Posts by Carolyn Manley
Foundation Investment Partners Announces the Sale of its Investment in Miljoco Corporation to DwyerOmega
Chagrin Falls, OH — Foundation Investment Partners (FIP), a private equity firm based in Chagrin Falls, Ohio, is pleased to announce the sale of its investment in Miljoco Corporation (Miljoco) to DwyerOmega, a portfolio company of Arcline Investment Management. The terms of the transaction were not disclosed. Founded in 1979 and based in Mount Clemens,…
Read MoreFOUNDATION INVESTMENT PARTNERS FINALIZES PURCHASE OF WEISS INSTRUMENTS LLC
Chagrin Falls, Ohio (March 17, 2022) – Foundation Investment Partners (FIP) announced that it has finalized an agreement to purchase Holtsville, New York-based Weiss Instruments, LLC. Under the agreement, FIP will combine the Weiss manufacturing facility with Miljoco Instrument Corp.—which it recently purchased—at Miljoco’s 50,000-square-foot facility in Mt. Clemens, Michigan. The Weiss and Miljoco brands and…
Read MoreFOUNDATION INVESTMENT PARTNERS EXITS INVESTMENT IN DISCOUNT DRAINAGE SUPPLY
Cleveland, OH–Private equity firm, Foundation Investment Partners (FIP), announced the sale of its investment in Discount Drainage Supply (Discount Drainage or DDS) to Winsupply Inc. , one of the largest distributors in the nation. The sale includes all three DDS locations in Akron, Columbus and Cincinnati. Terms of the transaction were not disclosed. Based in…
Read MoreFOUNDATION’S DAVID WOOD ON MANAGEMENT TRANSITIONS
Acquisition strategy often comes down to your ability to relate to and make a strong connection with the seller, says David Wood. “You’re trying to win over that entrepreneur who is worried about who is going to take care of the kids when they’re gone,” says Wood, founder, and managing partner at Foundation Investment Partners. “The…
Read MoreFOUNDATION’S DAVID WOOD: UNDERSTANDING SELLER’S NEEDS DRIVES BETTER DEALS
David Wood has a passion for the intricacies of dealmaking. Earlier in his career, he spent time at Kirtland Capital Partners where he played a lead role in acquiring five companies in the span of 18 months. He relished the opportunity to help smaller middle-market companies take the next step in their respective journeys and…
Read More
