Investing Activity

Industrials

We are actively seeking investments in variety of sectors, including energy, aerospace, chemicals, building products, distribution, industrial technology, healthcare manufacturing and packaging. Our philosophy is to buy competitively differentiated market leaders and aggressively grow their earnings by prioritizing innovation and capital allocation.

“Our partnership with Golden Gate Capital has been entirely transformative for US Silica. Since their initial investment in 2008, the Golden Gate team has consistently demonstrated outstanding strategic and industry-specific expertise. Their unique fund structure enabled us to pursue important long-term growth investments that otherwise would have been unavailable. The results have been amazing. I simply cannot imagine a better partner.”

– Bryan Shinn, President and CEO, U.S. Silica (fully realized investment as of December 2013)

ActiveMinerals International LLC

Active Minerals

Active Minerals International is a global market leader in the production and distribution of air-float kaolin and gel-grade attapulgite clays for customers in fiberglass, construction, drilling, agriculture, and concrete end markets, among others. The Company’s products provide highly tangible qualities in customers’ end products: Air-float kaolin strengthens fiberglass for usage in printed circuit boards prior to assembly in electronics end products such as phones, tablets, and automobiles. Gel-grade attapulgite is used to increase viscosity of mixtures in a variety of end markets including joint tape compounds used for wallboard construction, and paints & coatings to prevent settling and hard packing. Active Minerals International is headquartered in Sparks, Maryland.

http://activeminerals.com/

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ActiveMinerals International LLC

Active Minerals

Angus

ANGUS

ANGUS is the world’s only company dedicated to the manufacture and distribution of nitroalkanes and their derivatives, which are extremely versatile additives and intermediates that help customers to enhance their products’ performance.  Industries successfully using ANGUS’ nitroalkanes and their derivatives include paints and coatings, life sciences and biopharma, metalworking, personal care, pharmaceuticals, water treatment, oil & gas and many others. ANGUS is headquartered in Buffalo Grove, Illinois.

www.angus.com

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Angus

ANGUS

CFI Canada Fluorspar Inc.

Canada Fluorspar

Canada Fluorspar is a mining company that owns fluorspar reserves and brownfield production assets in Newfoundland, Canada. Fluorspar is the source of fluorine, a key input in the production of aluminum, steel and fluorochemicals like refrigerants and Teflon. CFI’s high quality reserves are uniquely positioned to address the opportunities created by evolving global supply dynamics. Canada Flourspar is headquarted in St. John’s, Newfoundland

 

www.canadafluorspar.ca

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CFI Canada Fluorspar Inc.

Canada Fluorspar

Cole-Parmer

Cole-Parmer

Cole-Parmer is a leading designer, manufacturer, and distributor of specialty lab equipment, with particular expertise in fluid handling and test & measurement. The Company sells products and services to a global network of over 120,000 laboratory managers, scientists, and independent dealers across a wide range of end market applications in healthcare, biotech, pharmaceutical, environmental, and other general industrial markets. Headquartered in Vernon Hills, Illinois, Cole-Parmer has approximately 775 employees across nine locations in North America, Europe and Asia.

www.coleparmer.com

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Cole-Parmer

Cole-Parmer

Cornerstone Building Brands

Cornerstone Building Brands (NYSE:CNR) is one of the largest providers of external building products in North America. The company was formed in 2018 through the merger between NCI Building Systems (NYSE: NCS) and Ply Gem. The company manufactures vinyl windows, vinyl siding, and a variety of metal roofing, siding and paneling systems for residential and commercial applications across new construction and repair and replacement end-markets. Cornerstone is headquartered in Cary, NC.

https://www.cornerstonebuildingbrands.com/

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Cornerstone Building Brands

GOLDEN GATE CAPITAL ACQUIRES TRONAIR

GOLDEN GATE CAPITAL ACQUIRES TRONAIR

SAN FRANCISCO, CA and HOLLAND, OH – Golden Gate Capital, a leading private equity investment firm, today announced that it has acquired Tronair Parent, Inc. (“Tronair” or “the Company”) from Levine Leichtman Capital Partners. Tronair will remain headquartered in Holland, Ohio and will continue to be led by its current senior management team, including President and CEO Harley Kaplan. Terms of the transaction were not disclosed.

