ShoreView Recapitalizes Aeronix

Aeronix (ShoreView Portfolio Company) Acquires ITI Engineering, LLC

January 2, 2022

Aerospace & Defense

Aeronix, a ShoreView portfolio company, has acquired ITI Engineering, LLC, a supplier of ground-based mission logistics systems and engineering services for defense aerospace applications. The add-on expands Aeronix's capabilities in defense electronics and mission logistics; Aeronix and ShoreView said they will pursue additional complementary acquisitions in the defense sector.

Tinicum Acquires Controlling Interest in Aeronix Technologies Group from ShoreView

November 4, 2024

Aerospace & Defense

Tinicum, L.P. has acquired a controlling interest in Aeronix Technologies Group (ATG) from ShoreView Industries, with ShoreView and ATG employee shareholders retaining significant minority stakes. Headquartered in Melbourne, Florida, ATG supplies high-reliability defense electronics and engineering services across air, sea, ground and space domains; Tinicum said it will partner with management to support the company's next phase of growth and broaden its national security applications.

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.

ShoreView Capital Partners Recapitalizes 8020 Consulting

October 15, 2021

Consulting

Minneapolis-based private equity firm ShoreView Capital Partners has completed an investment to recapitalize 8020 Consulting, a Southern California financial consulting firm. ShoreView partnered with 8020's management to support growth, backing a strategy that includes pursuing add-on acquisitions and geographic expansion.

ShoreView Invests in Elevator Systems, Inc.

March 11, 2020

Manufacturing

Minneapolis-based private equity firm ShoreView has completed a recapitalization of Elevator Systems, Inc. (ESI), a Garden City, New York manufacturer of elevator controllers and ancillary products. Founder Nat Alcamo remains with the company and ESI will pursue add-on acquisitions of elevator parts businesses as part of a growth strategy.

AEA Investors and NB Private Equity Partners Acquire Monroe Engineering Group

January 7, 2022

Manufacturing

ShoreView has sold Monroe Engineering Group, a Rochester Hills, Michigan-based supplier of custom and standard hardware for OEMs, to a consortium led by AEA Investors with participation from NB Private Equity Partners. ShoreView originally partnered with Monroe in 2017 to fund an aggressive add-on and organic growth strategy; the new private equity owners will continue to support the company’s platform growth and add-on strategy.