Portfolio Companies
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 MoreExport-Import Bank of the United States Recognizes Eight Customers as Exporters of the Year at 2024 Annual Conference
Washington, DC – Today, the Export-Import Bank of the United States (EXIM) presented eight EXIM customers representing the diversity of American exports and innovations with its Exporters of the Year Award at the 2024 Annual Conference. “The eight exporters receiving awards this year are direct representations of the diversity and excellence of American exporting,” said EXIM President…
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 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 MoreW.A. JONES TRUCK BODIES AND EQUIPMENT ANNOUNCES NEW CHIEF FINANCIAL OFFICER
Columbia City, IN — W.A. Jones Truck Bodies and Equipment (“W.A. Jones”) announced John Young has joined the company as the new Chief Financial Officer. Young is an experienced CFO with more than 20 years of progressive experience in finance and operational management. He received his Bachelor of Science in Accounting from Indiana University at Fort…
Read MoreADVANCED PROBING SYSTEMS ANNOUNCES NEW PRESIDENT AND DIRECTOR OF TECHNOLOGY
Louisville, CO — Advanced Probing Systems (APS) announced today, Dr. Jerry Broz has joined the company as the new President and Director of Technology. Jerry Broz, who has a Ph.D. in Mechanical Engineering from the University of Colorado at Boulder, is a veteran of the probing and device test community. He brings more than 20 years…
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 MoreDISCOUNT 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 a regional supplier and distributor of drainage…
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