacturing markets who require clean, functioning equipment and facilities to operate their business. Meyer Lab’s core chemical solutions include degreasers, disinfectants, and sanitizers as well as products for broader cleaning needs. The Company utilizes its expansive network of sales representatives and local depots to routinely deliver and service its customers’ facilities. �Ϸ��Ӵ�ý will work with Meyer Lab to support its continued growth, investing in both organic initiatives and targeting strategic M&A opportunities.

“Meyer Lab, through the dedication of the Meyer family, has established a great reputation, culture, management team and manufacturing capability that has led to its success,” said John Pless, Co-Managing Partner at �Ϸ��Ӵ�ý. “Meyer Lab fits perfectly into our investment strategy focused on specialty manufacturing and business services, and we are excited to support them in their next stage of growth.”

“Selling Meyer was a hard decision for my father and me,” said Rusty Meyer, Co-Owner of Meyer Lab. “The entire company is part of our family. However, it was the right time for us and for the company to make this transition. We believe �Ϸ��Ӵ�ý is the right partner to help accelerate the growth of Meyer Lab well into the future.”

“Our management team is extremely excited to be partnering with �Ϸ��Ӵ�ý for our next chapter of growth. We believe the addition of �Ϸ��Ӵ�ý’s expertise and resources will enable us to execute on key initiatives, expand our geographic reach, add new customers in additional end markets and expand our product capabilities,” said Mike Miller, President of Meyer Lab.

Mike Miller will continue in his role as President and Rusty Meyer will remain with Meyer Lab as a key member of the Board of Directors. John Schweig, an Operating Partner at �Ϸ��Ӵ�ý, will join the Board of Directors as Non-Executive Chairman.

“This is a wonderful company that has been built around great customer service,” said John. “That will continue to be our relentless focus as we work with Mike and his team to pursue multiple avenues for growth so that Meyer Lab can reach its full potential.”

Lincoln International LLC served as financial advisor to Meyer Lab and Baird served as financial advisor to �Ϸ��Ӵ�ý. Husch Blackwell LLP acted as legal counsel to Meyer Lab and Davis Polk & Wardwell LLP acted as legal counsel to �Ϸ��Ӵ�ý.

About Meyer Lab

Headquartered in Kansas City, Missouri, and founded in 1978, Meyer Lab is a manufacturer and distributor of industrial and institutional (“I&I”) cleaning chemicals and applications systems. To learn more about Meyer Lab visit .

About �Ϸ��Ӵ�ý

�Ϸ��Ӵ�ý is a private equity firm focused on middle-market investments. �Ϸ��Ӵ�ý focuses on companies in attractive sub-sectors across specialty manufacturing and business services. The �Ϸ��Ӵ�ý investment team collaborates with its operating partners and portfolio management teams to create value through a transformational growth strategy led by organic or acquisition-driven growth. To learn more about �Ϸ��Ӵ�ý visit truarcpartners.com.

Media Contact

Abby Aylman Cohen
Greentarget
acohen@greentarget.com

Disclosure: All endorsements and/or testimonials are from current or former portfolio company executives about �Ϸ��Ӵ�ý’s ability to provide operational support to their companies. In certain cases, the executives are investors or co-investors in �Ϸ��Ӵ�ý’s vehicles. The executives have not been paid, directly or indirectly, for their testimonial or endorsement but as an investor or co-investor they are inherently incentivized to endorse �Ϸ��Ӵ�ý.

�Ϸ��Ӵ�ý Invests in Watchtower Security

Sara White — Thu, 14 Dec 2023 15:01:00 +0000

NEW YORK — �Ϸ��Ӵ�ý, a private equity firm focused on the middle-market, announced today that it has invested in (“Watchtower” or the “Company”). Terms of the transaction were not disclosed.

Watchtower is a St. Louis-based provider of managed video surveillance and asset protection solutions to the multi-family housing industry. The Company was founded in 2004 and provides comprehensive video surveillance solutions tailored for property managers and owners in the multi-family housing sector. Watchtower’s managed service offering utilizes a proprietary platform and high touch customer service model, providing clients with custom-designed camera architecture, cutting-edge analytics, incident-based forensic review and 24/7 all-inclusive service across the country.

�Ϸ��Ӵ�ý has significant prior experience in the security sector after an investment in AMAROK, a provider of subscription-based perimeter security solutions.

"�Ϸ��Ӵ�ý is thrilled to welcome Watchtower into our portfolio. Asset protection continues to be an active investment theme that we have great conviction in. We believe that Watchtower's recurring business model and commitment to innovation and customer satisfaction aligns seamlessly with our investment framework," said Brandon Kiss, Partner at �Ϸ��Ӵ�ý.

Houlihan Lokey, Inc. served as financial advisor to �Ϸ��Ӵ�ý, and Raymond James Financial, Inc. served as financial advisor to Watchtower. Weil, Gotshal & Manges LLP acted as legal counsel to �Ϸ��Ӵ�ý and Thompson Coburn LLP acted as legal counsel to Watchtower.

About Watchtower

Watchtower, headquartered in St. Louis, is a leading provider of video surveillance and asset protection solutions for property managers and owners in the multi-family housing industry. Founded in 2004, the company's innovative offerings include full HD cameras, cloud-based storage, incident-based forensic reviews, and a proprietary platform with analytics and live camera feeds.

About �Ϸ��Ӵ�ý

�Ϸ��Ӵ�ý is a private equity firm focused on middle-market control investments. �Ϸ��Ӵ�ý focuses on companies in attractive sub-sectors across specialty manufacturing and business services. The �Ϸ��Ӵ�ý investment team collaborates with its operating partners and portfolio management teams to create value through a transformational growth strategy led by organic or acquisition-driven growth. To learn more about �Ϸ��Ӵ�ý visit truarcpartners.com.

Media Contact

Abby Aylman Cohen
Greentarget
acohen@greentarget.com

Announcing Aptyx: New Brand Brings Together Market-Leading Molding, Extrusion, Coatings, and Assembly Capabilities

Sara White — Tue, 17 Oct 2023 15:38:00 +0000

Rebranding follows Molded Devices Inc.’s acquisition of GlobalMed and other leaders providing customers with complex medical and non-medical manufacturing solutions

TEMPE, Ariz. - Molded Devices Inc. (MDI) today announced its rebranding as Aptyx. The new brand brings together the aptitude and excellence of more than a dozen companies with over 70 years of experience in complex manufacturing — particularly in the areas of molding, extrusion, coatings, and medical device assembly.

“With our domestic, near-shore, off-shore, and low-cost manufacturing capabilities and automation expertise, we are well suited to meet the unique demands of complex manufacturers’ mission-critical components and devices. At Aptyx, making it happen is the way we do business.”

The Aptyx name and brand identity integrates a global group of industry-leading brands that are part of MDI including GlobalMed, Seitz, Medefab, Bates, and DipTech Systems. Through its collaborative approach across the company, Aptyx supports its customers in bringing their expertly engineered products to market with the highest quality and entrepreneurial speed to enable their long-term success and positive impacts on people’s lives.

“I’m thrilled to officially bring these remarkable companies under one name — and to draw on their innovative manufacturing capabilities and technologies to help clients solve tough challenges with confidence,” said Gregg Tobin, President and CEO, Aptyx. “With our domestic, near-shore, off-shore, and low-cost manufacturing capabilities and automation expertise, we are well suited to meet the unique demands of complex manufacturers’ mission-critical components and devices. At Aptyx, making it happen is the way we do business.”

The new brand comes on the heels of significant growth through acquisition and the recent acquisition of MDI by �Ϸ��Ӵ�ý, a private equity firm focused on supporting transformative growth for middle-market companies. The Aptyx brand will allow the company to build its commercial and operational efforts around a singular identity.

“We’re so pleased to announce Aptyx — a brand that brings together all of the company’s businesses as we look to continue our growth in the fast-growing medical devices space, and in specialty plastics manufacturing,” said John Pless, Co-Managing Partner at �Ϸ��Ӵ�ý, majority owner of Aptyx. “We look forward to supporting Aptyx’s ambitious investment and growth plan in the months and years to come.”

Aptyx’s global network encompasses ISO 13485 and ISO 9001 certified manufacturing facilities across the United States, Canada, Mexico, and China, including ISO 7 and 8 cleanrooms. The organization serves the medical device and life sciences market as well as a number of other key markets including motion control and facility automation, aerospace and defense, and energy. With integrated, specialized engineering and manufacturing capabilities, Aptyx solutions range from development through manufacturing, assembly, and packaging.

“Whether it’s life-saving medical devices, specialty precision gears, or custom dip molded insulation solutions for advanced applications, Aptyx is focused on unwavering quality and integrity in delivering smart solutions that solve complex challenges for our customers,” said Dave Appleton, Global VP of Quality, Aptyx. “We deliver quality manufacturing solutions at scale because the products our customers make matter — and we’re excited to embark on this new and exciting chapter in our growth.”

The wordmark Aptyx is a custom font with unique notch and cutout details. In other words, it is highly engineered like the products Aptyx helps make. The organization’s logo mark is a representation of the letters A and X, an apex and the up arrow, representing continuous growth.

