Granite Creek and Equivu Acquire Majority Stake in C&C Manufacturing
September 24, 2021
Chicago-based Granite Creek Capital Partners partnered with Equivu Capital (the investment arm of Salvatore Calvino) to acquire a majority stake in C&C Manufacturing (formerly Al-jon Manufacturing). Equivu's Salvatore Calvino was named CEO and the investment will provide working capital to grow the company's workforce, expand parts and services, and capitalize on demand across scrap recycling, waste management, and airport maintenance markets.
- Buyers
- Granite Creek Capital Partners, L.L.C., Equivu Capital, LLC (investment arm of Salvatore Calvino)
- Targets
- C&C Manufacturing, LLC (formerly Al-jon Manufacturing)
- Industry
- Manufacturing
- Location
- Iowa, United States
- Transaction Type
- Buyout
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