Articles from Angeles Equity Partners, LLC

Angeles Equity Partners, LLC (“Angeles”), a private investment firm specializing in niche manufacturing, critical industrial services, and specialty distribution businesses, today announced Freddie Briggs as an operating principal at Angeles Operations Group. Briggs brings substantial experience within portfolio companies, driving strategy, transformation, and performance improvement.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, today announced that Andrew Freedman has been named as an operating partner, finance at Angeles Operations Group. Freedman joins the firm with over 20 years of private equity operating partner experience along with additional roles as a CFO and senior finance executive across a broad spectrum of industrial, consumer, and technology businesses.

Angeles Equity Partners, LLC ("Angeles"), a private investment firm focused on value creation through operational transformation, announced the appointment of former Hitachi, Ltd. company JR Automation Technologies, LLC (“JR Automation”) CEO and board member Craig Ulrich as CEO of Acieta LLC ("Acieta"). Headquartered in Waukesha, Wisconsin, with additional operations throughout the U.S. and Mexico, Acieta is an automation systems integrator serving a diverse set of commercial and industrial end markets. Naming Ulrich as CEO is the latest step to support the company’s strategic plan to accelerate growth in the industrial automation and robotics sector.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, today announced Chetan Bhandari as the Head of Capital Markets at Angeles Operations Group. Bhandari brings over 30 years of extensive experience advising and assisting financial sponsors, entrepreneurs, and corporations on some of their most complex capital market financings, debt restructurings, and event-driven corporate actions. In addition, his prior experience as treasurer of a global enterprise brings unique operating and financing expertise associated with multi-jurisdictional financing and investing relationships.

Angeles Equity Partners, LLC ("Angeles"), a private investment firm focused on value creation through operational transformation, announced the appointment of Rob Walpole as CEO of Custom Goods, LLC (“Custom Goods”). Headquartered in Carson, California, Custom Goods is an asset-light third-party logistics (“3PL”) company that provides highly customized warehousing and value-added fulfillment, transportation solutions, and centralized examination services to a diversified base of Fortune 500 companies across the United States. The appointment of Walpole to the Custom Goods’ executive team is the latest step to support the company's strategic plan to accelerate profitable growth in the 3PL sector.

Angeles Equity Partners, LLC (“Angeles”) portfolio company, Acieta (formerly known as RōBEX), today announced the acquisition of Capital Industries LLC (“Capital”), an Indiana-based industrial robotics manufacturer and integrator. This transaction marks the fifth strategic acquisition by Angeles in the robotics integration sector. Capital further expands the platform’s material handling, assembly systems, and testing and control systems capabilities across a broader set of end markets, including medical and pharmaceutical, food and beverage, energy storage, consumer products, and aerospace and defense.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm specializing in niche manufacturing, critical industrial services, and specialty distribution businesses, today announced Peter Kurto as an operating partner at Angeles Operations Group. Kurto brings over 20 years of extensive P&L leadership experience within portfolio companies, driving transformation and performance improvement.

An affiliate of Angeles Equity Partners, LLC (“Angeles”), a private investment firm that partners with niche manufacturing, critical industrial services, and specialty distribution businesses in an effort to realize their full potential, has acquired O’Hara’s Son Roofing (“OSR”), a national commercial and industrial roofing provider headquartered in Chicago, IL with regional service operations centers in Florida, New Jersey, and Texas. Established in 1987, OSR ranks among the Top 20 Roofing Contractors in the country and is registered and licensed in 48 states.

An affiliate of Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, today announced the acquisition of Acieta LLC (“Acieta”), a Midwest-based industrial robotics manufacturer and integrator, from Mitsui & Co. (U.S.A.), Inc. (“Mitsui”). This transaction marks the fourth strategic acquisition by Angeles in the robotics integration sector, complementing its current platform consisting of RōBEX, Mid-State Engineering, and +Vantage. Acieta further expands the business’ equipment tending, welding, and palletizing capabilities across a broader set of end markets including agriculture, foundry and die, welding and fabrication, and construction and building products.

Data Clean Corporation (“Data Clean“) today announced the acquisition of Sealco LLC (“Sealco“), a Texas-based critical environment cleaning business serving data centers across the South and Southeast United States. The latest development marks Data Clean’s second strategic acquisition since it was acquired by Angeles Equity Partners, LLC, a private investment firm focused on value creation through operational transformation. Through this acquisition, Data Clean expands its contamination control capabilities and further penetrates another critical and growing data center market.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, today announced Ursula Ster has been named as an operating partner, finance at Angeles Operations Group. Ster joins the firm with more than 20 years of transaction advisory and senior finance roles across a broad spectrum of industrial businesses.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, has appointed Steve Tamjidi to its business development team. Tamjidi brings deep sourcing experience and extensive relationships with corporate sellers, investment banks, and other intermediaries to the firm.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, has appointed Brandon Gold as vice president, Operations for Angeles Operations Group, LLC. Gold brings deep expertise in due diligence, business strategy, and operational improvement in industrial companies to the role.

