Private Equity Firm Industrial Services

Industrial Opportunity Partners

Evanston, Illinois, United States

Operations-focused private equity firm founded in 2005 and based in Evanston, Illinois. Invests in middle-market manufacturing and distribution businesses using a collaborative model with full-time Operating Principals to partner with management on diligence, strategic planning, operational execution, and realization.

Focus Areas
Middle-market manufacturing, Value-added distribution
Website
www.iopfund.com

Tracked deals

16

16 tracked deals across 2019-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Addon

9 addon · 4 buyout · 2 recapitalization

Industrial Opportunity Partners Acquisition Volume by Year

Last 6 years

Acquisition volume by year Annual acquisition counts for the last 6 years for Industrial Opportunity Partners. 3 2019 7 2020 2 2021 2 2022 1 2025 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 16 tracked deals for Industrial Opportunity Partners.

  • Buyer
    Charcuterie Artisans, Industrial Opportunity Partners (IOP)
    Target
    La Quercia Cured Meats
    Seller
    Lynch Family Companies
    Industry
    Food & Beverage
    Type
    Addon

    Charcuterie Artisans acquired La Quercia Cured Meats, a U.S.-made prosciutto and dry-cured pork specialist. The deal includes La Quercia’s Norwalk, Iowa production facility and its full product portfolio, with plans to expand the plant’s capacity by about 50% and dedicate it exclusively to prosciutto production.

  • Buyer
    Industrial Opportunity Partners, Oaktree Capital Management, L.P., Sandton Capital Partners, LP, Contrarian Capital Management, L.L.C.
    Target
    Charcuterie Artisans
    Industry
    Food & Beverage

    Industrial Opportunity Partners (IOP) led a recapitalization of Charcuterie Artisans, the parent of Creminelli Fine Meats and Del Duca, acquiring the company’s assets and assuming majority ownership alongside capital partners Oaktree Capital Management, Sandton Capital Partners and Contrarian Capital Management. The transaction eliminated approximately $200 million of debt, secured a new working capital facility from PNC Business Credit, and positions Charcuterie to expand capabilities, strengthen customer partnerships and invest in growth across its premium charcuterie portfolio. Jeff "Trip" Tripician was appointed CEO to lead the company’s next phase.

  • Buyer
    Industrial Opportunity Partners
    Target
    N.B. Handy Company
    Seller
    Founding family
    Type
    Buyout

    Industrial Opportunity Partners (IOP) has acquired N.B. Handy Company, a 130-year-old building products distributor headquartered in Lynchburg, Virginia. Terms were not disclosed; N.B. Handy will continue to be led by President & CEO Rosana Chaidez and will be supported by IOP to drive operational improvements and growth across its 21 locations in six states.

  • Buyer
    Industrial Opportunity Partners
    Target
    Raven Engineered Films Division
    Seller
    CNH Industrial
    Industry
    Manufacturing

    Industrial Opportunity Partners (IOP) has acquired the Raven Engineered Films Division from CNH Industrial for $350 million. The Sioux Falls-based business, a manufacturer of engineered polymer films and sheeting for agriculture, construction and industrial markets, will operate as IOP's first platform investment from Fund IV with management continuing to lead the company.

  • Buyer
    Industrial Opportunity Partners
    Target
    Brewster Home Fashions LLC, Fine Decor Wallcoverings Ltd
    Seller
    Shareholders of Brewster and Fine Decor

    Evanston-based private equity firm Industrial Opportunity Partners (IOP) has partnered with management to recapitalize Brewster Home Fashions and Fine Decor Wallcoverings. The investment will support growth and operational initiatives to expand the companies' peel-&-stick and traditional wallcovering product lines for the residential (DIY) market; terms were not disclosed.

  • Buyer
    Creative Foam Corporation, Industrial Opportunity Partners
    Target
    RAM Technologies
    Industry
    Manufacturing
    Type
    Addon

    Creative Foam Corporation, a portfolio company of Industrial Opportunity Partners, has acquired the assets of RAM Technologies. The acquisition expands Creative Foam's Healthcare division capabilities and customer base coast-to-coast by adding RAM's foam, plastic and nonwoven converting and fabrication capabilities; terms were not disclosed.

  • Buyer
    Royston Group, Industrial Opportunity Partners
    Target
    ProImage Wholesale Signs
    Seller
    ProImage Wholesale Signs
    Industry
    Manufacturing
    Type
    Addon

    Royston Group, a portfolio company of Industrial Opportunity Partners (IOP), has acquired the assets of ProImage Wholesale Signs, adding an 80,000 sq. ft. facility in Jacksboro, Tennessee. The site will serve as Royston Group/SignResource's East Coast manufacturing hub, expanding capacity and improving service and freight economics for convenience, grocery and other retail customers; terms were not disclosed.

  • Buyer
    PolyVision Corporation, Industrial Opportunity Partners
    Target
    Marsh Industries
    Seller
    Marsh Industries
    Industry
    Manufacturing
    Type
    Addon

    PolyVision Corporation, an existing portfolio company of Industrial Opportunity Partners (IOP), acquired the assets of Marsh Industries, a New Philadelphia, Ohio-based manufacturer of visual display products. The add-on transaction will let PolyVision expand manufacturing capacity and geographic reach in North America, growing its architectural panel and educational display product offerings.

  • Buyer
    Royston Group (SRR Holdings, Inc.), Industrial Opportunity Partners
    Target
    Southern CaseArts
    Industry
    Manufacturing
    Type
    Addon

    Industrial Opportunity Partners announced that its portfolio company SRR Holdings, Inc. (dba Royston Group) has acquired the assets of Southern CaseArts. Southern CaseArts, a designer and manufacturer of refrigerated and custom merchandising cases for grocery and convenience retailers, will join Royston Group to expand its retail fixture and merchandiser capabilities; founder Gene Cary will join Royston as Senior VP of Corporate Development.

  • Buyer
    Industrial Opportunity Partners
    Target
    PolyVision Corporation
    Seller
    Steelcase Inc.
    Type
    Buyout

    Industrial Opportunity Partners (IOP), an Evanston, Illinois-based private equity firm, acquired PolyVision Corporation — formerly a subsidiary of Steelcase — in a carve-out transaction; terms were not disclosed. PolyVision, headquartered in Johns Creek, Georgia, manufactures CeramicSteel writing surfaces and architectural cladding for education, healthcare, commercial office and transit end-markets; IOP said it will partner with existing management (Peter Lewchanin to remain CEO) to grow the business.

  • Buyer
    SRR Holdings, Inc. (dba Royston Group), Industrial Opportunity Partners
    Target
    Hamilton Laboratory Solutions
    Industry
    Manufacturing
    Type
    Addon

    SRR Holdings, Inc. dba Royston Group, an existing portfolio company of Industrial Opportunity Partners (IOP), has acquired Hamilton Laboratory Solutions. Hamilton — a 140-year-old designer and manufacturer of laboratory workstations, casework and fume hoods headquartered in Manitowoc, Wisconsin — will operate as a division of Royston Group; terms were not disclosed.

  • Buyer
    Industrial Opportunity Partners (IOP)
    Target
    Competition Cams, Inc. (COMP Cams / COMP Performance Group)
    Location
    United States
    Type
    Addon

    Industrial Opportunity Partners (IOP), an operations-focused private equity firm, acquired Competition Cams, Inc. (COMP Cams) as part of its automotive aftermarket platform that includes Edelbrock. Terms were not disclosed, and IOP’s operating principal Phil Fioravante will become Chairman of IOP’s automotive aftermarket platform.

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