About Aptyx

Aptyx is a global manufacturing partner that engineers smart solutions to help customers solve tough challenges with confidence. With a broad range of specialized capabilities including engineering, molding, extrusion, coatings, and assembly, the company manufactures complex components and devices for the life sciences and other demanding industries. Headquartered in Tempe, AZ, Aptyx has dedicated production facilities across the United States, Canada, Mexico, and China. To learn more visit or follow us on .

About �Ϸ��Ӵ�ý

Contact

Abby Aylman Cohen
Greentarget
acohen@greentarget.com
917-596-4758

Prototek Names Bill Bonadio as New Chief Executive Officer

Sara White — Wed, 12 Jul 2023 15:05:59 +0000

CONTOOCOOK, NH - Prototek Holdings LLC (“Prototek”), a leading national provider of on-demand CNC machining, precision sheet metal fabrication, and additive manufacturing services, today announced that Bill Bonadio will serve as the company’s new Chief Executive Officer, effective immediately.

“Bill’s wealth of experience and proven track record at the highest levels of leadership make him the perfect fit to lead our company and usher in a new phase of growth and innovation,” said Jay Twombly, Prototek’s Chairman. “Given his engineering expertise, visionary leadership style and dedication to Prototek, we have an exciting future ahead of us with Bill at the helm.”

As CEO, Bonadio will guide Prototek’s overall strategy, with an emphasis on fostering innovation and ensuring the firm’s continued success as an industry leader in cutting-edge manufacturing solutions. He will work closely with the management team to drive growth, refine operations, and strengthen Prototek’s relationships with clients and partners.

“Bill’s experience leading organizations that effectively balance a relentless focus on scaling manufacturing with prioritizing quality makes him the ideal leader for Prototek,” said John Pless, Partner at �Ϸ��Ӵ�ý and a Director of Prototek. “His customer focus and business acumen will be of great value to the company, and we look forward to working with him in this role.”

Bonadio has held several executive leadership positions at top global manufacturing organizations. He previously served as President and CEO of Vericor Power Systems, a manufacturer of aeroderivative marine and industrial gas turbines with a global presence. He also had a long career at The Boeing Company, where he held a number of leadership roles including Chief Operating Officer of the Electronics and Information Solutions division; Transformation Program Manager; Vice President of Strategic Development for Defense, Space, and Intelligence; and Vice President of Development for Network and Space Systems. Additionally, he previously served as Vice President of Business Development at Danaher Corporation, where he led strategy and mergers and acquisitions for the Tool Group sector.

“I’m honored to have the opportunity to lead Prototek,” said Bonadio. “With our strong manufacturing process, excellent base of clients, and talented team of people, I’m excited to lead Prototek to even greater success for our clients and our people.”

Earlier in his career, Bonadio worked as a management consultant for Bain & Company and the Boston Consulting Group, providing C-level clients with strategy, M&A, and operational improvements. He is also a former U.S. Navy officer and graduate of the U.S. Navy Nuclear Propulsion Program, where he served on attack submarines. He holds a B.A. in Mechanical Engineering from Bucknell University and an MBA from the J.L. Kellogg Graduate School of Management at Northwestern University.

About Prototek

Prototek is a leading national provider of CNC machining, precision sheet metal fabrication, and additive manufacturing services for a variety of end markets, including aerospace, defense, medical, robotics, electronics, consumer, and general industrial. Headquartered in New Hampshire, Prototek serves a diverse customer base with numerous in-house manufacturing capabilities across eleven facilities located in New Hampshire, Wisconsin, California, Colorado, and Pennsylvania. Prototek is ISO 9001:2015 and AS9100D:2016 certified as well as ITAR Registered. For more information, visit .

About �Ϸ��Ӵ�ý

Media Contact:

Jason Kopras
VP of Sales and Marketing, Prototek
608-345-1360
jkopras@prototek.com

�Ϸ��Ӵ�ý Announces Formation of Northwinds Services Group

Sara White — Thu, 04 May 2023 21:05:05 +0000

New York, NY – �Ϸ��Ӵ�ý (“�Ϸ��Ӵ�ý”), a private equity firm that partners with middle market companies with significant growth potential, announces the formation of Northwinds Services Group (“Northwinds” or “The Company”). Northwinds was formed to create a differentiated HVAC and plumbing services provider focused on serving both residential and commercial customers in the Northeast, Mid-Atlantic and Midwest. The Company focuses on high quality technician training and providing its customers with exceptional technical expertise and service.

Northwinds currently consists of several respected HVAC and plumbing brands, anchored by Isaac Heating & Air Conditioning (“Isaac”). In May of 2021, �Ϸ��Ӵ�ý made a significant investment in Isaac, one of the nation’s largest family-owned HVAC companies. Isaac’s long history, focus on exceptional employee engagement and a customer-first approach have differentiated the company in Western and Central New York for 75 years. Northwinds now consists of several regional businesses which fit the platform service philosophy and expand its geographic footprint. In September 2022, �Ϸ��Ӵ�ý appointed Harry Carpenter CEO of Northwinds.

“We are extremely excited by the significant progress at Northwinds to date. We believe that the Northwinds leadership team brings unique experience that will unlock significant market potential in each region the Company operates in,” said Brandon Kiss, Partner at �Ϸ��Ӵ�ý.

“As Northwinds, we’re in a unique position to help local HVAC, plumbing and home services businesses transition to their next stage of growth,” says Harry Carpenter, Northwinds CEO. “With a laser focus on operational excellence and customer service, we partner with local owners to preserve and grow their legacy.”

About Northwinds Services Group

Northwinds is an industry-focused HVAC and plumbing services platform that enables owners to realize their existing business value, preserve and grow local brand legacy, and offer additional participation in future financial success. With years of operating experience in the industry, Northwinds is committed to helping businesses reach their full potential. To learn more about Northwinds, visit www.northwindsservices.com.

About �Ϸ��Ӵ�ý

�Ϸ��Ӵ�ý Invests in Trademark Cosmetics, Inc.

Sara White — Wed, 19 Apr 2023 13:26:21 +0000

Appoints Kristopher Dover as CEO

NEW YORK – April 19, 2023 – �Ϸ��Ӵ�ý, a private equity firm focused on the middle-market, announced today that it has invested in Trademark Cosmetics, Inc. (“TCI”) alongside Founder and President David Ryngler. TCI is a leading formulator and manufacturer of beauty and personal care products, partnering with a variety of established and emerging brands.

Ryngler founded TCI in 1994 and has grown the company alongside General Manager Eko Handoko for more than 20 years. In 2011, TCI moved into a purpose-built 160,000 square foot facility in Riverside, CA. TCI’s state-of-the-art production facility includes its in-house R&D lab and an extensive variety of compounding and filling capabilities across several packaging formats ranging from bottles and jars to tubes. Today, TCI provides extensive and innovative custom formulation and complex manufacturing capabilities for a wide range of products in a variety of beauty and personal care categories, including leading expertise in clean and natural formulations. �Ϸ��Ӵ�ý will work with TCI to pursue continued growth, and support brand partner success, through investing in organic initiatives and targeting strategic M&A.

“Building TCI has been an exciting journey and I am thrilled to be partnering with �Ϸ��Ӵ�ý. The addition of �Ϸ��Ӵ�ý’s expertise and capital will enable us to continue to enhance the service and capabilities that we provide to our customers,” said Ryngler.

Alongside �Ϸ��Ӵ�ý’s investment, TCI has named Kristopher Dover as CEO. In this role, Dover will oversee TCI’s expansion. Dover has spent over 30 years in manufacturing and operations focused on consumer end markets. He has deep expertise in operations as well as mergers and acquisitions and subsequent business integrations.

“The combination of TCI’s formulation and manufacturing expertise, alongside its strong customer-service orientation, have been instrumental in its growth and will serve as the fundamental driver for continued improvement and expansion going forward,” said Dover. “Working closely with Eko, and with support from �Ϸ��Ӵ�ý, we believe we will successfully scale TCI to become a best-in-class partner to growth-oriented brands.”

Ryngler will remain with TCI as an investor and Board member. Handoko will continue in his role as General Manager. Don Sturdivant, an Operating Partner at �Ϸ��Ӵ�ý, will join the Board of Directors as Non-Executive Chairman. Jeffrey Nodland, former CEO of KIK Custom Products, will also join the Board of Directors. Sturdivant and Dover previously worked together at Graphic Packaging and Altivity Packaging, where Dover ran several different businesses reporting into Sturdivant.

“At �Ϸ��Ӵ�ý, we are focused on investing in well-positioned platforms that are capable of transformational growth. We think TCI is a well-positioned business that is poised to scale with our planned investments,” said Gerald Sheehan, Partner at �Ϸ��Ӵ�ý. “We are equally excited to bring our capital and M&A expertise to execute a focused acquisition strategy that will continue to scale our operation in California and expand the platform nationally. Our goal is to further enhance TCI’s position as the go-to partner for high growth brands.”

