Vance Street Capital Acquires Stake in System Seals

System Seals Acquires Plastoseal Produktions GmbH

August 24, 2021

Manufacturing

Cleveland-based System Seals Inc. has acquired Plastoseal Produktions GmbH, an Austrian manufacturer of engineered seals and plastic components, to expand its presence in Europe and broaden its GlobalOne supply-chain program. Plastoseal’s founder Wolfgang Kerschbaumer will remain as managing director as the companies integrate product ranges and R&D capabilities.

Vance Street Capital Acquires Excel Scientific

January 12, 2021

Medical Devices

Los Angeles-based private equity firm Vance Street Capital acquired Excel Scientific, a Victorville, California manufacturer of microplate sealing films and foils used by life science, biotech, pharmaceutical and diagnostic laboratories. Founder Bambi Lyn Cahilly retains an ownership stake; terms were not disclosed and Vance Street plans to invest in growth and product innovation across life-science end markets.

Vance Street Capital Partners with Keltec Technolab

March 28, 2024

Industrial Services

Los Angeles-based private equity firm Vance Street Capital has partnered with Keltec Technolab Inc., a Twinsburg, Ohio manufacturer of aftermarket compressed-air filtration components, to support the company's next phase of growth. The Kaiser family is retaining a significant ownership stake and will continue to lead Keltec; debt financing was provided by Apogem Capital and terms were not disclosed.

Vance Street Capital Acquires Pro-Vision

September 26, 2024

Manufacturing

Los Angeles-based private equity firm Vance Street Capital has acquired Pro-Vision, a Grand Rapids, Michigan provider of mobile video hardware, installation services, and a Video-as-a-Service (VaaS) platform for commercial fleets, K-12 transit and public safety customers. The transaction is Vance Street’s first platform investment out of Vance Street Capital IV and will fund product development, commercial expansion and potential M&A; terms were not disclosed and debt financing was provided by Barings.

Vance Street Capital Acquires Fumex Air Filtration Systems

December 17, 2024

Manufacturing

Los Angeles-based private equity firm Vance Street Capital has partnered with Fumex Air Filtration Systems, a Kennesaw, Georgia-based designer and manufacturer of industrial fume extraction and air filtration solutions. Fumex CEO Kevin East is reinvesting and will remain in place; Vance Street plans to support product development, organic growth and pursue strategic M&A opportunities to expand the business.

Vance Street Capital Partners with Polara Enterprises

December 14, 2021

Manufacturing

Los Angeles-based private equity firm Vance Street Capital has partnered with Polara Enterprises LLC, a Greenville, Texas-based maker of accessible pedestrian signals and pedestrian safety products. The McGaffey family rolled a significant ownership stake and will remain in management while Vance Street will support product innovation, IoT/connectivity initiatives and pursue complementary M&A; debt financing was provided by Barings' Global Private Credit.