Milton Street Capital Forms ProVeyance Group by Acquiring Woodsage and Ashland Conveyor Products

Milton Street Capital Acquires Woodsage LLC

December 16, 2021

Manufacturing

Houston-based private equity firm Milton Street Capital has acquired Woodsage LLC, a Holland, Ohio manufacturer of specialty steel rollers and conveyor components. The acquisition is a platform investment to expand Milton Street's presence in material handling and capitalize on growth driven by e-commerce, automation, and distribution infrastructure needs.

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.

Westbourne Capital Partners and Samson Investment Partners Invest in Proos Manufacturing

November 10, 2020

Manufacturing

Westbourne Capital Partners, alongside Samson Investment Partners and several family office investors, completed a strategic growth investment in Proos Manufacturing to support the company's expansion in the e-commerce fulfillment and material handling markets. Management, led by CEO Bryan Howard, will remain in place as the company invests in engineering talent, capability expansion and geographic growth.

Proviso Capital Acquires Merchandising Partners, LLC

May 21, 2021

Packaging

Proviso Capital acquired Merchandising Partners, LLC, a North Granby, Connecticut-based full-service provider of point-of-sale displays, custom fabrication and packaging fulfillment; the deal closed May 21, 2021. Generational Equity advised the seller, and Proviso said it will provide capital and strategic resources to support the company's growth.

May River Capital Acquires Cablevey Conveyors

December 22, 2021

Manufacturing

Chicago-based private equity firm May River Capital has acquired Cablevey Conveyors, the Oskaloosa, Iowa manufacturer of tubular drag conveyor systems. The deal closed on Dec. 22 (Cablevey’s 50th anniversary); Cablevey will continue operating in Oskaloosa while May River plans to invest to grow market share in food & beverage, pharmaceuticals and other regulated end markets and pursue synergies with a sister platform, Advanced Material Processing (AMP).

JMC Capital Partners Acquires PRO-VISION Video Systems

September 6, 2019

Manufacturing

Boston-based private equity firm JMC Capital Partners has acquired PRO-VISION Video Systems, a Michigan-based designer and manufacturer of vehicle video systems, body-worn cameras, and video management software. JMC plans to partner with PRO-VISION's management to accelerate growth and expand the company's safety and video technology offerings across commercial, transit, and law enforcement markets.