Guggenheim Securities, LLC served as financial advisor to �Ϸ��Ӵ�ý, and American Discovery Capital served as financial advisor to TCI. Weil, Gotshal & Manges acted as legal counsel to �Ϸ��Ӵ�ý and Stubbs Alderton & Markiles acted as legal counsel to TCI.

About TCI

Located in Riverside, CA, TCI is a leading contract manufacturer of beauty and personal care products, partnering with a variety of established and emerging brands. The Company provides product development, material sourcing, and filling services with a focus on unique formulation capabilities and packaging technologies requiring significant technical expertise. With a foundation rooted in innovation and comprehensive manufacturing capabilities, the Company draws on its wide variety of specialized equipment to create customized solutions aligned with a brand’s vision.

About �Ϸ��Ӵ�ý

Media Contact:

Abby Aylman Cohen
Greentarget
acohen@greentarget.com

BlackHawk Accelerates Growth With Acquisition of Stock’d Supply

Sara White — Mon, 10 Apr 2023 16:02:00 +0000

Expands BlackHawk’s national footprint and distribution capabilities

TULSA, Oklahoma – , a distributor of metalworking and other mission-critical industrial products, announced today the acquisition of Stock’d Supply (“Stock’d”). The acquisition includes Stock’d headquarters in Chattanooga, Tennessee, along with its seven other locations in Chicago, IL, Franklin, IN, Lincoln, NE, Louisville, KY, Mocksville, NC, Rock Hill, SC, and Yankton, SD.

Founded in 1979, Stock’d is a well-respected supplier of fasteners, technical threads, and other industrial products – distinguishing itself as a value-added technical service provider. The Stock’d Supply operation is an exceptional fit for BlackHawk, expanding its national footprint and increasing proximity to customers with a common product offering and strong focus on technical service.

President and CEO of BlackHawk Industrial, John Mark said, “The BlackHawk acquisition strategy continues to be fueled by our number one priority of saving our customers money and being a catalyst for their success. The addition of the Stock’d team of experts will help power BlackHawk’s promising organic and inorganic revenue growth, broaden our customer base, and offer new and comprehensive services unlike anything we have done in the past.”

“BlackHawk and Stock’d are a perfect combination, and I can’t wait to leverage our strengths to provide increased product offerings and deliver exceptional customer service,” said Keith Shope, CEO of Stock’d Supply. “The 101 valued employees at Stock’d will become part of BlackHawk’s industry-leading operating system and have the opportunity to do remarkable things in the future because of this partnership.”

BlackHawk is intent on building more value for industrial manufacturers by expanding into relevant geographic markets to reach more production facilities; expanding its line card to provide more of the products and services end-users value; and investing in new sales channels which it believes will improve the effectiveness of its technical sales resources.

Financial terms of the transaction were not disclosed. CIBC US Middle Market Investment Banking acted as exclusive financial advisor to Stock’d Supply in this transaction. Simpson Thacher & Bartlett acted as legal counsel to �Ϸ��Ӵ�ý.

About BlackHawk Industrial

BlackHawk Industrial is an industrial distributor, focused on metalworking such as carbide cutting tools, abrasives, and saw blades. They also provide a full line of MRO, industrial fasteners, and packaging products. BlackHawk has the expertise and capability to provide custom industrial vending solutions and creative design, build, and supply chain solutions. The highly technical sales staff strives to deliver world-class service and cost savings across the customer’s production floor.

MDI Acquires Two Medical Tubing and Extrusion Companies from Schauenburg Hose Technology

Sara White — Wed, 09 Nov 2022 22:23:00 +0000

Bolsters Molded Devices’ capabilities in medical device manufacturing

TEMPE, Ariz. — . (MDI), a provider of high-precision, value-added plastic component manufacturing solutions for medical and non-medical applications, today announced the acquisition of two companies from Schauenburg Hose Technology, GlobalMed Inc. (Canada) and Schauenburg-Truplast (China) (together, “GlobalMed”).

GlobalMed, headquartered in Trenton, Ontario, Canada, is a pure-play medical tubing and extrusion manufacturer with over 40 years of plastic extrusion expertise. The company currently serves medical device original equipment manufacturers (OEMs) in clinical areas such as anesthesia, respiratory, ventilation, surgical (smoke evacuation) and sleep apnea. GlobalMed has offices and production locations in Trenton Ontario, Canada and Guangzhou, China.

“The combination of GlobalMed with MDI further deepens our capabilities for medical device OEMs in line with our global growth strategy,” said Gregg Tobin, President and CEO, MDI. “Our current expertise in various molding technologies combined with GlobalMed’s extrusion expertise in the design, development, and production of highly engineered extrusions for specialized medical applications and devices will allow us to provide an expanded set of injection molding, extrusion, design, development, and assembly capabilities to our customers around the world.”

“GlobalMed has experienced an attractive growth trajectory over the past 20 years, becoming a globally recognized player in the medical OEM sector. I’m most grateful to the entire team for all their commitment and achievements during this time,” said Marc Georg Schauenburg, CEO of Schauenburg Technology SE, parent company of Schauenburg Hose Technology Group.

“With MDI, we’ve found a partner whom we believe is well-equipped to capture GlobalMed’s significant growth potential and provide additional professional opportunities to our team,” added Richard Meyer, co-CEO of Schauenburg Hose Technology Group.

MDI’s core manufacturing capabilities include injection molding, tube extrusion, blow molding, dip molding, and dip coating. The company also provides a range of value-added services including clean room assembly for advanced medical device production, product design and development, and engineering and tooling support – offering a full-suite of solutions to its customer base.

“We are pleased to support MDI’s increased capabilities and robust customer relationships in the fast-growing healthcare market with the addition of GlobalMed,” said John Pless, Co-Managing Partner at �Ϸ��Ӵ�ý, majority owner of Molded Devices.

The current management team of GlobalMed in Canada and China will join MDI’s leadership team.

Houlihan Lokey, Westend Corporate Finance, PwC, Fasken and JunHe advised Schauenburg and GlobalMed. Davis Polk acted as legal counsel and SVB Securities as financial advisor to MDI and �Ϸ��Ӵ�ý.

Financial terms were not disclosed.

About Molded Devices, Inc.

Molded Devices, Inc. (MDI) produces various complex injection components used in medical devices, aerospace, and industrial applications. Headquartered in Tempe, AZ, the company has dedicated production facilities across the United States, Mexico, China, and Canada. To learn more about Molded Devices visit .

About �Ϸ��Ӵ�ý

About Schauenburg Technology SE

Schauenburg Technology SE, parent to Schauenburg Hose Technology Group and GlobalMed, is headquartered in Mülheim, Germany and is a leading niche player in the field of plastic hose technology operating under the umbrella of Schauenburg Hose Technology. For further information: .

About GlobalMed Inc.

GlobalMed Inc. is a certified medical extrusion and tubing manufacturer with over 40 years plastic extrusion experience. GlobalMed has been part of the international Schauenburg Hose Technology Group since 2004. For further information: .

About Schauenburg Truplast Hose Technology Ltd.

Schauenburg-Truplast Hose Technology Ltd. from China is a certified medical extrusion and tubing contract manufacturer for GlobalMed Inc. with over 16 years of plastic extrusion experience. Schauenburg Truplast has been part of the international Schauenburg Hose Technology Group since its inception in 2005. For further information: .

Contact

Abby Aylman Cohen
Greentarget
acohen@greentarget.com

�Ϸ��Ӵ�ý Acquires Molded Devices

Sara White — Mon, 08 Aug 2022 14:52:00 +0000

Increases medical device manufacturing exposure in portfolio

NEW YORK – August 8, 2022 – �Ϸ��Ӵ�ý, a private equity firm focused on the middle-market, announced today that it has acquired from PNC Mezzanine Capital and Molded Devices Founder Brian Anderson. Molded Devices provides high-precision, value-added plastic and rubber component manufacturing solutions for medical and non-medical applications.

Molded Devices’ core manufacturing capabilities include injection molding, tube extrusion, blow molding, dip molding, and dip coating. The company also provides a range of value-added services including clean room assembly for advanced medical device production, product design and development, and engineering and tooling support — offering a full-suite of solutions to its customer base.

“Within our specialty manufacturing strategy, we have been looking for opportunities with significant exposure to the growing healthcare market,” said John Pless, Co-Managing Partner at �Ϸ��Ӵ�ý. “We believe Molded Devices, with its unique capabilities and robust customer relationships, is well-positioned to continue the momentum it has across the business, with a focus on deepening its capabilities across the medical market.”

“We have built a phenomenal business and today operate with more scale than ever. In this next chapter of growth, we hope to further broaden our set of manufacturing and value-added capabilities and become a market leader in servicing medical OEMs. We look forward to working with the �Ϸ��Ӵ�ý team to leverage their experience in specialty manufacturing, sales and marketing, and other strategic areas to achieve this goal,” said Jack Slinger, CEO and President of Molded Devices.

