PORTFOLIO

Prior Investments - Industrial



ASTECH Manufacturing (now ASTECH Engineered Products Inc.) is a Santa Ana, California-based supplier of lightweight, high-strength, heat-resistant and noise-suppression structures for commercial and military aircraft, space vehicles, missiles, and other applications.

Transaction type:  Management Buyout
Status:  Realized (sold to GKN Aerospace)


Acurex Corporation is an Anaheim, California-based manufacturer of aircraft galley refrigeration systems.

Transaction type:  Management Buyout
Status:  Realized (sold to BE Aerospace)


Criterion Brock is the leading provider of floor covering services to the multi-family housing industry in the Western U.S. Wedbush Capital acquired a majority interest in Criterion Custom Floors in September 2007.  Brock Interiors was acquired three months later and merged with Criterion to form Criterion Brock. The acquisition of Golden Greek Carpets in July 2008 expanded Criterion Brock’s geographic footprint to include Southeast Texas. 

Transaction Type:  Growth Capital Recapitalization
Status: Realized (Sold to ILG)


Custom Products is a Wisconsin-based producer of precision machined parts and machine tools used in the automotive, aircraft, computer and industrial equipment industries.

Transaction type:  Recapitalization
Status:  Realized (sold to Citation)


Energy Solutions is a Texas-based supplier of oil and gas pipeline management technologies and services.  

Transaction type:  Growth Equity Investment
Status:  Realized (sold to Oaktree Affiliate)


ExtruMed, LLC is the market’s leading provider of precision tubing solutions for minimally invasive, interventional and implantable therapies. In August 2005, an investor group co-lead by Wedbush Capital purchased a majority interest in ExtruMed from its father/son owner/operators. Shortly thereafter, ExtruMed acquired its primary competitor, Extrusioneering, followed by the acquisition of Innovative Extrusions in August 2008. The three companies have been consolidated, creating the largest independent extrusion company in the United States.

Transaction Type:  Growth Capital Recapitalization
Status:  Realized (sold to Vesta, Inc., a portfolio company)
of Roundtable Healthcare Partners, in March 2009)


G&H Technologies is a Camarillo, California-based designer and fabricator of special application electrical, optical and mechanical interconnect devices for space, aerospace, defense and commercial markets. 

Transaction type:  Management Buyout
Status:  Realized (sold to management)


Hanover Compressor (NYSE: HC) is a Houston, Texas-based provider of natural gas compression and fabricates equipment for oil and natural gas processing and transportation applications. 

Transaction type:  Growth Equity/Start Up
Status:  Realized (IPO)


HB&G Building Products is a Troy, Alabama-based manufacturer of synthetic and wood specialty millwork, consisting primarily of columns as well as exterior posts and rails for porch and deck applications.

Transaction type:  Management Buyout
Status:  Realized


L.A. Spas is an Anaheim, California-based developer, manufacturer and marketer of premium above ground spas, spa-related accessories, parts and supplies.

Transaction type:  Management Buyout
Status:  Realized (sold to management)


Outsource Partners International is a Los Angeles, California-based provider of financial and accounting business process outsourcing to India.

Transaction type:  Growth Equity Investment
Status:  Realized (sold to ExlService Holdings)


Pacific Precision Metals is an Ontario, California-based manufacturer of brass, bronze and steel doorknobs and tubular steel handles, washroom cabinets, towel racks and medicine cabinets.

Transaction type:  Management Buyout
Status:  Realized  (sold to Norwest Capital)