High Street Capital and Wells Fargo Strategic Capital Recapitalize Tramec LLC

Tramec (High Street Capital Portfolio Company) Acquires CS Automation

June 28, 2023

Manufacturing

Tramec, a portfolio company of High Street Capital with support from Wells Fargo Strategic Capital, has acquired CS Automation, an Ontario, New York-based designer and manufacturer of pneumatic automation, motion controls, and machine framing and safeguarding. The deal is an add-on intended to expand Tramec's presence in the industrial automation sector, strengthen heavy-duty capabilities, open new sales channels for Tramec Sloan products, and realize operational synergies.

High Street Capital (with Wells Fargo Strategic Capital) Acquires Knight Material Technologies

December 9, 2021

Manufacturing

High Street Capital, alongside Wells Fargo Strategic Capital, has acquired Knight Material Technologies (formerly Koch Knight), a Koch Engineered Solutions subsidiary. The PE firm plans to invest in KMT's technology, innovation and infrastructure while retaining the current management team to expand manufacturing capacity and grow market share.

High Street Capital Completes Majority Recapitalization of AHI Supply

December 1, 2024

Building Products

High Street Capital completed a majority recapitalization of AHI Supply (AHI Supply Holdings, LLC), with participation from Wells Fargo Strategic Capital and AHI's current owners and management. AHI, a Texas-based manufacturer and distributor of masonry and construction products headquartered in Alvin, Texas, will retain its management team and receive growth capital and strategic support following the founder transition.

Tramec Sloan Acquires Penz Products, Inc.

January 4, 2022

Manufacturing

Tramec (a portfolio company of High Street Capital with support from Wells Fargo Strategic Capital) has acquired Penz Products, Inc., a designer and manufacturer of vent doors, fenders, and trailer landing gear components. Penz will be integrated into Tramec Sloan, expanding Tramec Sloan's manufacturing capabilities in metal forming, robotic welding, thermoforming and urethane foaming to better serve heavy-duty trailer OEM and aftermarket customers.

Tramec Acquires Johnson Welded Products

March 5, 2024

Manufacturing

Tramec, a portfolio company backed by High Street Capital and Wells Fargo Strategic Capital, has acquired Johnson Welded Products (JWP), a longtime manufacturer of steel and aluminum air reservoirs and related tanks based in Urbana, Ohio. The acquisition is Tramec's fourth add-on since its management-led recapitalization in 2021 and is intended to broaden Tramec's commercial vehicle product offering, enable cross-selling, and drive operational improvements and capacity growth at JWP's Urbana facility.

Main Street Capital Participates in $41.4M Minority Recapitalization of Connect Telecommunications Solutions

October 16, 2024

Telecommunications

Main Street Capital Corporation provided $41.4 million in a debt and equity investment to support a minority recapitalization of Connect Telecommunications Solutions Inc., a Kitchener, Ontario-based value-added distributor of fiber management solutions. Main Street and an unnamed co-investor partnered with the company’s founders to complete the transaction, enabling liquidity and capital to support the business.