Jack Slinger will continue in his role with the company and Molded Devices founder Brian Anderson will remain as a key member of the board. Gregg Tobin, an Advisor to �Ϸ��Ӵ�ý, will join as Executive Chairman. Jay Twombly, an Operating Partner at �Ϸ��Ӵ�ý, will also join as a member of the board.

William Blair served as financial advisor to �Ϸ��Ӵ�ý, and Piper Sandler served as the financial advisor to Molded Devices. Davis Polk acted as legal counsel to �Ϸ��Ӵ�ý and Dentons Cohen & Grigsby P.C. acted as legal counsel to Molded Devices.

About Molded Devices, Inc.

Molded Devices, Inc. produces various complex injection components used in medical devices, aerospace, industrial applications, and energy production applications. Headquartered in Tempe, AZ, the company has dedicated production facilities across the United States, Mexico, China, and Canada. To learn more about Molded Devices visit .

About �Ϸ��Ӵ�ý

New Directions Aromatics Expands Executive Team

Madison Thomson — Tue, 12 Jul 2022 14:23:00 +0000

Names Steve Diakowsky CEO and Dave Woolley CFO

TORONTO — New Directions Aromatics (New Directions), a leading supplier of natural ingredients to the cosmetics, health and beauty, and personal care markets, today announced the expansion of its executive team, naming Steve Diakowsky as Chief Executive Officer (CEO) and Dave Woolley as Chief Financial Officer (CFO). Former CEO and Founder of New Directions, Alex Thomas, will remain active on the Board of Directors and continues to be an owner of the Company.

“I have been fortunate to work with and grow our team at New Directions for the last 20 years. I am confident that Steve and Dave are the right executives to lead us during our next phase of growth,” said Alex Thomas, former CEO and Founder of New Directions.

“Steve and Dave are the ideal leaders for New Directions,” said Gerald Sheehan, Partner at �Ϸ��Ӵ�ý, which invested in New Directions in January 2022. “Their collective leadership and strategic execution experience will help New Directions capitalize on key growth opportunities.”

Steve Diakowsky joins New Directions after most recently serving as President and CEO of Freshstone Brands. He has over 25 years of management and senior leadership experience. Prior to his role at Freshstone Brands, Mr. Diakowsky was President and CEO at Taste of Nature Foods and The Allan Candy Company.

“Throughout his career, Steve has demonstrated his ability to manage complex organizations and unlock value,” said Don Sturdivant, Co-Chairman and Operating Partner at �Ϸ��Ӵ�ý. “Steve has successfully developed and executed on strategic initiatives including business transformations, divestitures and integrating acquisitions. This experience will be invaluable to New Directions as we implement our growth strategy.”

“I am extremely excited to be joining the New Directions platform,” said Mr. Diakowsky. “I am impressed with how comprehensively New Directions serves its customers and I look forward to working with the team to expand the client base, value-added capabilities and technology systems.”

Dave Woolley brings over 25 years of finance and strategy experience to New Directions. Mr. Woolley was previously the CFO at Freshstone Brands, working closely with Mr. Diakowsky. Over the course of his career, he’s worked in several finance and strategy roles, predominantly in consumer-packaged goods companies. Prior to joining Freshstone Brands, Mr. Woolley served as Vice President, Finance at Taste of Nature Foods and Shaw Media. He has also held progressively senior management positions with Cadbury Schweppes in North America and Europe.

“Dave brings a breadth of financial leadership experience to New Directions with a comprehensive understanding of mergers and acquisitions as well as developing and implementing complex processes and systems,” said John Schweig, Co-Chairman and Operating Partner at �Ϸ��Ӵ�ý.

“New Directions is an exciting platform for growth, and we see many opportunities for organic expansion and strategic acquisitions. We look forward to executing on this plan,” said Dave Woolley, CFO, New Directions.

About New Directions Aromatics
New Directions Aromatics is a leading supplier of wholesale natural and organic raw materials to the cosmetics, health and beauty, and personal care industries. Founded in 1998, the Company is a leading supplier of essential oils, carrier oils, butters, botanical cosmetic bases, botanical liquid extracts and numerous other natural and organic raw material ingredients. New Directions is differentiated in the marketplace by its focus on customer service and its ability to offer a “one-stop shop” solution to customers including individual consumers, small and medium businesses, and Fortune 500 companies. The Company utilizes a fully integrated e-commerce business model for product distribution. To learn more about New Directions Aromatics visit .

About �Ϸ��Ӵ�ý
�Ϸ��Ӵ�ý is a private equity firm focused on middle-market control investments. �Ϸ��Ӵ�ý focuses on companies in attractive sub-sectors across Specialty Manufacturing and Business Services. The �Ϸ��Ӵ�ý investment team collaborates with its operating partners and portfolio management teams to create value through a transformational growth strategy led by organic or acquisition-driven growth. To learn more about �Ϸ��Ӵ�ý visit .

Press contact:
Abby Aylman Cohen
Greentarget
acohen@greentarget.com

Prototek Acquires ProtoCAM

Madison Thomson — Thu, 16 Jun 2022 13:28:00 +0000

Prototek continues to build its additive manufacturing capabilities acquiring ProtoCAM of Allentown, Pa. through its Midwest Prototyping division

CONTOOCOOK, N.H. — Prototek Holdings LLC ("Prototek"), a leading North American digital manufacturing provider of CNC machining, sheet metal and industrial 3D printing focused on prototyping and low volume production, today announced it completed the acquisition of ProtoCAM, a premier industrial 3D printing company located in Allentown, Pa. ProtoCAM will merge into Midwest Prototyping, Prototek’s additive manufacturing arm acquired in July 2021.“The addition of ProtoCAM is another step toward achieving our ongoing goal of creating a platform able to meet customer demands in an Industrial 4.0 world," said John Pless, Partner at �Ϸ��Ӵ�ý and a Director of Prototek. “Our vision is a one-stop digital manufacturing solution with superior levels of quality and service. ProtoCAM is well suited to further that vision.”

“Ron and his team at ProtoCAM are a great fit for our growing additive division,” added Bill Gress, CEO of Prototek. “They have been a fixture in the Northeast 3D printing space for nearly 30 years and have built a business centered on meeting customer needs and producing great parts. I’m very happy to welcome ProtoCAM to the Prototek team.”

The addition of ProtoCAM is part of an ongoing expansion of Prototek’s additive manufacturing capabilities and capacity. The acquisition adds innovative QuickCast technology, creating fast investment casting patterns for quick-turn metal part production, to Midwest’s already comprehensive 3D printing capabilities. The merger also provides a much-needed increase in capacity to Midwest’s core 3D printing technologies including HP’s Multi Jet Fusion (MJF), Stereolithography (SLA), Fused Filament Fabrication (FFF) and Carbon DLP (Digital Light Processing). The company will continue to operate in all current locations encompassing 10 facilities across the US, with over 300 employees and more than 240,000 square feet of manufacturing workspace.

“Ron and his team at ProtoCAM have been longtime friends to Midwest Prototyping and myself,” said Steve Grundahl, Vice President of Additive Manufacturing, Prototek. “As we set out to create a nationwide network of best-in-class additive manufacturing, ProtoCAM was at the top of our list in the East. We share a remarkably similar culture and customer focus and I can’t imagine a better partner to join us in our effort to build out Prototek’s 3D printing offering.”

Ron Belknap, founder of ProtoCAM, and his management team will continue to oversee day-to-day operations of the Allentown facility. Nate Schumacher, director of strategy and integration at Midwest Prototyping and Ed Graham, Vice President of Additive Manufacturing at ProtoCAM will lead the combination of business operations.

“We’ve been successful in steadily growing our business for years, but I knew that to grow the company the way I wanted and to offer my team more career opportunity, I needed a strategic partner,” added Ron Belknap. “I’ve admired Steve and Midwest Prototyping since first meeting him over 20 years ago. We’re ‘Old Dogs’ in this business and share a passion for additive manufacturing and for our customers, so when Steve reached out to me about joining Prototek with Midwest, I knew it was the right move. I’m excited to see where we go from here.”

Terms of the transaction were not disclosed.

About Prototek
Prototek is a leading national rapid prototyping services provider of precision machined, sheet metal fabricated, and 3D printed parts for various end markets, including aerospace, defense, medical, robotics, electronics, consumer, and general industrial. Headquartered in New Hampshire, Prototek serves a diverse customer base with numerous in-house manufacturing capabilities with facilities in Colorado, New Hampshire, Northern California, Wisconsin, and Pennsylvania. Prototek holds ISO 9001:2015 and AS9100D:2016 certifications and is ITAR (International Traffic in Arms Regulations) Registered. For more information, visit .

