Articles from Graycliff Partners LP

Graycliff Partners, through its GCP Ascend small-cap fund, is pleased to announce its investment in ValveTek Utility Services and MeterTek Utility Services (together, the “Company”), Kenilworth, New Jersey based providers of water meter and distribution system services to municipal and investor-owned water utilities.

Graycliff Partners LP announced today that its portfolio company Vytex, a manufacturer of vinyl windows and doors for the residential replacement and remodeling industry, has acquired Vinyl Kraft. The combination creates a diversified window and door manufacturing platform spanning the East Coast and Midwestern United States.

Graycliff Partners is pleased to announce its investment in Vytex, LLC (“Vytex”), a manufacturer of customized vinyl windows and patio doors for the residential replacement and remodeling industry.

Graycliff Partners is pleased to announce its acquisition of Boss Industries, LLC (“Boss”). Boss is a leader in power take-off and engine driven air technology, offering a full line of vehicle-integrated air compressors, generators, spray coating applications, and vapor recovery systems.

Graycliff Partners LP today announced the sale of Landmark Structures (“Landmark”), a leading provider of water and industrial storage infrastructure solutions, to Cerberus Capital Management, L.P. (“Cerberus”), a global investment firm. Landmark is a leading designer, manufacturer, and installer of elevated water tanks for municipalities and private water utilities in the U.S. and Canada.

Graycliff Partners LP (“Graycliff”), a lower middle market investment manager, has announced the single closing of GCP Ascend LP (the “Fund”), which closed with $100 million in limited partner capital plus additional commitments from Graycliff’s partners and employees.

Graycliff Partners is pleased to announce its partnership and investment in Diamond Chemical Company (“Diamond”), a manufacturer of cleaning and sanitation chemicals serving hospitality, food service, commercial laundry, and other end-markets.

Graycliff Partners LP today announced the sale of Ballymore Safety Products (“Ballymore”), a leading designer and manufacturer of engineered vertical access and material handling safety-related products for use in industrial and retail environments, to One Equity Partners (“OEP”), a middle market private equity firm. Based in Coatesville, PA, Ballymore offers a broad suite of products and services, including rolling safety ladders, lifts, work platforms, fall protection systems, portable loading docks, lift tables, conveyors, stackers, and reach tools.

Graycliff Partners LP announced today that its portfolio company Gerard Daniel Worldwide, a provider of wire mesh and filtration solutions, has completed the acquisition of the Knitted Mesh & Separation division of Rhodius GmbH (“Rhodius KMS”).

Graycliff Partners is pleased to announce the acquisition of XCEL NDT (“XCEL”), a provider of non-destructive testing services for critical infrastructure assets in the petrochemical, pipeline and general industrial industries.

Graycliff Partners LP (“Graycliff” or “Graycliff Partners”) is pleased to announce the closing of the firm’s fifth lower middle market private equity fund, Graycliff Private Equity Partners V (the “Fund”). The oversubscribed Fund closed at its hard cap of $600 million in limited partner commitments in a single closing and included significant additional commitments from Graycliff’s partners and employees. The fundraise was completed in less than four months with support from both existing and new investors.

Graycliff Partners is pleased to announce that it has made an investment in Republic Electric Company, a distributor of HVAC and electrical equipment and related components for use in residential, commercial, and industrial applications.

Graycliff Partners LP today announced the sale of WorldWide Electric Corporation (WWE), a leading manufacturer and importer of electric motors, motor controls, gear reducers, frequency converters, and generators, to AEA Investors, a New York-based private equity firm.

Graycliff Partners LP announced today that it has completed an equity investment and recapitalization of CHawk Technology International (“CHawk”), a manufacturer of precision plastic and metal components and assemblies for the semiconductor capital equipment, aerospace, and medical device industries.

Graycliff Partners LP announced today that it has completed the acquisition of Electro-Mechanical Corporation (“EMC”), a manufacturer of engineered electrical equipment sold into utility and industrial end markets.

Graycliff Partners LP announced today that it has completed the acquisition of Gold Tech Industries (“GTI”), a provider of metal finishing and plating services for the semiconductor and aerospace industries.