First Capital Partners Invests in BTM Company

Midwest Growth Partners and Summit Equity Group Acquire Manitowoc Tool & Machining

December 15, 2022

Manufacturing

Midwest Growth Partners and Summit Equity Group, with mezzanine financing from NewSpring Mezzanine and a management rollover, completed an acquisition of Manitowoc Tool & Machining (MTM). The transaction positions MTM — a precision, production-oriented contract manufacturer serving OEM customers across agriculture, HVAC, aerospace & defense, medical and logistics/e-commerce — for continued growth and expanded capabilities under sponsor ownership.

TJM Capital Partners Acquires Midwest Automation LLC

November 22, 2021

Manufacturing

TJM Capital Partners, a Chicago-based private equity firm, has acquired Midwest Automation LLC, a family-owned U.S. manufacturer of industrial machinery for metal deburring, edge rounding and surface finishing. Kenny Holley, the past president and owner, exited the business and Micah Coleman (CEO of Timesavers LLC and Dubois Equipment Co.) will serve as incoming CEO as TJM looks to expand Midwest Automation's capabilities and grow the business.

BDT Capital Partners Takes Significant Stake in ProMach; Leonard Green Reinvests

May 3, 2023

Manufacturing

Funds managed by BDT Capital Partners have entered into a definitive agreement to acquire a significant stake in ProMach alongside existing majority owner Leonard Green & Partners, which will invest new capital. The transaction (terms undisclosed) is expected to close in the second half of 2023 and supports ProMach's continued growth in processing and packaging machinery and systems integration.

First Capital Partners and Willis & Smith Capital Recapitalize TPE Midstream

April 20, 2021

Industrial Services

First Capital Partners provided mezzanine debt and equity to support a majority recapitalization of TPE Midstream, LLC in partnership with Willis & Smith Capital and TPE founders Doug Sahm and Brad Sando. TPE, based in Tulsa, Oklahoma, manufactures, sells and rents the ZEVAC zero-emission vacuum and compressor equipment used by large utilities and pipeline operators to mitigate methane emissions.

First Capital Partners Invests in Computer Wholesalers, Inc.

April 9, 2020

IT Services

First Capital Partners provided mezzanine debt and equity to support a majority recapitalization of Computer Wholesalers, Inc. (CWI) in partnership with founder and CEO Ivan Somyk and existing investor Palladian Capital Partners. CWI, headquartered in Hackettstown, New Jersey, is an IT asset disposition (ITAD) company with processing and distribution centers in Hackettstown, NJ, Atlanta, GA, and Phoenix, AZ that audits, securely wipes, grades and resells used enterprise IT equipment worldwide.

Burlington Capital Partners Acquires Martin Pallet

March 2, 2023

Manufacturing

Burlington Capital Partners (BCP) has acquired Martin Pallet Inc., a Massillon, Ohio-based manufacturer and refurbisher of specialty wood pallets and crates. The transaction was completed with subordinated debt and an equity co-investment from Farragut Capital Partners and in partnership with Martin Pallet's management; the investment will provide liquidity to the owners and capital to pursue growth initiatives and add-on acquisitions.