LongWater Opportunities Invests in Midland Garage Door

Midland Garage Door (LongWater Portfolio) Acquires Martin Door

August 5, 2024

Building Products

Midland Garage Door, a LongWater portfolio company, has acquired Martin Door, a Salt Lake City-based manufacturer of residential and commercial overhead garage doors. The add-on acquisition expands Midland's manufacturing capabilities and geographic footprint across the Mountain West, West Coast, and Southwest, aiming to deliver product and distribution synergies.

Sterling Foundation Fund Acquires OGD Overhead Garage Door

July 8, 2024

Industrial Services

The Sterling Foundation Fund, part of The Sterling Group, has completed the acquisition of founder-owned OGD Overhead Garage Door, a Fort Worth-based provider of overhead door and dock installation, repair and replacement services. Adams Street Partners provided senior debt financing and an equity co-investment to support the transaction; Bret Westbrook, OGD's founder and CEO, will continue with the business as Sterling looks to expand OGD's footprint across the U.S.

LongWater Opportunities Acquires Thermotec Glass

July 5, 2023

Building Products

LongWater Opportunities, a Dallas- and Fargo-based private equity firm, has acquired Thermotec Glass, a Georgetown, Texas-based fabricator of custom insulated and interior glass products. The deal is the first add-on to Glass Fab Holdings and LongWater portfolio company M3 Glass Technologies and is intended to expand product capabilities and grow wallet share with glaziers and installers across Central and South Texas; the seller was Thermotec's founder, Luis Najarro.

Gridiron Capital's GarageCo Acquires Quality Overhead Door

July 22, 2024

Construction

Gridiron Capital, through its GarageCo platform, has partnered with Quality Overhead Door, a family-owned garage door repair and replacement provider based in Toledo, Ohio. The transaction is GarageCo's fifth add-on partnership and expands the platform's footprint in the Midwest while supporting QOD's growth initiatives under new ownership.

LongWater Forms Cypress Rail Solutions to Acquire Northern Plains Rail Services' Maintenance Assets

October 2, 2024

Transportation

LongWater Opportunities partnered with industry executives Randy Meyer and Brian Trammell to form Cypress Rail Solutions, a new railcar services platform. Cypress completed its first acquisition of certain railcar maintenance assets (locations in North Dakota and Minnesota) from Northern Plains Rail Services and plans further expansion across additional geographic markets to build a significant railcar services platform.

Gridiron Capital's GarageCo Adds Cedar Park Overhead Doors

May 16, 2024

Building Products

Gridiron Capital, via its GarageCo platform, has partnered with Cedar Park Overhead Doors, a family-owned provider of residential and commercial garage door repair and replacement based in Cedar Park/Austin, Texas. The transaction is the fourth partnership for the GarageCo platform and expands the platform's footprint in the Southwest while leveraging Gridiron's operating expertise to accelerate growth.