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 […]
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 […]
Secaucus, NJ — ACME Cosmetics Components, LLC (“ACME”) announced Margot Collins has joined the company as the new Vice President of Finance. Margot Collins, who holds her MBA from Erasmus University in the Netherlands as well as a master’s degree in Accounting, is a social impact leader with over fifteen years of experience as a […]
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 […]
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 […]