About Midwest Prototyping
Midwest Prototyping is the additive manufacturing (3D Printing) division of Prototek. Founded in 2001, Midwest Prototyping today is one of the nation's largest independent digital manufacturing companies, offering a diverse array of additive manufacturing technologies for both prototyping and production applications. Midwest Prototyping has expertise in six additive industrial printing technologies: Laser Sintering, Multi Jet Fusion, Stereolithography, Digital Light Processing, Fused Filament Fabrication, and Material Jetting, combined with extensive post-processing, finishing services and urethane casting departments. The additive-focused organization is committed to innovation, having been instrumental in bringing innovative solutions to the industry. Midwest is ISO 9001:2015 and AS9100D:2016 certified as well as ITAR Registered. For more information, visit

About ProtoCAM
ProtoCAM was founded in 1994 by Ron Belknap and Ray Biery offering Stereolithography, RTV molds and Urethane castings. In nearly 30 years in business, ProtoCAM grew its offering into one of the premier additive manufacturing service providers in the Northeast, offering a wide variety of 3D printing technologies along with urethane and wax casting and extensive finishing capabilities. ProtoCAM consistently produces high-quality parts, prototypes and market-ready goods specializing in helping customers get products to market quickly, without roadblocks. .

Contacts
Media:
Jason Kopras
VP of Sales and Marketing, Prototek
608-345-1360
jkopras@prototek.com

�Ϸ��Ӵ�ý Invests in New Directions Aromatics

Sarah Collins — Tue, 15 Feb 2022 06:00:00 +0000

Provides strategic resources and capital to accelerate continued growth

NEW YORK — �Ϸ��Ӵ�ý, a private equity firm focused on the middle-market, announced today that it has invested in (New Directions) in partnership with Founder and CEO, Alex Thomas. Based in Toronto, New Directions is a leading supplier of natural ingredients to the cosmetics, health and beauty and personal care markets.

“New Directions has been on a long journey of impressive growth,” said Alex Thomas, CEO and Founder of New Directions Aromatics. “The addition of the �Ϸ��Ӵ�ý’s experience, capabilities, market knowledge and capital will further strengthen the high-quality ingredients and service we provide our customers and help us take our company to the next level of growth.”

The newly formed partnership will provide New Directions with significant resources and capital to take advantage of growing demand for natural and organic products. Together, �Ϸ��Ӵ�ý and New Directions will drive growth by supporting the development of value-add capabilities, people, and technology, as well as pursuing add-on acquisitions.

“Alex and the New Directions management team have built an exceptional business over the last 20 years,” said Gerald Sheehan, Partner at �Ϸ��Ӵ�ý. “We believe New Directions is well-positioned to benefit from the burgeoning demand for natural and organic ingredients. We are very excited to make a significant strategic investment alongside the management team to further build upon New Directions’ exceptional market position.”

�Ϸ��Ӵ�ý supports transformational growth by partnering with dedicated senior executives and strong management teams to invest in strategic initiatives, both organically and through acquisitions. Together, they draw on comprehensive research, extensive networks, and hands-on experience to create growth opportunities for portfolio companies. New Directions serves a pivotal role in their target market’s supply chain, creating a stable platform from which to expand through focused investment - an ideal fit with �Ϸ��Ӵ�ý’s growth-oriented focus.

�Ϸ��Ӵ�ý Operating Partners Don Sturdivant and John Schweig will join New Directions’ Board of Directors as Co-Chairmen.

“Enabled by deep product knowledge and an extensive supplier network, Alex and his team have built a great business with a stellar reputation,” Sturdivant said. “We are excited to partner with a well-regarded market participant and support growth initiatives.”

“New Directions has an exceptional culture and a strong track record of success,” added Schweig. “I look forward to working with and supporting the team to successfully execute our growth strategy.”

Terms of the transaction were not disclosed.

About New Directions Aromatics

New Directions Aromatics is a leading supplier of wholesale natural and organic raw materials to the cosmetics, health and beauty, and personal care industries. Founded in 1998, the Company is a leading supplier of essential oils, carrier oils, butters, botanical cosmetic bases, botanical liquid extracts and numerous other natural and organic raw material ingredients. New Directions is differentiated in the marketplace by its focus on customer service and its ability to offer a “one-stop shop” solution to customers including individual consumers, small and medium businesses, and Fortune 500 companies. The Company utilizes a fully integrated e-commerce business model for product distribution. To learn more about New Directions Aromatics visit .

About �Ϸ��Ӵ�ý

�Ϸ��Ӵ�ý is a private equity firm focused on middle-market control investments. �Ϸ��Ӵ�ý focuses on companies in attractive sub-sectors across Specialty Manufacturing and Business Services. The �Ϸ��Ӵ�ý investment team collaborates with its operating partners and portfolio management teams to create value through a transformational growth strategy led by organic or acquisition-driven growth. To learn more about �Ϸ��Ӵ�ý visit truarcpartners.com.

Contacts

Abby Aylman Cohen
Greentarget
acohen@greentarget.com

Prototek Acquires Sac EDM & Waterjet

Sara White — Tue, 18 Jan 2022 15:41:58 +0000

Prototek continues rapid expansion of on-demand digital manufacturing acquiring additional CNC Machining, Water Jetting, and EDM capabilities in California

“The addition of Sac EDM and our acquisition of Midwest Prototyping in July propels us to achieving our goal to creating a one-stop digital manufacturing solution with superior levels of quality and service,” said John Pless, Partner at �Ϸ��Ӵ�ý and a Director of Prototek. “This is the beginning of creating a platform able to meet customer demands in an Industrial 4.0 world.”

The joining of the two companies comes at an ideal time heading into a busy 2022. The acquisition bolsters Prototek’s ability to provide complex high-precision prototype and low-volume manufacturing solutions for its customers. In addition, it will allow both firms to serve a more geographically diverse customer base with 8 locations including two in the Northeast, three on the West Coast, two in the Midwest, and one in Colorado. The company will continue to operate in all current Prototek and Sac EDM locations, with more than 300 employees and more than 225,000 square feet of manufacturing workspace.

“Dan and his team at Sac EDM bring valuable technology and capabilities to our growing Digital Manufacturing platform. Their proven success in this field adds a new strategic dimension to our growth,” said William Gress, CEO of Prototek. “Sac EDM’s ability to produce highly specialized and complex parts quickly further strengthens our ability to meet market demand in a shortening innovation cycle.”

William Gress will continue in his role as CEO of Prototek. Dan Folk, President, and CEO of Sac EDM & Waterjet, Inc., will serve as Vice President of Wire EDM and Waterjet Cutting. Folk will be a partner in the company's digital manufacturing growth strategy with Sac EDM & Waterjet, Inc. as the foundation of an aggressive growth plan.

“After nearly 40 years in business it was time to team up with a group that could really take my company to the next level,” added Dan Folk. “I am really looking forward to many years of working with such an impressive organization as Prototek.”

Terms of the transaction were not disclosed. Parker Poe Adams & Bernstein LLP served as legal counsel to Prototek. Weston and Tuttle acted as exclusive financial advisor to Sacramento EDM, Inc. in connection with the transaction and Brian Katz served as legal counsel.

About Prototek

Prototek is a leading national rapid prototyping services provider of precision machined and sheet metal fabricated parts and components for various end markets, including aerospace, defense, medical, robotics, electronics, consumer, and general industrial. Headquartered in New Hampshire, Prototek serves a diverse customer base with numerous in-house manufacturing capabilities across four dedicated facilities in Colorado, New Hampshire, Northern California, and Wisconsin. Prototek is ISO 9001:2015 certified as well as ITAR Registered. For more information, visit .

About Sacramento EDM, Inc. (Sac EDM and Waterjet)

Sac EDM was founded in 1982 by California native Dan Folk, President, and CEO. Dan started as a one-person operation with a single EDM machine and grew into the premier EDM shop in Northern California. Sac EDM currently operates a 26,000-square foot ISO 9001:2015 & AS 9100D certified and ITAR registered facility, offering a full array of CNC Machine capabilities; 5-Axis milling, turning, waterjet, and both wire and sinker EDM. For over 40 years, Sac EDM's quality and commitment to their customers to provide a range of highly specialized and complex solutions to aerospace, defense, commercial, semiconductor, subsea and energy industries. For more information, visit .

Media Contact:
Jason Kopras
VP of Sales and Marketing, Prototek
608-345-1360
jkopras@prototek.com

AI Fire Gains Momentum With Four New Acquisitions

Sara White — Tue, 11 Jan 2022 16:38:49 +0000

NEW YORK – �Ϸ��Ӵ�ý, a private equity firm focused on the middle market, today announced a series of successful acquisitions completed by portfolio company , a leader in fire protection and life safety services.

AI Fire partnered with the �Ϸ��Ӵ�ý team in March 2021. With �Ϸ��Ӵ�ý’s support, AI Fire has accelerated a buy-and-build strategy designed to fuel the company’s growth and expand its geographic footprint to service national, regional, and local customers all under one umbrella. AI Fire has acquired the following companies since the partnership with �Ϸ��Ӵ�ý in March: Blackstone Fire Control and FESS Fire Protection which established a new regional footprint in the Carolinas, TEC Control Systems which increased density in the New England market and BCI Technologies in Dallas which expanded its low voltage service offering to national account customers. The investment in AI Fire is led by with a minority interest held by Snow Phipps Group.

