WYNNCHURCH CAPITAL


Associated tags: Capital, Professional Services, Finance, Banking, Manufacturing, Financial services

Locations: CHICAGO, MISSOURI, RUSSIA, OHIO, ILLINOIS, UNITED STATES, NORTH AMERICA, CANADA, SUPLEE, ROBBINS, NEW YORK

Wynnchurch Capital Invests in Reagent Chemical & Research

Retrieved on: 
Friday, May 3, 2024

Wynnchurch Capital, L.P. (“Wynnchurch”), announced today that it has acquired Reagent Chemical & Research, LLC (“Reagent” or the ​“Company”) in partnership with management.

Key Points: 
  • Wynnchurch Capital, L.P. (“Wynnchurch”), announced today that it has acquired Reagent Chemical & Research, LLC (“Reagent” or the ​“Company”) in partnership with management.
  • Headquartered in Ringoes, NJ and family-owned since its founding in 1959, Reagent is the #1 specialty distributor of hydrochloric acid in North America.
  • We look forward to building upon that reputation and supporting the Reagent team through the next phase of growth.”
    Paul Hastings LLP acted as legal advisor to Wynnchurch.
  • Wynnchurch manages a number of private equity funds with $9.2 billion of regulatory assets under management and is actively seeking investments.

FCA Packaging Invests in Greentree Packaging and Lumber

Retrieved on: 
Thursday, April 25, 2024

FCA, LLC, a Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company, announced the acquisition of Greentree Packaging and Lumber (“Greentree” or the ​“Company”).

Key Points: 
  • FCA, LLC, a Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company, announced the acquisition of Greentree Packaging and Lumber (“Greentree” or the ​“Company”).
  • Headquartered in Fort Worth, Texas, Greentree is a manufacturer of custom wood packaging and a distributor of lumber products.
  • David Wilsted, CEO of FCA, said, “We are excited to bring Greentree into the FCA Packaging family and are proud to announce this partnership.
  • Together, FCA and Greentree will be able to better serve our customers in the Dallas/Ft.

Churchill Serves as Sole Lead Arranger for a First Lien Credit Facility to Support Wynnchurch Capital’s Acquisition of Handgards

Retrieved on: 
Friday, April 19, 2024

Churchill Asset Management (“Churchill” or the “Firm”) today announced that it served as Sole Lead Arranger for a first lien credit facility to support the acquisition of Handgards (the “Company”) by Wynnchurch Capital, L.P. (“Wynnchurch").

Key Points: 
  • Churchill Asset Management (“Churchill” or the “Firm”) today announced that it served as Sole Lead Arranger for a first lien credit facility to support the acquisition of Handgards (the “Company”) by Wynnchurch Capital, L.P. (“Wynnchurch").
  • Headquartered in El Paso, Texas, Handgards is a leading distributor of foodservice products, including disposable gloves, reclosable bags, tabletop items, expendables, and other carryout products.
  • The Company operates eight facilities with over one million square feet of space and ships over 18 million cases of product annually.
  • “Churchill served as a terrific partner throughout the Handgards transaction process,” said Mike MacKay, Principal at Wynnchurch.

Wynnchurch Capital Invests in Handgards

Retrieved on: 
Tuesday, April 16, 2024

Wynnchurch Capital, L.P. (“Wynnchurch”), announced today that it has acquired Handgards, LLC (“Handgards” or the ​“Company”) from Wind Point Partners in partnership with management.

Key Points: 
  • Wynnchurch Capital, L.P. (“Wynnchurch”), announced today that it has acquired Handgards, LLC (“Handgards” or the ​“Company”) from Wind Point Partners in partnership with management.
  • “From our first meeting with Wynnchurch, I knew we had found a fantastic partner for our next chapter of growth,” said Joe Kubicek, CEO of Handgards.
  • “Wynnchurch brings significant commercial and operational expertise in distribution and has substantial resources to support Handgards’ growth plans.
  • The Company's value proposition, diversified service offering, and long-standing relationships make Handgards a great fit with our investment philosophy.”
    Carl Howe, Principal at Wynnchurch, added, “Handgards has built a reputation as a leading provider of critical safety and disposable products to the foodservice market.

Wynnchurch Capital Exits LPW Group

Retrieved on: 
Monday, March 18, 2024

Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle market private equity firm, is pleased to announce the sale of LPW Group Holdings, Inc. (“LPW Group” or the “Company”) to funds managed by Oaktree Capital Management, L.P. (“Oaktree”).

Key Points: 
  • Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle market private equity firm, is pleased to announce the sale of LPW Group Holdings, Inc. (“LPW Group” or the “Company”) to funds managed by Oaktree Capital Management, L.P. (“Oaktree”).
  • Greg Gleason, Managing Partner at Wynnchurch, stated, “LPW Group represented an opportunity to create an industry leading flow control platform with a strong legacy of brands, broad portfolio of high-quality, engineered products, and differentiated customer value proposition.
  • “We’re thrilled with the outcome and wish the LPW Group team and Oaktree our best.”
    “We are grateful for Wynnchurch’s valuable partnership and substantial support during their ownership.
  • Their assistance in driving business growth, promoting continuous improvement, and the successful identification and integration of acquisitions has been instrumental to our success,” stated Mark S. Bowie, CEO of LPW Group.