Founded in 1971, Tronair is the global leader in the design, manufacture, and sale of ground support equipment (“GSE”) for business, commercial and military aircraft. Tronair’s diverse and unparalleled range of high quality GSE product lines – comprised of over 1,000 SKUs – are used by over 300 unique aircraft platforms. Tronair is the market leader in its core products and market segments, serving leading aircraft OEMs such as Bombardier, Gulfstream, Embraer, Boeing and Airbus; fixed based operators; maintenance and repair providers; corporate hangars; commercial airlines; defense contractors; and military airbases around the world.

“Tronair has successfully differentiated itself through best-in-class engineering capabilities and a collaborative customer approach, resulting in innovative solutions that support safe and efficient aircraft ground operations. We are excited to partner with Tronair management as the Company continues to execute on its strategy to build the industry’s leading ground support equipment platform,” said Rajeev Amara, Managing Director at Golden Gate Capital. “Our investment in Tronair demonstrates our commitment to partnering with high quality aerospace and capital equipment businesses to turbocharge their growth and enhance their strategic relevance.”

Harley Kaplan, Tronair’s President and CEO, commented, “We look forward to working with Golden Gate Capital to continue our positive momentum in the marketplace – driving growth throughout our product portfolio by continuing to deliver value for our customers. With Golden Gate Capital’s operational expertise and financial support, we will be well-positioned to bolster our market leading position while continuing to deliver the high quality, innovative products and leading customer service for which we are known.”

Houlihan Lokey served as financial advisor to Golden Gate Capital in connection with the acquisition.

About Golden Gate Capital
Golden Gate Capital is a San Francisco-based private equity investment firm with over $15 billion of capital under management. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures, and recapitalizations, as well as debt and public equity investments. Other notable industrials investments sponsored by Golden Gate Capital include US Silica, EP Minerals, ArrMaz, Humanetics Innovative Solutions, Springs Window Fashions, ANGUS Chemical Company and Atrium Windows. For more information, visit www.goldengatecap.com.

About Tronair
Tronair, based in Holland, Ohio, is the global leader in the design, manufacture, and sale of ground support equipment (“GSE”) for business, commercial and military aircraft. Tronair’s broad and innovative product line of GSE, comprised of over 1,500 products, is used by over 350 unique aircraft platforms. Tronair is the market leader in its core products and market segments, serving leading aircraft OEMs (e.g., Bombardier, Gulfstream, Embraer, Boeing and Airbus), fixed based operators, maintenance and repair providers, corporate hangars, commercial airlines, defense contractors and military airbases around the world.

Media Contacts

For Golden Gate Capital:
Jenny Gore / Alyssa Linn
(312) 895-4700 / (310) 201-2040

For Tronair:
Josh Green
(419) 724-5710

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GOLDEN GATE CAPITAL ACQUIRES TRONAIR

GOLDEN GATE CAPITAL ACQUIRES TRONAIR skip

GTCR and Golden Gate Capital Announce Recapitalization of Cole-Parmer Instrument Company

GTCR and Golden Gate Capital Announce Recapitalization of Cole-Parmer Instrument Company

GTCR and Golden Gate Capital announced today that they have signed a definitive agreement to recapitalize Cole-Parmer Instrument Company (“Cole-Parmer”, or the “Company”) alongside CEO Bernd Brust and the Cole-Parmer management team. As part of the transaction, GTCR will acquire a majority stake in Cole-Parmer, while Golden Gate Capital and management will retain a significant minority stake in the business. The financial terms of the transaction were not disclosed.

Founded in 1955, Cole-Parmer is a leading global manufacturer of peristaltic, temperature monitoring, and environmental precision equipment and related consumables used in both research and production applications for a diverse range of customers across the life sciences, healthcare, environmental and industrial end-markets.

