Vance Street Capital Acquires Eberle Design, Inc.

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 Carmanah Technologies

May 3, 2022

Transportation

Los Angeles-based private equity firm Vance Street Capital acquired Carmanah Technologies Corp., a Victoria, British Columbia designer and manufacturer of solar and AC-powered LED pedestrian and traffic safety systems. Carmanah will join Polara Enterprises to form Vance Street's traffic and pedestrian safety ITS platform as the firm pursues organic product development and complementary M&A; financial terms were not disclosed.

Vance Street Capital Acquires Plastic Design Corporation

December 22, 2021

Medical Devices

Los Angeles-based private equity firm Vance Street Capital has acquired Plastic Design Corporation (PDC), a Scottsdale, Arizona-based contract manufacturer of micro-molded plastic components for the MedTech and life sciences markets. Founder Mark Kinder will resume as President, and Vance Street intends to leverage PDC's micro-molding and over-molding capabilities to expand its medtech manufacturing platform and serve medical device OEMs and microfluidics customers.

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.

Arcline Investment Management Acquires Engineering by Design

December 16, 2020

Medical Devices

Arcline Investment Management, a growth-oriented private equity firm, has acquired a controlling stake in Engineering by Design (EBD) from founders Dale and Judy Henson. EBD will join Arcline's medical-oriented manufacturing equipment platform (including Glebar, Everite Machine Products, SYNEO and Cath-Tip), expanding Arcline's capabilities in precision equipment and consumables for interventional medical device manufacturing.

Vance Street Capital and Neuberger Berman Recapitalize Eirtech Aviation Services

December 24, 2019

Industrial Services

Vance Street Capital completed a recapitalization of Eirtech Aviation Services, with funds advised by Neuberger Berman Private Credit co-investing alongside Vance Street. Headquartered in Shannon, Ireland, Eirtech provides engineering, manufacturing, asset management and CAMO services to airlines, lessors and OEMs; founders Niall Cunningham and Gerry O'Shea retain a material ownership stake. The deal positions Eirtech for growth by providing capital, industry relationships and operational support; terms were not disclosed.