Portfolio

 

Private Credit

Family Office Platform

Precision Manufacturing


  • NewGuard Plastic Cards

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    Headquartered in Rocky Mount, Virginia, NewGuard is one of the largest manufacturers of plastic, composite, eco and technology cards in North America. NewGuard's recent acquisition of Cranberry Township, PA-based Allegheny Card Solutions provides printing and finishing capabilities.

    • Status: Active
    • HQ Location: Virginia
    • Industry: Precision Manufacturing
    • Fund: Junior Capital Fund III
    • Deal Team: Matt Harnett, Paul Oris, and Justin Uhlenbrock
    • Investment Date: 09/30/2024
  • CM Industries

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    CM Industries manufactures branded welding equipment and consumable welding supplies.

    • Status: Active
    • HQ Location: Midwest
    • Industry: Precision Manufacturing
    • Fund: Junior Capital Fund III
    • Deal Team: Matthew Harnett, Jack Surma, and Carter Henderson
    • Investment Date: 06/02/2023
  • SMX Industrial Solutions

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    SMX Industrial Solutions is the holding company of two iconic metal fabrication equipment brands. Scotchman Industries, based in Philip, SD, is a market leading manufacturer of hydraulic ironworkers, cold saws and hydraulic presses. The company has a legacy of more than five decades and is renowned for its commitment to quality, innovation, and customer satisfaction. Steelmax Tools, with operations in Colorado and Pittsburgh, Pennsylvania, is a key supplier of fabrication and welding mechanization solutions, including magnetic drilling machines, plate and pipe bevellers and trackless and track-mounted welding carriages.

    • Status: Active
    • HQ Location: Colorado
    • Industry: Precision Manufacturing
    • Fund: Junior Capital Fund III
    • Deal Team: Stephen Gurgovits, Jr., Tyson Smith, Jack Surma, and Zac Forsyth
    • Investment Date: 09/22/2023
  • Accelevation

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    Accelevation is a vertically integrated group of manufacturing companies serving the data center, electric vehicle, and robotics end markets.

    • Status: Active
    • HQ Location: Ohio
    • Industry: Precision Manufacturing
    • Fund: Private Credit Fund III
    • Deal Team: Matthew Harnett, Husnain Safdar, and Dominic Noel
    • Investment Date: 07/03/2023
  • Gautier Steel

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    Gautier Steel is a niche manufacturer of hot rolled steel bar and specialty steel plate.

    • Status: Active
    • HQ Location: Pennsylvania
    • Industry: Precision Manufacturing
    • Fund: Private Credit Fund III
    • Deal Team: Tyson Smith, Jack Surma, and Carter Henderson
    • Investment Date: 07/11/2023
  • TiniFiber

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    Founded in 2010, TiniFiber is a specialty manufacturer of patented fiber optic cables and assemblies, providing customers improved durability, flexibility, and cost savings during installation

    • Status: Active
    • HQ Location: New York
    • Industry: Business Services
    • Fund: Junior Capital Fund III
    • Deal Team: Tyson Smith, Jack Surma, and Dominic Noel
    • Investment Date: 09/13/2022
  • Keystone Foam

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    Founded in 1983, Keystone Foam fabricates various foam products and applications that serve the medical, packaging, furniture, bedding, and other industries. Keystone specializes in customized foam solutions using conventional polyurethane, polyethylene, viscoelastic foams, latex, and other components.

    • Status: Active
    • HQ Location: Pennsylvania
    • Industry: Precision Manufacturing
    • Fund: Junior Capital Fund III
    • Deal Team: Matt Harnett, Dave Bonvenuto, Paul Oris, and Carter Henderson
    • Investment Date: 08/26/2022
  • VfD Technologies

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    VfD is a technology intensive manufacturer enabling the world's leading companies to bring their products and services to market. The Company focuses on precision machining applications across medical, automation, transit, and aerospace end markets.

    • Status: Exited
    • HQ Location: Pennsylvania
    • Industry: Precision Manufacturing
    • Fund: Junior Capital Fund II
    • Deal Team: Stephen J. Gurgovits, Jr. and Ian Frazier
    • Investment Date: 08/11/2020
  • F&S Tool

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    F&S Tool is a leading manufacturer of close-tolerance mold tooling for the plastic injection molding industry. The Company specializes in high-complexity, high-cavitation applications for consumer and medical packaging applications.

