Stonebridge Partners is pleased to announce the successful growth equity recapitalization of Safety Infrastructure Solutions (“SIS” or the “Company”) in partnership with its founders, management team and other equity investors. Earnings have nearly tripled since Stonebridge’s initial investment, resulting in over a 3.6x gross cash-on-cash return. Importantly, the transaction not only provided liquidity to Stonebridge’s investors, it also provided…
Stonebridge Partners is pleased to announce the successful acquisition of Cast-Crete USA, LLC (“Cast-Crete” or the “Company”) in partnership with Cast-Crete’s primary shareholder, Shea Hughes. Shea, whose father Ralph Hughes founded the Company in 1955, will remain on the Board of Directors and will retain his position as the largest individual shareholder. In addition, as part of the transaction,…
Stonebridge Partners is pleased to announce the successful recapitalization of ADI American Distributors, LLC (“ADI” or the “Company”) in partnership with ADI’s founder, David Beck. David, who founded ADI in 1983, will remain President and CEO and has retained a significant ownership position. The transaction closed on April 29, 2016. Based in Randolph, NJ, ADI (www.americandistr.com) is a leading,…
FALL RIVER, Massachusetts – May 18, 2015. American Dryer Corporation (“ADC”) announced that it has entered into an agreement to be acquired by Whirlpool Corporation. The planned acquisition gives Whirlpool Corporation’s commercial laundry business a platform to reach new markets and channels, while building on a strong foundation of industry-leading innovation, quality and service. “The acquisition of ADC by Whirlpool…
Stonebridge Partners is pleased to announce the successful recapitalization of Swiff-Train Company LLC (“Swiff-Train” or the “Company”) on December 23, 2014. Swiff-Train, based in Corpus Christi, Texas, is one of the largest full-line suppliers and distributors of floor covering products in the country. The Company offers a broad range of hardwood, vinyl, carpet, ceramic and laminate flooring products, as…
Stonebridge Partners has completed the acquisition of Really Innovations through BrandFX Body Company (“BrandFX”), a portfolio company since August 2013. The acquisition of Really Innovations fits well with Stonebridge’s growth strategy for BrandFX, adding more specialized product lines and opening access to several key customers within the pest control and lawn care markets. Really Innovations has a longstanding reputation…
Stonebridge Partners (“Stonebridge” or the “Firm”) is pleased to announce that it has completed the recapitalization of BrandFX Body Company (“BrandFX” or the “Company”) based in Fort Worth, Texas on August 30, 2013. With annual revenues approaching $80 million, BrandFX manufactures and sells composite utility truck bodies. Products include service bodies designed for smaller utility trucks, line bodies designed for…
Safety Infrastructure Solutions (“SIS” or the “Company”), a Fund IV portfolio company of Stonebridge Partners, completed the acquisition of Z Corp in late December, 2012. Z Corp is a complimentary regional infrastructure company with multiple locations in the southern region of the United States. The acquisition opens up a new, attractive marketplace for SIS while providing strong regional management…
Stonebridge Partners is pleased to announce the acquisition of Metaris Hydraulics by its portfolio company Hydraulex Global on August 30, 2012. Metaris has a long-standing reputation for being a leading global provider of high-quality aftermarket hydraulic and power transmission components servicing the mobile and industrial markets. Metaris enjoys a strong brand name and sells a large share of its…