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Tramec'S Management Team And Financing Partners Complete Purchase Of Majority Shareholder'S Interest

Sep 23, 2021•almost 4 years ago
Elk Grove Village

Description

Tramec is pleased to announce that its management team, partnering with Wells Fargo Strategic Capital and High Street Capital (HSC), has redeemed 100% of MacLean Investment Partner's interest in the company. The deal positions Tramec to accelerate its growth and diversification initiatives in its primary markets and beyond.

Company Information

Company

Tramec

Location

Elk Grove Village, Illinois, United States

About

Tramec is a manufacturer and distributor participating in numerous markets, including commercial vehicle, automotive, industrial, HVAC, lawn and garden, recreational vehicle, marine, construction, and agriculture under the brands Tramec Sloan, Tramec Sloan Fleet Engineers Division, Hill Fastener, Tramec Esdan Plastics, Termico Technologies, Tramec Plastics and Composites, and Continental Aero. Tramec prides itself in manufacturing excellence, making most of the products it sells at sites throughout North America and Australia. For information, contact Gary Sullo, Tramec, at [email protected] or 616-395-5601; Keith Cable at Wells Fargo Strategic Capital; Derek Gollnitz at High Street Capital at [email protected] or 312-423-2658. SOURCE Tramec LLC

FundzWatch™ Score

86
Medium Activity

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