“We’ve been fortunate to be able to join forces with so many great companies in our industry to expand our capabilities and geographic presence this year,” said Michael Lloyd, Chief Executive Officer, AI Fire. “Our strategy of bringing quality professionals in fire and life safety together will allow us to provide comprehensive services to a wider variety of clients across the country. �Ϸ��Ӵ�ý’s deep knowledge of our industry and resources have been instrumental to accelerating our growth strategy.”

In less than a decade, AI Fire has become one of the preeminent fire and life safety companies nationwide, focused on protecting personnel and property. AI Fire serves the market through its Impact Fire branded local offices and vendor-managed, national account offering via Academy Fire. The Company provides inspection, maintenance, repair, and installation of fire sprinklers, fire alarms, fire suppression, portable fire extinguishers, and special hazard systems to national chains and the healthcare, industrial, education, commercial and hospitality industries. Several members of its senior leadership team have been working together for more than fifteen years. AI Fire serves clients nationwide with local offices in the Northeast, Texas, California, Mountain West, and the Southeast and is looking to further expand nationally.

“We look forward to continuing to support AI Fire’s transformational growth through both strategic and operational initiatives,” said Brandon Kiss, Partner at �Ϸ��Ӵ�ý. “We see exciting opportunities for the Company, including the continued acceleration of their buy-and-build strategy, supporting their technical teams on the ground and expanding their national service model.”

�Ϸ��Ӵ�ý supports transformational growth by partnering with dedicated senior executives and strong management teams to employ active strategic and operational management, including pursuing strategic add-on acquisitions. Together, they draw on comprehensive research, extensive networks, and hands-on experience to create growth opportunities for portfolio companies. Commercial and Industrial Business Services are core areas of investment focus for �Ϸ��Ӵ�ý.

Terms of the transactions were not disclosed.

About AI Fire
AI Fire is a fire and life safety service provider to both national accounts via a vendor partner network and local and regional customers through its self-employed technicians. The Company performs routine inspections, repair services, and system installations and services national chains and the hospitality, healthcare, industrial, education, and other commercial industries. The Company was founded in 2009 and has over 25 district offices across 13 states. For more information, visit www.aifire.com.

About �Ϸ��Ӵ�ý
�Ϸ��Ӵ�ý is a private equity firm focused on middle-market control investments of target platforms ranging from $100 million to $500 million in enterprise value. �Ϸ��Ӵ�ý generally focuses on companies in attractive sub-sectors across Specialty Manufacturing and Business Services. The �Ϸ��Ӵ�ý investment team collaborates with its operating partners and portfolio management teams to create value through a transformational growth strategy often led by organic or acquisition-driven growth. To learn more about �Ϸ��Ӵ�ý visit truarcpartners.com.

About Snow Phipps
Snow Phipps is a private equity firm focused on lower middle-market control investments with $2.4 billion of total capital commitments raised since its founding in 2005. The firm pursues a strategy of active strategic and operational management by partnering with dedicated senior executives and strong management teams. Snow Phipps targets companies where there are multiple organic and inorganic opportunities to pursue transformational growth within attractive sub-sectors across Specialty Manufacturing and Business Services.

Media Contact:
Abby Aylman Cohen
917-596-4758
acohen@greentarget.com

Lamark Media Partners With �Ϸ��Ӵ�ý to Fuel Growth

Sara White — Wed, 15 Dec 2021 06:00:00 +0000

NEW YORK – �Ϸ��Ӵ�ý, a private equity firm focused on the middle-market, announced today that it has joined forces with Lamark Media, a full-service integrated digital marketing company.

The newly formed partnership will provide Lamark Media with strategic support and significant capital resources to advance the company’s growth strategy. This includes increased investment in people, capabilities, and technology, as well as the continued strategic acquisition of complementary businesses that augment and expand Lamark Media’s existing skill sets. This represents a continuation of Lamark’s long-term growth plan that started with previous private equity funding in 2018, which is now accelerated with �Ϸ��Ӵ�ý, to ensure that Lamark remains at the forefront of digital innovation for its’ clients and employees. Lamark’s foundational business practice, including the current executive and leadership teams, will remain unchanged and excited for the future.

“We are excited to work with �Ϸ��Ӵ�ý to help accelerate our growth, expand our capabilities and continue to grow our team, remaining focused on achieving positive results for our clients,” said Bryan Shetsky, Founder and CEO Lamark Media. “Lamark and �Ϸ��Ӵ�ý share a unified vision, and they have the resources, expertise and collaborative mindset to be a great partner for us in the next phase of our business’s evolution.”

Lamark Media offers integrated marketing solutions, with specialization in ecommerce, lead generation and digital customer acquisition strategy. Lamark’s clients range from emerging brands to Fortune 500 companies for both consumer and business-to-business initiatives. Lamark has built a unique and comprehensive approach to achieving business growth for its clients, leveraging its significant experience across service channels, end markets and business models with an agnostic approach. Lamark also has top-level relationships with key media partners including Google, Facebook, Snapchat, Bing and Trade Desk, as well as other emerging digital platforms.

“The fragmented nature of the digital marketing industry makes it ripe for transformational growth,” said Alan Mantel, Co-Managing Partner, �Ϸ��Ӵ�ý. “Lamark’s strong management team along with their deep relationships with such a diverse range of customers positions the company for ongoing success. We look forward to partnering with Bryan and the Lamark leadership team to advance their strategy and propel the company forward.”

�Ϸ��Ӵ�ý supports transformational growth through active strategic and operational management, partnering with dedicated senior executives and strong management teams. Tech-enabled business services is a core area of focus for the firm, including digital marketing, given its growing importance to the overall economy. Digital marketing and advertising are benefitting from the ongoing shift away from traditional marketing strategies towards omni-channel digital marketing. Small-to-medium size companies through large, mature brands benefit from the scalable expertise and execution that Lamark Media provides.

“Lamark is a thought leader and positioned to deliver on the continued evolution of digital marketing,” said Campbell Langdon, Operating Partner, �Ϸ��Ӵ�ý. “We look forward to working with the Lamark team to continue to deploy their data-driven analytical approach to more clients and help build additional capabilities.”

Terms of the partnership were not disclosed.

About Lamark
Lamark Media is an integrated marketing partner to the world’s most ambitious brands, that leverages integrated digital strategies to fuel growth. Lamark’s core mission is simple - to create extraordinary campaigns that yield measurable results for their clients. Capabilities include strategy, media buying and optimization, lead generation, e-commerce, branding, web design, digital auditing, and analytics along with several other marketing and creative services. For more information, please visit .

About �Ϸ��Ӵ�ý
�Ϸ��Ӵ�ý is a private equity firm focused on investing in middle-market companies in attractive sub-sectors across specialty manufacturing and business services. The �Ϸ��Ӵ�ý investment team collaborates with its operating partners and portfolio management teams to create value through a transformational growth strategy led by organic or acquisition-driven growth. To learn more about �Ϸ��Ӵ�ý visit .

Contacts

Abby Aylman Cohen
917-596-4758
acohen@greentarget.com

Snow Phipps Group Announces Sale of AMAROK

Sara White — Mon, 13 Dec 2021 15:31:00 +0000

NEW YORK – Snow Phipps Group, LLC ("Snow Phipps"), a private equity firm focused on the middle-market, today announced the completion of its sale of AMAROK, LLC ("AMAROK" or the "Company"), a leading tech-enabled perimeter security solutions provider, to investment firms AVALT and Northleaf Capital Partners. �Ϸ��Ӵ�ý, LP, which was established by certain senior investment professionals of Snow Phipps, is acting as investment sub-advisor for Snow Phipps.

Since acquiring AMAROK in June 2016, Snow Phipps has invested significantly in the Company to support the management team as they effectively executed a strategy focused on transformational growth. During that time, the Company has greatly expanded its sales and operations model, rebranded, expanded into new end markets and transformed its product and solution offering with several new product innovations.

“We have greatly appreciated our partnership with AMAROK and thank the entire team for their efforts during our ownership,” said Brandon Kiss, a Partner of �Ϸ��Ӵ�ý (sub-advisor to Snow Phipps). “We are very pleased with the substantial growth we achieved and wish the Company continued success.”

AMAROK CEO Mark Wesley added, "Snow Phipps has been an incredible partner to AMAROK over the last several years. They have provided significant strategic, financial and operational assistance, that has been instrumental in our growth and to realizing our vision. We have greatly enjoyed our time working together.”

John Kenny, Operating Partner at �Ϸ��Ӵ�ý (sub-advisor to Snow Phipps) added, “We feel very fortunate to have been partners with CEO Mark Wesley and the entire AMAROK team. Together we have been able to significantly transform the Company and position it for continued growth.”

Piper Sandler & Co. and Raymond James & Associates, Inc. acted as financial advisors to AMAROK. Weil, Gotshal & Manges LLP acted as legal counsel.

About AMAROK

AMAROK™ is a full-perimeter security company based in Columbia, South Carolina, that provides service throughout the United States. Specializing in electric fencing on commercial and industrial properties, AMAROK also provides supplemental surveillance solutions, including cameras, lights, alarms and remote video monitoring. Together, they form the ultimate crime prevention solution for any business. As a security partner for over 5,000 commercial and industrial locations, the Company protects businesses from theft and provides a safer work environment for employees while reducing total security costs. For more information on AMAROK, visit .

