Private Equity Firm Manufacturing

SOLV

Fort Wayne, Indiana, United States

SOLV is a privately held investment and holding company affiliated with Ambassador Enterprises. It acquires and builds industrial and manufacturing businesses, partnering with their leaders to support disciplined growth, integration, and long-term development.

Focus Areas
Industrial manufacturing, Metal fabrication, Precision machining

Tracked deals

8

8 tracked deals across 2021-2023.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Addon

4 addon · 4 buyout

SOLV Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for SOLV. 1 2021 5 2022 2 2023

Supporting Data

Recent Transactions

  • Buyer
    Ambassador Supply
    Target
    Ideal Steel
    Industry
    Manufacturing
    Type
    Buyout

    Ambassador Supply, a Fort Wayne, Indiana–based investment and management company in the residential and commercial construction sector, has acquired Ideal Steel, a Broussard, Louisiana manufacturer of components and pre-engineered steel buildings founded in 2002. The acquisition expands Ambassador Supply's portfolio and provides Ideal Steel with broader market access and collaboration opportunities; financial terms were not disclosed.

  • Buyer
    Ambassador Supply
    Target
    Straight Line Metal Buildings
    Seller
    Steven Poorman
    Type
    Addon

    Ambassador Supply has acquired Straight Line Metal Buildings, a Brookshire, Texas-based manufacturer and installer of pre-engineered metal buildings. The deal expands Ambassador Supply's portfolio of design and building-focused companies and broadens its manufacturing and construction capabilities in the metal building space.

  • Buyer
    Ambassador Supply
    Target
    Astro Buildings
    Industry
    Construction
    Type
    Addon

    Ambassador Supply, an investment and holding company focused on building-industry roll-ups, has acquired Astro Buildings, a post-frame builder based in Mead, Nebraska. The deal is an add-on to Ambassador's existing portfolio and is intended to expand geographic coverage and create operational synergies in the Iowa–Nebraska agricultural market.

  • Buyer
    SOLV Holdings, Ambassador Enterprises
    Target
    Custom Sound Designs (CSD)
    Seller
    Doug Hood, Kim Hood
    Type
    Buyout

    SOLV Holdings, an affiliate of Ambassador Enterprises, has acquired Custom Sound Designs (CSD), a U.S.-based audio, visual, lighting, and acoustic design and integration firm headquartered in New Haven, Indiana. The deal keeps CSD leadership in place and is positioned as a strategic fit to support the company’s growth and legacy while providing operational and financial resources for expansion.

  • Buyer
    Ambassador Supply, Ambassador Enterprises
    Target
    Orgain Building Supply Company
    Seller
    Orgain Building Supply Company, Hunter Orgain
    Type
    Addon

    Ambassador Supply, an affiliate of Ambassador Enterprises, has acquired Orgain Building Supply, a 100-year-old building supply company based in Clarksville, Tennessee. The transaction is an add-on to Ambassador Supply’s building materials platform and is intended to expand geographic reach and augment the platform’s product and service offerings while retaining Orgain’s employees.

  • Buyer
    Dovetail Brands, Ambassador Enterprises
    Target
    Grabill Cabinets
    Seller
    David Carnahan, Martin Heiny
    Industry
    Manufacturing
    Type
    Addon

    Dovetail Brands, an affiliate of Ambassador Enterprises, acquired the business of Grabill Cabinets in Q4 2021. The deal brings Grabill Cabinets into Dovetail's home-interior platform while preserving local leadership—former owners David Carnahan and Martin Heiny will remain in leadership roles and the company will continue operations in Grabill, Indiana with its ~130+ employees.

  • Buyer
    SOLV Holdings, Ambassador Enterprises
    Target
    QuikCut, Inc.
    Seller
    Mark Webb, Carey Sipe
    Industry
    Manufacturing
    Type
    Buyout

    SOLV Holdings, an affiliate of Ambassador Enterprises, acquired a majority position in QuikCut, an advanced metal fabricator and contract manufacturer based in Fort Wayne, Indiana. QuikCut owners Mark Webb and Carey Sipe will remain in day-to-day roles while SOLV and Ambassador Enterprises provide capital and strategic support to drive growth and synergies with their other industrial holdings.

  • Buyer
    Ambassador Supply
    Target
    Pioneer Industries, LLC (dba Pioneer Truss Company and Pioneer Home Center)
    Seller
    Matthew Lenauer, Chris Lenauer, Pioneer Industries, LLC (owners)
    Type
    Buyout

    Ambassador Supply (Fort Wayne, Indiana) acquired Pioneer Industries, LLC (dba Pioneer Truss Company and Pioneer Home Center) of Owensville, Missouri; the transaction closed December 20, 2021. Generational Equity advised the sellers (owners Matthew and Chris Lenauer); Ambassador expands its manufactured building-products footprint and will provide growth capital while retaining existing management and employees.

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