Pillsman Partners, Banyan Investment Partners and Pine Street Capital Recapitalize SST Conveyor
December 22, 2014
Pillsman Partners, Banyan Investment Partners and Pine Street Capital Partners have completed a recapitalization investment in SST Conveyor, the conveyor components division of SST Bearings (Loveland, Ohio). SST Bearings and its shareholders retain a significant ownership stake and will continue operational oversight; the investment is intended to fund growth initiatives and improve service to the company’s material-handling and distribution customers.
- Targets
- SST Conveyor
- Sellers
- SST Bearings, Inc. and its shareholders
- Industry
- Manufacturing
- Location
- Ohio, United States
- Transaction Type
- Recapitalization
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