Brookside Mezzanine Partners Invests in Worldwide Electric Corporation LLC

AEA Investors Acquires WorldWide Electric Corporation

October 4, 2022

Industrial Services

AEA Investors' Small Business Private Equity team has closed the acquisition of WWE Holdings, LLC (WorldWide Electric Corporation) from Graycliff Partners LP, with rollover investment from management and employees. Headquartered in Rochester, New York, WorldWide Electric is a distributor and manufacturer of electric motors, gear reducers and motor controls; AEA plans to invest behind the company's differentiated, value-added industrial distribution model.

WorldWide Electric Corporation Acquires Louis Allis

March 6, 2020

Manufacturing

WorldWide Electric Corporation has acquired Louis Allis, a specialty electric motor manufacturer based outside Birmingham, Alabama, in a transaction led by advisor Business Acquisition & Merger Associates (BAMA). The deal adds Louis Allis's high-horsepower specialty motor manufacturing and large-format service capabilities to WorldWide's platform (a portfolio company of Graycliff Partners), expanding the combined company's turnkey industrial motor offering.

Brookside Capital Partners Recapitalizes Lynn Electronics, LLC

April 14, 2021

Telecommunications

Brookside Capital Partners provided senior debt and an equity co-investment to recapitalize Lynn Electronics, LLC, a portfolio company of NewSpring Mezzanine Capital. Lynn is an assembler and distributor of fiber-optic and copper cabling and connectivity components for data centers and wired/wireless communications.

Corridor Capital Leads Recapitalization of World Wide Land Transfer

April 15, 2021

Real Estate

Corridor Capital has led an investment and recapitalization of World Wide Land Transfer (WWLT), partnering with company management. Everside Capital Partners and Southfield Mezzanine Capital provided subordinated debt and equity financing in support of the transaction; WWLT's founder Marc (Marc/Mark) Shaw remains CEO and a material owner as the company pursues geographic expansion, strategic M&A and technology improvements.

Brookside Capital Partners Invests in American Equipment Solutions to Support AES Add-on

July 24, 2023

Industrial Services

Brookside Capital Partners provided subordinated debt and an equity co-investment in American Equipment Solutions (AES) to support an add-on acquisition by AES, an existing Rotunda Capital Partners portfolio company. AES, headquartered in Salt Lake City, Utah, is a leading provider of overhead crane/hoist, weighing and measurement solutions with more than 60 locations serving over 8,000 customers across the United States.

Graycliff Partners Acquires Electro-Mechanical Corporation

September 22, 2021

Manufacturing

Graycliff Partners LP has completed the acquisition of Electro-Mechanical Corporation (EMC), a Bristol, Virginia-based manufacturer of medium-voltage switchgear, transformers and custom power systems. EMC, a family-owned business since 1958 that sells to utilities, renewable generators, mining and industrial customers, will operate with Graycliff’s support to accelerate growth while preserving the company’s legacy.