StoneTree Investment Partners Acquires Reel Power International

Praesidian Capital Makes Strategic Equity Investment in Reel Power International

December 28, 2023

Manufacturing

Praesidian Capital, a private equity firm based in Oklahoma City, announced a strategic equity investment in Reel Power International, a manufacturer of capital equipment for material handling and control serving industrial, marine, and energy markets. The investment is intended to support Reel Power's growth initiatives and product development while partnering with management to expand the business.

Reel Power Industrial (Praesidian Portfolio) Acquires Novatec's Downstream Extrusion Equipment Product Line

September 11, 2024

Manufacturing

Reel Power Industrial, a portfolio company of Praesidian Capital, has acquired Novatec Inc.'s downstream extrusion line equipment product line, including pullers, cutters, saws, and cooling/vacuum tanks. The divestment allows Novatec to focus on core drying, conveying and moisture-control solutions while enabling Reel Power to offer a turnkey downstream automation package.

StoneTree Investment Partners Acquires Power Test

May 20, 2022

Manufacturing

StoneTree Investment Partners, a Dallas-based private investment firm, has acquired Power Test, LLC, a Sussex, Wisconsin manufacturer of dynamometers, heavy equipment testing systems, and related data acquisition and control systems. The investment is intended to support continued growth and operational improvements at Power Test, combining the company's product and customer-support capabilities with StoneTree's industrial operating expertise.

StoneTree Investment Partners Invests in Viking Engineering & Development

October 29, 2024

Manufacturing

StoneTree Investment Partners, a lower middle market industrials-focused private equity firm, has invested in Viking Engineering & Development, a Blaine, Minnesota-based manufacturer of automated assembly and fastening equipment for the pallet and bed frame industries. The investment will support Viking's growth and operational/technology initiatives; financial terms were not disclosed.

Seaside Equity Partners Invests in PayReel

September 26, 2022

Staffing & HR

Seaside Equity Partners has partnered with PayReel, a tech-enabled provider of HR compliance, worker classification, and payrolling solutions based in Golden, Colorado. Seaside will provide capital and strategic support to accelerate PayReel's technology development, broaden capabilities, and drive growth with enterprise clients.

Rockwood Equity Partners Invests in Energy Renewal Partners

June 5, 2024

Environmental Services

Rockwood Equity Partners has completed a growth investment in Austin-based Energy Renewal Partners (ERP), an energy consulting services firm led by CEO Trisha Elizondo. Rockwood will partner with ERP to scale the business through service expansion and geographic growth while Elizondo remains a significant shareholder and continues as CEO.