Tecum, Valley Ridge, Petra and Centerfield Invest in Keystone Foam

Mill Rock Packaging Acquires Keystone Paper & Box Company

February 13, 2023

Packaging

Mill Rock Packaging Partners LLC, a specialty packaging platform backed by Mill Rock Capital, has acquired Keystone Paper & Box Company, a custom folding carton manufacturer based in South Windsor, Connecticut. Keystone's management has made a significant investment in the platform and will remain in place; the deal expands Mill Rock Packaging's footprint to the Eastern U.S. and builds the platform's national specialty packaging capabilities. Terms were not disclosed.

Vance Street Capital Partners with Keltec Technolab

March 28, 2024

Industrial Services

Los Angeles-based private equity firm Vance Street Capital has partnered with Keltec Technolab Inc., a Twinsburg, Ohio manufacturer of aftermarket compressed-air filtration components, to support the company's next phase of growth. The Kaiser family is retaining a significant ownership stake and will continue to lead Keltec; debt financing was provided by Apogem Capital and terms were not disclosed.

Tecum Capital Leads Strategic Investment in The Lewis Group

September 29, 2023

Environmental Services

Tecum Capital, alongside Glen Oaks Capital, Five Points Capital and SharpVue Capital, has made a strategic capital investment in The Lewis Group, a provider of environmental remediation, emergency response and property/industrial maintenance services. CEO Rick Lewis remains the company’s largest shareholder and management will continue to run the business; the capital will support organic growth, geographic expansion and selected add-on acquisitions.

Tecum Equity Invests in Kadon Precision and Aerospace

October 21, 2024

Manufacturing

Tecum Equity has made an investment in Kadon Precision and Aerospace, a Rockford, Illinois-based precision machining and contract manufacturing company, with Kadon CEO Justin Franklin remaining in place. The deal includes senior debt from First Financial Bank and mezzanine/equity co-investment from UMB Capital Corporation and LongWater Capital Solutions; Tecum intends to support Kadon's growth through capability investments and add-on acquisitions.

Tecum Capital, Provariant and Centerfield Support Recapitalization of Midwest Equipment Sales

April 27, 2020

E-Commerce

Tecum Capital Partners joined Provariant Equity Partners, Centerfield Capital, and MWE founder/CEO James Cline Jr. in a recapitalization of Midwest Equipment Sales (MWE), a Columbus-based technology-enabled specialty distributor of outdoor power products and aftermarket parts. The investment provides capital and organizational support to fund MWE's next phase of growth while keeping founder James Cline Jr. in place as CEO.

Argonne Capital Group Acquires Keystone Fireworks

September 11, 2023

Retail

Argonne Capital Group has acquired Keystone Fireworks, a Pennsylvania-based retailer that designs, imports and sells proprietary consumer fireworks through licensed stores. Alignment Credit acted as sole lead arranger and administrative agent for a senior secured credit facility to support the buyout and enable the company's future growth under Argonne's ownership.