ShoreView Industries Acquires Crown Products, Inc. from WILsquare Capital

Crown Products (WILsquare Capital) Acquires Tri-State Wholesale Flooring, LLC

April 26, 2021

Building Products

Crown Products, a portfolio company of St. Louis-based private equity firm WILsquare Capital, has completed the acquisition of Tri-State Wholesale Flooring, LLC, a flooring distributor based in Sioux Falls, South Dakota. The add-on deal expands Crown's product offering and regional footprint across the Upper Midwest; terms were not disclosed.

WILsquare Capital Forms Crown Products and Acquires Cartwright Distributing

November 4, 2019

Building Products

WILsquare Capital formed Crown Products, Inc. and completed the acquisition of Cartwright Distributing, LLC, a Denver-based flooring distributor. The new Crown Products platform combines Cartwright with WILsquare portfolio company Walcro to expand product offering and geographic reach across the Upper Midwest and Rocky Mountain regions; terms were not disclosed.

ShoreView Industries Acquires P&F Industries; Northstar Capital Provides Financing

February 1, 2024

Manufacturing

ShoreView Industries has agreed to acquire P&F Industries, Inc. in an all-cash take-private transaction at $13.00 per share. Northstar Capital provided junior debt financing and an equity co-invest to help fund the transaction; ShoreView will operate P&F as a platform and pursue add-on acquisitions in hand-held tools, gears and niche industrial equipment.

Crown Products, Inc. Acquires Blakely Products Company

August 12, 2022

Building Products

Crown Products, Inc., a Bloomington, Minnesota-based distributor of flooring and installation products, has acquired Blakely Products Company, a Warren, Michigan–headquartered distributor with seven locations across Michigan and Northwest Ohio. The deal expands Crown's regional footprint in the Great Lakes/Upper-Midwest market and preserves Blakely's legacy and operations under Crown's broader distribution platform.

Crown Products (WILsquare) Acquires Jer-And, Inc.

December 21, 2020

Building Products

WILsquare Capital’s portfolio company Crown Products, Inc. acquired substantially all assets of Jer-And, Inc., a St. Louis-based distributor of flooring and flooring installation solutions. The add-on expands Crown Products’ footprint across the Midwest and Rocky Mountain region; financial terms were not disclosed.

ShoreView Invests in Victory Air and Equipment, LLC

April 22, 2020

Industrial Services

ShoreView, a Minneapolis-based private equity firm, has made an investment to recapitalize Victory Air and Equipment, a distributor of abrasives, paint, blasting equipment and replacement parts headquartered in Victoria, Texas. The recapitalization provides the company's owners with liquidity and growth capital to support geographic expansion into end markets including petrochemicals, oil & gas, industrial manufacturing and marine/shipbuilding.