Portfolio Industry: Industrial Growth and Niche Manufacturing

Founded in 1979, Trans/Air is a trusted provider of climate control systems for a wide range of vehicles, including commercial, school, type-A, transit, limo, touring and electric-hybrid buses, as well as specialty vehicles and vans.

Based in Elkridge, MD, First Source Electronics manufactures electro-mechanical assemblies, chassis integration, and cable assemblies, and provides automated warehouse, industrial automation, and engineering solutions.

Bengur Bryan served as exclusive financial advisor to Commercial Vehicle Group (the “Company” or “CVG”) (NASDAQ: CVGI), a diversified industrial products and services company, in the sale of its First Source Electronics (FSE) business to Woodson Equity.

Founded in 2003 and headquartered in Frederick, MD, AboveAir Technologies is a leading original equipment manufacturer (OEM) of computer room air conditioners. AboveAir products are designed to provide 24x7x365 precision space temperature and humidity control for today’s most critical Tenant, Enterprise and Hyperscale/Colocation applications serving industries including financial institutions, US government agencies, and other commercial markets.

Bengur Bryan served as the exclusive financial advisor to AboveAir in its sale to AirX Climate Solutions, a Gryphon Investors portfolio company.

Industrial Lumber Sales, Inc. (ILS) is a remanufacturer of specialty skids and pallets, packaging, cut-to-size, and crating facility. ILS manufactures pallet and packaging components, boxes, crates, and specialty pallets, as well as various dimensions of southern yellow pine and hardwood.

Bengur Bryan served as the exclusive financial adviser to ILS in its sale to Weston Forest Products, a portfolio company of the Watermill Group.

Products Support, Inc. is a full-service manufacturing facility known throughout the Aerospace, Defense, Military, and Commercial industries as a partner that can be counted on for superior products and services.

Bengur Bryan served as the exclusive financial adviser to PSI on its sale to Vitesse Systems Company.

Pinnacle Cranes was established in 2001 as a division of CTE (formerly Carolina Tractor and Equipment Company), which is a leading provider of equipment, service, technology, and rental services to the construction, power generation, material handling, and warehouse solutions industries throughout North Carolina, South Carolina, and other Southeast markets.

Bengur Bryan advised CTE (Carolina Tractor and Equipment Company) in the sale of its Pinnacle Cranes division to Tecum Equity.

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J.T. Shannon Lumber Company is a leading manufacturer of precision cut hardwood lumber operating three related businesses: a sawmill/lumber manufacturing business, lumber concentration yards, and an engineered wood flooring manufacturing business.

Bengur Bryan advised J.T. Shannon Lumber Company on the sale of its Superior Hardwoods division, including its state of the art sawmill located in Montezuma, Indiana to the Baillie Lumber Company.

 

Rowe Industries is a leading manufacturer of silicon tape, rubber-insulated wire and cable.   

Bengur Bryan advised Rowe Industries on the sale of its Silicone Tape business to Seal It Services, Inc., a subsidiary of UK-based Seal It Services Limited which is a subsidiary of Astral Poly Technik Ltd, India.

Self Industries, Inc. is a manufacturer, distributor, and marketer of locking rings for industrial drums and component parts including gaskets, nuts and bolts and other accessories for steel, plastic and fiber drums and pails.

Bengur Bryan advised Self Industries, Inc. in its sale to Ringmetall AG, an exchange-listed, German-based company providing specialty products to the industrial packaging industry.