Graycliff Partners Recapitalizes PumpMan

Graycliff Partners Provides Subordinated Debt and Minority Equity to Palmetto Moon

February 3, 2026

Retail

Graycliff Partners LP completed a subordinated debt investment and minority equity investment in Palmetto Moon, LLC, a Charleston-based specialty retailer operating 51 stores across the Southeastern United States. Proceeds will fund a distribution to shareholders and general corporate purposes; Palmetto Moon remains a portfolio company of Topspin Consumer Partners.

Harrington (Bain Portfolio) Acquires PumpMan from Soundcore Capital Partners

December 4, 2023

Industrial Services

Harrington Industrial Plastics, a portfolio company of Bain Capital Private Equity, has acquired PumpMan Holdings, LLC from Soundcore Capital Partners. PumpMan is a provider of onsite maintenance, repair, replacement and pump sales for commercial, industrial and municipal water and wastewater systems; the deal adds national pump service capabilities to Harrington's flow-control distribution platform.

PumpMan Acquires Flo-Systems, Inc. to Expand St. Louis Metro Coverage

September 28, 2023

Industrial Services

PumpMan has acquired Flo-Systems, Inc., a Troy, Illinois-based provider of pump sales, service and repair for water and wastewater systems, to establish a presence in the St. Louis / Southern Illinois market. Flo-Systems will continue to operate from its Troy facility with its current staff and founder Tom Caraker, Jr. remaining as General Manager while PumpMan invests in facilities, equipment and human resources to support growth.

PumpMan Holdings LLC Acquires Colorado Water Well

April 26, 2023

Industrial Services

PumpMan Holdings LLC, a national pump service operator based in Saddle Brook, New Jersey, has acquired Colorado Water Well, a Denver-area pump and well service company founded in 1965. The sellers, Ted Kuettel and Tom Dea, will remain with the business to oversee daily operations as PumpMan continues its roll-up strategy to build a national water and wastewater pump services platform.

PumpMan Acquires Ransom Pump & Supply in Ramona, California

August 9, 2022

HVAC & Mechanical

PumpMan Holdings LLC announced the acquisition of Ransom Pump & Supply, a Ramona, California-based provider of well and pump system design, sales, service and repair. The acquisition expands PumpMan's Southern California footprint and service capabilities while Ransom will continue operating from its Ramona facility with its current staff.

Graycliff Partners Recapitalizes CHawk Technology International

October 5, 2021

Manufacturing

Graycliff Partners LP completed an equity investment and recapitalization of CHawk Technology International, a Hayward, California-based manufacturer of precision plastic and metal components and assemblies serving the semiconductor capital equipment, aerospace, and medical device industries. Graycliff will combine CHawk with its prior acquisition, Gold Tech Industries, to form a platform for continued growth in semicap and complementary end markets.