News Posts from 2023
Trimlite Acquires Francis-Schulze Company
Rosemont, IL – September 22, 2023 – Trimlite Equity, L.P. (“Trimlite” or the “Company”), a Wynnchurch Capital portfolio company, announced that it has acquired Francis-Schulze Company (“F‑S” or “Francis-Schulze”). Members of the Francis and Schulze families will continue as shareholders in Trimlite. Financial terms were not disclosed. Francis-Schulze is a leading value-added distributor of exterior door products and hardware. Founded in 1957 and headquartered in Russia, Ohio, Francis-Schulze has developed a strong presence across the Ohio Valley by providing high quality products and value-added services to its diverse network of customers.
Wynnchurch Capital Exits Midland Industries
Rosemont, IL – September 5, 2023 – Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle market private equity firm, is pleased to announce that it has sold Midland Industries, LLC (“Midland” or the “Company”) to Gemspring Capital Management, LLC (“Gemspring”). Wynnchurch also coinvested alongside Gemspring in the transaction.
Premier Expands Board of Directors with Appointment of Tom Fitzgerald
Rosemont, IL –May 10, 2023 – Premier Franchise Management (“Premier”), the largest U.S. residential pool-build and pool-service franchisor, announced that it has appointed Tom Fitzgerald, Chief Financial Officer for Planet Fitness (NYSE: PLNT), to its Board of Directors.
Wynnchurch Capital Announces Promotions and Expands Operations Team
Rosemont, IL – March 28, 2023 — Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle-market private equity firm, announced today that Kevin Hanley has been promoted to Principal, Cole Pospesel to Vice President, and Mike Yerkes to Accounting Manager. In addition, we have expanded our Portfolio Operations Group to include Daniel Martis.
Wynnchurch Capital Invests in FloWorks
Rosemont, IL – January 24, 2023 – Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle market private equity firm, announced today that it has acquired a majority ownership in FloWorks International, LLC (“FloWorks” or the “Company”) from Clearlake Capital Group, L.P (together with its affiliates, “Clearlake”). Clearlake will retain a minority stake in the go-forward business. Headquartered in Houston, Texas, FloWorks is a leading specialty distributor of critical flow control products and provider of tailored technical solutions for MRO-focused applications.