Wynnchurch Capital Announces Promotions

Retrieved on: 
Tuesday, March 5, 2024

Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle-market private equity firm, announced today several promotions:

Key Points: 
  • Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle-market private equity firm, announced today several promotions:
    Mike MacKay : Promoted to Principal, Investment Team
    Ramsay McLearie : Promoted to Principal, Business Development
    Ben Cherry : Promoted to Vice President, Investment Team
    Chris Waldock : Promoted to Vice President, Investment Team
    Evan Kluck : Promoted to Senior Associate, Investment Team
    Chris O’Brien, Managing Partner at Wynnchurch, said, “We are excited to announce the well-earned promotions of Mike, Ramsay, Ben, Chris, and Evan.
  • Their performance, work ethic, and dedication to the team have been exemplary and meaningful contributors to our shared growth.
  • We are thrilled for them and look forward to their continued growth and expanding leadership roles within the team.”

Wynnchurch Capital Announces New Hires

Retrieved on: 
Wednesday, February 21, 2024

Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle-market private equity firm, announced today the additions of Alexis Underwood as Managing Director to our operations group – focused on commercial and pricing strategy and Emma Naas as Accounting Manager focused on fund accounting.

Key Points: 
  • Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle-market private equity firm, announced today the additions of Alexis Underwood as Managing Director to our operations group – focused on commercial and pricing strategy and Emma Naas as Accounting Manager focused on fund accounting.
  • Chris O’Brien, Managing Partner at Wynnchurch, said, “We are thrilled to announce the addition of Alexis.
  • Wynnchurch manages a number of private equity funds with $9.2 billion of regulatory assets under management and is actively seeking investments.
  • In September 2023, Trimlite, a Wynnchurch portfolio company, acquired Francis-Schulze Company, a leading value-added distributor of exterior door products and hardware.

Wynnchurch Capital Closes on Fund VI at $3.5 Billion

Retrieved on: 
Friday, January 19, 2024

Wynnchurch Capital, L.P. ("Wynnchurch"), a leading middle market private equity firm, announced the closing of its sixth private equity fund, Wynnchurch Capital Partners VI, L.P (“the Fund”) at $3.5 billion of committed capital.

Key Points: 
  • Wynnchurch Capital, L.P. ("Wynnchurch"), a leading middle market private equity firm, announced the closing of its sixth private equity fund, Wynnchurch Capital Partners VI, L.P (“the Fund”) at $3.5 billion of committed capital.
  • The Fund, which had a target of $3.0 billion, was significantly oversubscribed, resulting in the Fund closing less than five months after its initial launch.
  • Chris O’Brien, Managing Partner at Wynnchurch, said, “We are excited about Fund VI and are thankful for the support and partnership of our new and existing investors.
  • Fund VI investors include: state pension funds, sovereign wealth funds, endowments, insurance companies, corporate pension plans, investment advisors and family offices from around the globe.

Eastern Metal Supply Completes Sale of its Eastern Architectural Systems Division

Retrieved on: 
Wednesday, December 20, 2023

Eastern Metal Supply (“EMS”), one of the largest value-added distributors of aluminum products in the U.S. and a Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company, today announced the sale of its Eastern Architectural Systems division ("EAS") to Cornerstone Building Brands, Inc. ("Cornerstone Building Brands"), the largest manufacturer of exterior building products in North America by sales.

Key Points: 
  • Eastern Metal Supply (“EMS”), one of the largest value-added distributors of aluminum products in the U.S. and a Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company, today announced the sale of its Eastern Architectural Systems division ("EAS") to Cornerstone Building Brands, Inc. ("Cornerstone Building Brands"), the largest manufacturer of exterior building products in North America by sales.
  • Headquartered in Fort Myers, Florida, EAS manufactures impact-resistant windows and doors, primarily serving the Florida repair and remodel market.
  • “I would like to thank our EAS colleagues for their commitment to quality, service, and innovation.
  • We wish them the best on their new journey with Cornerstone Building Brands.”

Wynnchurch Capital Announces Team Expansion

Retrieved on: 
Tuesday, November 28, 2023

Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle-market private equity firm, announced today the addition of Brett Burns as an Associate to our investment team.

Key Points: 
  • Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle-market private equity firm, announced today the addition of Brett Burns as an Associate to our investment team.
  • Chris O’Brien, Managing Partner at Wynnchurch, said, “We are excited to announce the additions of Brett, Yuri, Justin, Moe, Colleen, and Jessica.
  • Yuri Douglas previously held various roles within the accounting departments at Makena Capital, Industrial Growth Partners, and Linden Capital.
  • Wynnchurch is actively seeking investment opportunities for its $2.277 billion Fund V. In September, Trimlite, a Wynnchurch Capital portfolio company, acquired Francis-Schulze Company, a leading value-added distributor of exterior door products and hardware.