MPC Plating, Inc. has sold to 3 Rivers Capital

  • April 30, 2016August 2, 2021
  • by admin

3 Rivers Capital has acquired MPC Plating, Inc., the Cleveland, Ohio-based industry leader of decorative and non-decorative plastic and metal plating services. EdgePoint served as the exclusive financial advisor to MPC Plating. Terms of the transaction were not disclosed.

For more than 34 years, MPC Plating has offered customers a comprehensive offering of surface covering and finishing services, including the unique ability to plate various metallic materials onto specialty plastic parts. The Company’s parts are used in the manufacturing of products including small and large appliances, plumbing, automotive, marine, consumer products, heavy trucks and service vehicles.

Founded in 2005, 3 Rivers Capital is a Pittsburgh-based private equity firm which focuses primarily acquiring niche manufacturing and specialty service businesses.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.

Standard Components Inc. has sold to Summit Equity Group

  • March 31, 2016August 2, 2021
  • by admin

Summit Equity Group has acquired Standard Components, Inc. (“SCI”), the Sterling Heights, Michigan-based designer and builder of sophisticated and complex tooling. EdgePoint served as the exclusive financial advisor to SCI. Terms of the transaction were not disclosed.

Founded in 2001, Standard Components Inc. is a leader in the design, build, and certification of indirect assembly tooling, checking fixtures, holding fixtures, and gages used in the final assembly of aircraft and vehicles. By offering unparalleled technical expertise, consistent quality, and reliable delivery, SCI consistently serviced the mission-critical tooling requirements of the world’s largest aerospace, automotive, and defense industry customers.

Headquartered in Des Moines, Iowa, Summit Equity Group is a national private investment firm focused on providing capital to middle-market businesses with proven management teams and a high potential for growth.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.

Ohio Travel Bag Manufacturing Co. has sold to Zorro…

  • March 17, 2016March 22, 2023
  • by admin

Zorro Capital, LLC has acquired Ohio Travel Bag Manufacturing Co., the Cleveland, Ohio-based industry-leading wholesale distributor of hardware and fittings for luggage, handbags, cases, leather jewelry and leather goods. EdgePoint initiated the transaction, led the negotiations of the sale and served as the exclusive sell-side financial advisor to Ohio Travel Bag. Financing for the transaction was provided by Home Savings & Loan and F.N.B Capital Partners. Specific terms of the transaction were not disclosed.

Founded in 1908, Ohio Travel Bag is a wholesale distributor of specialized components, fittings, and parts used by customers in the manufacturing or repair of leather goods, handbags, luggage, upholstery and horse tack products. The Company’s comprehensive printed catalog and website (www.ohiotravelbag.com) offer customers an extensive selection of more than 8,000 products.

Headquartered in Northeastern Ohio, Zorro Capital, LLC focuses on distribution industry investments in the lower middle market near the Cleveland/Akron/Canton area.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.

Delco Corporation has sold to Capital For Business

  • March 9, 2016August 2, 2021
  • by admin

Capital For Business has acquired Delco Corporation (“Delco”), the Akron, Ohio-based provider of precision machining and mold building services. EdgePoint served as the exclusive financial advisor to Delco. Terms of the transaction were not disclosed.

For over 40 years, Delco has provided tight tolerance precision machining, custom and production machining, and sophisticated mold building services to customers in a variety of industries. Founded in 1971, Delco has successfully leveraged technical expertise, consistent quality, and reliable product delivery to become a critical service partner to a diverse base of marquee customers in the energy, defense, and aerospace industries.

Headquartered in St. Louis, Missouri, Capital For Business is a national private investment firm focused on providing capital to middle-market businesses with proven management teams and a high potential for growth.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.

H&S Tool, Inc. has sold to Climax Portable Machining…

  • October 1, 2015May 3, 2023
  • by admin

Climax Portable Machining & Welding Systems, Inc. (“Climax”), a portfolio holding company of Industrial Growth Partners (“IGP”), has acquired the assets of H&S Tool, Inc. and H&S Tool Ltd. (collectively “H&S Tool”). EdgePoint Capital (“EdgePoint”) initiated the transaction, led the negotiations of the sale, and served as the exclusive sell-side advisor to H&S Tool. Terms of the transaction were not disclosed.

H&S Tool, headquartered in Wadsworth, Ohio, USA, is the top brand and leading independent provider of ID-mount and OD-mount/clamshell pipe cutting and beveling tools. H&S Tool has offices in the USA and UK, and a worldwide distribution network

Climax, headquartered in Newberg, Oregon, USA, is the leading global provider of high-performance portable machine tools and welding systems. Climax also provides high-performance valve test systems under the Climax Calder brand. Climax has offices and operations throughout the world and channel partners in all major markets.

IGP is a San Francisco-based specialist private investment partnership focused exclusively on acquiring middle-market industrial manufacturing businesses. Since its inception in 1997, the firm has raised $1.4 billion in equity capital across four funds and have successfully invested alongside management in over two dozen platform transactions.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.

