Category Archives: News

Foundation 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 […]

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Foundation Investment Partners Names Financial Industry Leader in New Business Development Role

Foundation Investment Partners Names Financial Industry Leader for New Business Development Role Chagrin Falls, Ohio—April 13, 2021—Foundation Investment Partners, LLC (FIP), a Cleveland-based value-add private equity firm for companies with EBITDA between one and five million, announces the addition of accomplished banking industry leader, Laura Redinger to the team in a newly created role as […]

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WRWP 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 […]

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Discount Drainage Announces New Chief Executive Officer

DISCOUNT DRAINAGE ANNOUNCES NEW CHIEF EXECUTIVE OFFICER Akron, OH—Discount Drainage Supplies announced today that Matt Huebner has joined the company in the newly created position of Chief Executive Officer. Huebner is a veteran of the drainage and construction industry. He brings more than 20 years of sales and marketing experience to the company, which is […]

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FIP Acquires Discount Drainage Supply

NEWS RELEASE CONTACT: David Wood – 440-903-1791 Jim Gory – 330-644-0114 FOR IMMEDIATE RELEASE FOUNDATION INVESTMENT PARTNERS 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 […]

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