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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Foundation’s David Wood On Management Transitions

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. […]

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FOUNDATION 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 […]

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