Salt Creek Capital Acquires Northrock Industries

Salt Creek Capital Acquires Pioneer Industrial Sales

December 5, 2023

Industrial Services

San Francisco Bay Area-based private equity firm Salt Creek Capital has acquired Pioneer Industrial Sales, a distributor of power transmission, MRO, material handling and packaging products. The founders Chris Price and Jerry Nowlin will transition leadership to incoming CEO Hank Pennington as Salt Creek works with management to expand the business and pursue growth opportunities across its customer base and product portfolio.

Salt Creek Capital Acquires American Anchor Bolt Mfg.

August 14, 2025

Manufacturing

Salt Creek Capital, a private investment firm based in Woodside, California, has acquired American Anchor Bolt Mfg., a Houston-based manufacturer of custom anchor bolts and embedded steel. Madison Street Capital acted as exclusive financial advisor; terms were not disclosed.

Salt Creek Capital Acquires Broco Rankin (Broco, Rankin Industries, Strong Welding Products)

January 25, 2023

Manufacturing

Salt Creek Capital, a Woodside, California-based private equity firm, has acquired Broco, Inc., Rankin Industries, Inc., and Strong Welding Products (collectively “Broco Rankin”), a manufacturer of underwater cutting and welding tools, tactical breaching products, hardfacing and protective metal alloys headquartered in Ontario, California. Sterling Peloso has been named CEO and the sellers are Richard "Rick" A. Ferry and Richard M. Ferry; Salt Creek intends to grow the business and expand its distribution and product reach.

Salt Creek Capital Acquires Diamond Nets, Inc.

November 15, 2022

Manufacturing

Salt Creek Capital, a San Francisco Bay Area private equity firm, has acquired Diamond Nets, Inc., a specialty netting manufacturer headquartered in Everson, Washington. The transaction represents an ownership transition from long-time owners Les Powers and John Neal to Salt Creek, which plans to grow the business under incoming CEO Chris Dunn.

Salt Creek Capital Makes Equity Investment in Essex Coatings + Finishing

January 12, 2022

Building Products

Salt Creek Capital made an equity investment in Essex Coatings + Finishing, a New Jersey-based finisher, wholesaler, and distributor of premium custom private-label hardwood flooring. Salt Creek placed two executive partners (CEO and CFO) into Essex's management team while founder Josh Feuer remains president and a substantial equity holder; the capital will be used to accelerate growth, expand distribution and product capabilities.

Salt Creek Capital Acquires All Metals Industries, Inc.

February 15, 2022

Industrial Services

Salt Creek Capital has acquired All Metals Industries, Inc. (AMI), a Belmont, New Hampshire-based distributor of carbon, aluminum, stainless and coated sheet/coil products serving customers across the Northeast U.S. Salt Creek is partnering with AMI management (CEO Heidi Paiva and President Paul Koza) and purchased the company from owner Terry W. Robinson, intending to build AMI as a platform for future growth and expansion.