Angeles Equity Partners LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, today announced the final closing of Angeles Equity Partners II, L.P. and its parallel funds (collectively, the “Fund”) with total capital commitments exceeding its target of $500 million.

VisTech Manufacturing Solutions (“VisTech”), a vertically-integrated noise, vibration, and harshness (“NVH”) solutions provider to the North American automotive industry and a portfolio company of Angeles Equity Partners, LLC (“Angeles”), today announced the acquisition of substantially all of the assets of Industry Products Company (“IPC”), a supplier of NVH solutions, primarily to automotive original equipment manufacturers (“OEMs”). IPC is based in Piqua, Ohio and was previously owned by various members of the Pautsch Family since its founding in 1966.

An affiliate of Angeles Equity Partners, LLC (“Angeles”) has acquired Custom Goods, LLC (“Custom Goods”), an asset-light third-party logistics (“3PL”) company that provides an integrated suite of logistics services for its business-to-business customers. Angeles will partner with Custom Goods’ talented and experienced management team on this investment. The terms of the transaction were not disclosed.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, has appointed Swati Bhanderi as vice president, Operations for Angeles Operations Group, LLC. Bhanderi brings deep expertise in due diligence, business strategy, and operational improvement in manufacturing environments to the role.

Data Clean Corporation (“Data Clean”), one of the nation’s oldest and largest critical environment cleaning and remediation specialists, today announced the acquisition of SML Enterprises (“SML”), a Virginia-based critical environment cleaning business serving data centers across the Mid-Atlantic region. The transaction is the first strategic acquisition by Data Clean since it was acquired by Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation. Through this acquisition, Data Clean has strengthened its position as a market leader in contamination control, especially for data centers, and further penetrated one of the most important data center geographies in the world.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, announced the appointment of David Carr as CEO of RōBEX LLC (“RōBEX”), a precision integrator of industrial robots. With the addition of David to the RōBEX team, Angeles is taking the next step in its strategic plan to accelerate growth in the industrial automation and robotics sector.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, announced the appointment of Michael Lesniak to the Board of Directors of Data Clean Corporation, LLC (“Data Clean”). Data Clean is a leader in contamination control for controlled environments, primarily data centers and clean rooms across the U.S. and internationally. The appointment of Lesniak to the Data Clean Board adds significant industry and commercial capabilities to accelerate the growth and consolidation of this highly-fragmented space.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, announced the appointment of Corwin Carson to the Board of Directors of RōBEX LLC (“RōBEX”) a precision integrator of industrial robots. With the addition of Carson to the RōBEX Board, Angeles is taking the next step in its strategic plan to accelerate growth in the industrial automation and robotics sector.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, today announced that Adam Lerner has been named as an operating partner at Angeles Operations Group. Lerner joins the firm with more than 20 years of private equity operating experience, holding various senior leadership positions within portfolio companies and providing direct operational and board oversight driving transformative outcomes.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, has appointed Randi Moran as chief performance officer at Angeles Operations Group, LLC. Moran brings more than 20 years of people, process, and program management experience to the role.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, has appointed Jake Blumenthal as M&A Partner for its affiliate, Angeles Operations Group, LLC. Blumenthal has over 20 years of private equity investing experience in the lower middle-market.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, has appointed Elizabeth Crowe as vice president, Operations for Angeles Operations Group, LLC. Crowe brings deep expertise in due diligence, business strategy, and financial analysis to the role.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, announced the appointment of Anthony “Tony” Seger to the Board of Directors of RōBEX LLC (“RōBEX”), one of its portfolio companies. RōBEX is a precision integrator of industrial robots. With the addition of Seger to the RōBEX Board, Angeles is taking the next step in its strategic plan to accelerate growth in the industrial automation and robotics sector.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, announced the appointment of Chuck Moyer to the Board of Directors of RōBEX LLC (“RōBEX”), one of its portfolio companies. RōBEX is a precision integrator of industrial robots. The addition of Moyer to the Board is the latest step to support the company’s strategic plan to accelerate growth in the industrial automation and robotics sector.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, announced that Rodger Yuan has joined Angeles Operations Group, LLC as Vice President, Operations. Yuan brings deep expertise in the industrials space, most recently in the Advanced Industries Practice at management consulting firm McKinsey & Company, after earning a Ph.D. from the Massachusetts Institute of Technology (“MIT”) in Materials Science & Engineering.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, announced the appointment of Scott Miller as the new chief executive officer (CEO) of portfolio company Primus Aerospace (“Primus”). Primus is a provider of highly complex, machined components and assembly solutions to the aerospace, defense, and space (“AD&S”) industry.