GTCR initially acquired Cole-Parmer from Thermo Fisher Scientific in 2014. In executing its Leaders Strategy™, GTCR partnered with Mr. Brust to evaluate opportunities in the life sciences industry, ultimately leading to the acquisition of the Company. Following the successful carve out from Thermo Fisher, Cole-Parmer made significant investments in its products and commercial infrastructure to drive organic growth and completed several strategic add-on acquisitions to improve the Company’s proprietary product mix, scale and geographic footprint.

Since GTCR’s sale to Golden Gate Capital in 2017, Cole-Parmer has evolved into a larger, higher-growth business with an expanded presence supplying pharmaceutical and biotechnology customers with mission-critical solutions. Under Golden Gate Capital’s ownership, Cole-Parmer has completed multiple strategic acquisitions that have expanded its product portfolio, global operations, and exposure to secularly-growing end-markets. The Company has also made significant investments in its cloud-based technology infrastructure, catalyzing faster and more efficient workflows for its customers.

GTCR and Golden Gate Capital will partner with Mr. Brust and the Cole-Parmer management team to grow the business through organic growth initiatives and continued strategic M&A in the fragmented life sciences and laboratory products sectors. Cole-Parmer will continue to be led by its current senior management team and will remain headquartered in Vernon Hills, IL.

Bernd Brust, CEO of Cole-Parmer, said: “We are grateful to Jim Rauh and the Golden Gate Capital team for their collaboration, and are very proud of the strategic and operational progress we have made. Together, we have been able to execute on numerous growth initiatives, including a deepened focus on product innovation, establishing us at the forefront of our industry. We are delighted to be renewing our successful partnership with GTCR and look forward to working with both firms, who share our vision and commitment to continuing Cole-Parmer’s evolution into a diversified products company focused on the life sciences, healthcare and environmental end-markets.”

Sean Cunningham, a Managing Director at GTCR, added: “This represents another excellent example of GTCR executing The Leaders Strategy™. We are thrilled to partner with Bernd and the management team a second time. Cole-Parmer has continued its shift to become a life sciences-focused products business. We look forward to partnering with Golden Gate Capital to support the company’s growth going forward.”

Jim Rauh, a Managing Director at Golden Gate Capital, said: “We have enjoyed a very successful partnership with Bernd and the Cole-Parmer team over the last few years. We are proud to have helped Cole-Parmer continue to develop into a premier life-sciences platform and become the acquirer of choice in a fragmented market. We look forward to supporting Cole-Parmer’s continued growth alongside the Company’s management team and GTCR.”

Dean Mihas, a Managing Director at GTCR, added: “Bernd and the entire Cole-Parmer team have done an exceptional job transforming the business since the carve out from Thermo Fisher. They have a track record of success and we are excited to once again partner with them to invest in the long-term growth of the Company.”

The transaction is expected to close in the fourth quarter of 2019.

Jefferies LLC served as financial advisor to the Company. Latham & Watkins provided legal counsel to GTCR. Baird served as financial advisor and Kirkland & Ellis and Nob Hill Law Group P.C. provided legal counsel to Golden Gate Capital.

About Cole-Parmer

Founded in 1955, Cole-Parmer is a leading global source of fluid handling, test & measurement, environmental and biosciences instrumentation and associated consumables. We are proven experts in the fields of peristaltic technologies, temperature measurement and control, electrochemistry, water & air testing and chromatography. Cole-Parmer’s portfolio of unique industry-leading brands includes Masterflex®, Environmental Express™ and Traceable®. Cole-Parmer’s products are used in both research and production applications for a diverse range of customers across the life sciences, healthcare, environmental, and industrial end-markets. For more information, please visit www.coleparmer.com.

About GTCR

Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Growth Business Services, Technology, Media & Telecommunications, Healthcare and Financial Services & Technology industries. The Chicago-based firm pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. Since its inception, GTCR has invested more than $15 billion in over 200 companies. For more information, please visit www.gtcr.com.