S.G. Morris has sold to Applied Industrial Technologies, Inc.

  • September 30, 2015August 2, 2021
  • by admin

S.G. Morris Company has been acquired by Applied Industrial Technologies, Inc., the Cleveland, Ohio-based industry leader in industrial products distribution throughout the U.S., Canada, Mexico, Australia, and New Zealand. EdgePoint served as the exclusive financial advisor to S.G. Morris Company. Terms of the transaction were not disclosed.

Since 1932, S.G. Morris has been a leading, value-added distributor of fluid power products to various commercial and industrial markets throughout the Midwest. A former employee-owned business, S.G. Morris also provides custom engineered fluid power systems.

Headquartered in Cleveland, Ohio, Applied Industrial Technologies, Inc. is a worldwide leader in industrial distribution with more than 5,800 employees across the globe.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.

Mobile Air, Inc. has sold to Tioga Air

  • September 30, 2015January 24, 2022
  • by admin

Mobile Air, Inc. has been acquired by Tioga Air Heaters, LLC, the Minneapolis, Minnesota-based industry leader in the sale and rental of heating, air conditioning, and dehumidification systems. EdgePoint served as the exclusive financial advisor to Mobile Air. Terms of the transaction were not disclosed.

For over 25 years, Mobile Air has provided turnkey heating, air conditioning, filtration and dehumidification equipment rentals to commercial property owners and the construction market. Mobile Air operates nine locations throughout the Midwest, and has quickly become an industry leader through its technical expertise and proprietary product lines.

Headquartered in Minneapolis, Minnesota, Tioga Air Heaters was founded to manufacture and sell rugged industrial-grade heaters into the commercial construction, oil & gas, and mining markets. Today, the Company is a leading provider of heating, air conditioning, filtration, and dehumidification solutions throughout the U.S. Tioga Air Heaters is a portfolio company of Mangrove Equity Partners.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.

Style Crest Logistics has sold to Peoples Services, Inc.

  • September 15, 2015March 22, 2023
  • by admin

Peoples Services, Inc. has acquired Style Crest Logistics, Inc., the Fremont, Ohio-based provider of comprehensive integrated warehousing, transportation, and other customized value-added services. EdgePoint served as the exclusive financial advisor to Style Crest Logistics. Terms of the transaction were not disclosed.

For more than 25 years, Style Crest Logistics has served a diverse group of customers ranging from some of the world’s leading consumer brands and mid-sized industrial and commercial manufacturers to regional distributors and local enterprises. The Company’s seven technologically-integrated storage and handling facilities offer timely access to rail lines, major highways, and international air freight and seaport services.

Peoples Services is a recognized provider of transportation and logistics services with over 5 million square feet of public and contract warehouse space specializing in a variety of commodities from chemicals to consumer goods. The Company operates warehouse locations in Ohio, North Carolina, South Carolina, Michigan, Virginia and West Virginia.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.

PeopleShare, Inc. has been recapitalized by Trivest Partners

  • September 1, 2015August 2, 2021
  • by admin

Trivest Partners has recapitalized PeopleShare, Inc., a Pottstown, Pennsylvania-based provider of staffing services to the clerical, light industrial, and financial sectors. Founded in 2005, PeopleShare is one of the fastest growing staffing companies in the industry.

EdgePoint led the negotiations of the transaction and served as financial advisor to PeopleShare. Terms of the transaction were not disclosed.

Headquartered in Coral Gables, Florida, Trivest Partners is a private equity firm with a committed equity fund that focuses on lower middle market manufacturing, distribution and service throughout the United States and Canada.

EdgePoint is a leading investment banking firm focused on providing lower middle market business owners with merger and acquisition advisory services.

Lake Erie Abrasive & Tool, Inc. has sold to…

  • September 1, 2015August 2, 2021
  • by admin

Motion Industries has acquired Lake Erie Abrasive & Tool, Inc. (“Lake Erie” or the “Company”), the Euclid, Ohio-based industrial abrasives distributor. EdgePoint served as the exclusive financial advisor to Lake Erie Abrasive & Tool. Terms of the transaction were not disclosed.

For more than 45 years, Lake Erie Abrasive & Tool has provided industrial abrasives to some of the most demanding Fortune 100 companies. The Company leverages its technical knowledge and proprietary inventory management software to improve customer productivity and reduce inventory levels. Lake Erie operates locations in three states and uniquely serves the power generation, aviation, automotive, foundry, and industrial end markets.

Motion Industries, based in Birmingham, Alabama, is a leading distributor of MRO and OEM products to government and industrial customers in North America. As of 2014, Motion Industries had annual revenues of $4.8 billion and more than 150,000 customers. Motion Industries is a wholly owned subsidiary of Genuine Parts Company (NYSE: GPC).

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.