Graycliff Partners LP

We are pleased to announce the sale of Landmark Structures to Cerberus Capital Management. Landmark has achieved impressive growth since we acquired the business in 2022. We supported key investments in people, systems, and equipment aimed at driving growth, increasing capacity, and improving operational efficiency. These initiatives enabled Landmark to capitalize on the strong demand for water storage solutions in key geographies marked by aging infrastructure and continued population expansion. We also completed strategic M&A, guiding the company through the acquisition and integration of a specialized tank coatings business that helped to double Landmark’s aftermarket repair and maintenance services business. “Graycliff proved to be a reliable, trustworthy partner whose resources and strategic direction significantly helped to accelerate our growth,” said Chris Lamon, Landmark’s CEO. “With Graycliff’s support, we’ve built a strong foundation upon which to continue to expand our product and service offerings. We are looking forward to partnering with Cerberus to further grow the company in the years to come.” Read the full announcement here: https://lnkd.in/ejDsYNzj

We are pleased to announce the sale of Landmark Structures to Cerberus Capital Management. Landmark has achieved impressive growth since we acquired the business in 2022. We supported key investments in people, systems, and equipment aimed at driving growth, increasing capacity, and improving operational efficiency. These initiatives enabled Landmark to capitalize on the strong demand for water storage solutions in key geographies marked by aging infrastructure and continued population expansion. We also completed strategic M&A, guiding the company through the acquisition and integration of a specialized tank coatings business that helped to double Landmark’s aftermarket repair and maintenance services business. “Graycliff proved to be a reliable, trustworthy partner whose resources and strategic direction significantly helped to accelerate our growth,” said Chris Lamon, Landmark’s CEO. “With Graycliff’s support, we’ve built a strong foundation upon which to continue to expand our product and service offerings. We are looking forward to partnering with Cerberus to further grow the company in the years to come.” Read the full announcement here: https://lnkd.in/ejDsYNzj

We are pleased to announce we have completed a unitranche debt investment and equity co-investment alongside Brookside Capital Partners in support of LP First Capital's acquisition of REI Utility Services, a provider of joint-use management services to electric distribution co-operatives in Texas. "We are pleased to partner with LP First Capital and REI on this transaction," said Frank Cacace, Principal, Graycliff Partners. "The company has built an exceptional track record of serving its co-op clients and will continue to play an important role as it grows its service coverage area and offerings over the next several years." Read the full announcement here> https://lnkd.in/eHDTNAFz

We are pleased to announce our partnership and investment in Diamond Chemical Company, Inc., a manufacturer of cleaning and sanitation chemicals serving hospitality, food service, commercial laundry, and other end-markets. Harold Diamond, President and CEO of Diamond, commented, “As a third-generation family-owned business, it was important to find a financial partner that understood our history and our vision. Graycliff’s approach of providing strategic guidance while allowing us to continue to operate the business and retain our culture resonated with us. We are excited to leverage their experience to take Diamond to our next phase of growth.” “Diamond is a premier player within the cleaning chemicals market and has built an impressive base of loyal customers,” added Andrew Trigg. “We are thrilled to partner with Harold and his team and be part of Diamond’s impressive growth trajectory.” Graycliff and management plan to pursue growth in new and existing markets, complementing Diamond’s current offering with new products, geographies and end markets. Read the full announcement here > https://lnkd.in/e7HKGnMb

We are pleased to announce we have completed a unitranche debt investment and equity co-investment in support of ArchStar Capital’s acquisition of Attic Breeze, a Gatesville, TX-based manufacturer of high-quality solar-powered attic fans and accessories designed to improve the energy efficiency of homes and businesses. “We are pleased to partner with ArchStar and Attic Breeze on this transaction,” said Brian O'Reilly. “The company is the leader in its niche and is well positioned to expand. We look forward to working with them to help build upon their success.” Read the full announcement here >https://lnkd.in/eN8y_F2V

We are pleased to announce the sale of Ballymore Safety Products to One Equity Partners. Since our acquisition of Ballymore in 2021, the company achieved transformative growth through both M&A and organic initiatives. Highlights include the completion of two strategic acquisitions that added new products, diversified the company’s customer base, and expanded manufacturing capabilities. We also added a full executive leadership team to support the CEO, hired critical engineering talent to bring product development in-house, and completed a full corporate rebranding. “Graycliff’s support and guidance were integral in getting us to where we are today,” said Bill Frame, Ballymore CEO. “The improvements we’ve made to our product offering, talent, branding, and operations have given us the tools to grow into a true market leader and full-scale provider of safety solutions across North America. We look forward to partnering with OEP to achieve this vision.” Read the full announcement here > https://lnkd.in/eXdg39ZX

We are pleased to announce the sale of Electro-Mechanical (EMC) to funds managed by Oaktree Capital Management. EMC was family-owned for over 60 years before partnering with Graycliff in 2021. Since then, Graycliff has worked with management to transform the company into a leading power grid infrastructure platform with a widely recognized brand and a broad portfolio of innovative power products. “Graycliff has proved an invaluable resource,” said Howard Broadfoot, EMC CEO. “Their guidance was instrumental in achieving rapid, sustainable growth and optimizing the company for future success, while maintaining our company’s family culture. We are looking forward to partnering with Oaktree to further grow the company in the years to come.” Read the full announcement here > https://lnkd.in/eB9a6WcV

We are pleased to announce that our portfolio company Gerard Daniel, a provider of wire mesh and filtration solutions, has completed the acquisition of Rhodius KMS, a Germany-based manufacturer of knitted wire mesh used in electrolysis and filtrations applications in the clean hydrogen, chemical, and industrial end markets. Andrew Trigg, Managing Partner, said, “We believe the integration of Gerard Daniel and Rhodius creates exciting growth opportunities for the combined business. We look forward to working with both teams to leverage these opportunities to further accelerate growth and serve Gerard Daniel’s global customer base seamlessly.” The acquisition introduces cross-selling opportunities through the addition of knitted mesh to Gerard Daniel’s growing product portfolio, expands the company’s reach in the attractive and fast-growing clean hydrogen market, and further establishes Gerard Daniel’s European presence with new German operations. Post-acquisition, Gerard Daniel will serve over 5,000 customers from 11 locations across four countries. Read the full announcement here > https://lnkd.in/e8E76r3V