About Golden Gate

Golden Gate Capital is a San Francisco-based private equity investment firm with over $15 billion of committed capital. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures, and recapitalizations, as well as debt and public equity investments. Notable investments sponsored by Golden Gate Capital include Active Minerals, U.S. Silica, EP Minerals, ANGUS and Vantage Elevator Solutions. For more information, visit www.goldengatecap.com.

Media Contacts

For GTCR:
Kellie Kennedy
312-933-4903

For Golden Gate Capital:
Sard Verbinnen & Co
Jenny Gore / David Isaacs
312-895-4700 / 415-618-8750

For Cole-Parmer:
Mina Canning
972-536-1813

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GTCR and Golden Gate Capital Announce Recapitalization of Cole-Parmer Instrument Company

GTCR and Golden Gate Capital Announce Recapitalization of Cole-Parmer Instrument Company skip

Petro Choice Lubrication Solutions

PetroChoice

PetroChoice is a leading distributor of consumable lubricants to the passenger vehicle, commercial vehicle, and industrial markets in the U.S. Through its scale and leading expertise in specialized advanced lubrication solutions, the company provides customers with enhanced productivity and increased profitability. PetroChoice, which is headquartered in Fort Washington, Pennsylvania, serves over 16,000 customers across 23 states.

www.petrochoice.com

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Petro Choice Lubrication Solutions

PetroChoice

Tronair

Tronair

Tronair is a global leader in the design, manufacture, sale, and service of ground support equipment (GSE) and aftermarket replacement parts for the business jet, commercial, and military aviation end markets. The company’s broad portfolio of mission critical GSE is relied upon worldwide by aircraft OEMs, aircraft owners, fixed base operators, and maintenance, repair, and overhaul organizations. Tronair was founded in 1971 and is headquartered in Holland, Ohio

https://www.tronair.com/

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Tronair

Tronair

Vantage

Vantage is a leading North American elevator component manufacturer, providing a broad portfolio of made-to-order parts that includes nearly every electromechanical component used in elevator systems: door operators and associated door equipment, geared and gearless traction machines, universally compatible microprocessor controllers, safety components, signal fixtures, push button panels, and structural assemblies. Vantage sells its products to independent elevator service companies and OEMs engaged in the installation, maintenance and modernization of elevators. Vantage comprises a portfolio of well-known and long-tenured elevator components brands, dating back to its founding as G.A.L. in 1927, and is headquartered in Bronx, NY.

http://www.gal.com/

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Vantage

VORTO

VORTO is the largest software platform in the energy sector that automates shipper and trucking carrier logistics, and provides an online marketplace for procurement of trucking and commodities. The platform has now extended into non-energy sectors. The company is headquartered in Denver, CO.

www.vorto.ai

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VORTO

West Branch Rail Group

West Branch Holdings

West Branch Holdings is a holding company of short line railroad and railroad service assets. The company was established in 2015 with the acquisition of the Delta Southern Railroad, a short line railroad serving chemicals, aggregates and agriculture operations out of Monroe and Tallulah, Louisiana.

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West Branch Rail Group

West Branch Holdings

ActiveMinerals International LLC

Active Minerals

Active Minerals International is a global market leader in the production and distribution of air-float kaolin and gel-grade attapulgite clays for customers in fiberglass, construction, drilling, agriculture, and concrete end markets, among others. The Company’s products provide highly tangible qualities in customers’ end products: Air-float kaolin strengthens fiberglass for usage in printed circuit boards prior to assembly in electronics end products such as phones, tablets, and automobiles. Gel-grade attapulgite is used to increase viscosity of mixtures in a variety of end markets including joint tape compounds used for wallboard construction, and paints & coatings to prevent settling and hard packing. Active Minerals International is headquartered in Sparks, Maryland.

http://activeminerals.com/

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Active Minerals
Angus

ANGUS

ANGUS is the world’s only company dedicated to the manufacture and distribution of nitroalkanes and their derivatives, which are extremely versatile additives and intermediates that help customers to enhance their products’ performance.  Industries successfully using ANGUS’ nitroalkanes and their derivatives include paints and coatings, life sciences and biopharma, metalworking, personal care, pharmaceuticals, water treatment, oil & gas and many others. ANGUS is headquartered in Buffalo Grove, Illinois.

