Pittsburgh, PA (October 3rd, 2023) – Tecum Capital (“Tecum”) is excited to announce its investment in SMX Industrial Solutions. Tecum Capital provided debt and equity capital to support Emko Capital (“Emko”) in the recapitalization of two iconic metal fabrication equipment brands — Scotchman Industries and Steelmax Tools — and the creation of SMX Industrial Solutions. […]
Category: Private Credit
Tecum Capital Announces Investment in Accelevation, LLC
Pittsburgh, PA – Tecum Capital (“Tecum”) is proud to announce its investment in Accelevation, LLC (“Accelevation”), a vertically integrated group of manufacturing companies serving the data center, electric vehicle, and robotic end markets. The Company is headquartered in Springboro, OH. Accelevation is a portfolio company of LFM Capital, a Nashville, TN based lower middle market […]
Tecum Capital Announces Investment in The Lewis Group
Pittsburgh, PA – Tecum Capital (“Tecum”) is proud to announce its investment in The Lewis Group, a leading provider of environmental remediation, emergency response, industrial and property maintenance services. The Lewis Group will be supported by a strategic capital investment from an experienced group of investors, including Glen Oaks Capital, Tecum Capital, Five Points Capital, […]
Tecum Capital Announces Investment in Perimeter Insect Guard
Pittsburgh, PA (September 5, 2023) – Tecum Capital (“Tecum”) is excited to announce its investment in Perimeter Insect Guard (“Perimeter”). Founded in 1994 and headquartered in Taylorsville, Mississippi, Perimeter has developed into the largest provider of insecticide treatment services for uniforms and garments, primarily used by the various branches of the U.S. Military. The Company […]
Tecum Capital Partners Announces Investment in Terra Staffing Group
PITTSBURGH, Pa. – Tecum Capital (“Tecum”) is proud to announce its investment to support Hastings Equity Partners (“Hastings”) and Terra Staffing Group’s (“Terra”) acquisition of ASG Staffing, Inc. (“ASG”). Terra and ASG are US-based temporary staffing firms with an emphasis on labor and manufacturing roles that are critical to ensuring production capacity and output. As […]
Tecum Capital Invests in Leading Composites Distributor FiberGlass Coatings LLC
Investment will support continued expansion of manufacturing and distribution capacity PITTSBURGH, Pa. – August 17, 2023 – Tecum Capital (“Tecum”) is proud to announce its investment in FiberGlass Coatings, LLC, a diversified manufacturer and distributor of multi-use epoxy, resin and fiberglass products. As part of the transaction, Tecum partnered with Management, Third Arch Investments, and […]
Tecum Capital Partners Announces Investment in Gautier Steel ESOP
Tecum Capital (“Tecum”) announced today an investment in the newly formed Gautier Steel Holdings Inc. (“Gautier”, or the “Company”) ESOP. The Company operates a bar mill producing hot rolled carbon and alloy flats and squares as well as a plate mill offering plate products in tool steel, stainless and more. The two mills operate from […]
Tecum Capital Portfolio Company, Conco Services, Announces Acquisition of Blue Wolf Performance Solutions
Pittsburgh, Pennsylvania – Conco Services LLC (“Conco”), a Rising Point Capital and Tecum Capital portfolio company, has announced today the acquisition of Blue Wolf Performance Solutions (“Blue Wolf”) and its subsidiaries from Dorilton Capital Management. Blue Wolf subsidiaries include Aqua Drill International, Hennigan Engineering, National Heat Exchange, Reliable Industrial Group and Hydrocarbon Filtration. Conco will […]
Tecum Capital Invests in Good Feet Midwest
Pittsburgh, Pennsylvania – Tecum Capital (“Tecum”) is proud to announce its investment in GF Midwest, Inc. (“GF Midwest” or “the Company”). GF Midwest, headquartered in Milwaukee, WI, is one of the largest developers and operators of the Good Feet Store, operating 23 franchises across 9 states. The Good Feet Store has served customers by selling […]
Tecum Capital Announces Investment in Keystone Foam
Pittsburgh, Pennsylvania – Tecum Capital (“Tecum”) is proud to announce its investment in Keystone Foam PA, LLC, formerly known as Keystone Foam Corporation, (“Keystone” or the “Company”), a fabricator of proprietary custom foam products for various end markets. The investment represents Tecum’s seventh platform investment out of its new $305 million SBIC fund, Tecum Capital […]
Tecum Capital Announces Investment in Arrow Waste
Pittsburgh, PA (July 27, 2022) – Tecum Capital (“Tecum”) is excited to announce its investment in Arrow, Inc. (“Arrow Waste”). Founded in 1994, Arrow Waste has grown into one of the largest providers of roll-off container and waste hauling services for residential, commercial, and industrial clients in the greater Atlanta metropolitan area. With what the […]
Tecum Capital Announces Investment in Blackwood
