Peninsula Capital Invests in American Alloy; Sells Pro-Vac to RLJ Equity Partners

February 4, 2019

Detroit-based Peninsula Capital Partners (via Peninsula Fund VI LP) acquired a majority interest in Spokane Valley precision parts manufacturer American Alloy from its founder (who remains CEO). At the same time Peninsula sold its interest in Seattle-based hydro-excavation provider Pro‑Vac to RLJ Equity Partners; terms of both transactions were not disclosed.

Buyers
Peninsula Capital Partners (Peninsula Fund VI LP), RLJ Equity Partners
Targets
American Alloy, Pro-Vac
Sellers
Founder and CEO of American Alloy, Peninsula Capital Partners
Industry
Manufacturing
Location
Washington, United States
Transaction Type
Buyout

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