CapitalWorks
CapitalWorks Private Equity
CapitalWorks, a leading private equity firm, today announced that it was named a 2021 TOP 50 PE Firm in The Middle Market™. CapitalWorks’ inclusion on the TOP 50 PE list affirms its position as one of the leading private equity firms in the middle market. In naming CapitalWorks to its list, the TOP 50 PE Firms in The Middle
CapitalWorks is a private equity investment firm located in Cleveland, Ohio that makes control investments in lower middle-market companies. We invest in manufacturing and industrial service companies with $3 to $9 million of EBITDA. The firm was founded in 1999 and we are currently investing out of our fourth
CapitalWorks is excited to announce its portfolio company, Libra Industries, has named Jim Kircher, President and Chief Executive Officer. Mr. Kircher has held various executive positions within the contract manufacturing industry for the past twenty years and has over thirty years of experience in various technical industrial manufacturing positions.
CLEVELAND, OHIO – Cleveland private equity firm CapitalWorks has completed a majority investment in Electromechanical Research Laboratories, Inc., of New Albany, Indiana, (ERL) and subsidiary Law Valve of Texas in partnership with President and CEO, Stephen Wilkins and the ERL management team. Founded in 1970, ERL Commercial Marine is
Brady Roth has joined CapitalWorks as an Associate. His primary responsibilities include initial deal screening and evaluation of acquisition opportunities, deal execution and financing. He assists current portfolio companies with project execution along with corporate governance and monitoring internal operations. Before joining CapitalWorks, Mr. Roth worked for Charlotte-based middle
Jeff Chick has been appointed as the Chief Executive Officer for Bancsource, Inc. effective March 30, 2020. Jeff comes to Bancsource with a strong diverse background which includes experience with Field Services, Retail Banking, ATM transaction processing software, and Financial Services. He is a proven leader with a track
Philip Mahaney has been named president and chief executive officer of Paradigm Window Solutions of Portland, ME, effective April 1. “Our search for Paradigm’s CEO was extensive and focused on acquiring the talent to lead Paradigm into the future,” said Dick Hollington, Managing Director and CEO of CapitalWorks, LLC,
CLEVELAND, OHIO –CapitalWorks is excited to announce its portfolio company, Libra Industries (“Libra”), has acquired a contract manufacturing facility in Guaymas, Mexico (“Libra Guaymas”). Terms of the transaction were not disclosed. Libra Guaymas was previously operated by Benchmark Electronics, Inc. and manufactures complex assemblies and sub-assemblies for a blue-chip
CLEVELAND, OHIO – CapitalWorks is excited to announce that its contract manufacturing portfolio companies Libra Industries (“Libra”) and GEMCITY Engineering & Manufacturing (“GEMCITY”) have merged, and will operate as Libra Industries going forward. Rod Howell, the former owner and CEO of Libra, will serve as CEO of the combined
Cleveland, Ohio – Cleveland private equity firm CapitalWorks, LLC announced the sale of Chemtron, a leading hazardous and non-hazardous waste management provider in the Midwest to Kinderhook Industries, LLC. Terms of the deal were not disclosed. CapitalWorks acquired Chemtron in 2015 from the Guenther Family and partnered with them
CLEVELAND, OHIO – Cleveland private equity firm, CapitalWorks, LLC has acquired Essco. The acquisition was completed as a part of CapitalWorks’ fourth private equity fund, CapitalWorks Fund IV, L.P. Terms of the deal were not disclosed. Established in 1924 in Cleveland, Ohio, Essco is the leading value-added distributor of
CLEVELAND, OHIO – C&M Conveyor and Ohio Blow Pipe welcome Brett Jaffe as CEO. Mr. Jaffe brings over 25 years of experience and in-depth knowledge leading manufacturing organizations in both the public and private sector. Prior to joining C&M Conveyor, Brett achieved success as the leader of the private-equity
CLEVELAND, OHIO – Cleveland private equity firm, CapitalWorks, LLC announced today that it recently completed a majority investment in Libra Industries Inc. (“Libra”) in partnership with CEO, Rod Howell, the Howell family and the Libra management team. In 1980 the Howell Family founded Libra Industries and has successfully led
CLEVELAND, OHIO– CapitalWorks, LLC has acquired Cleveland-based Ohio Blow Pipe Company and its subsidiary Advanced Air Systems, Inc. (“OBP”). Founded over 85 years ago, OBP is a recognized leader in the design, fabrication and installation of pneumatic material handling and dust and oil mist collection systems for a variety
CLEVELAND, OHIO – Cleveland private equity firm CapitalWorks, LLC announced the sale of its investment in Capewell Aerial Systems (“CAS” or the Company), a designer and manufacturer of highly advanced air soldier tactical gear, search & rescue, parachute, and aerial delivery products, to Argosy Private Equity. Terms of the
Brian Miskell has joined CapitalWorks as a Senior Associate. His primary responsibilities include screening and analysis of acquisition opportunities, conducting due diligence and procuring deal financing. He will also assist current portfolio companies with various projects as well as governance and monitoring initiatives. Before joining CapitalWorks, Mr. Miskell worked
CLEVELAND, OHIO – Cleveland private equity firm CapitalWorks, LLC has acquired C&M Conveyor. Terms of the deal were not disclosed. The acquisition was completed by CapitalWorks’ fourth private equity fund, CapitalWorks Fund IV, L.P. Based in Bloomington, Indiana, C&M Conveyor designs, engineers, manufactures and services turnkey automated material handling
Jennifer Haberman has joined CapitalWorks as controller. Her primary responsibilities will include accounting and financial reporting for CapitalWorks and its funds, investor communication, assisting with managing the firm’s SEC compliance function and other office operations. Prior to joining CapitalWorks, Jennifer was the corporate controller for Gas Natural, Inc., where
CLEVELAND, OHIO – Ripley Tools, a portfolio investment of Cleveland-based private equity firm CapitalWorks, LLC, announced today the acquisition of Optical Design Manufacturing Inc. (“ODM”), a designer and manufacturer of quality fiber optic testing equipment. ODM’s electronics expertise will expand Ripley’s current product offering and provide additional solutions to
CLEVELAND, OHIO – Cleveland private equity firm CapitalWorks, LLC announced today the sale of its investment in Premium Plastic Solutions, LLC (“PPS”), a custom blow molder, to Universal Plastics, a producer of large plastic parts with complex designs and excellent cosmetics. Terms of the deal were not disclosed. “CapitalWorks
CLEVELAND, OHIO – Cleveland private equity firm CapitalWorks announced today the sale of its investment in KKSP Precision Machining, one of North America’s leading manufacturers of machined metal components produced on automatic screw machines, to Mill Point Capital a middle-market private equity firm. Terms of the deal were not
