EBSCO Capital Acquires Bailey International from Pfingsten Partners

Bailey International (backed by EBSCO Capital) Acquires Hydrolico International

June 10, 2022

Manufacturing

EBSCO Capital announced the acquisition of Hydrolico International Inc. on behalf of its portfolio company Bailey International. The Quebec-based manufacturer and distributor of hydraulic components will expand Bailey’s North American footprint (facilities in Montreal and Walker, Michigan), broaden its product portfolio and add electro-hydraulic capabilities.

Bailey International Acquires Industrial Electronic Controls (IEC)

April 11, 2023

Manufacturing

Bailey International, backed by EBSCO Capital, has acquired Industrial Electronic Controls (IEC) to expand its electronics product portfolio and engineering capabilities in electronic throttles, displays, and sensors. The deal strengthens Bailey’s ability to serve OEM customers across agriculture, construction, forestry and transportation with more integrated mobile and industrial electronic control solutions.

Saothair Capital Partners Acquires Majority Stake in T BAILEY

December 20, 2024

Manufacturing

Saothair Capital Partners has acquired a majority equity stake in T BAILEY, LLC, a vertically integrated manufacturer of above-ground industrial tanks, pressure vessels, marine pontoons and other large custom steel solutions based in Anacortes, Washington. Founder and CEO Gene Tanaka will remain in a meaningful ownership position and continue to lead the business; financing was provided by Polen Capital and legal/financial advisors included McGuireWoods, Holland & Hart and TM Capital.

New Water Capital Acquires Bulk Lift International and Bagwell Supply

November 1, 2022

Manufacturing

Private equity firm New Water Capital completed acquisitions of Bulk Lift International LLC and Bagwell Supply Ltd., combining two North American designers, manufacturers and distributors of flexible intermediate bulk containers (FIBCs) and complementary packaging products. The transactions expand the combined company's manufacturing and distribution footprint across the United States, Canada and Mexico and mark additional platform/add-on activity for New Water Capital Fund II.

Keystone Capital Invests in Baily International

October 27, 2023

Food & Beverage

Keystone Capital Management, L.P. has entered an investment partnership with Baily International, a Granite City, Illinois-based producer of Asian appetizer products. Keystone will partner with CEO Steve Cameron (who remains in place) to support growth and pursue add-on acquisition opportunities; terms were not disclosed and senior debt was provided by CIBC Bank USA and Siemens Financial Services.

Pfingsten Partners Acquires Fairbank Equipment Inc.

January 6, 2022

Agriculture

Pfingsten Partners, a Chicago-based private equity firm, has acquired Fairbank Equipment, Inc. from Great Range Capital. TM Capital served as exclusive advisor to the seller; Great Range Capital had owned Fairbank since December 2012 and supported its expansion into fertilizer and propane markets.