Valesco Industries Acquires T-H Marine Supplies, Inc.

T-H Marine Acquires Heartland Global Services

September 1, 2021

Manufacturing

T-H Marine Supplies, LLC (a Valesco-backed platform) has acquired the assets of Heartland Global Services, LLC, a family-owned supplier of stainless-steel ladders, hardware, electronics and plastics for the recreational marine market. Heartland will operate as a standalone division in Angola, Indiana, with the existing Heartland management team (including Ryan Marshall as division president) remaining in place.

OneWater Marine Acquires T-H Marine for Approximately $185M

October 21, 2021

Manufacturing

OneWater Marine Inc. has entered into a definitive agreement to acquire T-H Marine, a leading provider of branded marine parts and accessories, for approximately $185 million. The acquisition, expected to close in Q4 2021, advances OneWater’s growth and diversification strategy by expanding its parts & accessories offering, and is expected to be immediately accretive to revenue, margins and EPS.

Valesco Industries and Brookside Capital Partners Complete Majority Recapitalization of Five Lakes Manufacturing

July 9, 2025

Manufacturing

Dallas-based private equity firm Valesco Industries completed a majority recapitalization of Five Lakes Manufacturing, a Clinton Township, Michigan manufacturer of interior commercial and architectural wood doors. Brookside Capital Partners provided subordinated debt and an equity co-investment alongside the selling shareholders, with Comerica Bank as senior lender; the transaction will support growth, new machinery investments and geographic expansion.

Valesco‑Led Recapitalization of TopDown, Inc.

March 7, 2022

Automotive

Valesco Industries led a majority recapitalization of TopDown, Inc., partnering with co-investors Tecum Capital, Brookside Capital Partners, Patriot Capital, a Valesco limited partner and members of TopDown management. River Associates Investments sold its stake; financial terms were not disclosed. The capital aims to accelerate TopDown's digital/ecommerce strategy, expand product lines and fund strategic add-on acquisitions to grow the automotive aftermarket platform.

Valesco Industries Acquires AAA Distributor, Inc.

June 17, 2021

Building Products

Valesco Industries completed a majority buyout and control recapitalization of AAA Distributor, Inc., a Philadelphia-based distributor, wholesaler and retailer of kitchen, bath and flooring products. Brookside Capital Partners and AAA management co-invested (Brookside providing subordinated debt and equity) to support AAA's growth in Philadelphia and expansion into new U.S. markets.

T-H Marine (OneWater Marine) Acquires YakGear, Inc.

March 4, 2022

Consumer Products

T-H Marine Supplies, a division of OneWater Marine, has acquired YakGear, Inc., a Houston-based supplier of kayak equipment, paddle-sport accessories, and boat mounting products. YakGear will operate as a standalone division out of its Houston facility and the acquisition expands T-H Marine's aftermarket marine product offerings and reach into paddle-sports channels.