Midwest Growth Partners Sells Inland Coatings to Confidential Strategic Buyer

Midwest Growth Partners Acquires Incorp Holdings

December 18, 2020

Industrial Services

Midwest Growth Partners led a transaction to acquire Incorp Holdings, LLC, with subordinated debt and equity provided by NewSpring Mezzanine (NewSpring Capital), Parkway Capital (Calvert Street), Lowe Capital, Spring Capital, Pete Vrettakos, and Incorp's senior management team. Incorp, an Evansville, Indiana-based specialty contractor providing insulation, scaffolding and multi-craft industrial services, will use the proceeds to expand service lines and geographic coverage to support organic and acquisitive growth.

Patrick Industries Acquires Inland Plywood Company

August 3, 2020

Building Products

Patrick Industries, Inc. has acquired Inland Plywood Company, a family-owned supplier, laminator, and wholesale distributor of plywood and specialty panels headquartered in Pontiac, Michigan. The acquisition expands Patrick's building-products and distribution capabilities in the marine, RV, and industrial markets and will support Inland's growth and broader geographic reach.

Westcap-Led Syndicate Invests in Inland Steel Products Inc.

January 9, 2025

Environmental Services

Westcap Mgt. Ltd., through a syndicate of Westcap-managed funds including Westcap MBO III Investment LP and Golden Opportunities Fund Inc., completed a growth investment in Inland Steel Products Inc., a family-owned metal recycler headquartered in Saskatoon, Saskatchewan. The capital will accelerate Inland Steel’s expansion plans across Western Canada while enabling the family to remain involved in the business.

Painters USA Acquires Lakeside Painting

September 16, 2024

Industrial Services

Painters USA has acquired Lakeside Painting to expand its commercial and industrial painting, floor coating and industrial cleaning capabilities in Wisconsin. The deal brings Lakeside Painting's regional team and experience into Painters USA's national platform, with Lakeside owner Joe Pangburn endorsing the move as an opportunity to better serve clients and pursue larger projects.

Painters Supply & Equipment Co. Acquires Interbay Coatings, Inc.

December 18, 2023

Industrial Services

Painters Supply & Equipment Co. (PSE), a Michigan-based paint and coatings distributor, has acquired Interbay Coatings, Inc., a specialty coatings distributor headquartered in Tampa, Florida. The acquisition expands PSE's specialty coatings capabilities and adds a regional presence in the heavy marine and industrial coatings end-markets.

U-C Coatings (High Road Capital Partners portfolio company) Acquires Eco Chemical

November 2, 2019

Manufacturing

U-C Coatings, a portfolio company of High Road Capital Partners, acquired the assets of Eco Chemical, Inc., a Seattle-based maker of waterborne wood stains and industrial coatings; the deal closed on September 9, 2019. The acquisition expands U-C Coatings' product offerings into the pressure-treated lumber channel, deepens its presence on the U.S. West Coast, and was financed with support from Madison Capital; Eco Chemical founders also reinvested alongside High Road.