Vance Street Capital Acquires Carmanah Technologies

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.

Vance Street Capital Acquires Eberle Design, Inc.

June 14, 2022

Infrastructure

Vance Street Capital, a Los Angeles-based private equity firm, has acquired Eberle Design, Inc. (EDI), a provider of intersection safety products and ITS technologies. EDI will join Vance Street's traffic and pedestrian safety ITS platform alongside Polara Enterprises and Carmanah Technologies to expand the platform's intersection safety product portfolio and accelerate product innovation.

CMH Acquisition Corp (Krystal Growth Partners & James Meekison) Acquires Carmanah Technologies

August 16, 2019

Manufacturing

CMH Acquisition Corp, a special purpose vehicle formed by Krystal Growth Partners in partnership with James Meekison, completed the acquisition and privatization of Carmanah Technologies Corporation effective August 16, 2019 for approximately C$86 million. Following the transaction CMH amalgamated with Carmanah, the company applied to delist from the Toronto Stock Exchange and will continue to design, develop and distribute energy‑optimized LED solutions for infrastructure under the Carmanah name.

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 Majority Stake in Wytech Industries

November 10, 2020

Medical Devices

Los Angeles-based private equity firm Vance Street Capital acquired Wytech Industries, a Rahway, New Jersey manufacturer of specialty core wires and precision tube-based components for interventional medical devices. The Casalino family (founders) retain an ownership stake alongside Vance Street; terms were not disclosed. The deal represents Vance Street's first platform investment from Fund III and a strategic entry into a medical-device component manufacturing platform.

Vance Street Capital Acquires Mountain Manufacturing Technologies (Add-on to Wytech Industries)

October 13, 2022

Medical Devices

Los Angeles-based private equity firm Vance Street Capital acquired Mountain Manufacturing Technologies, a Lino Lakes, Minnesota contract manufacturer of precision mandrels and machined components for medical devices. The deal will complement Vance Street's existing portfolio company Wytech Industries by expanding mandrel capabilities and supporting growth in interventional and advanced surgical markets.