Pittsburgh, PA (June 16, 2022) – Tecum Capital (“Tecum”) is excited to announce its investment in Blackwood Solutions and its related entities (“Blackwood”). Blackwood is a leading electric utility services provider offering specialty transportation, logistics management, recycling, and disposal services in over 20 states. The company’s asset-based, self-performance model delivers best-in-class customer service to major […]
Tecum Capital Announces Investment in TopDown
Pittsburgh, PA (March 7, 2022) – Tecum Capital (“Tecum”) is excited to announce its investment in TopDown, Inc. (“TopDown”), a premier designer, manufacturer, and supplier of branded automotive aftermarket products. TopDown is the industry leader in replacement convertible tops while also offering a variety of interior soft good products including seat covers, headliners, carpet and […]
Tecum Capital Announces Investment in Custom Computer Specialists
Pittsburgh, PA (February 10, 2022) – Tecum Capital (“Tecum”) is proud to announce its investment in Custom Computer Specialists, Inc. (“Custom”), a leading information technology services provider. Custom announced today that it has partnered with Columbia River Partners (“CRP”), a lower middle-market private equity firm focused on control-oriented investments in the business services, industrials and […]
Tecum Capital Announces Investment in Automotive Systems Warehouse
Pittsburgh, Pennsylvania – Tecum Capital (“Tecum”) is proud to announce its investment in Automotive Systems Warehouse, LLC (“ASW” or the “Company”), a wholesale warehouse distributor of automotive paint, body, and equipment products. The investment represents Tecum’s first platform investment out of its new $300 million SBIC fund, Tecum Capital Partners III, L.P. Tecum led a […]
Automotive Systems Warehouse Acquired in a Very Pittsburgh Transaction
Patty Tascarella, Senior ReporterPittsburgh Business Times Automotive Systems Warehouse LLC, based in Hampton Township, has been acquired by an investor syndicate led by one of Pittsburgh’s biggest private equity firms. The investors teamed with the company’s management. The eight-figure deal, a mix of equity and subordinated debt financing, keeps ASW’s leadership at the helm with […]
Conco Services LLC Reached Significant Safety Milestones During 2021
Published: Jan. 11, 2022 at 10:26 a.m. ET – PRNewswire VERONA, Pa., Jan. 11, 2022 /PRNewswire via COMTEX/ — VERONA, Pa., Jan. 11, 2022 /PRNewswire/ — Conco Services LLC, with its headquarters in Verona, PA, and offices in La Porte, TX, Gonzales, LA, and Antioch, CA, has completed its third consecutive year with zero OSHA recordable […]
Tecum Capital Announces Local Growth Investment in JD Palatine Alongside Existing Ownership and First Commonwealth Bank
Pittsburgh, Pennsylvania – Tecum Capital Partners (“Tecum”) is proud to announce its newest investment in JD Palatine LLC (“JDP” or the “Company”), a technology-enabled business process outsourcing provider focused on background and employment screening services. The Tecum team and Chad Killian, JDP’s Founder and CEO, have been discussing a potential deal for several years as […]
One of Pittsburgh’s Biggest Private Equity Firms Stakes a Fellow Wexford Company
Patty Tascarella, Senior Reporter, Pittsburgh Business Times Talk about a deal that’s close to home. One of Pittsburgh’s biggest private equity firms on Wednesday confirmed its most local deal to date. Tecum Capital Partners has invested in JD Palatine LLC, located in the same building in Wexford. “If I drilled a hole in my floor, […]
Tecum Invests in Eastern PA Waste and Recycling Firm
By Patty Tascarella, Senior Reporter, Pittsburgh Business Times One of Pittsburgh’s biggest private equity firms marked the 27th deal from the $265 million fund it raised four years ago. Tecum Capital Partners staked BP Business Solutions, a Chalfont, Bucks County-based provider of waste and recycling services. The transaction was a majority recapitalization as Tecum teamed […]
Tecum and Expedition Partner with Management to Recapitalize BP Business Solutions
Pittsburgh, PA – July 13, 2021: Tecum Capital (“Tecum”) and Expedition Capital Partners (“ECP”) led a majority recapitalization of BP Business Solutions (“BP” or the “Company”), a leading asset light outsourced managed services provider. ECP and Tecum partnered with CEO Lou Pellegrino and management to support the Company’s continued growth. Existing management team retained meaningful […]
Tecum Capital Announces Growth Investment in DelGrosso Foods Alongside Family Ownership and First Commonwealth Led Banking Syndicate
Pittsburgh, Pennsylvania – Tecum Capital Partners II, L.P. (“Tecum”) is proud to announce its newest investment in DelGrosso Foods Inc. (“DelGrosso” or the “Company”). Tecum partnered with a local banking syndicate led by First Commonwealth Bank to provide debt financing to support the second- and third-generation leadership team in the Company’s next stage of growth. […]
