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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]