Exited Investment
Pioneer Metal Finishing
Prairie Capital Fund IV
Location | Green Bay, WI |
Transaction Type | Growth Buyout with Management |
Investment Date | August 2007 |
Exit Date | August 2018 |
Buyer | Aterian Investment Partners |
Business | Leading provider of metal finishing services, with primary processes including anodizing of aluminum and electroless nickel plating of ferrous and non-ferrous metals. |
Industry | Industrial |
Investment Rationale
- Backed management buyout of inactive majority owner
- The Company had a leadership position in a fragmented industry
- Large customer base and footprint provided geographic and industry diversity
- Opportunities to acquire small, established competitors
- Substantial opportunities to accelerate growth by offering additional finishing services
Value Add
- Human Capital
- Add-on Acquisitions