    • Status: Exited
    • HQ Location: Pennsylvania
    • Industry: Precision Manufacturing
    • Fund: Junior Capital Fund II
    • Deal Team: Stephen Grugovits, Jr., David Bonvenuto, and Zac Forsyth
    • Investment Date: 07/28/2020
  • BICO Steel

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    BICO Steel is a highly-specialized processor of heavy carbon steel plate and forged specialty alloy steel used primarily in the production of quality-critical, high-performance products used in the molding, process equipment, stamping, and capital equipment industries. BICO’s customers serve a diverse group of end markets including aerospace, automotive, canning, paper conversion, consumer goods, building products, and oil and gas, amongst others.

    • Status: Active
    • HQ Location: Ohio
    • Industry: Precision Manufacturing
    • Fund: Junior Capital Fund II
    • Deal Team: Matt Harnett, Jack Surma, and Carter Henderson
    • Investment Date: 08/31/2018
  • Allegheny Performance Plastics, LLC

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    Allegheny Performance Plastics (“APP”) is a manufacturer and distributor of plastic products, focusing on the injection molding of highly engineered components with high performance polymers and demanding specifications.

    • Status: Exited
    • HQ Location: Pennsylvania
    • Industry: Precision Manufacturing
    • Fund: Junior Capital Fund I
    • Deal Team: Tyson Smith, Husnain Safdar, and Ian Frazier
    • Investment Date: 03/31/2016
  • Red Head Brass

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    Red Head Brass is the largest manufacturer of couplings and fittings for the firefighting market in the United States. The Company’s products are used in critical, life-saving applications such as firefighting hoses, firefighting trucks, and fire hydrants. Red Head Brass products are also utilized in several industrial and oil and gas applications including water transportation to and from hydraulic fracturing wells and “big water” applications such as nuclear power plant and refinery fire suppression and emergency water distribution. Red Head Brass's end markets also include the industrial, agricultural, and oil & gas industries, with all products proudly Made In USA.

    • Status: Exited
    • HQ Location: Ohio
    • Industry: Precision Manufacturing
    • Fund: Junior Capital Fund I
    • Deal Team: Tyson Smith and Husnain Safdar
    • Investment Date: 11/20/2015
  • Heat Seal

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    Heat Seal is the market leading manufacturer of short-run overwrapping equipment (i.e. machines that wrap and seal fresh food items (e.g. meats, fish, produce, etc.) in plastic film sold in the supermarkets and other food outlets). Heat Seal also manufactures certain other niche wrapping equipment used in a variety of industrial applications.

    • Status: Exited
    • HQ Location: Ohio
    • Industry: Precision Manufacturing
    • Fund: Junior Capital Fund I
    • Deal Team: Matt Harnett and Sean Edmonson
    • Investment Date: 09/02/2015
  • Auburn Gear

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    Auburn Gear is a leading designer and manufacturer of custom engineered hydraulic and electric planetary wheel drives, axle drives, and specialty drives for a broad range of mobile-equipment OEM customers. The Company’s custom engineered, high-performance products are designed to transfer power and torque to wheels, axles, booms, augers and winches.

    • Status: Exited
    • HQ Location: Indiana
    • Industry: Precision Manufacturing
    • Fund: Junior Capital Fund I
    • Deal Team: Stephen J. Gurgovits, Jr. and Husnain Safdar
    • Investment Date: 09/08/2014
  • Thermal Product Solutions

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    Thermal Product Solutions ("TPS") designs and manufactures standard and custom environmental test chambers, industrial ovens and industrial furnaces for blue chip customers in various end markets. The Company’s equipment is built for applications such as component testing, quality assurance, curing and sterilization.

    • Status: Exited
    • HQ Location: Pennsylvania
    • Industry: Precision Manufacturing
    • Fund: Junior Capital Fund I
    • Deal Team: Tyson Smith and Ian Frazier
    • Investment Date: 08/25/2014
  • Viking Plastics, Inc.

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    Viking Plastics is a manufacturer, through an injection molding process, of charge port caps and other plastic components for the under-the-hood automotive market and industrial and commercial HVAC applications.

    • Status: Exited
    • HQ Location: Pennsylvania
    • Industry: Precision Manufacturing
    • Fund: Legacy Fund
    • Deal Team: Stephen J. Gurgovits, Jr., Matt Harnett, and Tyson Smith
    • Investment Date: 08/01/2006

Case Studies

Burrell | Reagents

Burrell Scientific, LLC manufactures and distributes laboratory equipment and supplies. Reagents, LLC is located in Charlotte, NC and has been blending, packaging, and distributing custom laboratory solutions for over 40 years.

Uncle Charley's

Uncle Charley’s Sausage Company (“UCSC”) is a Western Pennsylvania based pork sausage producer with a strong market share in the Greater Pittsburgh Region.

Hometown Hospice

Hometown is a provider of hospice and home-care services to skilled nursing facilities, assisted living facilities, and residents in the greater Milwaukee area.​