Project Description

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