Bison Capital Partners VI, LP (“Bison Capital”), Angeles Equity Partners, LLC (“Angeles”), and Brian Nelson have acquired Lapmaster Parent, LLC (“Precision Surfacing Solutions” (or “PSS”), a leading producer of high precision equipment and accessories for slicing, lapping, grinding, and polishing a engineered materials including metals, silicon, glass, ceramics, and composites. Bison Capital and Angeles will partner with Brian Nelson, who founded PSS and will resume his role as group CEO, to drive the next stage of the company’s global growth.

Bison Capital Partners VI, LP (“Bison Capital”) and an affiliate of Angeles Equity Partners, LLC (“Angeles”) have acquired Lapmaster Parent, LLC (“Precision Surfacing Solutions” or “PSS”), a manufacturer of specialized precision machinery for lapping, grinding, cutting, and polishing substrates used in the manufacture of precision parts in semiconductor, aerospace, and general industrial markets. Bison Capital and Angeles will partner with Brian Nelson, founder of PSS, and together, they will drive the next stage of the company’s growth.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, today announced Sam Heischuber and Sameer Patel have been promoted to Managing Director, and Max Schechter to Principal, Head of Business Development. These individuals have made significant contributions to the evolution, growth, and success of Angeles Equity Partners.

Primus Aerospace (“Primus”), a provider of highly complex, machined components and assembly solutions to the aerospace, defense, and space industry, sponsored by Angeles Equity Partners, LLC (“Angeles”), today announced the acquisition of Raloid Corporation (“Raloid”). Raloid machines critical components for several strategic defense programs. With the addition of Raloid, Primus further strengthens its position as a Tier 1 supplier in the defense industry. Raloid will continue to operate under its existing brand name.

Angeles Equity Partners, LLC (“Angeles”), in partnership with KJM Capital, LLC (“KJM"), has invested in OBS Holdings, LLC (d/b/a “Freymiller”) a provider of refrigerated transport and freight brokerage solutions to support cold chain management. Angeles and KJM will partner with Freymiller President and CEO David Freymiller to drive the next stage of the company’s growth.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, announced that it has added two vice presidents to its investment team. The addition of Te’Rhon O’Neal and Jamie Brown will provide incremental capabilities and capacity in support of Angeles’ investment team as the firm accelerates its capital deployment velocity. These new hires follow the addition of Matt Hively, an operating partner, in April.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, announced that Matthew Hively has joined the firm as an Operating Partner. Hively joins the firm with over 15 years of experience in strategy, and operational leadership positions, including as a CEO.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, today announced Brian M. Snow has been appointed to the Board of Directors of Xanitos. Naming Mr. Snow to the Board is the latest step in Xanitos’ strategic plan to become the premier specialty provider of environmental services (EVS), patient transport, and linen services to hospitals and other acute care settings nationwide.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, announced the sale of APCT, Inc. (“APCT”) to an affiliate of Industrial Growth Partners (“IGP”). APCT is an integrated manufacturer of complex, quick-turn printed circuit board (“PCB”) prototypes headquartered in Silicon Valley. APCT delivers industry-leading turnaround times and technical solutions for new product development and specialty low-volume niche production programs to aerospace and defense, industrial, and medical companies. Offshore production management services are provided through its Global division. The financial terms of the transaction were not disclosed.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, today announced John Chalaris has been appointed to the Board of Directors of Primus Aerospace (“Primus”). The addition of Mr. Chalaris to the Primus Board is the latest step to support the company’s strategic plan targeting the aerospace, defense, and space (“AD&S”) sectors’ requirements for complex precision components and integrated assemblies designed for near-peer threat applications. Primus serves several of the premier AD&S prime contractors and original equipment manufacturers (“OEMs”) for many of the National Defense Strategy’s most strategic platforms and programs.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, today announced the appointment of Debbie White to the Board of Directors of Xanitos. Naming Ms. White to the Board adds an experienced industry executive to help steer Xanitos’ strategic plan to become the premier specialty provider of environmental services (EVS), patient transport, and linen services to hospitals and other acute care settings nationwide.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, today announced Stephen O’Bryan has been appointed to the Board of Directors of Primus Aerospace (“Primus”). The addition of Mr. O’Bryan to the Board is an important step in support of Primus’ desire to become the premier provider of complex precision components and integrated assemblies for the aerospace, defense, and space (“AD&S”) sectors. Primus serves several of the premier AD&S prime contractors and original equipment manufacturers (“OEMs”) for many of the National Defense Strategy’s most strategic platforms and programs.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on operational value creation, today announced the acquisition of Xanitos, Inc. (“Xanitos”), a specialized provider of environmental services (“EVS”) to hospitals and other acute care settings nationwide. The financial terms of the transaction were not disclosed.

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, today announced the acquisition of Primus Aerospace (“Primus”), a manufacturer of complex precision components for the aerospace, defense, and space (“AD&S”) sectors. Primus serves several of the premier AD&S prime contractors and original equipment manufacturers (“OEMs”) for many of the industry’s most strategic platforms and programs. The financial terms of the transaction were not disclosed.