Contacts

Snow Phipps
Ian Snow
347-210-3636
isnow@snowphipps.com

�Ϸ��Ӵ�ý
Abby Aylman Cohen
917-596-4758
acohen@greentarget.com

AMAROK
Kerry Gibson
VP, Marketing
803-404-6182
kgibson@amarok.com

Prototek Builds One-Stop Destination for On-Demand Manufacturing With Addition of Midwest Prototyping

Sara White — Wed, 21 Jul 2021 05:00:00 +0000

Acquisition of digital manufacturing specialist adds capabilities and geographic reach, fueling continued growth of both firms

CONTOOCOOK, NH – Prototek Holdings LLC ("Prototek"), a leading national provider of rapid prototyping and low volume production services for precision machined and sheet metal fabricated parts, today announced it completed the acquisition of Midwest Prototyping LLC, one of the nation's largest independent additive manufacturing services businesses and a leader in digital (3D) manufacturing. The transaction closed on July 15, 2021.

The joining of the two organizations comes at an exciting point in the growth of both firms, allowing them to provide a single destination for increasingly complex prototyping and low-volume manufacturing needs of customers. The combined company will be able to provide a full suite of sheet metal, CNC, and additive manufacturing capabilities with a fleet of more than 140 machines. In addition, it will allow both firms to serve a more geographically diverse customer base with locations near technology hubs in the Northeast, Silicon Valley and the Midwest. The company will continue to operate in all current Prototek and Midwest Prototyping locations, with a total of 237 employees. Fire is a national provider of fire protection services. The Company provides inspection, maintenance, repair, and installation of portable fire extinguishers, fire sprinklers, fire alarms and emergency lighting to national chains and the healthcare, industrial, education, commercial and hospitality industries.

William Gress will continue in his role as CEO of Prototek. Steve Grundahl, President and Founder of Midwest Prototyping, will serve as Vice President of Additive Manufacturing. Grundahl will be responsible for leading the company's digital manufacturing growth strategy with Midwest Prototyping as the foundation of an aggressive growth plan.

"The Midwest Prototyping team will be a terrific complement to our core capabilities and will support our continued growth," said William Gress, CEO of Prototek. "We can now meet all of the prototyping and low volume production needs for our customers through a broad range of cutting-edge manufacturing capabilities and increased size, scale and efficiency, with the same high quality they've come to expect. Steve and his team are a great fit for us, and we look forward to working together to provide end-to-end digital manufacturing solutions to our customers around the country."

"Bill and the team at Prototek are the right partners for us at this pivotal time in our development," said Grundahl. "Digital and on-demand manufacturing are experiencing significant tailwinds. Joining Prototek gives our employees greater opportunities for growth, and we’re thrilled to bring even more resources and flexibility to our customers."

"We recently acquired Prototek to support its growth prospects and expansion into digital and on-demand manufacturing. Merging the Midwest Prototyping team and additive manufacturing capabilities with Prototek's already robust offerings is a great first step to advance this strategy," said John Pless, Partner, �Ϸ��Ӵ�ý. "We expect this to be the beginning of significant additional investments in organic and inorganic initiatives that will position the company to capitalize on a dynamic industrial manufacturing market."

Terms of the transaction were not disclosed. Parker Poe Adams & Bernstein LLP served as legal counsel to �Ϸ��Ӵ�ý and Prototek. Stifel Global Technology Group acted as exclusive financial advisor to Midwest Prototyping in connection with the transaction. Murphy Desmond S.C. served as legal counsel to Midwest Prototyping.

About Prototek
Prototek is a leading national rapid prototyping services provider of precision machined and sheet metal fabricated parts and components for a variety of end markets, including aerospace, defense, medical, robotics, electronics, consumer, and general industrial. Headquartered in New Hampshire, Prototek serves a diverse customer base with numerous in-house manufacturing capabilities across four dedicated facilities located in New Hampshire, Wisconsin and Northern California. Prototek is ISO 9001:2015 certified as well as ITAR Registered. For more information, visit .

About Midwest Prototyping
Founded in 2001, Midwest Prototyping today is one of the nation's largest independent digital manufacturing companies, offering a diverse array of additive manufacturing technologies for both prototyping and production applications. Midwest Prototyping has expertise in six additive industrial printing technologies: Laser Sintering, Multi Jet Fusion, Stereolithography, Digital Light Processing, Fused Filament Fabrication, and Material Jetting, combined with extensive post-processing, finishing services and urethane casting departments. The additive-focused organization is committed to innovation, having been instrumental in bringing new solutions to the industry. Midwest is ISO 9001:2015 and AS9100D certified as well as ITAR Registered. For more information, visit .

About �Ϸ��Ӵ�ý
�Ϸ��Ӵ�ý, the successor firm to Snow Phipps, is a private equity firm focused on lower middle-market control investments of target platforms ranging from $100 million to $500 million in enterprise value. �Ϸ��Ӵ�ý generally focuses on companies in attractive sub-sectors across specialty manufacturing and business services. The �Ϸ��Ӵ�ý investment team collaborates with its operating partners and portfolio management teams to create value through a transformational growth strategy often led by organic or acquisition-driven growth. To learn more about �Ϸ��Ӵ�ý and Snow Phipps, visit .

Media Contact
Abby Aylman Cohen
(917) 596-4758
acohen@greentarget.com

Snow Phipps Group Acquires AI Fire

Sara White — Tue, 23 Mar 2021 05:00:00 +0000

NEW YORK – Snow Phipps Group (“Snow Phipps”) announced announced today that it has completed its acquisition of AI Fire, LLC (“AI Fire” or the “Company”) from Audax Private Equity. Terms of the transaction were not disclosed.

AI Fire is a national provider of fire protection services. The Company provides inspection, maintenance, repair, and installation of portable fire extinguishers, fire sprinklers, fire alarms and emergency lighting to national chains and the healthcare, industrial, education, commercial and hospitality industries.

"AI Fire is a unique services business that is poised for significant growth in the attractive fire protection services industry,” said Brandon Kiss, Partner at Snow Phipps. “We look forward to building on the Company’s strong reputation and market position, and to growing the business both organically and through highly strategic acquisitions."

"We are very excited to be partnering with Snow Phipps. They bring significant expertise in the commercial and industrial services industries and are an ideal partner for our next stage of growth," added Michael Lloyd, AI Fire CEO.

"Mike and his team have a proven track record and clear vision to drive growth," said Snow Phipps Operating Partner John Kenny, who will join the Company's Board of Directors. "I look forward to working with them to make sure the Company has the resources needed to successfully execute our growth strategy."

Raymond James served as financial advisor and Weil, Gotshal & Manges LLP served as legal counsel to Snow Phipps for the transaction.

About AI Fire
AI Fire is a fire and life safety service provider to both national accounts via a vendor partner network and local and regional customers through its self-employed technicians. The Company performs routine inspections, repair services, and system installations and services to national chains and the hospitality, healthcare, industrial, education, and other commercial industries. The Company was founded in 2009 and has 20 district offices for its self-employed base across 11 states. For more information, visit .

About Snow Phipps Group
Snow Phipps is a private equity firm focused on lower middle-market control investments with $2.4 billion of total capital commitments raised since its founding in 2005. The firm generally focuses on companies in attractive sub-sectors across the Industrials, Business Services and Consumer industries and targets platform investments with enterprise values ranging from $100 million to $500 million. The Snow Phipps investment team collaborates with its Operating Partners and portfolio management teams to create value through an operationally focused strategy often led by organic and acquisition-driven growth. To learn more about Snow Phipps, visit .

Media Contacts
Mary Beth Grover and Taylor Ingraham
ASC Advisors
(203) 992-1230
mbgrover@ascadvisors.com / tingraham@ascadvisors.com

Brook & Whittle Continues West Coast Expansion With Tri Print Partnership

Sara White — Tue, 20 Oct 2020 05:00:00 +0000

NEW YORK, NY – Brook and Whittle Holdings, Corp. ("Brook & Whittle"), a leading provider of sustainable pressure sensitive and shrink sleeve prime labels, announced a partnership with Tri Print, LLC ("Tri Print"). Based in Huntington Beach, California, Tri Print is a provider of turnkey packaging solutions to brands and customers in growth-oriented consumer markets including personal care, health and beauty, natural products, nutraceuticals and celebrity branding.

Brook & Whittle is majority owned by private equity firm Snow Phipps Group, L.L.C. ("Snow Phipps"). Today's partnership underscores Brook and Whittle's continued expansion on the West Coast, following the firm's previously announced acquisition of Orange County-based Label Impressions in June. The Tri Print deal is the sixth add-on transaction for Brook & Whittle since Snow Phipps' initial investment in October 2017.

Similar to Brook & Whittle, Tri Print is focused on the growth segments of the prime market, namely flexographic and digital pressure sensitive and shrink sleeve labels. Tri Print was founded by CEO Ron Herrema in 1992. Senior Vice President in charge of business development Pamela Herrema joined the organization in 1995 and the two have focused Tri Print on partnering with high growth brands to facilitate seamless packaging solutions. Tri Print's current employees will continue with Brook & Whittle.

