Strength Capital Partners Invests in CALco Pallet Company

48forty Solutions Acquires CALco Pallets

August 25, 2022

Logistics & Distribution

48forty Solutions, a portfolio company of Audax Private Equity and Summit Partners, has acquired CALco Pallets from Strength Capital Partners. The add-on expands 48forty's footprint in the northern Midwest, adding CALco's manufacturing, recycling and mulch-production capabilities and nearly 300 employees across facilities in Illinois and Wisconsin.

Strength Capital Partners Invests in RW Specialties

January 31, 2020

Building Products

Strength Capital Partners has made a growth equity investment in RW Specialties, a family-owned wholesale distributor of specialty building products in the Mountain West. Financing partners for the transaction included KeyBank, Northcreek Mezzanine and Midwest Mezzanine; the Pott family will retain an ownership stake and the existing management team will remain in place as Strength supports geographic expansion and new product/channel initiatives.

Strength Capital Partners Acquires Western States Reclamation

March 23, 2022

Environmental Services

Strength Capital Partners has invested in and acquired Western States Reclamation, a Frederick, Colorado-based environmental and specialty civil contracting company. Midwest Mezzanine and Northcreek Mezzanine provided subordinated debt and equity to support the transaction and First Merchants Bank participated as a financing partner; Strength plans to pursue a buy-and-build strategy to grow the business.

Alinda Capital Partners and USS Acquire PECO Pallet, Inc.

October 5, 2020

Logistics & Distribution

Investment funds managed by Alinda Capital Partners and the Universities Superannuation Scheme have agreed to acquire PECO Pallet, Inc., a leading North American provider of pooled rental pallets. PECO operates a network of more than 80 facilities and manages roughly 21 million pallets across the United States and Canada, providing recurring, asset-backed logistics services.

Midwest Growth Partners Acquires Incorp Holdings

December 18, 2020

Industrial Services

Midwest Growth Partners led a transaction to acquire Incorp Holdings, LLC, with subordinated debt and equity provided by NewSpring Mezzanine (NewSpring Capital), Parkway Capital (Calvert Street), Lowe Capital, Spring Capital, Pete Vrettakos, and Incorp's senior management team. Incorp, an Evansville, Indiana-based specialty contractor providing insulation, scaffolding and multi-craft industrial services, will use the proceeds to expand service lines and geographic coverage to support organic and acquisitive growth.

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.