Industrial Opportunity Partners Recapitalizes Brewster Home Fashions and Fine Decor

Industrial Opportunity Partners Acquires N.B. Handy Company

May 17, 2022

Building Products

Industrial Opportunity Partners (IOP) has acquired N.B. Handy Company, a 130-year-old building products distributor headquartered in Lynchburg, Virginia. Terms were not disclosed; N.B. Handy will continue to be led by President & CEO Rosana Chaidez and will be supported by IOP to drive operational improvements and growth across its 21 locations in six states.

Industrial Opportunity Partners Acquires United Poly Systems

June 11, 2019

Manufacturing

Industrial Opportunity Partners (IOP), an Evanston, Illinois-based private equity firm, has acquired United Poly Systems LLC, a manufacturer of made-to-order HDPE pressure and duct/conduit pipe headquartered in Springfield, Missouri. IOP is partnering with the company's founders and management team to expand production capacity and product offerings; terms were not disclosed.

Industrial Opportunity Partners Recapitalizes Charcuterie Artisans

September 9, 2025

Food & Beverage

Industrial Opportunity Partners (IOP) led a recapitalization of Charcuterie Artisans, the parent of Creminelli Fine Meats and Del Duca, acquiring the company’s assets and assuming majority ownership alongside capital partners Oaktree Capital Management, Sandton Capital Partners and Contrarian Capital Management. The transaction eliminated approximately $200 million of debt, secured a new working capital facility from PNC Business Credit, and positions Charcuterie to expand capabilities, strengthen customer partnerships and invest in growth across its premium charcuterie portfolio. Jeff "Trip" Tripician was appointed CEO to lead the company’s next phase.

Industrial Opportunity Partners Acquires Midwest Paper

January 8, 2020

Manufacturing

Industrial Opportunity Partners (IOP), an operations-focused private equity firm based in Evanston, Illinois, has acquired Midwest Recycled and Coated Containerboard Mill, LLC ("Midwest Paper"), a paper mill headquartered in Combined Locks, Wisconsin. Terms were not disclosed; the transaction is IOP’s fourth platform investment from its third fund and was financed with senior debt from JP Morgan Chase Bank and Chemical Bank and subordinated debt from Yukon Partners.

Industrial Opportunity Partners Acquires PolyVision from Steelcase

February 24, 2020

Building Products

Industrial Opportunity Partners (IOP), an Evanston, Illinois-based private equity firm, acquired PolyVision Corporation — formerly a subsidiary of Steelcase — in a carve-out transaction; terms were not disclosed. PolyVision, headquartered in Johns Creek, Georgia, manufactures CeramicSteel writing surfaces and architectural cladding for education, healthcare, commercial office and transit end-markets; IOP said it will partner with existing management (Peter Lewchanin to remain CEO) to grow the business.

Industrial Opportunity Partners Acquires Raven Engineered Films Division from CNH Industrial

April 29, 2022

Manufacturing

Industrial Opportunity Partners (IOP) has acquired the Raven Engineered Films Division from CNH Industrial for $350 million. The Sioux Falls-based business, a manufacturer of engineered polymer films and sheeting for agriculture, construction and industrial markets, will operate as IOP's first platform investment from Fund IV with management continuing to lead the company.