"Brook & Whittle, through its Orange County site, has worked with Tri Print for almost 20 years. Tri Print has an outstanding reputation and a proven ability to provide unique solutions for its customers' packaging needs," said Mark Pollard, CEO of Brook & Whittle. "Ron and Pam have built an amazing company and I am excited to partner with them."

"We are delighted to join the Brook & Whittle team," said Mr. Herrema. "With Brook & Whittle's multiple facilities throughout North America and their focus on sustainable labeling solutions, this partnership will allow us to enhance our offerings and to serve our clients in an even greater capacity."

"We are pleased to partner with Tri Print and are very excited about the opportunities that come from our combined capabilities," said Don Sturdivant, Chairman of Brook & Whittle and Operating Partner at Snow Phipps. "Tri Print's unique approach to solutions selling and strong customer relationships will facilitate robust growth opportunities at Brook & Whittle."

About Brook & Whittle
Brook & Whittle is a leading technically-oriented North American manufacturer of premium prime label solutions with highly differentiated capabilities, entrusted by some of the most well-known and trusted North American brands. The Company provides pressure sensitive labels, shrink labels and medical packaging, with a focus on sustainable packaging solutions and decorative effects requiring significant technical expertise. With a heritage rooted in product development and comprehensive in-house manufacturing operations, the Company draws on its wide variety of specialized printing expertise, including flexographic, rotogravure and digital, to create unique decorated labels across a range of substrates. Brook & Whittle operates eight production facilities in North Branford, CT, Guilford, CT, Amherst, NY, Croydon, PA, St. Louis, MO, Nashville, TN, Orange, CA and Hamilton, OH. To learn more about Brook & Whittle, visit .

About Tri Print
Tri Print is a provider of turnkey packaging solutions specializing in premium pressure sensitive labels, shrink sleeves and flexible packaging, serving the personal care, health and beauty, natural products, nutraceuticals, and celebrity branding industries, amongst others. Tri Print is located in Huntington Beach, CA. For more information, visit .

About Snow Phipps Group
Snow Phipps is a private equity firm focused on lower middle-market control investments with $2.8 billion of total capital commitments raised since its founding in 2005. The firm generally focuses on companies in attractive sub-sectors across the Industrials, Services and Consumer industries and targets platform investments with enterprise values ranging from $100 million to $500 million. The Snow Phipps investment team collaborates with its Operating Partners and portfolio management teams to create value through an operationally focused strategy often led by organic or acquisition-driven growth. To learn more about Snow Phipps, visit .

Brook & Whittle Continues Expansion With Agreements to Acquire Innovative Labeling Solutions and Wizard Labels

Sara White — Thu, 08 Oct 2020 20:57:00 +0000

Transactions Will Transform Brook & Whittle's Digital and Online Capabilities

NEW YORK, NY – Brook and Whittle Holdings, Corp. ("Brook & Whittle"), a leading provider of sustainable pressure sensitive and shrink sleeve prime labels, today announced the signing of definitive agreements to acquire Innovative Labeling Solutions, Inc. ("ILS") and Wizard Labels LLC ("Wizard Labels") in partnership with founders, Jay Dollries, Steve Wolf and Steve Smith. Brook & Whittle is majority owned by private equity firm Snow Phipps Group, L.L.C. ("Snow Phipps"). The closing of the acquisitions is expected to occur within 30 days.

Jay Dollries founded ILS with Steve Wolf in 1996 and went on to start Wizard Labels with Steve Smith in 2013. ILS is the preeminent full-service provider of high quality digitally printed prime labels. Wizard Labels is an online custom product label company, focused on providing a seamless online transaction experience and excellent customer service. Both companies, similar to Brook & Whittle, are focused on supplying pressure sensitive and shrink sleeve labels to growth-oriented consumer end markets including craft beverage, nutraceuticals, food, household and personal care, among others. Mr. Dollries and Mr. Smith will continue their involvement and become part owners in Brook & Whittle post-closing. The ILS and Wizard Labels leadership teams will continue to focus on running their respective businesses as part of Brook & Whittle.

"We are thrilled to acquire leading providers of digital and custom online prime label solutions in North America. The founders of ILS and Wizard Labels have built remarkable companies that are exceptionally well-positioned for growth and we are incredibly excited for them to join Brook & Whittle as significant shareholders," said Mark Pollard, CEO of Brook & Whittle.

"There is significant benefit in the application of the ILS and Wizard Labels business model across Brook & Whittle," said Don Sturdivant, Chairman of Brook & Whittle and Operating Partner at Snow Phipps. "Brook & Whittle, ILS and Wizard Labels all focus on similar growth-oriented end markets and product categories, namely pressure sensitive and shrink sleeve. We are eager to combine our efforts to collectively better serve our growing customer base."

Since the purchase of its first digital press in 2005, ILS has focused its business model around digital production capable of delivering fast lead times on short run production for its customers. ILS has longstanding partnerships with several of the world's leading global digital print and converting equipment manufacturers and frequently serves as a beta testing site for new equipment introductions. Mr. Dollries, who is the current CEO of ILS, will help transition the ILS platform to Brook & Whittle and become a strategic advisor and thought partner as a shareholder and board member of Brook & Whittle. "Jay has driven remarkable growth at ILS over its long history, and we are extremely excited for him to help us craft our future digital strategy," stated Mr. Pollard.

"ILS has proven its ability to maximize the capabilities of digital printing technology in unique ways to provide solutions for our customers. The opportunity to leverage our know-how across the broader Brook & Whittle platform will truly enhance our ability to scale the business model and growth prospects. In addition, ILS and Brook & Whittle share similar cultures and values, so this partnership is truly a great fit," stated Mr. Dollries.

Wizard Labels was founded in 2013 by both Mr. Smith and Mr. Dollries. The collaboration between ILS and Wizard Labels has proven to be an excellent match, delivering high quality solutions in minimal turnaround time. "The Wizard Labels' technology platform has demonstrated its unique ability to service customers with unparalleled speed and reliability," said Mr. Smith, Founder and President of Wizard Labels. "We look forward to expanding our product line and growing our customer base with the increased capabilities Brook & Whittle offers." Mr. Smith will continue with Brook & Whittle as a strategic advisor and shareholder helping Brook & Whittle continue to scale Wizard Labels' technology platform.

ILS and Wizard Labels are the fourth and fifth add-on transactions that Brook & Whittle anticipates completing since Snow Phipps' initial investment in October 2017. Brook & Whittle acquired Prime Package & Label in November 2018, a shrink sleeve facility in Croydon in May 2020 and Label Impressions in June 2020.

"We are pleased to have the opportunity to partner with ILS and Wizard Labels and are very enthusiastic about our future together," said Gerald Sheehan, Partner at Snow Phipps. "The acquisition will further enhance Brook & Whittle's position as a leading provider of high-end labels across North America."

Weil, Gotshal & Manges LLP served as legal counsel and KPMG LLP served as financial advisor to Snow Phipps. RKCA Investment Banking served as financial advisor to ILS and Wizard Labels in these transactions.

About Brook & Whittle
Brook & Whittle, headquartered in Guilford, CT, is a leading technically-oriented North American manufacturer of premium prime label solutions with highly differentiated capabilities, entrusted by some of the largest global brands. The Company provides pressure sensitive labels, shrink labels and medical packaging, with a focus on sustainable packaging solutions and decorative effects requiring significant technical expertise. With a heritage rooted in product development and comprehensive in-house manufacturing operations, the Company draws on its wide variety of specialized printing expertise, including flexographic, rotogravure and digital, to create unique decorated labels across a range of substrates. Brook & Whittle operates eight production facilities in North Branford, CT, Guilford, CT, Amherst, NY, Croydon, PA, St. Louis, MO, Nashville, TN, Orange, CA and Hamilton, OH. To learn more about Brook & Whittle, visit .

About Innovative Labeling Solutions
Innovative Labeling Solutions is a full-service prime packaging provider focused on high quality digitally printed labels serving the household personal care, beverage, nutraceutical, food and industrial end markets, amongst others. Innovative Labeling Solutions is located in Hamilton, OH. For more information, visit .

About Wizard Labels
Wizard Labels is an online custom product label company focused on the business-to-business label market. Wizard Labels serves a variety of end markets including beauty, household personal care, nutraceutical, CBD/cannabis, food and beverage, amongst others. For more information, visit .

About Snow Phipps Group
Snow Phipps is a private equity firm focused on lower middle-market control investments with $2.8 billion of total capital commitments raised since its founding in 2005. The firm generally focuses on companies in attractive sub-sectors across the Industrials, Services and Consumer industries and targets platform investments with enterprise values ranging from $100 million to $500 million. The Snow Phipps investment team collaborates with its Operating Partners and portfolio management teams to create value through an operationally focused strategy often led by organic or acquisition-driven growth. To learn more about Snow Phipps, visit .