www.angus.com

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ANGUS

Cornerstone Building Brands

Cornerstone Building Brands (NYSE:CNR) is one of the largest providers of external building products in North America. The company was formed in 2018 through the merger between NCI Building Systems (NYSE: NCS) and Ply Gem. The company manufactures vinyl windows, vinyl siding, and a variety of metal roofing, siding and paneling systems for residential and commercial applications across new construction and repair and replacement end-markets. Cornerstone is headquartered in Cary, NC.

https://www.cornerstonebuildingbrands.com/

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Cornerstone Building Brands
CFI Canada Fluorspar Inc.

Canada Fluorspar

Canada Fluorspar is a mining company that owns fluorspar reserves and brownfield production assets in Newfoundland, Canada. Fluorspar is the source of fluorine, a key input in the production of aluminum, steel and fluorochemicals like refrigerants and Teflon. CFI’s high quality reserves are uniquely positioned to address the opportunities created by evolving global supply dynamics. Canada Flourspar is headquarted in St. John’s, Newfoundland

 

www.canadafluorspar.ca

close
Canada Fluorspar
Cole-Parmer

Cole-Parmer

Cole-Parmer is a leading designer, manufacturer, and distributor of specialty lab equipment, with particular expertise in fluid handling and test & measurement. The Company sells products and services to a global network of over 120,000 laboratory managers, scientists, and independent dealers across a wide range of end market applications in healthcare, biotech, pharmaceutical, environmental, and other general industrial markets. Headquartered in Vernon Hills, Illinois, Cole-Parmer has approximately 775 employees across nine locations in North America, Europe and Asia.

www.coleparmer.com

close
Cole-Parmer

Vantage

Vantage is a leading North American elevator component manufacturer, providing a broad portfolio of made-to-order parts that includes nearly every electromechanical component used in elevator systems: door operators and associated door equipment, geared and gearless traction machines, universally compatible microprocessor controllers, safety components, signal fixtures, push button panels, and structural assemblies. Vantage sells its products to independent elevator service companies and OEMs engaged in the installation, maintenance and modernization of elevators. Vantage comprises a portfolio of well-known and long-tenured elevator components brands, dating back to its founding as G.A.L. in 1927, and is headquartered in Bronx, NY.

http://www.gal.com/

close
Vantage
Petro Choice Lubrication Solutions

PetroChoice

PetroChoice is a leading distributor of consumable lubricants to the passenger vehicle, commercial vehicle, and industrial markets in the U.S. Through its scale and leading expertise in specialized advanced lubrication solutions, the company provides customers with enhanced productivity and increased profitability. PetroChoice, which is headquartered in Fort Washington, Pennsylvania, serves over 16,000 customers across 23 states.

www.petrochoice.com

close
PetroChoice

VORTO

VORTO is the largest software platform in the energy sector that automates shipper and trucking carrier logistics, and provides an online marketplace for procurement of trucking and commodities. The platform has now extended into non-energy sectors. The company is headquartered in Denver, CO.

www.vorto.ai

close
VORTO
Tronair

Tronair

Tronair is a global leader in the design, manufacture, sale, and service of ground support equipment (GSE) and aftermarket replacement parts for the business jet, commercial, and military aviation end markets. The company’s broad portfolio of mission critical GSE is relied upon worldwide by aircraft OEMs, aircraft owners, fixed base operators, and maintenance, repair, and overhaul organizations. Tronair was founded in 1971 and is headquartered in Holland, Ohio

https://www.tronair.com/

close
Tronair
West Branch Rail Group

West Branch Holdings

West Branch Holdings is a holding company of short line railroad and railroad service assets. The company was established in 2015 with the acquisition of the Delta Southern Railroad, a short line railroad serving chemicals, aggregates and agriculture operations out of Monroe and Tallulah, Louisiana.

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West Branch Holdings
* Realized Investments