High Street Capital Invests in Adams Magnetic Products
October 20, 2023
Chicago-based private equity firm High Street Capital has acquired a controlling stake in Adams Magnetic Products, a custom manufacturer and distributor of permanent magnets and magnetic assemblies headquartered in Elmhurst, Illinois. The transaction is a recapitalization that brings growth capital and operational support while founder Scott Lewis and family retain a significant minority ownership and Lewis transitions to the company's board.
- Buyers
- High Street Capital
- Targets
- Adams Magnetic Products
- Sellers
- Scott Lewis and family
- Industry
- Manufacturing
- Location
- Illinois, United States
- Transaction Type
- Recapitalization
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