Acquisitions
Foundation Investment Partners completes acquisition of American Spool & Packaging, Inc.
Chagrin Falls, OH – Foundation Investment Partners (FIP) is pleased to announce the successful acquisition of American Spool & Packaging, Inc (Amspak). Located in Hartsville, South Carolina, Amspak’s primary business is converting sheets, and mill rolls into specialty packaging products. Their product line includes spiral paper tubes, folding paper cartons, paper spools and reels, sleeves and trays, die cut…
Read MoreFoundation Investment Partners Completes Acquisition of Spartan Tool Supply in Columbus, Ohio
Chagrin Falls, OH – Foundation Investment Partners is pleased to announce the successful acquisition of Spartan Tool Supply, a premier distributor of industrial power tools and equipment based in Columbus, Ohio. Terms of the transaction were not disclosed. For over 45 years, Spartan Tool Supply has served as a trusted supplier of high-quality commercial tools…
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 INVESTMENT PARTNERS ACQUIRES W.A. JONES
Chagrin Falls, Ohio—Aug 8, 2019—Foundation Investment Partners (FIP), a Cleveland-based private equity firm, announced that, in partnership with the founders and management, it has recapitalized W.A. Jones, a leading distributor and upfitter of truck equipment. The investment makes W.A. Jones the fifth platform investment by FIP in its 10-year history. Terms of the transaction were…
Read MoreWRWP ACQUIRES J&S PRODUCTS
Twinsburg, OH—WRWP, LLC, a manufacturer and distributor of wire harnesses, cables and custom components, announced today that it has purchased the assets of J&S Products, Inc., a Stow, Ohio-based supplier of heavy machinery interface cables, signal wiring harnesses and kitting of electrical and mechanical accessories. “With the acquisition of J&S Products, we will have the…
Read MoreFIP ACQUIRES DISCOUNT DRAINAGE SUPPLY
Cleveland, OH — March 1, 2018 — Private equity firm, Foundation Investment Partners (FIP), announced today that it has purchased the assets of Discount Drainage Supply (Discount Drainage or DDS), from Jim and Pete Gory. The purchase includes DDS locations in Akron, Columbus, and Cincinnati. Terms of the transaction were not disclosed. DDS is a regional…
Read MoreFOUNDATION INVESTMENT PARTNERS ACQUIRES ACME METAL CAP
Cleveland, OH — Dec. 13, 2013 — Private equity firm, Foundation Investment Partners (Foundation or FIP), announced today that it has purchased the assets of Acme Metal Cap (Acme), a global leader in the design and manufacture of metal pans used in cosmetics’ packaging and the food and drug industry. Terms of the transaction were not…
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