Gilman Cheese Highlighted in Cheese Market News for Innovation & Growth
Gilman Cheese is featured in the June 11, 2021 publication of Cheese Market News. The article, “Gilman Cheese Eyes New Innovation, Growth While Retaining Human Touch” spotlights Gilman’s doubled workforce this past year, it’s investment in their employees, and how the company is looking to 2021 as a year to build on strategic processes. “This […]
PNC Bank, Tecum invest in private label producer/packager of over-the-counter remedies
By Patty Tascarella, Senior Reporter, Pittsburgh Business Times Two Pittsburgh companies invested in a Long Island-based developer and distributor of private label over-the-counter pharmaceutical products for big-box retailers. PNC Bank and Tecum Capital Partners were part of an investor group that also included NewSpring Capital and Leedon Park Capital that provided a growth capital injection […]
Tecum Capital, NewSpring Capital, Leedon Park Capital, and PNC Bank Announce Strategic Growth Investment in Spirit Pharmaceuticals in Partnership with Management
Ronkonkoma, NY – Spirit Pharmaceuticals LLC (“Spirit Pharmaceuticals” or the “Company”), a family-owned business, announced today a growth capital injection by NewSpring Capital, Tecum Capital, Leedon Park Capital, and PNC Bank. The investor group backed CEO and Founder Ajoy Joshi to support the Company’s continued growth. Established in 2003, Spirit Pharmaceuticals innovates, develops, packages, and […]
ACG Houston Announces Deal of the Year Winners That Include Tecum Capital’s Portfolio Company Conco Services
ACG Houston’s Deal of the Year event is focused on celebrating Houston’s booming middle-market deal community and honoring the deals and dealmakers who drive middle market growth – resulting in job growth, capital formation and the advancement of meaningful business relationships. Tecum Capital is proud to share that the ACG Houston Deal of the Year […]
Conco Services – ACG Houston’s Deal of the Year Winner for Industrial, Power, & Infrastructure ($25MM – $100MM)
ACG Houston’s Deal of the Year event focused on celebrating Houston’s booming middle-market deal community and honoring the deals and dealmakers who drive middle market growth. Tecum Capital portfolio company, Conco Services, won the Deal of the Year in the Industrial, Power, & Infrastructure ($25MM – $100MM) category. Tecum and UMB Capital Corporation provided subordinated […]
SBIC Capital Syndicate Partners to Acquire Aging With Comfort
Radnor, PA – Capital Alignments Partners, NewSpring, Petra Capital Partners, and Tecum Capital announced today that the SBIC capital syndicate, in partnership with Silver Palm Capital Healthcare Partners, have acquired Aging With Comfort, a Philadelphia-based home care agency that provides personal care assistance for elderly and disabled clients. Aging With Comfort’s in-home care team works with clients’ families to build […]
Sentrics Expands Advisory Council with Aging Innovation Strategist Sarah Thomas
March 24, 2021—Sentrics welcomes Sarah Thomas, Executive Strategist in Aging Innovation to its powerhouse Advisory Council. A global aging expert, Thomas brings nearly 20 years of knowledge transforming the aging experience to the influential council, which provides the Sentrics management team guidance and insights about the trends impacting the services and care of senior living. […]
Conco Services LLC Expands Operations in Gulf Coast and Names New VP of Field Services
PITTSBURGH, Pa.– Conco Services LLC, with its headquarters in Pittsburgh, PA, and offices in La Porte, TX, Gonzales, LA, and Antioch, CA, has experienced increased demand for cleaning and testing services. To better serve customers, Conco has expanded in-house operations into the Gulf Coast Region and named Edward Saxon, Jr. Vice President of Field Services. […]
Conco Services LLC Opens New Location in California to Better Satisfy Customer Demand
Pittsburgh, PA – Conco Services LLC, with its headquarters in Pittsburgh, Pennsylvania, and offices in LaPorte, Texas, and Gonzales, Louisiana, has seen increased demand for cleaning and nondestructive testing services on condensers and heat exchangers on the US west coast. To meet this demand and better serve existing and potential customers, Conco has leased office […]
Tecum Capital Announces Investment in Converged Security Solutions
Pittsburgh, Pennsylvania – Tecum Capital Partners (“Tecum”) is pleased to announce its new investment in Converged Security Solutions (“CSS” or the “Company”). Tecum provided subordinated debt and equity in support of Akoya Capital Partners, Hillcrest Holdings, and current management’s acquisition of Evolver and eVigilant, two prominent Virginia-based security companies, to form Converged Security Solutions (“CSS”). […]