Exited Investment

Pioneer Metal Finishing

Prairie Capital Fund IV

Pioneer Metal Finishing Corporation
LocationGreen Bay, WI
Transaction TypeGrowth Buyout with Management
Investment DateAugust 2007
Exit DateAugust 2018
BuyerAterian 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.

IndustryIndustrial

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

TEAM:

Steve King,